Redondo Beach CA Real Estate &

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Beds:
n/a
Baths:
Sq.Ft.:
4,957
Status:
NEW LISTING
MLS#:
SB26133495
Type:
Mixed Use
Lot size:
0.17 Acres
Year built:
1961
Listed by Smallwood Real Estate & Investments Gary Smallwood
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
5,124
Status:
Active
MLS#:
SB26126857
Type:
Fourplex
Lot size:
0.14 Acres
Year built:
1971
Listed by Estate Properties Bill Ruane
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ADDITIONAL INFORMATION

Large 4 unit building. Each townhouse style unit is spacious and features its own private rooftop deck. Located near top rated schools, the beachand a vast selection of shopping and dining options, these units are always in high demand. Units include one 3 bed/2.5bath front unit and three2/1.5 bath units. The property offers ample parking with three 2 car garages. The garages and the lower level of the 3 bedroom front unit presenta potential ADU opportunity (check with the city), which will further increase income. The city of Redondo Beach is subject only to state rentcontrol (AB1482).

Open House:

Saturday, 6/20 1:00-3:00PM

More Open House Info >

Beds:
n/a
Baths:
Sq.Ft.:
2,054
Status:
Active
MLS#:
SB26125009
Type:
Single Family
Lot size:
0.14 Acres
Year built:
1959
Listed by Lyon Stahl Investment Real Estate, Inc. Stephen Takahashi
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ADDITIONAL INFORMATION

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.

Beds:
5
Baths:
3.00
Sq.Ft.:
2,420
Status:
Active
MLS#:
26843891
Type:
Cluster
Lot size:
0.16 Acres
Year built:
1943
Listed by Marcus & Millichap Jonathan Weir
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ADDITIONAL INFORMATION

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.

Beds:
18
Baths:
11.00
Sq.Ft.:
6,636
Status:
Active
MLS#:
26841337
Type:
Cluster
Lot size:
0.17 Acres
Listed by Kape Property Management, Inc. Noam Srolovitz
View additional info

ADDITIONAL INFORMATION

We are pleased to present this turnkey 7-unit apartment community located in the highly desirable North Redondo Beach area. This asset comprises an extra-large unit mix with four 3-Bed/2-Baths & three 2-Bed/1-Baths. The property has been substantially upgraded, including plumbing, electric (main panel, subpanels), kitchens, bathrooms, windows, exterior paint and lighting, landscaping, and outdoor spaces and more. Large building (6,636ft) and lot size (7,505ft). With all units having been remodeled and upgrades, the property is very easy to manage and upkeep should be at a minimum. The front unit (Unit A) is an incredible owners unit with its own private yard with mature citrus trees. All 7 units are occupied by qualified, long-term, at-market tenants. NO LOCAL RENT Control subject to only AB 1482. A true turnkey asset and easy to secure quality insurance based on key upgrades to electrical and other infrastructure that are carrier-sensitive. Extremely walkable neighborhood, with restaurants, markets, breweries and local retail up-and-down surrounding blocks.

Beds:
n/a
Baths:
Sq.Ft.:
2,697
Status:
Active
MLS#:
SB26096100
Type:
Duplex
Lot size:
0.14 Acres
Year built:
1964
Listed by West Shores Realty, Inc. Afshin Eskandari
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ADDITIONAL INFORMATION

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 (One converted to an office) and 2 bathrooms, complemented by a large, 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 4 bedrooms and 2 bathrooms, an upgraded kitchen, and refreshed baths. Each unit enjoys ample communal living areas, newer windows, oversized closets, and its own private 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 provide extra parking and storage. With 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

Beds:
n/a
Baths:
Sq.Ft.:
1,712
Status:
Active
MLS#:
SB26117193
Type:
Fourplex
Lot size:
0.08 Acres
Year built:
1921
Listed by Alpha Properties Elizabeth Collins
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ADDITIONAL INFORMATION

