Category Archives: Redondo Beach

458 Longfellow Avenue Hermosa Beach Ca 90254 — DUPLEX FOR SALE —

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Hermosa Beach duplex income property for sale located at 458 Longfellow Avenue Hermosa Beach CA 90254 by John Corrales Coldwell Banker Manhattan Beach 310-346-3332.

Each unit has been remodeled and the land offers future development potential.  Awesome location just 4 blocks from pristine white sand beaches and an easy walk to all the shopping and dining in downtown Manhattan Beach.

With so few income properties left, due to re-development into large luxury homes in Hermosa Beach and Manhattan Beach, the few remaining income properties very rarely become available.  MultiFamilyOWL.com has all Manhattan Beach, Hermosa Beach and Redondo Beach Duplex, Triplex, 4-Plex and larger apartment buildings available updated every 15 minutes!

Redondo Beach CA Investment Property WANTED…ALL CASH BUYER…DESPERATE for Duplex, Triplex, 4-Plex Multi-Unit Income Properties

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MultiFamilyOWL has been contacted by several ALL CASH investors desperate for Multi-Unit income properties in Redondo Beach.  These investors will pay full market value and are willing to have 2 independent unbiased appraisers of the owner’s choice determine fair market value.  The buyers will buy in AS-IS condition and not ask for any repairs nor termite completions.  These buyers are experienced investors with experience managing and rehabilitating Duplex, Triplex, 4-Plex and Large Commercial multi-unit Apartment Buildings.  Please contact MultiFamilyOWL at contact@MultiFamilyOWL.com for more information.  Thank You!

Redondo Beach Real Estate and Multi-family Investment Properties

Redondo Beach is located in the South Bay region of Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental propertiessuch as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Redondo Beach.

Redondo Beach’s population was 67,693 as of 2012, which is more than Hermosa Beach or Manhattan Beach, the other two beach cities in the South Bay. The estimated median household income in 2011 was $97,547 (it was $69,173 in 2000). This is larger than the California median which was $57,287 in 2011.

Redondo Beach has large professional, scientific, and technical industries which comprise 13% of all industries in the city, which is almost twice that of the California average. This is because employers such as Northrop Grumman have 5,827 employees, which is 16% of the city’s total employment. Education is also a big industry with Redondo Beach Unified School district being the second largest employer in the city. The Beach Cities Health District, Nordstrom, Crowne Plaza, Cheesecake Factory, Target and Macy’s are also large employers.

The city also enjoys being close to a variety of conveniences. The Los Angeles International Airport (LAX) is only 7 miles away. The Metro Green Line, which runs east to west, has a stop in Redondo at Marine Ave, thereby connecting Redondo with affordable transit to most LA cities. The hospital Providence Little Company of Mary is only 2 miles away in neighboring city Torrance and about 4 miles away is El Camino Community College, which has over 8500 full time enrolled students.

Redondo Beach has many attractions, the most popular of which is the Pier. Here tourists and locals alike enjoy the sandy beach and many restaurants that it has to offer. The South Bay Galleria shopping center also offers many retail and boutique shopping outlets and is located in the heart of Redondo.

All of these features make Redondo Beach a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.

Also serving other Los Angeles County Cities.

This information was gathered from www.redondo.org, city-data.com and wikipedia

Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Redondo Beach.

MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us at contact@MultiFamilyOwl.com

 

multifamily investment income rental apartment sale rent property los angeles ca california redondo beach

Investment Apartment Building FOR SALE, Redondo Beach CA, Los Angeles County

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Rachel Ezra Shorewood Realtors (310-349-3000) has listed a wonderfully located rare commercial apartment building in beautiful Redondo Beach.  This multifamily apartment building is an investor’s dream with massive income potential in a neighborhood with continuously rising rents.  Please see more information below on this incredible investment property and contact Rachel direct for additional information!

1907 Camino De La Costa
Redondo Beach, CA 90277

For Sale: $5,995,000

Property Type: Commercial Apartments
MLS#: SB14177845

Contact Agent

Rachel Ezra, Shorewood REALTORS | Phone: (310) 349-3000

  • Bedrooms: 2
  • Building Size: 10796 SF
  • Lot Size: 12237 SF
  • Number of Units: 12
  • Year Built: 1957
  • Days on market: 56
  • Cap Rate: 2.50
  • Net Operating Income: $148,865
  • Rent Control: No
  • GRM: 24.30END TO A FRIEND
Property Description
Location, Location, Location!!! Rare opportunity! Legacy Property. Great for an investor. Positive cash flow, HUGE upside potential. Pride of ownership. 12 spacious units in the very sought after Rivera Village. Some units have sunset views. All units feature hardwood floors, large balconies and/or patios, some have upgraded kitchens and newer appliances. All upper 6 units have high beam ceilings in living room, kitchen and bedrooms. Just steps to the beach sand and surf, and the popular Hollywood Riviera/Riviera Village shops and restaurants. First time on the market in 40 years, property sold in “as is” “where is” condition.

Multi-family Investment Property and Home Listings in Los Angeles, CA

The most populous county in the United States, Los Angeles County has a population of 9,818,605 and has more people than 42 individual U.S. states. LA County is a fantastic choice to invest in multifamily residential income property. The economy is improving and decreasing unemployment rates are excellent for rising rental rates. Southern California’s great climate, world renowned attractions and celebrity encounters enables many of LA county’s cities to be vacation destinations. Additionally if you convert your apartment into a vacation rental, you will create short term rentals that will yield higher rentalrates.

The city of Los Angeles is the county seat, is the largest city in California and the second-largest in the United States. Encompassing 4,083 square miles, it is larger than the combined states of Rhode Island and Delaware. You may receive higher rents for multi-unit residential investment properties near the coast, however in general the asking purchase prices are higher.

LA County is composed of 88 incorporated cities and two offshore islands, San Clemente and Santa Catalina Islands. However, most of LA County is made up of 140 County-recognized unincorporated communities.

The most populous cities are:

● Los Angeles – 3,792,621

● Long Beach – 462,257

● Glendale – 191,719

● Santa Clarita – 179,013

● Lancaster – 156,633

● Palmdale – 152,750

● Pomona – 149,058

● Torrance – 145,438

● Pasadena – 137,122

● El Monte – 113,475

● Downey – 111,772

● Inglewood – 109,673

● West Covina – 106,098

● Norwalk – 105,549

● Burbank – 103,340

Major divisions of the county are 1) East: Eastside, San Gabriel Valley, Pomona Valley, 2) West: Westside, Beach Cities 3) South: South Bay, Palos Verdes Peninsula, South Los Angeles, 4) Gateway Cities 5) North: San Fernando Valley, portions of the Conejo Valley, portions of the Antelope Valley and Santa Clarita Valley 6) Central: Downtown Los Angeles, Mid-Wilshire.

Los Angeles County is famous for its entertainment industry; all six major film studios (Sony, 20th Century Fox, Paramount Pictures, Warner Brothers, Universal Pictures, and Walt Disney Studios) are located in the county. Besides motion picture and television industries, LA County resident workers are in international trade supported by the ports of LA and Long Beach, music recording and production, and aerospace.

Moreover, there are great tax benefits to owning income producing real estate. We have many duplexes, triplexes, fourplexes, and commercial apartment buildings without rent control, with on-site parking, laundry and separately metered utilities. A property manager can help you control owner/ landlord expenses and if necessary guide you through the Section 8 and eviction process.

Invest with us and request more information about the historical CAP Rates for your preferred LA county cities and ask about the GRM (Gross Rent Multiplier), Net Operating Income and Gross Operating Income for specific listings.

Information gathered from Wikipedia and propertymetrics.com

 
Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in LA County.
You might be interested in looking in one of these LA County cities: Alhambra – Altadena – Arcadia – Azusa – Baldwin Park – Bell – Bell Gardens – Bellflower –Beverly Hills – Brentwood – Burbank – Carson – Compton – Covina – Culver City – Downey – Eagle Rock – El Monte – El Segundo – Glendale – Glendora – Harbor City – Hawaiian Gardens – Hawthorne – Hermosa Beach – Highland Park – Hollywood – Huntington Park – Inglewood – Lakewood – Lawndale – Lomita – Long Beach – Los Angeles (City) – Lynwood – Malibu – Manhattan Beach – Marina Del Rey – Monrovia – Montebello – Monterey Park – Montrose – North Hollywood –Norwalk – Pasadena – Playa Del Rey – Pomona – Redondo Beach – Rosemead – San Dimas – San Gabriel – San Pedro – Santa Monica – Sherman Oaks – Silver Lake – South El Monte – South Pasadena – Southgate – Studio City – Sun Valley – Temple City – Toluca Lake – Torrance – Valley Village – Van Nuys – Venice –West Covina – West Hollywood – Westchester – Whittier – Wilmington

MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us atcontact@MultiFam

duplex multifamily for rent sale los angeles ca redondo beach

MultiFamily Duplex For Sale in Redondo Beach, Los Angeles CA. Great Rent Potential!

