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$ 1,985,000
Est. payment | /mo
9 Beds
7,507 Acres Lot
$ 1,985,000
Est. payment | /mo
9 Beds
7,507 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25228942
Bedrooms 9
Lot Size 7507.000 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Rare North Redondo Beach Multifamily Investment Opportunity An exceptional four-unit multifamily asset has just become available in one of Redondo Beachs most sought-after neighborhoods a property that hasnt been on the market in decades. Unit Mix: One freestanding 3-bedroom, 1-bath home with private yard, washer/dryer hookups in unit, engineered hardwood floors and so much more. Three 2-bedroom, 1-bath units, each featuring engineered hardwood floors, washer/dryer hookups in units (lower unit has a private yard). Highlights: All units are well-maintained, thoughtfully upgraded and have great rentability. Strong tenant appeal with in-unit laundry, outdoor spaces, garages, and engineered hardwood flooring. Ample street and nearby parking. Long-term ownership with pride of care. Market Drivers: Located in North Redondo Beach, one of the most desirable rental submarkets in the South Bay. Historically low vacancy rates, ensuring consistent rental demand. A short drive to beaches, restaurants, freeways, tech corridors, and major employment hubs. Rare combination of stable cash flow and long-term appreciation potential. With decades since its last sale, this is a once-in-a-generation opportunity to secure a cornerstone multifamily asset in one of Southern Californias strongest rental markets. Unit C will be delivered Vacant and will be vacated by 10/31/2025.
Location
State CA
County Los Angeles
Zoning Assessor
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4082003019
Acceptable Financing Cash, Conventional, Land Contract
Listing Terms Cash, Conventional, Land Contract
Listed by Teresa Workman Teresa Workman
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”