Rare North Redondo Beach four-unit building delivered 100% vacant at close of escrow, so a buyer can lease every unit at today's market rents from day one. The 4,285 SF building sits on a 7,492 SF lot and offers two 2bd/1.5ba townhouse-style units, a 2bd/1.5ba unit, and a 3bd/2ba unit with washer/dryer hookups (a large 2+den, with the den sized for use as a third bedroom). Every unit has private outdoor space: a patio at Unit A, a patio plus rooftop deck at Unit B, an extra-large patio at Unit C, and a large rooftop deck at Unit D. Six single-car garages. Projected market rents of $13,600/month ($163,200/year) support a 5.12% cap rate and 13.79 GRM at the list price. No local rent control. Minutes to Manhattan Beach, Hermosa Beach, the beach and the South Bay Galleria, within the Redondo Beach Unified School District. Sold as-is.
2609 Gates Avenue offers investors a rare opportunity to acquire a seven-unit North Redondo Beach property with five units delivered vacant. This vacancy profile enables a buyer to immediately implement a comprehensive renovation and leasing strategy. Additionally, the property may offer the opportunity to add a single accessory dwelling unit by converting the existing garage space. The approximately 6,499-square-foot, two-story garden-style property is situated on a 7,504-square-foot lot and offers an attractive mix of (4) two-bedroom / one-and-one-half-bath residences and (3) three-bedroom / one-and-three-quarter-bath residences. With average unit sizes of approximately 928 square feet, the property provides residents with the larger floor plans and functional layouts increasingly sought after in the South Bay rental market.
Great investment opportunity. 5400 square feet of living space. Front unit is two levels approximately 1800 square feet, 3 bedrooms plus den, 2 ½ baths. Laundry hookups in unit. Private patio and 2 balconies. Also has updated sliding doors. Other three units are all approximately 1200 square feet, 2 bedrooms and 2 baths each with master ensuite. All 2 bedroom units have been undated with vinyl plank flooring, windows and sliding doors. Unit 2 has updated kitchen and bath counters and cabinets. Front unit has a private 2 car garage, there are 4 additional single car garages. Laundry room with leased equipment from Wash Laundry Co.
Rare offering at 103 Paseo De La Playa — a trophy 7-unit midcentury modern apartment building in one of Redondo Beach's most coveted locations, just one block from the sand and Miramar Park. This meticulously maintained property blends timeless architectural character with pride-of-ownership upkeep throughout, offering a turnkey investment or owner-user opportunity in a location that simply cannot be replicated. Steps from the beach with ocean views, and just a short stroll to the shops, restaurants, and vibrant energy of Riviera Village, this address delivers the quintessential South Bay lifestyle. The building features an attractive mix of units including spacious front-facing 2 bedroom, 2 bath residences — perfect for an owner-occupant or extended family — along with the convenience of an on-site garage and shared laundry facility, both strong value-add amenities for tenants and ownership alike. Recent capital improvements include all-new main and subpanel electrical, giving new ownership peace of mind and one less item on the capital improvement list. Well managed and consistently cared for, this is a rare chance to own a piece of Redondo Beach's coastline in a midcentury gem that has stood the test of time — offering both immediate income and outstanding long-term upside in an irreplaceable beachside location. Onsite laundry and one of the 2 bedrooms has laundry inside unit. All downstairs units have a separate or shared patio.
Marcus & Millichap is pleased to present the opportunity to acquire a turnkey fourplex in Redondo Beach, a coastal South Bay submarket with consistent rental demand and convenient access to beaches, retail, dining, and major freeways. The property has been extensively remodeled and offers a strong unit mix consisting of one four-bedroom/three-bathroom unit, two two-bedroom/two-bathroom units, and one two-bedroom/one-bathroom unit. Current rents provide approximately nine percent rental upside, offering investors an opportunity to increase income through future lease turnover. 2118 Carnegie Lane features completely remodeled interiors with vinyl plank flooring, quartz countertops, stainless steel appliances, updated cabinetry, modern fixtures, and stacking laundry units. The property also boasts rooftop decks, garages with EV charging capability, storage, security features, a new roof, repaved driveway, and more. This offering presents an opportunity to acquire a pride-of-ownership asset in a highly desirable coastal rental market.
