SOUTH BAY DIGS | Digital Edition Online

September 6, 2024

DIGS is the premiere luxury real estate lifestyle magazine serving the most affluent neighborhoods in the South Bay and Westside of Los Angeles, California.

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A Future Ready for Low Rents and a Higher Quality of Life R e d o n d o B e a c h | BEACH CITY CAPITAL M A R K E T PHOTOGRAPHS COURTESY OF BEACH CITY CAPITAL A Vision Years in the Making - Why are Entitlements so Hard The entitlements for this 32 unit project were obtained after five years of meticulous planning and dedication by the Beach City Capital team. This isn't just another development; it's a passion project that combines the best of Redondo Beach's past with a forward-looking vision. The reintroduction of commercial spaces, protected by local historical designation, will breathe new life into the area, including a farm-to-table lunch restaurant and a cozy breakfast pantry, becoming new community favorites. We aim to be permit-ready by 2025, with a clear plan to renovate the derelict buildings, remediate the soil, and build the project. We estimate a time period of 12 months to obtain permits, 20 months for construction, a lease up period of 6 months, and an additional 24 months of holding the cash-flowing asset until ready for trade. This strategy allows for mitigating risk while maintaining the integrity and value of this beachside investment. This is a rare opportunity to be part of something truly special—a project that will not only generate significant financial returns for local investors but will also contribute to the growth and vitality of Redondo Bea ch, one project at a time. Join Us We are thrilled to be working with a team of exceptional partners, contractors, and investors who share our vision for this unique project. The hard work, persistence, and expertise of our team have brought us to this pivotal moment. If you are an accredited investor, this is your chance to invest in a once- in-a-lifetime project that offers both financial rewards and the satisfaction of contributing to the development of one of California's most desirable coastal communities. Don't miss out on the opportunity to be part of Redondo Beach's future—where the ocean meets opportunity. Contact Us Today! (310) 245-4419 jason@beachcitycapital.com www.Beachcitycapital.com Sponsored Spotlight

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