Friday, August 26, 2016

Palos Verdes-- Residential Income Units

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Residential income properties are rare finds on the Palos Verdes Peninsula, but once in a while, one will come on the market. The largest concentration of multi-family income properties is the prestigious Malaga Cove neighborhood in Palos Verdes Estates along Via Campesina.  A few residential income properties are scattered throughout the Palos Verdes area.
It's not surprising there are currently no Palos Verdes income properties listed for sale on the MLS. Although when a Palos Verdes income property comes on the active real estate market, expect high interest and multiple offers.   :)
The good news is the neighboring cities of Redondo Beach and Torrance have a much larger supply of income properties for sale.   For more information on income property in any of the neighborhoods in the South Bay of Los Angeles contact