








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Redondo Beach at 1903 Morgan Ln #B, Redondo Beach, CA, 90278 earns from $5,107/mo rent with a $7,831/mo payment. Total monthly income totals $5,107/mo. ROI tracks 9.28% on current figures, and rental yield reads 3.83% at a $1,600,000 purchase. Equity gained on principal adds $10,325/yr, and 5% annual appreciation supports $442,051 over five years. Five-year ROI reaches 45.75% and total cumulative return in cash sums $237,147. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,107/mo property income instead of your personal income.
Townhouse
Built in 1999
7,499 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 90278, Redondo Beach, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,981 (100%) |
| Owner Occupied HU | 9,444 (55.6%) |
| Renter Occupied HU | 6,957 (41.0%) |
| Vacant Housing Units | 580 ( 3.4%) |
| Median Home Value | $1,224,834 |
| Average Home Value | $1,265,967 |
Residential
16,782
Single Family
10,482
Multi-Family
6,300
Businesses
999
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Rick Wilkinson • Redfin Corporation
Mls Name: CRMLS
Mls ID: #SB25218371