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.
Welcome to a fantastic investment opportunity in a prime location! This property has been owned by the same family for years and is now available for new possibilities. Drive by and take a look; you'll see the potential is endless. For investors, consider converting the garages into an ADU and transforming the property into a four-unit rental. The current rents are low, but the long-term tenants are content and reliable, ensuring a steady income stream or raise the rents. There is a huge rent upside available. Owner-occupants will appreciate the back unit, which boasts a charming yard, perfect for relaxation and outdoor activities. Contractors and developers will be thrilled with the location. This property offers the chance to tear down and build spacious new units, maximizing rental income potential. The property is professionally managed, with management costs already included in the expenses, which remain impressively low. Don't miss out on this versatile and promising property
Broadway is one of the most enchanting & charming streets in South Redondo - lined with majestic, mature trees and home to some of the most incredible historical Craftsmans, Bungalows, and Beach Cottages that make our beach community second to none. Built in 1927, 500 S Broadway is one of the cottages that brings so much character to the street. This incredibly quaint home lives like a duplex with two separate cottages on the lot. The main home is a revitalized cottage dream with hardwood flooring, bright white paint throughout and all the little details you love to see in a classic 1920’s home such as a built-in buffet table, wood panel doors and double hung windows. The yard between the two cottages is lush with flowers, landscaping and pristine low maintenance turf to make for an extremely inviting outdoor space. Set up your fire pit, outdoor dining table, BBQ, hammock, or anything else you need to enjoy the summer 2 blocks from the beach. The back unit is a legal non-conforming studio outfitted with a fireplace, kitchen and loft - keep it as an additional guest suite, office space, third bedroom or explore the option of leasing it out. You could not ask for a more ideal location, just two short blocks from the Esplanade & the sand, award winning school district, close to shopping, incredible small town feel restaurants with excellent menus, the list goes on. The opportunity to own a delightful piece of Redondo Beach history with the proximity of amenities that people dream of, is right here.
This beautifully refreshed four-unit property offers a range of modern updates and is an attractive option for both cash-flow investors and owner/users. Each unit features: Front Unit (Townhome style): 3 bedrooms, 2.5 bathrooms, two-story layout, double garage. Rear Building Units: Unit 1: 2 bedrooms, 2 bathrooms Unit 2: 2 bedrooms, 1.75 bathrooms Unit 3: 1 bedroom, 1 bathroom, three garages servicing the rear units Upgrades: Fresh paint throughout the property, new vinyl fencing, new garage doors and motors, installation of new artificial turf, newly rebuilt balcony walkway, recent roofing upgrades. Leases: All leases are month-to-month, offering flexibility for potential rent increases and future adjustments. Location: Minutes from King Harbor, which offers: restaurants, seafood markets, shopping, entertainment options, fishing, whale watching, water sports, etc. One block from Redondo Village Center featuring: Von’s market, additional dining options. Investment Potential: Significant rental upside potential due to month-to-month leases and desirable location. The variety of unit sizes and amenities cater to a broad tenant base. This property is an excellent opportunity for an investor looking to generate rental income 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.
Here is a very nice 4 plex in a good area of North Redondo. Great street and location on street. Units are all rented and the rents are low. Each unit has a one car garage and there is an outside space for front unit. There is a 2 car garage which the owner uses. Well maintained building and units are in decent shape but there is room to upgrade units that will immensely bring better income. Property is being sold "AS-IS" but feel free to do your inspections. DO NOT WALK THE PROPERTY NOR BOTHER TENANTS PLEASE!! Any questions please reach Fred Zuelich 310 245 4898. All property specs are from public records and the agent and seller have not verified any nor warranty any. There us a community W/D on site.
We are pleased to present for sale, 325 Calle Miramar, located just 2 blocks away from Torrance Beach & Miramar Park - in the hot Hollywood Riviera Market. First time on the market in over 50 years, this value-add property is a pride of ownership for Long-Term Owner. Rare Opportunity to Purchase a 6-Unit Building 2 Blocks from the Ocean. Can be bought together with the matching next door 6 - unit building at 321 Calle Miramar. An Investment Opportunity for the Discerning Buyer. Rare 6-Unit Building with an Unbeatable Location and over 60% in Rental Upside. 5,853 Sq. Ft. Building on a 8,440 Sq. Ft. Lot Zoned TORR-MD While the physical address of the property is in Redondo Beach, it is technically in City of Torrance. Calle Miramar sits on the border between Redondo Beach and Torrance southernmost part of Redondo Beach is a block north. Tenants of 321 Calle Miramar get the benefits offered by both cities.