Sold together with 217 South Broadway only. (APN #s 7505-018-007 & 7505-018-006). Quiet, tree-lined, extra-wide South Broadway. These are rare side-by-side lots with desirable street to alley access for ease of future development (South Broadway to New High Court). Total combined lot sq.ft. of 7,055 (per title). Each lot is zoned RBR-3A. The properties are to be sold AS-IS. There are 5 structures (6 units total) — 3 Craftsman cottages, 1 two-story duplex, plus bonus detached studio/ADU (not factored into the rental income or sf totals). This property has incredible potential to either develop or keep status-quo. A lot of outdoor space- patios and a lovely garden with mature fruit trees and grape vines. Rents are very low, the pro-forma rents will bring a significant increase in monthly income. Dream location: one block to beach, the Strand, the Pier, Farmer’s Market, Veteran’s Park, shopping, walk to the Village. PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY. No pre-inspections; inspections upon accepted offer only.

Beds:
n/a
Baths:
Sq.Ft.:
5,032
Status:
Active
MLS#:
SB26109405
Type:
Fourplex
Lot size:
0.17 Acres
Year built:
1968
Listed by eXp Realty of California Inc Tony Puma
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ADDITIONAL INFORMATION

Rare opportunity to buy this extra-large 4-UNIT PROPERTY WITH THREE VACANT UPDATED UNITS high on a ridge in sought-after North Redondo Beach. Put your own tenants in at market rate rents or owner-occupy one or more! The "sister property" next door is also available, creating huge upside development potential! Built in 1968, this well-maintained oversized fourplex (Two 3-Bed/2-Bath units with city/mountain views & two large 2-Bed/2- Bath units) features a total of 10 bedrooms and 8 bathrooms, offering strong income potential in one of the South Bay’s most desirable coastal communities. This turnkey property allows investors to focus on maximizing returns almost immediately. Three units have been recently updated with new appliances, hardwood flooring, luxury vinyl bathroom flooring, and fresh interior paint. Each 3-bedroom includes a 2-car garage, & a 1-car garage plus parking space for each 2-bedroom unit. The shared laundry room provides an additional source of income. Whether you’re an experienced investor expanding your portfolio, an owner-occupant wanting to pay your mortgage with great rent-income, or just looking to build long-term wealth through real estate, this is an outstanding opportunity in a prime location.

Beds:
9
Baths:
8.00
Sq.Ft.:
4,895
Status:
Active
MLS#:
26836189
Type:
Cluster
Lot size:
0.17 Acres
Year built:
1972
Listed by Shield CRE, Inc. Gianluca Jacoli
View additional info

ADDITIONAL INFORMATION

This well-located fourplex presents an exceptional investment opportunity in the highly desirable North Redondo Beach market, situated approximately two miles from the Hermosa Beach Pier, Manhattan Beach Pier, and the Pacific Ocean. The property offers tenants convenient access to an abundance of premier coastal dining, retail, entertainment, and lifestyle amenities. The expansive 4,895-SF building is situated on a large 7,506-square-foot lot and features an attractive unit mix consisting of (1) 3-bedroom/2-bath unit, (2) 2-bedroom/1.5-bath townhouse units, and (1) 2-bedroom/1.5-bath unit. Additional property amenities include six garage spaces and outstanding ADU potential, with the oversized lot and existing garages presenting a desirable opportunity to add ADUs. From an investment standpoint, the property offers a compelling combination of stable in-place income and meaningful upside potential, featuring a 3.88% current cap rate and 16.74 GRM with the ability to achieve a 5.40% pro-forma cap rate and 13.27 pro-forma GRM. The asset is not subject to local rent control (AB 1482 only), allowing investors to benefit from attractive annual rent increases and long-term rental growth. Additionally, the property qualifies for residential financing, providing buyers with expanded financing options and access to more favorable loan terms.

Beds:
13
Baths:
12.00
Sq.Ft.:
6,792
Status:
Active
MLS#:
26835407
Type:
Cluster
Lot size:
0.26 Acres
Year built:
1965
Listed by Matthews Real Estate Investment Services John Wright
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ADDITIONAL INFORMATION

