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South Bay Residential Income Properties Report

Income Property Listings, residential income properties

South Bay Residential Income Properties Report

By Norma Toering| 2017-06-01T08:16:57-07:00 June 1st, 2017|Income Property Listings, residential income properties|

Prime residential income properties remain a desirable asset in investors' real estate portfolios. If some of the tax changes proposed by the new administration come to fruition, income properties will likely benefit. The South Bay of Los Angeles is a hotspot for residential income property buyers. The coastal/beach location ensures there will always be a ready supply of renters to fill vacancies. Rents are high in the coastal region, and only a few of the cities are affected by rent control rules and regulations. Let's look at the current supply of residential income properties for sale in a few of the South Bay of Los Angeles cities: Manhattan Beach: Seven residential income properties are currently for sale. The properties range in price from $2.3MM for a two-unit building to $8.44MM for three units on The Strand. Hermosa Beach: Nine residential income properties are listed for sale. The properties [...]

December Opportunities in Real Estate

By Norma Toering| 2017-12-09T09:04:17-08:00 December 17th, 2016|Charlemagne Int'l Properties, Income Property Listings|

December is always a busy real estate month for me. I receive the typical end of the year flurry of calls from buyers who are searching for an income property to add to their real estate portfolio or even a new primary residence. Whether they had their pre-tax appointment with their accountant or decided it was time to upsize or downsize, the end month of December is decision time for many buyers. Although the holidays are often referred to as "the most beautiful time of the year" they can also be the busiest time of the year for sellers, buyers, and their agents. Sellers who are anxious to receive an offer may make a price reduction, and buyers who have a few extra days off work may be eager to tour houses for sale. If your home is for sale, make sure it is available to show during the holidays. [...]

Residential Income Property–West Wilmington Duplex

By Norma Toering| 2016-07-21T08:22:35-07:00 July 21st, 2016|Charlemagne Int'l Properties, residential income properties|

If you're thinking about purchasing a home, but would like a little help with the mortgage payment, perhaps you should consider buying residential income property. This West Wilmington duplex will not only serve as your primary residence (and reap all the benefits of home ownership), but it will also provide you with additional income to the tune of $950 per month. Currently, one unit is vacant and waiting for an owner-occupant to take advantage of the recent price reduction. Each unit has one bedroom and one bath. Both units have interior laundry hookups and one space in the garage. The occupied unit was remodeled with new kitchen cabinets, granite counters, and stainless steel appliances. The vacant unit has stainless steel appliances and new carpet in the bedroom. The units have an abundance of natural light, wood floors in the living area and a shared yard. The new price adjustment makes this residential [...]