We are pleased to present for sale, 321 Calle Miramar, located just 2 blocks away from Torrance Beach & Miramar Park - in the hot Hollywood Riviera Market. First time on the market in over 50 years, this value-add property is a pride of ownership for Long-Term Owner. Rare Opportunity to Purchase a 6-Unit Building 2 Blocks from the Ocean. Can be bought together with the matching next door 6 - unit building at 325 Calle Miramar. An Investment Opportunity for the Discerning Buyer. Rare 6-Unit Building with an Unbeatable Location and over 60% in Rental Upside. 5,853 Sq. Ft. Building on a 8,430 Sq. Ft. Lot Zoned TORR-MD While the physical address of the property is in Redondo Beach, it is technically in City of Torrance. Calle Miramar sits on the border between Redondo Beach and Torrance southernmost part of Redondo Beach is a block north. Tenants of 321 Calle Miramar get the benefits offered by both cities.
Welcome to this exquisite 2-unit complex nestled in the heart of north Redondo Beach. This unique property presents an ideal opportunity for investment or dual living arrangements. Unit A boasts 3 spacious bedrooms and 2 bathrooms. Unit B offers 2 well-appointed bedrooms and 2 bathrooms, perfect for smaller households or as a rental unit. Both units enjoy private outdoor spaces. The property includes a double and single garage. Located in desirable Redondo Beach, residents will appreciate proximity to pristine beaches, renowned dining spots, and excellent schools. This prime location offers easy access to major freeways, providing seamless connectivity to nearby cities and attractions. Don’t miss out on this rare opportunity to own a versatile property in one of Southern California’s most sought-after neighborhoods. Whether you're looking for a lucrative investment or a south bay retreat, this 2-unit complex is ready to fulfill your real estate dreams. Schedule your private showing today.
Rarely does one of the Crown Jewels on Esplanade come up for sale. 12 unit, Millionaire's fixer upper which has (7) two bedroom two bath units, (2) one bedroom, one bath units, (2) studio units and a great big penthouse unit with elevator. It has a common area for residents to relax and BBQ while enjoying the coastal life. This property is in it's re-positioning phase and once completed, it will be a world class trophy property! Short walk to the beach, swim in the ocean, ride on the bike path or just walk to all the wonderful shops and restaurants in the Riviera Village. This property is being sold in it's present, "as-is" condition with no warranties expressed or implied.
GREAT 4 UNIT INVESTMENT OPPORTUNITY! This 4 unit property consists a mix of 1 Unit (3 BD/2BR) owner occupy style house, 2 Unit (2BD/2BR) and 1 Unit (1BD/1BR). All units were renovated back in 2018. All photos were taken after renovation was conducted by previous owner. This property is conveniently located near plenty of parks, Redondo Beach Pier, and plethora of shops, cafes, and restaurants on PCH. Do not miss out on this opportunity.
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.
Don't miss this rare and remarkable spacious duplex in highly sought-after Redondo Beach with Redondo Beach Schools and services and only seconds to the Pier and trendy shopping and dining! The front "single-family home" style unit is bright and charming and features a phenomenal floor plan complete with a white picket fenced front yard, expansive living area with separate space for a den/office/dining room, etc, a covered private patio, and galley kitchen featuring a gas range, refrigerator, dishwasher and washer/dryer. 3 large bedrooms including a primary suite with private patio and an attached bath will not disappoint. Up a private staircase and accessible from the front or back alley, the rear unit brims with mid-century charm and features wood beamed ceilings and a dramatic loft space perfect for an office, game area, or 3rd bedroom and a delightful kitchen with ample storage space adjacent to an expansive deck perfect for dining al fresco. Large bedrooms downtairs and a newer tile bath upstairs punctuate the versatile floor plan. 2 private 1-car garages (1 for each unit) with auto openers and 2 additional driveway parking spaces complete the picture. Both units are tenant occupied with units generating combined $6625/month in gross rental income and property will not be delivered vacant. Why buy a single family home or condo/townhouse in the area when you can have 2 units for the price of 1? Exceptional value and upside potential.
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 (currently vacant). 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.
