205 S Lucia Ave, Redondo Beach, CA 90277

Property Description

This amazingly versatile multi-unit property in beautiful South Redondo Beach is an opportunity for both owner-users and investors! Live in one unit and rent out the other two, or rent out all three! Rents are well under market, so investors looking for upside potential will love the opportunity to remodel to increase their cash flow! Or build 2 units on this R-3 lot! The choice is yours! The separate front house has 3 bedrooms, 1.75 baths, its own front yard and patio and separate garage parking for 2 cars. The rear structure has a 2 bedroom, 1.75 bath apartment above the garage, a *bonus* studio downstairs with its own backyard and its own 2 car garage as well. The front house has all its own meters, while the back two units share utilities. Parking totals 4 garage spaces, enough room for at least 2 cars in front of garages, and a long driveway as well. Centrally located - only one block away from Parras Middle School to the north - shops, restaurants and public transportation on Torrance Blvd, and only minutes away from the Redondo Pier, waterfront and South Bay beaches. Great award-winning schools - Alta Vista Elementary, Parras Middle School and Redondo Union High School.