We are pleased to present 1110 Barbara Street, a seven-unit apartment building located in the heart of Redondo Beach. The property features a desirable unit mix consisting of (1) three-bed/two-bath two-story home (approx. 1,400 SF), (4) two-bedroom/two-bath (each over 1,000 SF), and (2) one-bed/one-bath units. Four of the seven units have been recently and tastefully upgraded, showcasing modern finishes and high-quality improvements. Tenants pay their own utilities, and the units are currently enrolled in a RUBS (Ratio Utility Billing System) program that reimburses the owner for water, sewer, trash, and other shared utility expenses. This offering presents an excellent opportunity an investor to capitalize on strong rental demand and premium market rents in one of the South Bay's most coveted coastal communities with no local rent control and 16% rental upside potential on current rents. Residents enjoy the best of coastal living in a highly sought-after South Bay neighborhood, just minutes from world-class beaches, parks, restaurants. 1110 Barbara Street is available for individual purchase or in conjunction with 1100 Barbara Street. Please reach out to Seller's Agent for more information and the full marketing package. Updated financials reflect increased rental income and improved operating performance. Well-located asset with strong in-place returns and upside potential.

Beds:
n/a
Baths:
Sq.Ft.:
1,624
Status:
Active
MLS#:
SB26101623
Type:
Duplex
Lot size:
0.13 Acres
Year built:
1924
Listed by BerkshireHathaway HomeServices Meagan Patterson
View additional info

ADDITIONAL INFORMATION

Rare South Redondo Beach redevelopment and income opportunity. Held by the same family since it was built in 1924, 922 S Pacific Coast Hwy offers a unique chance to acquire a legacy property with current rental income and significant long-term upside. Currently configured as a duplex, the property features two separate detached Craftsman-style bungalows, each with its own backyard area. The front unit is a 2 Bedroom with 1 full Bathroom and the back unit is a 1 Bedroom with 3/4 bath. A third building provides additional storage, and two parking spaces are located at the rear of the property. The units also have separate gas and electric meters, adding convenience for rental management. Both units are currently occupied by long-term tenants on month-to-month leases, providing immediate rental income while allowing a buyer time to explore future plans, permits, and entitlements. Whether held as an income-producing property, improved over time, or pursued as a full redevelopment opportunity, this property offers a compelling blend of location, lifestyle, income, and upside potential. Situated on a desirable street-to-alley lot, the property offers valuable rear access and development flexibility. Zoned R-3, and per Redondo Beach Public Planning, the site may allow for the development of two detached townhomes. Located on the east side of PCH, just moments from the Riviera Village, shops, restaurants, the Esplanade, beaches, and parks - all the best of South Bay coastal living. Buyer to independently verify zoning, use, square footage, rents, permits, development potential, entitlements, and all city requirements with the City of Redondo Beach. Please do not disturb tenants.

Beds:
25
Baths:
21.00
Sq.Ft.:
11,417
Status:
Active
MLS#:
26828507
Type:
Cluster
Lot size:
0.25 Acres
Year built:
1963
Listed by Kape Property Management, Inc. Noam Srolovitz
View additional info

ADDITIONAL INFORMATION

We are pleased to present this 2-building, 10-unit turnkey portfolio located in the heart of Redondo Beach. The portfolio, including 1303 Beryl St & 1211 Beryl St, consists of an attractive unit mix of one 4- bed/3-bath, five 2-bed/2-bath, one 2-bed,1-bath, one 3-bed/3-bath, and one 3-bed/2-bath. Both properties have been professionally designed, upgraded and permitted, including major upgrades to/replacements of electrical, plumbing, roofs, HVAC and full interiors. Due to the high-end finishes and desirable location, the Lease-Up produced fantastic and quick results with no remaining vacancies. Extremely walkable neighborhood, with restaurants, markets, breweries and local retail up-and-down surrounding blocks. NO LOCAL RENT CONTROL - subject to only AB 1482. APN Numbers for both properties: 1211 Beryl - 7502010068 1303 Beryl - 7502015043.

Beds:
n/a
Baths:
Sq.Ft.:
3,840
Status:
Active
MLS#:
SB26093562
Type:
Apartment
Lot size:
0.17 Acres
Year built:
1958
Listed by ADW Management USA, Inc. Mariko Artis
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ADDITIONAL INFORMATION

Corner lot investment opportunity in the desirable North Redondo Beach area! This professionally managed property consists of six fully occupied 2-bedroom 1 bath units, all of which have been upgraded in the past. Each unit has a single parking spot inside shared garages, with the ability to park another car tandem in the driveway. Furthermore, behind each garage parking spot is a laundry hook up for each unit! The property has also been recently upgraded with a new electric main panel and subpanels, a newer roof, and a deck replacement. The property is within a highly rated school district and offers easy access to the 405 freeway and major aerospace industries. Tenants enjoy living in close proximity to an array of beaches, piers, parks, and shopping & dining options.

