Wednesday, November 12, 2014

Redondo Beach Income Property - Update Nov 2014

 Pier in Redondo Beach
Redondo Beach income units priced around the million dollar to two million dollar point are selling very quickly.  One of the Esplanade frontage units that had been on the market awhile also was snapped up and is in escrow.
  • Available Units: 5 Apartments are listed for sale in Redondo Beach priced from $945,000 to $5.5M
  • Units in Escrow: 7 Units are in escrow ranging from $999K to $3.5M
October sales included 2 units from $1,135,000 to $1,651,500. Unit breakdown:
  • Triplex sales – 2
  • Fourplex sales - 1
On pricing, this month’s units sold an average of 2% over the asking prices. The average time on market was just over two weeks.
Would you like more information about income units in Redondo Beach? Find out the current market value of apartments you own? Toering & Team has helped many investors with both buying and selling investment properties around the entire South Bay of Los Angeles. Let us know how we can help!
- Josh Toering (310) 525-9440 or email
Redondo Beach Units for Sale:

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