Description

This is such an awesome location for a totally remodeled Home plus triplex in Redondo Beach. Firstly you are located at the end of a quiet cul de sac, slightly more than a mile from the south end of the Beach on the Hermosa/Redondo border. Flagler Lane abuts the Cul de Sac, with abundant parking three doors from the building. On the east side of Flagler Lane is a regional park and a dog park. Vons is a block away! The 405 freeway is 10 minutes! This building was renovated several years ago and all the units received new kitchens, with granite countertops, gleaming stainless steel appliances, sleek laminate wood floors, new bathrooms, and washer and dryers, and new blinds. I’m thinking that this tract of homogenous building was built in the 60’s so that folks live in a spacious separate home and have income units to help offset the payments over time. The front house operates completely independently, because the garage and driveway are accessed off Amethyst, and the spacious front home has a private yard and a second story roof deck. There is a dual sided fireplace that services the entire living area, including the massive kitchen with so much storage, you will be awed. The baths are well appointed and the entire space has a luxurious feel. The front house was most recently rented for $5,295, so these make incredible trophy properties to hold in your estate that actually make sense. These make the best possible long term investments because of the numerous exit strategies, unlike larger income properties. The garages for the back units are located on the wide alley behind. Now most of the buildings in the neighborhood have been gentrified and this particular block is REALLY special. See the income property listing or the supplement for details on rents and expenses,