The beach cities remain the hottest market for income units in the South Bay. While the water frontage areas have had amazing jumps in value, we're still seeing some appreciation plays in North Redondo.
A fourplex on Curtis was listed this week for $1,625,000. This one not only has the appreciation potential we're continuing to see in Redondo, but the mix of 2 bedroom and 3 bedroom units are rented out under market so there is also upside in upgrading those to current rental rates. Would you like more information on this building or other income properties in the South Bay? Give Josh a call.
- Josh Toering, Agent at Charlemagne Intl Properties