A building of this size and quality rarely comes available in the Redondo Beach market. The unit mix consists of two 2 Bed/1.75 Bath units and twelve 1 Bed/1 Bath units. Over the past 10 years, the units have been renovated to varying degrees as they have turned over. Renovations highlights include: new vinyl plank flooring, re-glazed counter-tops, fixtures, bathroom tile/vanities and two tone paint. Additional recent capital expenditures include: two new water heaters in the last 3 years (there is one for each building), complete replacement of all windows last year and new remote controlled garage doors replaced within the last 3 years. All units are spacious and well laid out. Each unit has its own garage parking spot and there is an onsite laundry room available for tenant’s convenience. Boasting a significant amount of rental upside and a very desirable rental market, 1901-1903 Carnegie is the perfect opportunity for any investor to add to their portfolio. Over 33% rental upside between current and market rents! Walk Score of 85 – Tenants can walk to parks, Starbucks, restaurants, the RB Library, shopping and more!