The Broadway Apartments are a rare value add opportunity with a ton of future potential in one of the best locations in all of the South Bay. Sitting on an oversized 10,552 sq ft lot, the offering features 7 separate structures and is comprised of a total of 9 apartment units. The unit mix is comprised of 8 one-bedroom/one-bathroom units and 1 studio/ one-bathroom unit. Two units will be delivered vacant at closing leaving immediate day 1 upside. With current rental rates of the occupied units well below market value, there is significant potential for value add through strategic renovations and future rent increases. Current ownership has issued maximum rental increases to begin on August 1st, 2024. Upon the increases going into effect, the property will be operating at a 3.53% cap rate and a proforma cap rate of 6.11%. Adding to the property's allure is the presence of six on-site garages, which provide an additional revenue stream and could be converted into ADUs (Buyer to confirm). Tenants can enjoy on-site laundry, large yards and patios allowing a new owner to maximize future rents. There is also a common area laundry room for tenants to enjoy (Leased W/D). The property boasts a 93 Walk Score and an 86 Bike Score and is less than a half mile from the beach, making this location a renter's paradise! The offering is in one of the hottest markets in the South Bay and is near some of the best restaurants and retail the city has to offer. This investment presents a very attractive opportunity to own a sizable asset in Redondo Beach.
Two blocks from the beach, this 100 year old income producing property can be used in so many ways! Strictly rental income, owner occupied + income, or development opportunity! Property is designated on the historical gold list - Class C. City of Redondo Beach records show subject property is a single-family home, and zoned R3. Sellers disclose an additional 3 standalone units on property may be non-conforming. Additional units include two 1bdr 1bath units and one studio. All units have been partially updated. All tenants under one year lease agreements, except for front house moving 15th of May.
Excellent Investor or owner use opportunity in a highly desirable Redondo Beach location just minutes to the beach , Shopping centers , trendy restaurants, Lively entertainment, neighborhood parks , transportation & award winning Redondo Beach schools. This well maintained 2 units on a full size 7,503 R2 lot. Long term tenants. The Back unit is 2 story & has 1st level 1 bedroom and 1 bath & upper level has 3 bedrooms and 1 bath total of 4 bedrooms & 2 baths, 2 car garage, wood floors except stairs , Large backyard & large deck. All good size rooms. The Front unit is 1 level, 2 bedrooms plus bonus room , 1 bath, 1 car garage and front yard. Best possible location near award-winning Jefferson school . front unit goes by 1919 Belmont & back unit goes by 1919A Belmont. Total of 2584 Sq. ft. (1056 & 1529) per appraisal.
Courtesy: Beach City Brokers
Presenting an exceptional 4-Unit opportunity in north Redondo Beach, this listing features all 3-bedroom/2-bathroom units, each providing spacious floorplans averaging approximately 1,300 square feet. With a current CAP rate of 5.91% and a GRM of 12.77, this investment offers strong returns. Additionally, the property is delivered with TWO VACANT units both of which are rent ready as-is. 2103 Carnegie Lane also offers washer and dryer hook-ups for each and every unit as well as ample parking with a total of 4 garage spaces and 4 tandem spaces.2103 Carnegie Lane is NOT under LA City Rent Control and thus investors can capitalize on the property's substantial upside potential under AB-1482 , making 2103 Carnegie Lane an enticing investment in a prime Beach City sub-market. 2103 Carnegie Lane also qualifies for residential financing allowing a potential purchaser to receive max leverage and put less money down.
Experience this unique spacious home with an apartment included in the design (duplex), and a bonus two-story guest house, nestled in the heart of North Redondo Beach, and on the edge of Manhattan. This property presents a rare opportunity for both investment and owner-user scenarios, with great income potential. The opportunities are endless, boasting eight total bedrooms and eight bathrooms, including a private two-story guest house/office space throughout the 5,031 square feet of living space on the 7,506 square-foot lot. The main home features an expansive layout with 5 bedrooms and 4 bathrooms (3 newly remodeled), providing ample space. The first floor features tall, vaulted ceilings, living room, family room, large kitchen, dining space, a private bedroom, two bathrooms, and large laundry room. Upstairs you’ll enjoy four bedrooms and two bathrooms, including the fully remodeled master bathroom. The separate guest house provides an excellent opportunity for extended family, guests, or private office space. With high ceilings and a private entrance, the suite provides an additional 1 bedroom, 1.5 bathrooms, a kitchenette, and laundry facilities. Ascend the separate staircase to discover Unit B - the large open, airy apartment above the dual 2-car garages. With two bedrooms, two bathrooms, and an office, this unit boasts vaulted ceilings that amplify the sense of space and light. Enjoy the convenience of an in-unit laundry area and revel in this space's versatility. This R-2 zoned property presents an owner-user dream, allowing you to reside in the spacious main house while leasing out the apartment for additional income. Embrace the coastal lifestyle in this sought-after neighborhood, where Redondo Beach's renowned attractions, dining, and shopping are all within easy reach.
