We are pleased to present this turnkey 5 unit apartment community located in the heart of Redondo Beach. This asset comprises an attractive unit mix of one 3-Bed/3-Bath, two 3-Bed/2-Bath & two 2-Bed/2-Bath. The entire property has been professionally designed, upgraded and permitted, including complete replacement of the roof, electrical, plumbing and sewer systems, installation of air conditioning in every common area and bedroom, addition of a 1,200 sqft ADU, new windows, kitchens, bathrooms, flooring, etc. The front unit (Unit A) is an incredible 3 bedroom, 3 bath townhome with a private, grassy front yard and back patio. Unit E has a private yard as well. Lease-Up produced fantastic and quick results with no remaining vacancies. These apartments lease FAST due to exquisite exterior and interior design and amenities like like AC and in-unit laundry in each apartment. Extremely walkable neighborhood, with restaurants, markets, breweries and local retail up-and-down surrounding blocks. NO LOCAL RENT CONTROL - subject to only AB 1482