5% Cap Rate on Current Income! Significant Capital Improvement Completed by Current Ownership. All unit interiors are renovated with granite countertops, refurbished oak cabinets, stainless steel Samsung appliances, vinyl plank flooring, recessed lighting and bedroom ceiling fans. All units include a full size Whirlpool washer/dryer attracting top of the line tenants. The buildings feature one three-bedroom townhouse unit and five spacious two-bedroom units. 13 Parking Spaces featuring Garage, Covered and Open Spaces. Attractive 1986 construction that includes ABS and copper plumbing throughout and has two separate structures that sit on a massive 10,012 sq ft lot. The property lies south of Redondo Beach Blvd and west of Vermont Ave with primarily single family homes surrounding the asset.
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