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Southern California MultiFamily Property

By George Fotion

Real Estate Agent with Call Realty Company

August 13, 2014 03:51 PM

Southern California Residential Income Property Here in the Southern California Beach Cities of Redondo Beach, Torrance, Manhattan Beach and Hermosa Beach, as you might expect, the prices of residential income property is much higher than what you would find in more eastern sections of Southern Califorina You might think then that the capitalization rates for Beach Cities apartment buildings to be much lower than what would “pencil out”. I suppose the definition of “pencil out” for Southern California Residential Income Property varies from investor to investor. But I bet you would be surprised at how high they are and in relation to CD rates of under 2% which enjoy no tax write offs and no price appreciation, I can’t think of many better investments for the long run than Southern California Residential Income Property. Investors generally have three goals to prioritize

Tax Shelter
Price Appreciation
Income Production

In most cases, whether it’s Southern California Residential Income Property or Income Property anywhere, all three of these goals can rarely be maximized. This is true for Beach Cities apartment buildings. Being that they are coastal, price appreciation is a strong factor, but so is income production as the closer to the beach you get, the higher are the rents. So let’s take a look at the closed sales in the last year of Southern California Residential Income Property Southern California Residential Income Property from bestpalosverdeshomes on Vimeo.

You can go to this link to see the interactive chart

Then you can visit this interactive map to search for Southern California Residential Income Property now for sale If you would like to book an appointment with me either for a GoToMeeting session, in office consultation or just for a cup of coffee, you’re welcome to contact me here: Follow me on Google+