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1109 Barbara St Redondo Beach, CA 90277
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Key Details
Sold Price $2,950,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,610 sqft
Price per Sqft $639
MLS Listing ID 25620449
Bedrooms 9
Year Built 1965
Lot Size 7,589 Sqft
Property Sub-Type Multi-Family
Property Description
We are pleased to present 1109 Barbara Street, a four-unit apartment building located in the heart of Redondo Beach, CA. The property features a desirable unit mix consisting of (1) three-bed/two-bath two-story home (approx. 1,400 SF) and (3) two-bedroom/two-bath units (each over 1,000 SF). Three of the four units have been recently and tastefully upgraded, showcasing modern finishes and high-quality improvements. Tenants pay their own utilities, and the units are currently enrolled in a RUBS (Ratio Utility Billing System) program that reimburses the owner for water, sewer, trash, and other shared utility expenses. This offering presents an excellent opportunity for either an investor or owner-user to capitalize on strong rental demand and premium market rents in one of the South Bay's most coveted coastal communities with no local rent control and 14% rental upside potential on current rents. Residents enjoy the best of coastal living in a highly sought-after South Bay neighborhood, just minutes from world-class beaches, parks, restaurants. 1109 Barbara Street is available as an individual purchase or part of a larger portfolio that includes 1100 Barbara Street, 1102 Barbara Street, and 1110 Barbara Street. Please reach out to Seller's Agent for more information and the full marketing package.
Location
State CA
County Los Angeles
Area S. Redondo Beach South Of Torrance Blvd
Zoning RBRMD
Rooms
Other Rooms None
Kitchen Quartz Counters, Remodeled
Interior
Heating Electric
Cooling Electric
Flooring Vinyl Plank
Equipment Dishwasher, Refrigerator, Washer, Dryer, Garbage Disposal
Laundry Laundry Closet Stacked
Exterior
Parking Features Attached, Garage - 2 Car
Garage Spaces 6.0
Building
Story 2
Others
Special Listing Condition Standard
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Bought with Home Team Realty
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