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A fabulous Duplex has been listed by Robert Teer (310-251-7192) at South Bay Brokers in Redondo Beach, Los Angeles Ca.  This multifamily duplex features two separate homes on a very large lot for the area.  This Duplex could be held as a great income producing property while receiving consistent rent, a future re-development opportunity or even an owner-user situation.  This Duplex has the living square footage, lot size, beach city location and optimum layout to keep ALL options available!  To view additional interior pictures, financials and in-depth descriptions please visit www.MultiFamilyOWL.com !

LOS ANGELES COUNTY, CA, FOR RENT, FOR LEASE
The most populous county in the United States, Los Angeles County has a population of
9,818,605 and has more people than 42 individual U.S. states. LA County is a fantastic choice
to rent in multifamily residential property. The economy is improving and unemployment rates
are decreasing. Southern California’s great climate, world renowned attractions and celebrity
encounters enables many of LA county’s cities to be vacation destinations.
The city of Los Angeles is the county seat, is the largest city in California and the
second-largest in the United States. Encompassing 4,083 square miles, it is larger than the
combined states of Rhode Island and Delaware. Rents for multi-unit residential properties will
be higher near the coast, however in general they are also nicer.
LA County is composed of 88 incorporated cities and two offshore islands, San
Clemente and Santa Catalina Islands. However, most of LA County is made up of 140 County-
recognized unincorporated communities.
The most populous cities are:
● 1. Los Angeles
3,792,621
● 2. Long Beach
462,257
● 3. Glendale 191,719
● 4. Santa Clarita
179,013
● 5. Lancaster 156,633
● 6. Palmdale
152,750
● 7. Pomona
149,058
● 8. Torrance
145,438
● 9. Pasadena
137,122
● 10. El Monte
113,475
Major divisions of the county are 1) East: Eastside, San Gabriel Valley, Pomona Valley,
2) West: Westside, Beach Cities 3) South: South Bay, Palos Verdes Peninsula, South Los
Angeles, 4) Gateway Cities 5) North: San Fernando Valley, portions of the Conejo Valley,
portions of the Antelope Valley and Santa Clarita Valley 6) Central: Downtown Los Angeles,
Mid-Wilshire.
Los Angeles County is famous for its entertainment industry; all six major film studios
(Sony, 20th Century Fox, Paramount Pictures, Warner Brothers, Universal Pictures, and Walt
Disney Studios) are located in the county. Besides motion picture and television industries, LA
County resident workers are in international trade supported by the ports of LA and Long Beach,
music recording and production, and aerospace.
We have many duplexes, triplexes, fourplexes, and commercial apartment buildings with
and without rent control, with on-site parking, laundry and separately metered utilities.
Rent with us and request more information about your preferred LA county cities and ask
about specific listings.
Information gathered from Wikipedia and propertymetrics.com

 
Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for rent in LA County.
You might be interested in looking in one of these LA County cities: Alhambra – Altadena – Arcadia – Azusa – Baldwin Park – Bell – Bell Gardens –Bellflower – Beverly Hills – Brentwood – Burbank – Carson – Compton – Covina – Culver City – Downey – Eagle Rock – El Monte – El Segundo – Glendale –Glendora – Harbor City – Hawaiian Gardens – Hawthorne – Hermosa Beach – Highland Park – Hollywood – Huntington Park – Inglewood – Lakewood –Lawndale – Lomita – Long Beach – Los Angeles (City) – Lynwood – Malibu – Manhattan Beach – Marina Del Rey – Monrovia – Montebello – Monterey Park –Montrose – North Hollywood – Norwalk – Pasadena – Playa Del Rey – Pomona – Redondo Beach – Rosemead – San Dimas – San Gabriel – San Pedro – Santa Monica – Sherman Oaks – Silver Lake – South El Monte – South Pasadena – Southgate – Studio City – Sun Valley – Temple City – Toluca Lake – Torrance –Valley Village – Van Nuys – Venice – West Covina – West Hollywood – Westchester – Whittier – Wilmington

