S W E E T D I G S | 2 4 2 0 G R A N T AV E
It's an unusual and highly desired advan-
tage in the multi-family market: dedicated
fresh-air areas for each unit. Three of the
units boast private yards, while the remain-
ing two share a thoughtfully designed
outdoor space featuring a BBQ area, a dog
run and a relaxed hangout spot. Specifi-
cally, the front two-bedroom unit enjoys a
gated, lush green lawn. There are a couple
of three-bedroom units; each with its own
exterior zone. On the property's upper level,
there are two-bedroom and one-bedroom
units that share an elegant courtyard;
perfect for dining and entertaining.
"The developer was intentional about
creating outdoor areas that give each unit
its own sense of space and privacy," says
Jensen. "Even the details, like a dedicated
dog run along the side of the property, were
designed with lifestyle in mind." This atten-
tion extends to parking, with each unit
having its own separate garage space—an
added convenience, he points out, "rarely
found in similar properties."
LOCATION MEETS LONG-TERM
VALUE
The Redondo Beach location puts tenants
within easy reach of beaches, shopping,
dining and the 405 freeway. But perhaps
most importantly for investors, the rental
rates have proven sustainable. "The rents
have been stabilized for a while," Jensen
points out. "They've been rented out multi-
ple times at their current prices, so there's
assurance related to monthly cash flow."
What sets this property apart in the
investment market is its turnkey status
combined with unique design features. "No
one really does open floor plans and ameni-
ties at this level," Jensen observes. "It's
definitely a rare investment property."
For investors seeking to expand their
portfolio with a stabilized asset requiring
minimal oversight, 2420 Grant Avenue
offers that elusive combination of steady
returns and sophisticated design. As Jensen
puts it, "You have peace of mind knowing
that you have a well-built building that gets
good rent in the area." In today's market,
that kind of certainty might be the most
valuable amenity of all.
"Fully renovated and hassle-free—sit
back and enjoy steady returns.."
P R O P E RT Y OV E RV I E W
Fully remodeled
5-unit multi-family property in North Redondo Beach
Listed at $3,875,000
Stable rental income of $19,250 / month
No renovations needed, no headaches—just steady returns.
U N I T M I X & R E N TA L I N C O M E
Two: 3 Bed + 2 Bath Units
Two: 2 Bed + 1 Bath Units
One: 1 Bed + 1 Bath Unit
GOI: $231,108
Call/text Devin Jensen @ 310.683.4477 for more information
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