Matthews™ is pleased to present 1102 Barbara Street, a four-unit apartment building located in the heart of Redondo Beach, CA. The property features a desirable unit mix consisting of (1) three-bed/two-bath two-story home (approx. 1,400 SF) and (3) two-bedroom/two-bath units (each over 1,000 SF). Three of the four units have been recently and tastefully upgraded, showcasing modern finishes and high-quality improvements. Tenants pay their own utilities, and the units are currently enrolled in a RUBS (Ratio Utility Billing System) program that reimburses the owner for water, sewer, trash, and other shared utility expenses. One (1) two-bed/two-bath unit to be delivered vacant.

This offering presents an excellent opportunity for either an investor or owner-user to capitalize on strong rental demand and premium market rents in one of the South Bay’s most coveted coastal communities with no local rent control and 12% rental upside potential on current rents. Residents enjoy the best of coastal living in a highly sought-after South Bay neighborhood, just minutes from world-class beaches, parks, restaurants.

1102 Barbara Street is available as an individual purchase or part of a larger portfolio that includes 1100 Barbara Street, 1109 Barbara Street, and 1110 Barbara Street.

PROXIMITY TO

• REDONDO BEACH PIER – 1.3 MI
• RIVIERA VILLAGE – 1.6 MI
• DEL AMO FASHION CENTER – 1.7 MI
• HOPKINS WILDERNESS PARK – 0.3 MI
• ALTA VISTA PARK – 0.6 MI
• ALTA VISTA ELEMENTARY SCHOOL – 0.3 MI
• PARRAS MIDDLE SCHOOL – 1.0 MI
• REDONDO UNION HIGH SCHOOL – 1.7 MI

AMENITIES

• CALACATTA-QUARTZ COUNTERTOPS
• DESIGNER FIXTURES
• IN-UNIT WASHER/DRYER
• HIGH GLOSS, TWO-TONE CUSTOM CABINETRY
• FRIGIDAIRE STAINLESS STEEL APPLIANCES
• PARKING WITH STORAGE
• PATIO/BALCONY IN SELECT UNITS