Don't miss out on this incredible mixed-use investment opportunity in the heart of South Redondo Beach! This property features a front retail unit with excellent visibility on the major thoroughfare of Pacific Coast Highway, plus four spacious 2-bedroom, 1-bath apartment units in the back. Each apartment comes with its own laundry hook-ups and a 1-car garage with an electric door opener. Enjoy the added convenience of new EV car chargers in all garages and recently replaced roofs for peace of mind. The 2-bedroom house with a private patio is the perfect bonus for extra income or owner-occupancy. Located just 5 blocks from the Pacific Ocean and less than a mile from the vibrant Riviera Village and Redondo Beach Pier, this property offers both a prime location and huge potential. With NO LA City rent control, this is the perfect opportunity to maximize your investment in one of California's most desirable coastal communities!
Courtesy: Vista Sotheby’s International Realty
This 3 unit property is on a full 50X150 lot(BTV) and in a area of North Redondo Beach. It offers a wonderfull investment opportunity with its desirable location and versatile layout. The 3-unit property features a front house with 2 bedrooms and 1 bathroom, providing a single-family home feel with its own private driveway. The middle unit has 1 bedroom and 1 bathroom, while the back unit boasts 3 bedrooms and 2 bathrooms, featuring upgrades and a separate driveway. These two distinct driveways enhance privacy between units, making the front house feel like an independent home. The property's proximity to award-winning Redondo Beach schools, shopping centers (including the South Bay Galleria), grocery stores, dining options, freeways, parks (such as Perry Park), and recreational areas adds to its appeal. Whether you're looking for a stable rental income or long-term appreciation, the versatile layout and ideal location offer excellent potential for various rental strategies. With its prime location, this property is perfect for investors seeking both convenience and long-term growth in one of the most desirable beach cities. Don’t miss this opportunity to secure a piece of Redondo Beach real estate! Buyer and buyer's agent to verify all information.
Located just moments from the Hermosa Beach Pier, King Harbor, and Redondo Beach Pier, this exceptional property features two homes on a large 7,507-square-foot lot in the highly sought-after North Redondo neighborhood. The front 2-bedroom, 1-bathroom house and rear 3-bedroom, 1-bathroom house each come with washer/dryer hookups and offer a fantastic opportunity for both owner-users and investors. With no local rent control and qualifying for residential financing, this property can be delivered 100% vacant, making it ideal for immediate occupancy.
This versatile 4-unit property offers an incredible opportunity for both owner-users and investors. The front unit, a spacious 3-bedroom residence, making it perfect for immediate occupancy or market-rate rental potential. The remaining three units are generously sized 1-bedroom apartments, each with a single-car garage for added convenience. The property features additional parking and storage, along with a rear area that offers potential for an ADU, enhancing its long-term value and rental potential. Situated just blocks from Hermosa Beach and centrally located to everything Redondo Beach has to offer, this property provides a coveted coastal lifestyle. With significant rental upside and a location that combines convenience and charm, this is a rare find in one of the most desirable beachside communities. Don't miss this opportunity to invest in a prime location with endless possibilities!
Massive $$$ Invested: Brand new roof, new windows, new balcony and roof deck floors, exterior paint, exterior fixtures, 3 of 4 units renovated. All 4 units have rooftop decks.
Great investment opportunity in the South Bay! Located in North Redondo, 10 mintues from the beach, walking distance to award winning schools, shopping and the beach life. Live in the main house and rent out the detached four, two bedroom one bath units.
Excellent Location in No. Redondo Beach. 8 units. and 8 garage spaces. What an opportunity ! 4 units are 2 bedroom and 1 bath and 4 units are 1 bedroom 1 bath. Almost 6000 SF building, All units are large SF. Bonus Extra-large lot 9911 SF !. 1 bedroom rents for about $2000 per month and 2 bedroom rents for about $2400 per month. Currents rental income for 8 units total $17,538 per month or $210,456 yearly rent. Property listed for only 14.96 GRM & about 5 CAP !! Building has a common laundry room. Current owner has recently done many upgrades, such as, New asphalt driveway, New double pane security windows in all units-35 total windows, 5 New garage doors, New exterior paint, New drain lines under the building, new copper water supply lines under the building Etc. Units have been remodeled as they become vacant. Low maintenance Building. Close to Artesia Blvd. with all services, grocery store & Restaurants. Please do not talk to the tenants or disturb tenants. Submit offers 'Subject to interior inspection'. This is an excellent opportunity with great rental location, Large Lot & Building Square Footage, good income, low expenses, low maintenance and great tenants. An ideal scenario for the landlord/owner to purchase and manage.
