By Far the most desirable 5 unit to come to market in Redondo Beach. Four of the 5 units in this property are Townhome-style units with the Living Rooms and Kitchens on the ground floor and the bedrooms upstairs with In-Unit Washer/Dryer. Townhome units always achieve significantly higher rents and offer a true home feel for tenants.

Besides being located in one of the best neighborhoods of Redondo Beach with Blue Ribbon Schools, the property is being offered at an above- market Cap Rate of 4.88% while still having 40% rental upside. A real value-add investor can further increase the income by building 2 ADU's in the rear on top of the garages without sacrificing any parking.