Own a piece of the the Hollywood Riviera with this beautiful, well maintained income property. Rare opportunity. Three of the apartments have been re modeled and one is being done now. Located in the highly sought after and vibrant community of Hollywood Riviera, it has a Redondo Beach mailing address and is actually in the city of Torrance. 8 units consist of two 1BR/1BA and six 2BR/2BA. Present CAP is .04%, proforma is .045%. This building is an easy walk to the Hollywood Riviera Village and the beach. Miles of surfing beaches; walking, biking, jogging paths and gorgeous California coastline. Redondo Beach Pier and Marina is a short distance. Located among $million+ homes and condos, fine dining, retail and entertainment. In the Torrance school system, there are several schools nearby. Easy access to 405 & 110 Fwy, LAX and LA Harbor. 11 subterranean parking spaces in the garage with extra storage for each unit, supply storage, a laundry room and a stairway to the courtyard entry. PLEASE DO NOT GO ON THE PROPERTY OR DISTURB OCCUPANTS. These notices are the rules of entry per CA regulations: https://tinyurl.com/VistaSIRRulesofEntry
Prime Hollywood Riviera Location: 6-unit apartment located just two blocks from Torrance Beach, the Pacific Ocean, and within a few blocks of Riviera Village. Recent Capital Improvements: All new electrical panels and wiring (2025), updated plumbing drains (2024), and recent exterior and landscaping improvements. Outstanding Unit Mix: Comprised of (2) 2-bedroom/2-bathroom units, (2) 2-bedroom/1-bathroom units, and (2) 1-bedroom/1-bathroom units, with one of the 2-bedroom units delivered vacant. Desirable Property Amenities: Individual hot water heaters for each unit, six carport parking spaces, and a spacious, landscaped common area front yard. Large 8,747-SF Lot: Expansive parcel offering desirable ADU potential (Buyer to Verify). Strong Value-Add Opportunity: Rents are approximately 40% below market, equating to a 5.26% pro-forma cap rate and 13.67 pro-forma GRM, making this an ideal owner-user or long-term investment opportunity with no local rent control (AB 1482 only).
Welcome to 2409 Inglewood Ave. It is truly a pride of ownership opportunity. The owners have owned the building for almost 25 years with the intention of keeping it forever. Every unit is three large bedrooms and two bathrooms. All units have 100% tiled floors, including bedrooms that are Italian tile resembling wood flooring as seen in photographs. Nearly every kitchen and bathroom counter is granite. In addition to the living space, there is a large laundry room with a central hot water heater with two parking spaces per unit with lockable storage. Plumbing repairs have been done using industrial grade heavy copper K pipe. A new roof was installed three years with Windsor Wood facia should last for decades. The deck has been maintained and was recently redone less than six months ago. The building has had routine preventative termite tenting treatments, last done 6 years ago. Note: Based on exterior measurements of two separate appraisals, the building/livable area is approximately 4,512 sqft. Accessor records reflect approximately 4,092 sqft. Buyer to independently verify all square footage.
Just one block from Pacific Coast Hwy, this charming duplex offers an exceptional investment or owner-occupant opportunity in the highly desirable South Redondo Beach community. The property features two separate buildings, each with two bedrooms and one bathroom providing privacy and flexibility. The front unit boasts of custom updates, while the back unit offers the opportunity to add your own touches. Enjoy the west facing front deck on the front house along with the convenience of a detached two-car garage. Ideally situated close to shopping, dining and the beach, this property combines coastal living with everyday convenience.