MultiFamilyOWL.com is California’s #1 multifamily investment property website to search thousands of multifamily real estate listings for sale, for rent and for lease throughout Orange County, Los Angeles and San Diego California. Find large commercial apartment buildings, duplexes, triplexes and fourplexes with MultiFamilyOWL’s advanced residential income property search features. The multi-family listings include in-depth descriptions, operating financials and high resolution property photos to help you get an inside look. Stay informed with our blog and be notified of new California multi-family and multi-unit residential income property listings by following our social media accounts. Email us at contact@MultiFamilyOwl.com

 

Los Angeles REDONDO BEACH California DUPLEX FOR SALE

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REDONDO BEACH LOS ANGELES CALIFORNIA MULTIFAMILY DUPLEX FOR SALE

As you can see from the video above, this is a MASSIVE Duplex For Sale in the beach community of Redondo Beach Los Angeles.  The Duplex is listed for sale by Coldwell Banker Tim Smith www.smithgrouprealestate.com and has been active on the MLS for 57 days at the time of this blog post.  We will not talk much about the location as in previous posts MultiFamilyOWL has made its followers aware of how awesome Redondo Beach in Los Angeles is for multifamily income property investing.

This Duplex boasts  4,188 square feet of living area on a 7,275sq’ lot and was built fairly recently for a multifamily duplex in 1978.  Each unit looks like its own townhouse featuring 3 bedrooms 3 bathrooms, separate utility meters and private two car garages.  To view additional pictures, detailed financials and description please click the following link: Massive Redondo Beach, Los Angeles California MultiFamily DUPLEX FOR SALE

(All property details retrieved from CRMLS © 2014 CRMLS. Information is believed to be accurate, but shall not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed)

To learn more about investing in MultiFamily Duplex income property in Redondo Beach please click the link below to read one of our past blogs!

Past Blog about Redondo Beach, Los Angeles California MultiFamily Duplex For Sale

Multi-family Investment Property and Home Listings in Los Angeles, CA The most populous county in the United States, Los Angeles County has a population of 9,818,605 and has more people than 42 individual U.S. states. LA County is a fantastic choice to invest in multifamily residential income property. The economy is improving and decreasing unemployment rates are excellent for rising rental rates. Southern California’s great climate, world renowned attractions and celebrity encounters enables many of LA county’s cities to be vacation destinations. Additionally if you convert your apartment into a vacation rental, you will create short term rentals that will yield higher rentalrates.

The city of Los Angeles is the county seat, is the largest city in California and the second-largest in the United States. Encompassing 4,083 square miles, it is larger than the combined states of Rhode Island and Delaware. You may receive higher rents for multi-unit residential investment properties near the coast, however in general the asking purchase prices are higher.

LA County is composed of 88 incorporated cities and two offshore islands, San Clemente and Santa Catalina Islands. However, most of LA County is made up of 140 County-recognized unincorporated communities.

The most populous cities are:

 

● Los Angeles – 3,792,621● Long Beach – 462,257● Glendale – 191,719● Santa Clarita – 179,013

● Lancaster – 156,633

● Palmdale – 152,750● Pomona – 149,058● Torrance – 145,438● Pasadena – 137,122

● El Monte – 113,475

● Downey – 111,772● Inglewood – 109,673● West Covina – 106,098● Norwalk – 105,549

● Burbank – 103,340

Major divisions of the county are 1) East: Eastside, San Gabriel Valley, Pomona Valley, 2) West: Westside, Beach Cities 3) South: South Bay, Palos Verdes Peninsula, South Los Angeles, 4) Gateway Cities 5) North: San Fernando Valley, portions of the Conejo Valley, portions of the Antelope Valley and Santa Clarita Valley 6) Central: Downtown Los Angeles, Mid-Wilshire.

Los Angeles County is famous for its entertainment industry; all six major film studios (Sony, 20th Century Fox, Paramount Pictures, Warner Brothers, Universal Pictures, and Walt Disney Studios) are located in the county. Besides motion picture and television industries, LA County resident workers are in international trade supported by the ports of LA and Long Beach, music recording and production, and aerospace.

