$2,250,000

Residential Income In Redondo Beach

8 Beds
7 Baths
4,285 Sqft
7,492 Sqft lot

Updated: October 8
Source:
The MLS (CLAW) MLS#26997087

About the Property

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 o

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. Scheduled as-is income of $152,400 per year ($12,700/month) at lease-up, a 4.66% cap rate and 14.76 GRM, with a 5.12% pro-forma cap and 13.79 pro-forma GRM (post renovation). 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.

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Property type

Other
Floors

2
Year built

1969
Price/sqft

$525

Features

Garage
Garden
Water View
Fire Pit
Air Conditioning
Outdoor Living Space
Gas Stovetop
Washer Dryer
Laundry Room

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2107 Voorhees Avenue, Torrance, California, United States View on Google Maps

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Shield CRE, Inc. - Santa Monica

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Shield CRE, Inc. - Santa Monica

California, United States

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12

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2025

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Shield CRE, Inc. - Santa Monica

Santa Monica, California, United States

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Last updated

October 8

First listed

October 6

Listing reference

26997087

Listing status

The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Residential Income In Redondo Beach

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Residential Income In Redondo Beach

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