Presenting 917 S Catalina Ave, a 5-unit residential building in South Redondo, just 1/2 block to the beach. Original 1939 building with tons of charm. Row of 4 connected “bungalow style” 1-bed, 1-bath units. One 2-bed, 1-bath “owner’s unit” sits atop the shared laundry room and (5) partitioned 1-car garages, with alley access at the west end of the property. Two of the 1-bedroom units have just been updated! They feature new LVP floors throughout, new plumbing fixtures, tile, countertops, light fixtures/ceiling fans, bathroom vanities, fresh paint, and more! These two units are currently vacant and offer a new owner the opportunity to decide for themselves how to best use them! The whole property could be tastefully refreshed to maintain original retro elements, or completely renovated with a more modern design. Investors looking for increasing unit count should consult City of Redondo about converting garages to ADUs. Fantastic, highly sought-after South Redondo Beach location, just 1 lot from The Esplanade and the sun, surf, sand & The Strand, 1/2 mile north of Redondo’s Riviera Village boutique shops, offices, restaurants, and nightlife, and 1 mile south of the same amenities at The Redondo Beach Pier, King Harbor Marina, and Veteran's Park. Locals will love the 1-block distance from Phanny's and LBJ's on PCH!
This six unit apartment complex located in the heart of North Redondo Beach is located less than two miles from the beach. Each unit is two bedrooms-one bathroom with in unit washers/dryers/hookups. Five of the six units were renovated with white cabinets, vinyl wood floors, stainless steel appliances, and upgraded electrical, mechanical and plumbing. Two of the units boast private balconies. There is ample parking with six garage and six surface spaces which offers a great opportunity to add ADUs. The property underwent seismic retrofitting and is fully occupied. Rents below market. Don't miss this opportunity to own a piece of the South Bay! No local rent control - subject to California SB 1482.
Courtesy: Keller Williams South Bay
2 SEPARATE UNITS! PRICE IMPROVEMENT! UPDATED! Welcome to an amazing opportunity to own a duplex in the coveted area of south Redondo Beach. Walking distance to both the highly rated Parras Middle school and Redondo Union high school, this property is perched high above Prospect Avenue, offering an ocean view from the primary bedroom and deck. From this great location, you can also walk to the beach, pier, shops and restaurants of fabulous Redondo Beach. This exceptional property boasts a unique layout, featuring a spacious single-family home at the forefront and a separate second unit situated above the detached garage at the rear of the lot. The front residence exudes charm and functionality, offering four bedrooms and three full bathrooms. Enter into a warm and inviting ambiance, with a layout designed to accommodate modern living. The main floor hosts a bedroom and bathroom, ideal for guests or multigenerational living arrangements. The open living room, dining room and kitchen with breakfast bar look out on treetops from large picture windows. The main floor also features an office area and family room with a cozy brick fireplace providing ample space for relaxation and entertainment. Step outside to discover a private side yard and back patio, perfect for al fresco dining or enjoying the ocean breeze. Upstairs three additional bedrooms await, including a grand primary suite. The primary features a huge walk-in closet, a large deck showcasing ocean and Palos Verdes views, allowing you to unwind in serenity amidst the treetops. The primary bathroom includes a soaking tub, separate shower, and a double sink vanity. Conveniently accessed from the alley behind the property, the two-car detached garage includes a covered entrance leading directly to the family room of the front house, ensuring seamless transitions between indoor and outdoor living spaces. The permitted second unit above the garage offers independent living quarters with its own entrance and carport off the alley. Boasting two bedrooms and two bathrooms, this separate dwelling is thoughtfully designed for privacy and comfort. A spacious living room, well-appointed kitchen, stacked washer and dryer, and a small outdoor patio complete the ensemble, providing a serene retreat for occupants. This property presents a rare opportunity to enjoy the best of coastal living in Redondo Beach, combining a family home and rental opportunities!
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.
Redondo Beach is located in California. Redondo Beach, California has a population of 67,950. Redondo Beach is more family-centric than the surrounding county with 36.17% of the households containing married families with children. The county average for households married with children is 32.35%.
The median household income in Redondo Beach, California is $104,548. The median household income for the surrounding county is $61,015 compared to the national median of $57,652. The median age of people living in Redondo Beach is 40.2 years.
The average high temperature in July is 76.7 degrees, with an average low temperature in January of 47.7 degrees. The average rainfall is approximately 14.2 inches per year, with 0 inches of snow per year.