Moreover, there are great tax benefits to owning income producing real estate. We have many duplexes, triplexes, fourplexes, and commercial apartment buildings without rent control, with on-site parking, laundry and separately metered utilities. A property manager can help you control owner/ landlord expenses and if necessary guide you through the Section 8 and eviction process.Invest with us and request more information about the historical CAP Rates for your preferred LA county cities and ask about the GRM (Gross Rent Multiplier), Net Operating Income and Gross Operating Income for specific listings.Information gathered from Wikipedia and propertymetrics.comThank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in LA County.

 

Redondo Beach DUPLEX FOR SALE Los Angeles California

Redondo Beach DUPLEX FOR SALE Los Angeles County California.

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Click this link below to view a short 1 minute video of this Killer Duplex For Sale in Redondo Beach California:

Redondo Beach California Duplex For Sale Los Angeles  (click here)

As you can see from the video above, this Redondo Beach Duplex multifamily property for sale listed by NWRE Brokers John Chuka has loads of potential as a traditional income producing property or future development of new construction.  Located so very close to the beach communities of Hermosa Beach and Manhattan Beach in Los Angeles County’s crown jewel of the South Bay, rents are ALWAYS rising and the tenant pool is ALWAYS increasing.  So many different ways to profit from this awesome Duplex.

To view additional pictures, in depth descriptions and financials on this Redondo Beach Duplex For Sale please click this live link now.  The DUPLEX is situated on a full 50×150 7,500sq’ lot and currently has two 2 bedroom 1 bathroom cottage apartments each with separate gas/electric meters and its own 2 car garage. The interiors offer hardwood floors, updated bathrooms and kitchens and new paint.  We urge our followers to give this property a closer look, Duplex properties on large lots this close to the beach do not come up often.

To view some past blogs MultiFamilyOWL wrote on Duplex Properties FOR SALE in Redondo Beach, Hermosa Beach and Manhattan Beach, please click this live link!

(All property details retrieved from CRMLS © 2014 CRMLS. Information is believed to be accurate, but shall not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed)

Redondo Beach California DUPLEX FOR SALE multifamily income property for sale

Redondo Beach California Probate DUPLEX multi-family income property FOR SALE…..12 days on the market!

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Redondo Beach California is the most southern beach city in the highly desirable “South Bay” of Los Angeles.  Currently there are 9 Multi Family income properties listed for sale with 7 of these being DUPLEX properties FOR SALE.  In this blog post we will be examining a PROBATE Multi-Family DUPLEX at 519 N. Gertruda listed FOR SALE by Keller Williams Theresa La Roche just 12 days ago.  Before we speak about the probate duplex at 519 N. Gertruda, please click this link to read/view a recent post about Redondo Beach’s Multi-Family DUPLEX Income Property market…………

Getting back to the probate Multi-Family Duplex listed for sale 12 days ago on North Gertruda! The location is excellent, west of PCH and south of Herondo…….easy walk to the beach and all the dining at the Redondo Beach Pier.  The DUPLEX needs MUCH work, having been built in 1904 and looking quite neglected.  The income property offers a 2 bedroom 1 bathroom apartment and a 1 bedroom 1 bathroom apartment with just over 1,400sq’ living area on a nearly 6,000sq’ lot.  To view pictures, financials and more descriptions of this Probate Redondo Beach Multi-Family income property please click this live link!

(All property details retrieved from multiple public real estate  websites, Information is believed to be accurate, but shall not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed)

Redondo Beach is located in Los Angeles County but is NOT subject to RENT CONTROL.  I have personally purchased several Multi-Family Income Properties within the City of Redondo Beach and highly recommend multifamily property investors looking to add to their portfolio to stay aware of Redondo Beach’s income property market.

