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$2,499,000
Est. payment /mo
3,708 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,708 sqft
Price per Sqft $673
MLS Listing ID CRSB25082617
HOA Y/N No
Year Built 1956
Lot Size 9,617 Sqft
Acres 0.22
Property Sub-Type Other
Property Description
Thompson Team Real Estate is proud to offer this rare opportunity to own a meticulously maintained 5-unit apartment complex located in the heart of Redondo Beach—one of Los Angeles' most sought-after beach communities. This trophy asset consists of three separate buildings and offers a desirable unit mix of spacious 1- 2-bedroom, 1-bath unit and 4 1 bedroom, 1 bath units each with excellent natural light and functional layouts. Each unit is paired with its own single-car garage space (5 total), providing valuable off-street parking. The property is professionally managed, fully occupied, and enjoys exceptionally low tenant turnover, making it a stable and reliable investment. Situated in an area known for its award-winning schools, walkability, and close proximity to the beach, shopping, dining, and major employment centers, this property offers strong long-term fundamentals. With some rental upside and low annual operating expenses, this is a prime value-add opportunity for investors seeking growth in a premier coastal location. Don’t miss the chance to own a rare, turn-key asset in a high-demand rental market.
Location
State CA
County Los Angeles
Zoning RBR-
Interior
Fireplace No
Laundry See Remarks
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 4157003025
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Joseph Nuzzolo • Thompson Team Real Estate, Inc.