We are pleased to present 1710 Esplanade, a rare opportunity to acquire a stabilized beachfront income property featuring seller financing at 3.50% interest-only with 50% down—a financing structure well below today's conventional multifamily rates that offers investors meaningful cash flow savings and enhanced leveraged returns. Comprising eight panoramic ocean-view units across two levels, the property benefits from historically strong rental demand, affluent tenant demographics, and immediate proximity to the South Bay's premier lifestyle and employment hubs. The interiors feature exposed-beam ceilings, custom cabinetry, stone countertops, and stainless steel appliances. Capital improvements include advanced sub-floor soundproofing, dual-pane windows, upgraded security access gates, communal courtyard with a commercial-grade BBQ, and dedicated garages. Positioned just steps from the beach and an easy walk to the dining, shopping, and entertainment of the Riviera Village. 1710 Esplanade offers a rare combination of irreplaceable beachfront real estate, stable income, and below-market seller financing that is seldom available in today's investment market. Flanked by Manhattan Beach and Hermosa Beach to the north and the Palos Verdes Peninsula to the south. The South Bay coastal lifestyle needs little introduction: nearly 300 days of sunshine annually, The Strand connecting three of LA’s most coveted beach communities, and a walkability and outdoor culture that tenants actively seek and rarely leave. The Beach Communities multifamily submarket reflects this demand, commanding average asking rents more than 15% above the Greater Los Angeles metro average, sustained by one of the most supply-constrained development pipelines in the region.
West of Pacific Coast Hwy and just 2 blocks from the beach this property is filled with opportunity. This versatile property offer endless potential, may it be owner-occupied, strictly rental income, or development possibilities. Tax records reflect a 2 bedroom, 1 bathroom house with 1,008 sq feet but the property holds an additional 3 non-conforming units consisting of a studio and 2 units that are 1 bedroom and 1 bathroom. The detached bungalow style units have no adjoining walls and a shared laundry on site. All units have been partially updated.
Welcome to 1302 Amethyst Street, a beautifully reimagined four-unit property tucked on a quiet cul-de-sac in the heart of South Redondo Beach. This is a rare turnkey offering just minutes from the sand, the Redondo Beach Pier, and the best dining the South Bay has to offer. Vons is a block away, top-rated schools are within walking distance, and the 405 and LAX are both an easy drive. The building has been fully renovated and upgraded from top to bottom, delivering a premium, modern living experience across all four residences. Every unit showcases designer interior finishes including luxury vinyl plank flooring, custom soft-close cabinetry, and waterfall-edge quartz countertops. The kitchens are chef-inspired with brand-new energy-efficient stainless steel appliances and designer range hoods, while the bathrooms feature modern tiled tub and shower enclosures, new fixtures, and built-in linen storage. Every unit includes in-unit laundry, smart home features like Nest cameras and keyless entry, custom window coverings, and upgraded electrical, with added built-in storage throughout. The unit mix is ideal: one spacious 4-bed/2-bath townhome-style residence, two 2-bed/2-bath units, and one 1-bed/1-bath unit. The four-bedroom home lives like a private residence, with direct access to a two-car garage plus storage, a private enclosed patio, and a fireplace. Three additional private one-car garages serve the remaining units, and every residence enjoys top-floor placement for added privacy and natural light. Originally built in 1963 and fully reimagined in 2026, this is a true trophy asset with no local rent control and strong near-term income upside. Properties like this, in one of Southern California's most coveted coastal neighborhoods, make some of the best long-term holds available. See the offering memorandum for full details on rents and expenses.
This is a rare opportunity to acquire a six-unit apartment building in the desirable North Redondo Beach rental market. Situated on a 7,500 square foot lot, this 4,957 square foot multi-family property offers a desirable mix of units, strong emplaced income, and significant long term upside. The property features an onsite laundry facility, enclosed garage parking, and a history of strong tenant demand. Located just minutes to the beach, major employment centers, shopping, dining, and award winning schools. Investors will appreciate the combination of current cash flow, rental growth potential, and the stability of an established multi-family asset.
Cool down in this beautifully remodeded 3-bedroom/2 bath opportunity. The subject property is two detached homes on one lot! We are pleased to present a rare two-on-a-lot opportunity in one of the South Bay's most desirable residential pockets. Two detached structures, each with its own private courtyard and garage, offer a level of separation and privacy that a home buyer dreams of at a rare price point. The vacant front home - a beautifully remodeled 3-bedroom, 2-bath - is move-in ready for an owner/user or can be delivered at market rent from day one. The rear 2-bedroom, 1-bath unit provides immediate income to offset your mortgage costs for a young family. The lot also accommodates an ADU, creating a clear path to a third income stream and meaningful upside on long-term asset value. Another huge perk, this home is located directly across the street from the very large and quiet El Nido Park. With a playground for young kids, tons of grass, and a baseball field. Your home comes with the biggest yard a kid can dream of. The park also offers endless parking for your guests for hosting bbq's and parties. Whether you're looking to live in one unit and offset your mortgage, house two generations under one roof, or add a stabilized asset to your portfolio - this property delivers on all fronts.