Huntington Beach Versus Redondo Beach DUPLEX multi-family Income Property FOR SALE

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Huntington Beach Versus Redondo Beach DUPLEX Multi-Family Income Property For Sale

Huntington Beach California and Redondo Beach California are two cities which have very similar Duplex, Triplex & Four-Plex multi-family income property markets.  Both cities have very similar Gross Rent Multipliers, with Redondo Beach averaging higher rents, but Huntington Beach averaging lower asking prices.  Neither city has Rent Control and both cities have huge populations of highly skilled and highly paid potential tenants desiring to live close to the ocean.  Huntington Beach typically has a larger inventory of available DUPLEX, triplex and fourplex multifamily properties for sale, while inventory is very tight in Redondo Beach. Please click the link below to view a short video of a 4-Plex FOR SALE on Slater Avenue in Huntington Beach that I shot yesterday………Huntington Beach Versus Redondo Beach DUPLEX Multi-Family Income Property For Sale

Slater Avenue is a busy street, but this Four-plex has an outstanding unit mix featuring (1) 3bedroom 2 bathroom and (3) 2 bedroom 2bathroom apartments all with separate utility meters, garages, fireplaces and great living square footages.  Built in 1979 and most units recently upgraded.  REMAX Lori McGuire is the listing agent.  To view more pictures, descriptions and in depth financials on this Four-Plex please click this live link and visit MultiFamilyOWL !

To view some past blogs on a few Huntington Beach Duplex multi-family income properties for sale click this live link!

To see some similar properties in Redondo Beach California I blogged about a few weeks ago, click this live link!

(All property details retrieved from multiple public real estate  websites, Information is believed to be accurate, but shall not be relied upon without verification. Accuracy of square footage, lot size and other information is not guaranteed)

Huntington Beach is located in Orange County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Huntington Beach. To view a video of a great Duplex listed this year in Huntington Beach click this live link NOW!

Huntington Beach’s population was 194,708 as of 2012, which makes it the largest beach city in Orange County. The estimated median household income in 2011 was $75,336 (it was $64,824 in 2000). This is larger than the California median which was $57,287 in 2011.

Huntington Beach has large professional, scientific, and technical industries which comprise 9.3% of all industries in the city. This is because employers such as Boeing have 4,609 employees, which which makes it the top employer in Huntington Beach. Quicksilver, Cambro Manufacturing, Hyatt Regency, and C & D Aerospace are also top employers.

The city also enjoys being close to a variety of conveniences. The nearest major airport is John Wayne Airport. This airport has international and domestic flights from Santa Ana, California and is 9 miles from the center of Huntington Beach. Another major airport is Long Beach Airport, which has domestic flights and is 19 miles from Huntington Beach. The local hospital is Huntington Beach Hospital but there are also a few hospitals several miles away in Fountain Valley. There are many colleges in or around Huntington Beach, but the biggest ones are California State Long Beach (about 9 miles) and University of California Irvine (about 10 miles) which both have around 26,000 full time students enrolled.

Huntington Beach has many attractions, the most popular of which is its 9.5 mile sandy beach. The downtown district includes an active art center, a colorful shopping district, and the International Surfing Museum.

All of these features make Huntington Beach a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.

Redondo Beach is located in the South Bay region of Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available tobuy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Redondo Beach.

Redondo Beach’s population was 67,693 as of 2012, which is more than Hermosa Beach or Manhattan Beach, the other two beach cities in the South Bay. The estimated median household income in 2011 was $97,547 (it was $69,173 in 2000). This is larger than the California median which was $57,287 in 2011.

Redondo Beach has large professional, scientific, and technical industries which comprise 13% of all industries in the city, which is almost twice that of the California average. This is because employers such as Northrop Grumman have 5,827 employees, which is 16% of the city’s total employment. Education is also a big industry with Redondo Beach Unified School district being the second largest employer in the city. The Beach Cities Health District, Nordstrom, Crowne Plaza, Cheesecake Factory, Target and Macy’s are also large employers.

The city also enjoys being close to a variety of conveniences. The Los Angeles International Airport (LAX) is only 7 miles away. The Metro Green Line, which runs east to west, has a stop in Redondo at Marine Ave, thereby connecting Redondo with affordable transit to most LA cities. The hospital Providence Little Company of Mary is only 2 miles away in neighboring city Torrance and about 4 miles away is El Camino Community College, which has over 8500 full time enrolled students.

Redondo Beach has many attractions, the most popular of which is the Pier. Here tourists and locals alike enjoy the sandy beach and many restaurants that it has to offer. The South Bay Galleria shopping center also offers many retail and boutique shopping outlets and is located in the heart of Redondo.

All of these features make Redondo Beach a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.

 

redondo beach california duplex multifamily income property for sale

Redondo Beach California MultiFamily Duplex Income Property For Sale…Time To BUY !!

