Manhattan Beach Income Property - Update Nov 2014

 Manhattan Beach income units remain in high demand this month.  On average they are selling within the first few weeks if priced competitively.

• Available Units: 2 Apartments are listed for sale in Manhattan Beach priced from $2M to $7M
• Units in Escrow: 4 Units are in escrow ranging from $1.45M to $3.2M

October sales included 3 units from $1,090,000 to $2,500,000. Unit breakdown:

• Triplex sales – 2
• Fourplex sales - 1

On pricing, this month’s units sold an average of 2% within the asking prices. The average time on market was just over two weeks.

Would you like more information about income units in Manhattan 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 ToeringandTeam@gmail.com

  Manhattan Beach Units for Sale:

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: