🏖️ Westview Apartments, a 41-unit gem in Redondo Beach, is up for grabs—first time in 50+ years! 🌟
✅ One of only two 40+ unit properties on the market in the past 15 years
✅54% NOI upside
✅ Prime Location offering renters an affordable alternative to high homeownership costs
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19 units priced to sell!
11.27 GRM, 5.72% Cap a prime location
26% NOI upside via straightforward renovation plan
Market 7.23% Cap & 9.4 GRM!
Plus potential 2car garage ADU conversion!
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#YoungLewin #BixbyPark #ApartmentCommunity #ValueAdd #1031exchange
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Young Lewin is proud to present the opportunity to acquire 434 E 3rd St. This allows for owner user, adaptive reuse, or development. With 18ft clear high ceilings located on a desirable corner lot with roll-up door access. Located in an opportunity zone & zoned PD-30
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