227 S Francisca Ave, Redondo Beach, CA 90277

About this triplex

A great investment opportunity! Just a short walk to the Redondo Beach Pier, this prime location triplex has incredible upside income potential. There are two 1 bedroom 1 bath units at the front of the property. Behind the duplex sits a free-standing 2 bedroom 1 bath home with a yard and garage along with laundry. Current tenants are month to month with rents below market. With pro-forma rents, you can get to a premium cap rate. This is also a great owner-user for those looking to live in South Redondo and have additional units to help pay rent.

Listing description from the May 2022 sale, as reported to CRMLS.

Sale history

$1,900,000

Sold May 2022 · listed $1,799,000, on market March 2022 · MLS #SB22059779 · Source: CRMLS

Listing Agent: Steven Mullins · Listing Office: Vista Sotheby’s International Realty · Contact: 310-349-3000 · Bought with: Muhammad Chaudhri · La Maison Realty

$1,900,000

Sold May 2022 · listed $1,799,000, on market March 2022 · MLS #SB22059403 · Source: CRMLS

Listing Agent: Steven Mullins · Listing Office: Vista Sotheby’s International Realty · Contact: 310-349-3000 · Bought with: Muhammad Chaudhri · La Maison Realty

Explore Redondo Beach