Beds:
n/a
Baths:
Sq.Ft.:
5,186
Status:
Active
MLS#:
PW26089375
Type:
Fourplex
Lot size:
0.17 Acres
Year built:
1974
Listed by World Citizen Realty Ken Lee
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ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
4,267
Status:
Active
MLS#:
SB26083749
Type:
Apartment
Lot size:
0.17 Acres
Year built:
1973
Listed by South Bay Homes Ralph Lepore
View additional info

ADDITIONAL INFORMATION

Prime North Redondo Beach. Total of 9 bedrooms and 8 full baths. Located on a quiet street near hermosa and Manhattan Beach.

Beds:
9
Baths:
7.00
Sq.Ft.:
4,260
Status:
Active
MLS#:
26742045
Type:
Cluster
Lot size:
0.13 Acres
Year built:
1963
Listed by Shield CRE, Inc. Gianluca Jacoli
View additional info

ADDITIONAL INFORMATION

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. From an investment standpoint, the property offers a compelling financial profile with a 4.34% current cap rate and 15.70 GRM, along with significant upside to a 6.02% pro-forma cap rate and 12.35 GRM. 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 garage parking for tenants. The property also boasts strong curb appeal with a recently painted exterior and new landscaping. The asset also qualifies for residential financing, expanding buyer's financing options and offering access to more attractive loan terms.

Beds:
n/a
Baths:
Sq.Ft.:
9,914
Status:
Active
MLS#:
SB26088593
Type:
Apartment
Lot size:
0.18 Acres
Year built:
1958
Listed by TR Wealth Management Inc. William Mulkey
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ADDITIONAL INFORMATION

TR WEALTH MANAGEMENT, INC. is pleased to present a rare opportunity to acquire a 10-unit trophy multifamily asset located in the South Redondo Beach / Hollywood Riviera submarket. The addresses are 124-128 Palos Verdes Blvd totaling 9,914 sf with similar floor plans and ocean views. The property is two separate APN (Parcels) with 5 units each forming a central courtyard. Perched in a premier coastal setting, this asset has ocean and sunset views, offering a generational investment that attracts tenant demand. There are 10 Garages and 10 tandem spaces. A desirable unit mix of 9 large 2-bedrooms, 1 bathroom & 1 2-bedroom, 2 baths units offering 975 rentable area and spacious & functional layouts makes tenants want to reside here. With $800,000 in capital improvements, including fully remodeled interiors, upgraded plumbing and electrical systems, new subpanels, modern appliances, and extensive interior and exterior enhancements delivers a turnkey investment with minimal deferred maintenance. The property has 8 of 10 units remodeled as new and has future upside with renovations for 2 units and stabilization of the rents to market value. The price is supported by a conservative expense ratio and efficient management. A RUBS program is in place & tenants pay gas for hot water heater in units. The asset is not subject to local rent control, providing investors with flexibility to capture future rent growth in a strong and stable rental market. AB1482 State Rent Control only. Located just minutes from Riviera Village, tenants benefit from immediate access to premier dining, retail, and coastal amenities, as well as proximity to the Redondo Beach coastline, parks, and recreation. The property also offers convenient connectivity to Pacific Coast Highway and major South Bay employment centers, including Torrance, El Segundo, and the greater aerospace and technology corridor. Positioned within a high-income coastal community characterized by limited multifamily supply and strong historical appreciation, this offering presents a unique opportunity to acquire an irreplaceable asset with both stable in-place cash flow and long-term upside. Additional value-add potential exists through the possible conversion of two garage spaces into accessory dwelling units (ADUs). This is an ideal acquisition for investors seeking a high-quality, low-maintenance coastal asset in one of Southern California’s most supply-constrained and desirable rental markets.

