Proud to present a 4-unit apartment building located at 2005 Pullman Lane Redondo Beach Ca 90278. Property is located less than 1.5 mile away from the beach and is near award-winning Redondo Beach schools. Being a 4-Unit property, an investor can attain residential financing at ultra-low-rates. A buyer can capitalize on the tight rental market and rents in this neighborhood are very strong.
The building boasts a total 5,370 sf of living area on a large 7,500 sf lot. The property consists of four townhouse style units made up of (1) four bedroom/two-and-a-half-bathroom owners’ unit & (2) two-bed/one-and-a-half-bath with rear yards and (1) one-bed/one bath.
The parking consists of 6 enclosed garages and 2 carports for a total 8 car parking. Current GSI is $143,640 per year (BTV).
This property is ideal for an investor who wants a passive income property with low money down or someone looking to owner-occupy a multi-unit income property in Los Angeles’ premiere Beach City location.