1110 Barbara ST, Redondo Beach, CA 90277
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1110 Barbara ST, Redondo Beach, CA 90277,Video Tour
1110 Barbara ST, Redondo Beach, CA 90277
1110 Barbara ST, Redondo Beach, CA 90277
1110 Barbara ST, Redondo Beach, CA 90277
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Marcie Sands

Marcie Sands

+1(760) 644-1562
$ 4,250,000
Est. payment /mo
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1110 Barbara ST Redondo Beach, CA 90277

13 Beds

12 Baths

6,792 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,792 sqft

Price per Sqft $625

MLS Listing ID 26835407

Bedrooms 13

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1965

Lot Size 0.261 Acres

Property Description

We are pleased to present 1110 Barbara Street, a seven-unit apartment building located in the heart of Redondo Beach. The property features a desirable unit mix consisting of (1) three-bed/two-bath two-story home (approx. 1,400 SF), (4) two-bedroom/two-bath (each over 1,000 SF), and (2) one-bed/one-bath units. Four of the seven units have been recently and tastefully upgraded, showcasing modern finishes and high-quality improvements. Tenants pay their own utilities, and the units are currently enrolled in a RUBS (Ratio Utility Billing System) program that reimburses the owner for water, sewer, trash, and other shared utility expenses. This offering presents an excellent opportunity an investor to capitalize on strong rental demand and premium market rents in one of the South Bay's most coveted coastal communities with no local rent control and 16% rental upside potential on current rents. Residents enjoy the best of coastal living in a highly sought-after South Bay neighborhood, just minutes from world-class beaches, parks, restaurants. 1110 Barbara Street is available for individual purchase or in conjunction with 1100 Barbara Street. Please reach out to Seller's Agent for more information and the full marketing package. Updated financials reflect increased rental income and improved operating performance. Well-located asset with strong in-place returns and upside potential.

Location

State CA

County Los Angeles

Area 156 - S Redondo Bch S Of Torrance Bl

Zoning RBRMD

Interior

Heating Electric

Fireplace No

Appliance Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Dryer, Washer

Laundry Inside, Laundry Room, Stacked

Exterior

Parking Features Assigned, Direct Access, Garage

Garage Spaces 6.0

Garage Description 6.0

Building

Story 2

Entry Level One,Two

Level or Stories One, Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 7507023022

Special Listing Condition Standard

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Listed by Matthews Real Estate Investment Services #01985584

NEARBY SCHOOL & BUSINESS

Marcie Sands

Marcie Sands

REALTOR® | CA DRE#01428288

+1(760) 644-1562

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1110 Barbara ST