Beds:
n/a
Baths:
Sq.Ft.:
2,546
Status:
Active
MLS#:
SB26077419
Type:
Triplex
Lot size:
0.23 Acres
Year built:
1909
Listed by Beach City Brokers Marco Asaro
View additional info

ADDITIONAL INFORMATION

Situated on a spacious corner lot, this is one of the most unique and special properties in South Redondo Beach. The property is comprised of three freestanding California bungalows, each featuring its own private yard—offering a rare blend of privacy and versatility. Ideal for owner-users, the setup provides the opportunity to live in one home while generating income from two highly desirable rental units. Investors will also appreciate the strong upside potential and flexibility this property offers. Conveniently located near shopping, fine dining, the Redondo Beach Pier, and some of the most beautiful coastline in the world, this is truly a one-of-a-kind opportunity in a premier beachside community.

Beds:
7
Baths:
3.00
Sq.Ft.:
2,766
Status:
Active
MLS#:
26684741
Type:
Cluster
Lot size:
0.17 Acres
Year built:
1957
Listed by Marcus & Millichap Jonathan Weir
View additional info

ADDITIONAL INFORMATION

We are pleased to present 2510 Carnegie Lane, a rare opportunity in the highly sought-after Redondo Beach market. This pride-of-ownership triplex is being offered for the first time in nearly three decades and features a fully renovated unit mix of spacious two- and three-bedroom units, each equipped with in-unit washer and dryer hookups - an increasingly rare amenity in the submarket. The property is well parked with a combination of garages and additional on-site spaces (3 garages + 4 uncovered parking spots), enhancing tenant appeal and long-term retention. With strong in-place operations and minimal deferred maintenance, investors are presented with a stabilized coastal asset in an irreplaceable location, supported by consistent tenant demand and long-term appreciation fundamentals. For more information, please reach out.

Beds:
24
Baths:
24.00
Sq.Ft.:
12,192
Status:
Active
MLS#:
26674141
Type:
Cluster
Lot size:
0.26 Acres
Year built:
1964
Listed by Shield CRE, Inc. Gianluca Jacoli
View additional info

ADDITIONAL INFORMATION

Located in South Redondo Beach, west of PCH, this exceptional coastal investment offers a rare opportunity to purchase a 12-unit apartment just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property consists of (12) 2-bedroom/1.75-bathroom units with spacious layouts, including four renovated units delivered vacant, allowing an investor to immediately capture market rents and drive income growth. The asset features strong in-place financials with a 4.35% current cap rate and 14.71 GRM, along with a projected 5.30% pro-forma cap rate and 12.79 GRM. This 11,364-SF asset is situated on a large 11,364-SF lot, which presents an attractive opportunity to add ADUs and further enhance returns. Additional highlights include 12 garages and an on-site laundry facility which is able to generate additional income. Furthermore, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With its prime coastal location, desirable unit mix with spacious layouts, rent current income and upside potential, and long-term appreciation, this offering represents a true generational asset in one of the South Bay's most desirable rental markets.

Beds:
n/a
Baths:
Sq.Ft.:
4,917
Status:
Active
MLS#:
SB26024708
Type:
Fourplex
Lot size:
0.17 Acres
Year built:
1973
Listed by Beach City Brokers Holly Kauffman
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
4,840
Status:
Active
MLS#:
OC26003145
Type:
Apartment
Lot size:
0.14 Acres
Year built:
1964
Listed by Kidder Mathews of California, Inc Jonathan Mitchell
View additional info

ADDITIONAL INFORMATION

***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

Beds:
n/a
Baths:
Sq.Ft.:
2,956
Status:
Active
MLS#:
SB25240356
Type:
Duplex
Lot size:
0.08 Acres
Year built:
1960
Listed by Daniel Conrad Rosen Daniel Rosen
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
7,584
Status:
Active
MLS#:
SB25228698
Type:
Apartment
Lot size:
0.35 Acres
Year built:
1951
Listed by Thompson Team Real Estate, Inc. Joseph Nuzzolo
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
6,778
Status:
Active
MLS#:
OC25063474
Type:
Mixed Use
Lot size:
0.16 Acres
Year built:
1958
Listed by Todd Lesko, Broker Todd Lesko
View additional info