We are pleased to present 622 South Pacific Coast Highway, a rare triplex investment opportunity located in the heart of South Redondo Beach. This pride-of-ownership asset offers investors the unique combination of stable current income and substantial future upside through the potential addition of up to three Accessory Dwelling Units (ADUs) (Buyer to verify). Ideally positioned just moments from the vibrant Riviera Village, tenants enjoy convenient access to an abundance of restaurants, boutique shopping, entertainment venues, and some of Southern California's most desirable beaches. The property's premier South Redondo location continues to benefit from strong rental demand driven by its coastal lifestyle, excellent schools, and proximity to major employment centers throughout the South Bay. With limited multifamily inventory available in South Redondo Beach and increasing demand for housing in the area, 622 South Pacific Coast Highway presents a compelling opportunity for investors seeking a well-maintained coastal asset with meaningful value-add potential and long-term appreciation prospects.
THIS IS A DUPLEX - >> One VACANCY Scheduled for the end of September << Located in the highly sought-after El Nido neighborhood of Redondo Beach/Torrance border, this exceptional duplex presents a rare and compelling investment opportunity. Both units are beautifully maintained, thoughtfully updated, and have generous living space—making them ideal for both owner-users and investors alike. The front residence features 3 bedrooms + an Office (formerly the 4th bedroom) and 2 bathrooms, complemented by a large living room, open kitchen with granite countertops, stainless steel appliances, and abundant cabinetry. Updated bathrooms, tile, and carpet flooring enhance both comfort and functionality. The rear unit offers 3 bedrooms, 2 bathrooms, a large Storage/Laundry room, and a Private Yard. Upgraded kitchen and refreshed baths. Each unit enjoys ample communal living areas, newer windows, oversized closets, and an outdoor patio with BBQ space—perfect for relaxing or entertaining. The single-level layout adds convenience and ease of access, while three separate one-car garages + 3 additional open spaces parking spots provide extra parking and storage. Units have no shared walls (only a connected roofline), Artificial Turf, and a painted exterior; this property delivers both privacy and curb appeal. Whether you choose to live in one unit and generate rental income from the other, or lease both, this turnkey property is ready for you. Long-Term Tenants
Investment opportunity, well maintain four unit apartment building located in between the prime Redondo Beach and Manhattan Beach. Totalbuilding size is approximately 5,186 Sq.Ft. on a 7,500 lot size. The front unit has 3 Bed+Den+2 Bath+ back yard and other three units have 2 Bed+1 Bath and its own back yard. Separately metered for gas and electricity. There are three 2 car garages and one 1 car garage. Please do not disturbthe tenants and Interior showing is accepted offer only. Seller is motivated.
Prime North Redondo Beach. Total of 9 bedrooms and 8 full baths. Located on a quiet street near hermosa and Manhattan Beach.
This well-located fourplex offers a premier investment opportunity in the highly sought-after South Redondo Beach market, situated approximately one mile from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property provides tenants with convenient access to an abundance of coastal dining, retail, and lifestyle amenities. The asset features an attractive unit mix of (1) 4-bed/1.75-bath front unit, (2) 2-bed/1.75-bath units, and (1) 1-bed/1-bath unit. One of the 2-bedroom/1.75-bath units will be delivered vacant, creating an ideal opportunity for an owner-user to occupy the unit or for an investor to immediately lease the unit at market rate. From an investment standpoint, the property offers a compelling financial profile with a 4.70% current cap rate and 14.83 GRM, along with significant upside to a 6.02% pro-forma cap rate and 12.35 GRM. The vacant 2-bedroom unit provides an immediate opportunity to capture market rent and accelerate the property's path toward its pro-forma returns. Not subject to local rent control (AB 1482 only), the asset allows for consistent and favorable rent growth. The all-electric configuration eliminates gas expenses and supports an efficient operating structure with minimal expenses. Additional features include five garage spaces, providing ample parking for tenants. The property also boasts strong curb appeal with a recently painted exterior and new landscaping. Furthermore, the asset qualifies for residential financing, expanding buyers' financing options and providing access to potentially more attractive loan terms.