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Redondo Beach is the southern most beach front city in the South Bay of Los Angeles County before reaching the  Palos Verdes Peninsula (excluding a tiny strip of Torrance Beach).  Right now there are three duplex multifamily income properties and one Triplex multifamily income property listed for sale in North Redondo Beach.  North Redondo Beach is adjacent to East Manhattan Beach and offers 5,000-7,500sq’ lots with many duplex, triplex and fourplex properties dispersed among single family homes and townhouses. Closer to the beach, South Redondo offers smaller lots, higher gross rent multipliers.  Currently there is only one Triplex MultiFamily Income Property For Sale in South Redondo.  To view these five MultiFamily Income Properties For Sale in Redondo Beach California, please click this live link!

Below you will read all about Redondo Beach and why it is such an amazing opportunity for MultiFamily Income Property Investors.  It seems to be the perfect mix of appreciation and cash flow with large lot sizes and great square footages.  Before reading all about the Redondo Beach, please click this live link to read my previous post regarding Duplex MultiFamily Income Property For Sale in Redondo Beach!

Redondo Beach is located in the South Bay region of Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available tobuy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Redondo Beach.

Redondo Beach’s population was 67,693 as of 2012, which is more than Hermosa Beach or Manhattan Beach, the other two beach cities in the South Bay. The estimated median household income in 2011 was $97,547 (it was $69,173 in 2000). This is larger than the California median which was $57,287 in 2011.

Redondo Beach has large professional, scientific, and technical industries which comprise 13% of all industries in the city, which is almost twice that of the California average. This is because employers such as Northrop Grumman have 5,827 employees, which is 16% of the city’s total employment. Education is also a big industry with Redondo Beach Unified School district being the second largest employer in the city. The Beach Cities Health District, Nordstrom, Crowne Plaza, Cheesecake Factory, Target and Macy’s are also large employers.

The city also enjoys being close to a variety of conveniences. The Los Angeles International Airport (LAX) is only 7 miles away. The Metro Green Line, which runs east to west, has a stop in Redondo at Marine Ave, thereby connecting Redondo with affordable transit to most LA cities. The hospital Providence Little Company of Mary is only 2 miles away in neighboring city Torrance and about 4 miles away is El Camino Community College, which has over 8500 full time enrolled students.

Redondo Beach has many attractions, the most popular of which is the Pier. Here tourists and locals alike enjoy the sandy beach and many restaurants that it has to offer. The South Bay Galleria shopping center also offers many retail and boutique shopping outlets and is located in the heart of Redondo.

All of these features make Redondo Beach a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, growing community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.

Also serving other Los Angeles County Cities.

This information was gathered from www.redondo.org, city-data.com and wikipedia

 Thank you for choosing MultiFamilyOwl.com in your search for a duplex, triplex, fourplex or commercial apartment for sale in Redondo Beach.
 

 

Redondo Beach, California the income property tide is pushing east.

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Having personally purchased two 4-Plex income properties in Redondo Beach over the past decade, I would consider myself an expert in the area’s multifamily real estate market.  Attracted by more reasonable GRM’s (gross rent multipliers) and an abundance of fourplexes available for sale, many multifamily  income property investors are profiting from Redondo Beach’s close proximity to Hermosa Beach and Manhattan Beach.

With the demolition of so many existing older multi-family income properties to build mega-mansion beach homes, the lack of available apartments is sending rental rates skyrocketing.  Unlike Manhattan Beach and Hermosa Beach, many of the multifamily income properties located in Redondo Beach have been built on lots which are still zoned for multi-unit re-evelopment of condominiums.  With the average lot size in Hermosa Beach and Manhattan Beach being 1,345sq’-3,000sq’ for multifamily properties, Redondo Beach multifamily investment properties are typically on 5,000sq’-7,500sq’ lots still zone for multi-unit condominium redevelopment.

Redondo Beach’s multi-family investment market has many sub-markets, however most would consider it as being divided into two core areas: South Redondo and North Redondo.  In South Redondo you are going to see higher GRM’s with closer proximity to the beach and tourist frequented shops and restaurants.  In North Redondo you will find lower GRM’s, located just a little further away from the ocean, shops and dining at the beach.  Both areas are amazing investments.

The Redondo Beach multifamily income property market has so many factors pushing values and rents higher.  MultiFamilyOWL.com always has the most recently listed duplex, triplex, fourplex and larger apartment buildings for sale, stay updated on our advanced search!