ADDITIONAL INFORMATION

LOCATION! LOCATION! LOCATION! Perfectly situated one block east of the beaches and waters of the majestic Pacific Ocean and one block west of the galleries, boutiques, restaurants and other attractions of Redondo Beach’s bustling “Riviera Village” shopping district, 1716 Camino De La Costa offers investors tremendous economic upside in an unparalleled location. Featuring eight (8) 2-bedroom, 1-bath units and boasting an aggregate of approximately 6,778 square feet of living space on a lot of approximately 6,764 square feet, as well as eight (8) semi-subterranean on-site parking garages, the property’s historically low vacancy rates are a testament to both its own desirability as well as the strength of the South Redondo Beach rental market in general. At 100% occupancy at the time of listing with all tenants on month-to-month leases at below market rental rates, this property will provide an investor with the opportunity to realize both the immediate income and stability offered by a fully leased asset, as well as the flexibility and potential economic benefits presented by its short-term tenancies.

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.



Redondo Beach Real Estate

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.

Redondo Beach Weather

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.

Redondo Beach Map

Redondo Beach Real Estate Market Conditions

  • Median sales price

    $1,555,555
    16%
    change since last quarter
  • # Active listings

    204
    30-day change

Redondo Beach Schools and Demographics

Education near Redondo Beach, CA

City County
High School Graduates 96.43 80.04
College Degree - 2 year 6.88 7.04
College Degree - 4 year 64.68 34.04
Graduate Degree 17.76 8
Expenditures per Student 17,429 17,429
Students per Teacher 21.9 21.9

Elementary Schools near Redondo Beach, CA

Grades Students P/T Ratio ZIP
Alta Vista Elementary School KG - 05 645 24.8 90277
Anza Elementary School KG - 05 636 26.5 90503
Beryl Heights Elementary School KG - 05 477 25.1 90277
Birney Elementary School KG - 05 451 25.1 90278
Fern Elementary School KG - 05 577 26.2 90503
Hermosa Valley Elementary School 03 - 08 991 23.8 90254
Hermosa View Elementary School KG - 02 485 23.1 90254
Hickory Elementary School KG - 05 913 25.4 90505
Jefferson Elementary School KG - 05 653 25.1 90278
Joseph Arnold Elementary School KG - 05 733 25.2 90505
Lincoln Elementary School KG - 06 579 23.2 90278
Madison Elementary School KG - 05 451 25.1 90278
Riviera Elementary School KG - 05 645 26.6 90505
Seaside Elementary School KG - 05 603 26.1 90505
Towers Elementary School KG - 05 615 26.7 90503
Tulita Elementary School KG - 05 528 25.1 90277
Victor Elementary School KG - 05 978 25.7 90503
Walteria Elementary School KG - 05 657 27.2 90505
Washington Elementary School KG - 05 725 25 90278

Middle Schools near Redondo Beach, CA

Grades Students P/T Ratio ZIP
Adams Middle School 06 - 08 982 30.1 90278
Bert M. Lynn Middle 06 - 08 773 27 90503
Calle Mayor Middle School 06 - 08 770 26 90505
Edward J. Richardson Middle 06 - 08 691 26.9 90505
Jefferson Middle School 06 - 08 585 26.8 90503
Madrona Middle School 06 - 08 690 28.1 90503
Parras (Nick G.) Middle 06 - 08 1,097 29.5 90277

High Schools near Redondo Beach, CA

Grades Students P/T Ratio ZIP
Redondo Union High School 09 - 12 2,658 25.9 90277
South High School 09 - 12 2,132 24 90505
West High School 09 - 12 2,088 26.2 90503

Ungraded Schools near Redondo Beach, CA

Grades Students P/T Ratio ZIP
* Redondo Beach Learning Academy 09 - 12 10 2.7 90277
* Redondo Shores High (Continuation) School 09 - 12 70 15.8 90277
Launch Preschool UG - UG 0 90505

Demographics near Redondo Beach, CA

City County
Neighborhood Type Inner City
Population 70,998 10,019,635
Population Density 11,455 2,469
Median Age 39.8 37
People per Household 2.5 2.9
Median Household Income 123,874 76,367
Average Income per Capita 67,466 37,924

Real estate near Redondo Beach