Pride of ownership triplex with oversized units in an excellent location of North Redondo Beach! Located only down the street from South Bay Galleria, this property is being offered with an 18% upside in rents to a market GRM of 15.92 and a market cap rate of 3.6%. The two garages provide ample parking or an ADU opportunity for a savvy investor. Additionally, the R-3 zoning provides the option for additional development opportunities. This low maintenance building was freshly painted this year, plus had some plumbing upgrades and a new water heater installed. The central location combined with the potential upsides make this an exceptional generational asset!
Prime South Redondo Beach Location just blocks from the Redondo Beach Pier and Harbor. This 7,534 sq ft property sits West of Pacific Coast Highway offering 4 - 1 bedroom 1 bathroom units in the front building and 2 - 1 bedroom 1 bathroom free standing cottages. There is tremendous upside potential with rent increases to market rents as well as potential for an ADU. The property also offers 4 single car garages. Owner has completed upgrades including a new roof installation which is in process. Current CAP rate of 3.4% with $157,740 Gross annual income. Huge upside with Pro forma income of $200,520 would bring the CAP rate to 4.7%. Great opportunity to own a prime location building with huge future upside.
Courtesy: Re/Max Estate Properties
First time on the market in over 28 years! This is an excellent opportunity for a yield-focused investor to acquire a well-located, upgraded 4-unit asset in North Redondo Beach. Large corner lot. The property boasts a spacious 3 Bed / 3 Bath owners’ unit, (1) 2 Bed / 3 Bath unit, (1) 2 Bed / 1 Bath unit, and (1) 1 Bed / 1 Bath unit. Constructed in 1971, the property consists of 4,680 SF of living space, situated on a 7,511 SF lot. All units are separately metered for electricity and gas. Ample parking with six garages. Significant rental upside on the three month-month tenant occupied units. Rent roll / pro-forma in supplement. Expenses are not actual (estimated). Do not disturb tenants.
Welcome to 2600 Mathews Avenue, a remodeled 7-unit property in the heart of Redondo Beach. This stunning renovated building offers a mix of modern and stylish living spaces, featuring one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, one 2-bedroom +den/1-bath unit and three 1-bedroom/1-bath units. Each unit boasts contemporary kitchens equipped with white "slow-close" shaker cabinets, sleek quartz countertops, designer tiled backsplashes, and stainless-steel appliances. The bathrooms are equally impressive, featuring new modern-themed vanities, designer tiled shower enclosures, lighted mirrors, and other high-end finishes. New hardwood luxury vinyl flooring spans throughout each unit, enhancing the clean and sophisticated feel. Additionally, all units have been updated with new windows, doors, and exterior lighting, ensuring energy efficiency and security. Each unit has interior laundry. Residents will appreciate the ample onsite shared garage parking with brand-new electric doors, as well as the outdoor patio area beautifully framed by lush planter boxes. Each unit is individually metered for gas and electricity, providing convenience and autonomy. Don't miss the chance to own this exquisite turnkey property in one of Redondo Beach's most desirable neighborhoods. WWW.2600MATHEWS.COM
Discover this well-maintained 8-unit property located in North Redondo. Situated on a spacious 7,504 SF lot, this property offers a total of 5,090 SF of living space, with a mix of (2) 2-bed/1-bath units and (6) 1-bed/1-bath units. Priced at an attractive $343,750 per unit, the property boasts a strong income with a 4.45% CAP rate and a 14.56 GRM on current rents. It also has very strong upside potential with 25% rental upside and a market cap of 5.94%. Altogether, this is an excellent investment opportunity in a desirable, beach city location, perfect for those looking to capitalize on the steady rental market in this sought-after area w/ long term appreciation potential.
HUGE PRICE REDUCTION! Luca is proud to present this rare opportunity to purchase 10 Units delivered 80% Vacant just 4 properties away from the Ocean. Located in the Heart of Hollywood Riviera, the property is perfectly situated just footsteps from both the sand and Riviera Village filled with high-end restaurants, nightlife, shopping, and many more amenities. The subject property consists of (6) 1-bedroom/1-Bathroom Units and (4) 2-Bedroom/2-Bathroom Units. The subject property is a blank canvas as 8 out of 10 Units are currently vacant, offering an investor the ability to begin their remodeling workday 1. The property offers subterranean gated parking. Seller has in-place plans, renderings, and other information for a remodel, which can be provided to perspective buyers. This is an A-Class Trophy location and is NOT subject to LA Rent Control and instead falls under AB-1482.
Courtesy: Beach City Brokers
2220 Huntington Ave in Redondo Beach, CA, presents an exceptional investment opportunity for potential buyers. This four-unit property boasts an impressive 4,917 square feet of living space, ensuring ample room in each unit. The first unit consists of three bedrooms and two bathrooms. The other three remaining units have a two bedroom and two bathroom floor plan. This property is a true gem in the South Bay area, known for its desirable coastal living and vibrant community. Its prime location in Redondo Beach ensures easy access to local amenities, schools, parks, and the beach, making it an attractive option for tenants and a high-demand rental market. Investors will find this property to be a sound addition to their portfolio, with its blend of modern upgrades, prime location, and ample living space. Don't miss out on this rare opportunity to own a premier multi-unit property in one of the most sought-after areas of the South Bay. Please do not disturb the tenants. For more information and showings, contact the agent.