2220 Huntington Avenue, Redondo Beach, CA offers an exceptional opportunity to acquire a well-positioned four-unit income property in the heart of the South Bay. Encompassing approximately 4,917 square feet of living space, this asset features generously sized units designed to attract long-term, high-quality tenants. The property includes one spacious three-bedroom, two-bathroom unit, along with three additional two-bedroom, two-bathroom units, providing an ideal and highly desirable unit mix for today’s rental market. Each residence offers comfortable layouts with ample living space, enhancing both tenant appeal and retention. Located in Redondo Beach, the property benefits from a prime coastal setting with convenient access to beaches, parks, schools, shopping, dining, and major commuter routes. This sought-after location consistently drives strong rental demand, making the property a reliable and attractive investment. With its combination of size, unit mix, location, and income potential, 2220 Huntington Avenue represents a solid addition to any investment portfolio and a rare opportunity to own a premier multi-unit property in one of the South Bay’s most desirable communities. Please do not disturb tenants.
***Price Reduced $155,000***This 7-unit apartment community offers investors desirable amenities and an exceptional location within Redondo Beach in the South Bay. The property features a diverse unit mix of three, two & onebedroom units with functional layouts that consistently attract long-term tenants. Residents benefit from onsite laundry and individual garages. The residences in the rear further distinguish themselves with select townhouse units and large private patios, offering a more spacious, modern living experience. This combination of location, design, and amenities ensures strong renter demand and positions the property for substantial rent and income growth as units are modernized and brought to market levels. • 6 of 7 units have been renovated to different states that include: new plumbing, electrical panels, kitchens, bathrooms, flooring, and hardware. • Demand Tailwinds: The severe monthly cost differential between renting ($3,550 avg.) and owning ($11,248 avg.) in Redondo Beach underscores ongoing renter demand, especially among workforce households priced out of homeownership. • Proven Rent Growth: Historical rent growth in Redondo Beach has been both strong and resilient, with continued increases forecast through the end of the decade. • With affordability challenges driving sustained renter demand, and historical trends pointing toward ongoing rent appreciation, Park Promenade provides investors a compelling opportunity for both near-term value creation and long-term growth. • 100% occupied. well-managed, & maintained • Individual garages & select private patios • Excellent unit mix of 3, 2 & 1 bedroom units • New electrical panels
Hard to come by property with opportunity for owner occupants to live in the larger unit while collecting income from the second unit, or perfect for multi-generational family living. Chance to own with historically proven long-term appreciation potential of coastal Southern California property. Close to award winning schools, dining, shopping, entertainment, and, of course, the beach! Downstairs unit is 2bd/2bath, 1128SF, updated beautifully, including a new kitchen and bathrooms. Upstairs unit is 3bd/2bath, approx 1828SF; principle en suite bedroom with 1.75bath, with beautifully redone large shower. Each unit is paired with private garage parking: a 2-car garage for the larger upstairs unit and a 1-car garage for the smaller downstairs unit. Both units have private laundry with updated washer/dryer, as well as large PV stone fireplaces as the centerpiece of each respective living room. Downstairs unit has a large deck with access to a private backyard. There is a large basement housing newer water heaters, downstairs forced air heating unit and is also great for storage. Upstairs unit has large ocean-view balcony spanning the length of the property. The building was re-roofed in 2024 and, in 2025 was freshly painted and new gutters installed. Both units are currently rented on short term leases, giving the new owner the option of continuing to rent out or move into one of the units.
This exceptional 11-unit apartment building is being offered for the first time in over 30 years and is located just one minute from the ocean in one of Southern California’s most prestigious and highly sought-after beach communities. The property features a balanced unit mix of 5 two-bedroom/one-bath units, 5 one-bedroom/one-bath units, and 1 studio unit, with all units occupied except the studio, ensuring strong and stable tenancy. Investors will appreciate 10 attached garage spaces with alley access, individually metered utilities for each unit, and the absence of city rent control, providing both efficiency and flexibility in operations. With a pro forma cap rate of approximately 3% and an unbeatable location that ensures consistent long-term demand, this asset presents a once-in-a-lifetime opportunity to acquire a generational trophy property in one of Southern California’s best-performing coastal markets.
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.
