Condo Investment Properties in Redondo Beach, CA | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Redondo Beach, CA

Why Invest in Redondo Beach, California?

Investing in condos in Redondo Beach, CA offers a unique opportunity to tap into the thriving coastal real estate market. With an average rental yield of 5.5% and steady appreciation rates of 4% year-over-year, this area continues to attract both residents and investors alike. The demand for rental properties remains high due to its prime location, beautiful beaches, and a vibrant community that supports a flourishing local economy.

8%
Avg. ROI
5.5%
Rental Yield
6.2%
Cap Rate
$400/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price for condos in Redondo Beach is around $2,500 per month, which has seen an upward trend due to increasing demand.

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