Available investment opportunity
2107 Pullman Lane
Redondo Beach, California · Seven-unit North Redondo Beach apartment community with large unit mix and substantial capital improvements.
7Units
$4.75MList price
4.96%Current cap rate
14.83Current GRM
Investment overview
Large-unit North Redondo asset with upgraded infrastructure.
A turnkey seven-unit apartment community with four three-bedroom/two-bath units and three two-bedroom/one-bath units in a walkable Redondo Beach location.
- Extra-large unit mix with substantial interior and exterior upgrades
- Reported improvements include plumbing, electrical, kitchens, bathrooms, windows, landscaping, and lighting
- Five units occupied by qualified long-term tenants with two units being marketed for lease
- No local rent control; subject to AB 1482
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Offering memorandum
2107 Pullman Lane
Detailed financials, rent roll, public highlights, and property overview.
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