Turn-Key Income Property in Prime East Redondo Beach

Incredible investment opportunity in the sought-after El Nido neighborhood. This 3,200 sq ft property includes two brand-new construction homes (completed end of 2023) and a fully remodeled front house (renovated in 2023)—ideal for investors seeking strong rental income with minimal future maintenance. All units feature brand-new central heating and air systems.

The two newly built rear homes offer mirror layouts with spacious, loft-style open floor plans, modern kitchens, premium appliances, solar panels, and stylish finishes throughout. Each unit includes a luxurious primary suite with dual-sink vanities, walk-in closets, and elegant secondary bedrooms with private full baths.

The front home includes 2 bedrooms and 2 baths, fully renovated with wide-plank floors, new windows, and an airy, open-concept kitchen and living space. Western exposure brings in natural light, sea breezes, and striking sunset views. In-unit laundry and off-street parking complete the appeal.

Additional highlights:

Permit ready to pull for adding a second floor to the front unit for additional income

Near market rents with strong cap rate

Low-maintenance, high-quality construction

Brand-new central HVAC in all units

Walkable to shopping, restaurants, and the South Bay Galleria

Minutes from Redondo Beach and freeway access

Don’t miss this rare chance to own a beautifully built, high-performing asset in one of the South Bay’s most desirable neighborhoods.