Incredibly unique investment opportunity in North Redondo. This one-of-a-kind duplex is performing at a 4.5% CAP rate, and is a perfect chance for a buyer to occupy one unit, and generate a big chunk of income to help with the mortgage. Owners have spent close to 400k updating both units to their impeccable tastes over the past 5 years. The front unit, a 2 bedroom 1 bath, is tricked out with designer finishes, and probably belongs in Dwell Magazine. This unit features an extremely open floorplan, with custom milled reclaimed oak floors, farmhouse sink, quartz countertops, stainless steel appliances, and zoned AC and heat. This is far from apartment living, having it’s own enclosed yard, with lush landscaping and garden string lights, creating a private outdoor sanctuary. The rear unit, has all of the creature comforts of modern day living. Most comparable with new construction, this townhome offers 4 bedrooms, and 3 baths, with vaulted ceilings and a bright, open floorplan. Also features quartz countertops, farmhouse sink, stainless steel appliances, and central heat & AC. This unit has two ground-level bedrooms, along with a bathroom with shower. Perfect to create a guest suite, or office, or both. Upstairs you will find two additional bedrooms, both with huge (multiple) closets, and even a bay window in the master, and a private balcony off of the secondary bedroom. Backyard with Trex deck, landscaping with turf and planters, and massive storage space underneath the house.