11 units. Trophy property in an amazing South Redondo Beach location 4 short blocks from the sand and close proximity to high end residential and commercial areas. First time available in 20 years. 2 office/retail spaces on PCH with great frontage and signage. All 9 residential units of PCH behind office commercial spaces. Office space currently used as an insurance office and pilates studio and approximately 600-800 sq ft each. Residential units are large and recently upgraded including new a/c and heaters in the residential and commercial units. 5 enclosed garages with newer garage doors and an additional 14 on-site parking spaces and a laundry room. Turnkey and rents recently increased.
This beautifully refreshed four-unit property is an attractive option for both cash-flow investors and owner users. Front owners Unit A: 3 bedrooms, 2.5 bathrooms, two-story with double garage. Rear Building: (1) - 2 bedroom/2 bath, (1) - 2 bedroom/1.75 bath, (1) - 1 bedroom/1 bath, with three single garages. **Upgrades have been completed for an admitted California insurance carrier policy! New electrical sub-panels in all units, new water heater safety upgrades, freshly paint, new vinyl fencing, new garage doors and motors, new artificial turf, new rebuilt balcony walkway and roofing upgrades. Significant rental upside potential due to month-to-month leases and desirable location. Conveniently located minutes from King Harbor, restaurants, entertainment, shopping, seafood markets, whale watching, etc. One block from Redondo Village Center with a Von’s market, hospitality and retail. This property is an excellent opportunity for an investor or for an owner seeking a residence with additional rental units to offset costs. Its proximity to local attractions and amenities enhances its appeal and potential for future value appreciation.
Discover 18508 and 18510 Mansel, a duplex nestled in a highly walkable and bikeable neighborhood, with excellent transportation options nearby making it a desirable place to call home. Each unit boasts its original charm, offering a unique opportunity for customization to your personal taste. They both feature 2 spacious bedrooms and 1 bathroom, providing comfortable living spaces. Enjoy the convenience of a shared 2-car garage and ample driveway parking as well as a shared backyard area, perfect for outdoor activities or relaxation. Ideally situated in a vibrant community, this property is within easy reach of local shops, restaurants, and parks, including El Nido Park & RC Track, a 4.8 acre park that has softball and basketball facilities plus a playground and a meeting room. This duplex presents a fantastic investment opportunity with potential for rental income or multi-generational living. Don't miss out on this rare find in an unbeatable location.
Discover 2214 Grant Ave, an exceptional four-unit income property in the heart of Redondo Beach. Unit #1 is a unique, front-facing townhouse with 4 bedrooms, 2.5 baths, a balcony, and a private yard. Complementing this are two 2-bedroom, 1.5-bath units, each with private yard space, and a charming 1-bedroom, 1-bath unit with an outdoor deck. Each unit comes with private laundry and access to one of four separate garages. Ideally situated near vibrant restaurants, shops and within the esteemed Redondo Beach Unified School District. This property is ideal for both owner-users and investors seeking reliable cash flow.
Great potential for this 9-unit property located at 1311 Amethyst St. This prime income producing property is located just East of the Redondo Beach Harbor. Walking distance to shops & restaurants. All electric with separate meters, common on-site laundry & 9 car parking. Possible ADU opportunity. Buyer to cooperate with Seller's 1031.
Fully renovated 5 units back in 2019. Front house plus 4-unit apartment building and the the garage in the back. Total 5 units. All 2bed-1bath. 2-car parking in front for the front house and 1-car garage each for 4 units. The garage in the back is a 1-story and ADU potential for value-up. Buyer & buyer`s agent to verify.
BACK ON THE MARKET. We are pleased to present the fourplex located at 1302 Amethyst St., Redondo Beach. This prime income producing property is located just east of the Redondo Beach harbor. Walking distance to shops and restaurants. This unit mix consists of (1) - 4 bedroom/2 bath unit, (2) - 2 bedroom/ 1.5 bath and (1) 1 bedroom/1 bath units. Separately metered electricity and a common onsite laundry room. 4- one car garages. Possible ADU development to add more units. Don't miss out on the opportunity to acquire an amazing value-add investment property. Seller also has available 1316 Amethyst & 1312 Amethyst - both are also 4 units each.
Redondo Beach is located in California. Redondo Beach, California has a population of 70,998. Redondo Beach is more family-centric than the surrounding county with 40.67% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Redondo Beach, California is $123,874. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Redondo Beach is 39.8 years.
The average high temperature in July is 75.6 degrees, with an average low temperature in January of 48.5 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.
