*CALL FOR OFFERS - OFFERS ARE DUE BY THURDSAY (10/26) AT 5:00 PM*
CBC Advisors is proud to present this 11,774-square foot thirteen-unit building located at 112 Vista Del Mar in Redondo Beach, California. Set in a prime Hollywood Riviera location within walking distance to all of the boutique retail, entertainment and restaurants of South Catalina Avenue - including Tapas Y Vino, Yellow Vase, Coffee Cartel, Redondo Beach Brewing, Zazou, and Hennessey’s Tavern - these residences allow for easy access to otherwise difficult secluded beach and recreational destinations such as Torrance Beach, Malaga Cove, Miramar Park and the Redondo Beach Pier.
Situated on a lot totaling 21,474-square feet located just a short distance from the Pacific Ocean, the offering consists of thirteen units: one three-bedroom/two-bathroom unit, five two-bedroom/one-bathroom units, and seven one-bedroom/one-bathroom units. The property is situated one block from the Pacific Ocean which allows an investor to obtain yield growth through property enhancements. Additionally, all units are separately metered for gas and electricity.
The 112 Vista Del Mar apartment provides long-term investors with the opportunity to own an A Class Asset on a valuable piece of land in a prime Redondo Beach location. Additionally, a buyer may consider enhancing the current building to sell the property at a later date. 112 Vista Del Mar provides an investor with the once in a life-time opportunity to purchase a highly attractive property, with strong income, in an absolutely irreplaceable location.
