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Income Properties

As in many other communities in the South Bay, a large segment of the population in Redondo Beach, Redondo Beach, and Hermosa Beach are renters. These coastal paradises are popular vacation destinations, as well, with thousands of tourists constantly looking for lodging options in the area. All this makes income properties highly viable investments in the area.

Income properties are exactly what they sound like – they’re properties developed or purchased for the purpose of generating an income. Income on these properties can come from renting, leasing, or selling the property at a higher price than what you bought them for.

Income Properties in Redondo Beach, Redondo Beach, and Hermosa Beach

Here are some of the options available to income property investors in these coastal cities: