Beach Cities of the South Bay Income Property Update-June 2014

The Pier in Redondo Beach CA.

May 2014 was a busy month for income property in the Beach Cities of Manhattan, Hermosa and Redondo. 10 Multifamily income properties sold during the month and 19 are in escrow with accepted offers. There are currently only 18 multifamily properties for sale in the Beach Cites.

Income Property breakdown by City for May 2014:

Manhattan Beach:

•  Active: 2 
•  Pending: 2 
•  Sold: 4   

Hermosa Beach:

•  Active: 11 (two are condos) 
•  Pending: 7 
•  Sold: 1   

Redondo Beach:

•  Active: 5
•  Pending: 7
•  Sold: 5  (Charlemagne Int'l Properties represented the buyer on one of the income properties sold in Redondo Beach.)

For more information regarding buying or selling income property in the Beach Cities of Manhattan, Hermosa and Redondo, contact Josh at 310.525.9440 or Norma at 310.493.8333.

Manhattan Beach income units for sale:

Hermosa Beach CA income units for sale:

Redondo Beach Units for Sale: