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.
Don't miss out on this incredible mixed-use investment opportunity in the heart of South Redondo Beach! This property features a front retail unit with excellent visibility on the major thoroughfare of Pacific Coast Highway, plus four spacious 2-bedroom, 1-bath apartment units in the back. Each apartment comes with its own laundry hook-ups and a 1-car garage with an electric door opener. Enjoy the added convenience of new EV car chargers in all garages and recently replaced roofs for peace of mind. The 2-bedroom house with a private patio is the perfect bonus for extra income or owner-occupancy. Located just 5 blocks from the Pacific Ocean and less than a mile from the vibrant Riviera Village and Redondo Beach Pier, this property offers both a prime location and huge potential. With NO LA City rent control, this is the perfect opportunity to maximize your investment in one of California's most desirable coastal communities!
Don't miss out on this incredible mixed-use investment opportunity in the heart of South Redondo Beach! This property features a front retail unit with excellent visibility on the major thoroughfare of Pacific Coast Highway, plus four spacious 2-bedroom, 1-bath apartment units in the back. Each apartment comes with its own laundry hook-ups and a 1-car garage with an electric door opener. Enjoy the added convenience of new EV car chargers in all garages and recently replaced roofs for peace of mind. The 2-bedroom house with a private patio is the perfect bonus for extra income or owner-occupancy. Located just 5 blocks from the Pacific Ocean and less than a mile from the vibrant Riviera Village and Redondo Beach Pier, this property offers both a prime location and huge potential. With NO LA City rent control, this is the perfect opportunity to maximize your investment in one of California's most desirable coastal communities!
This versatile 4-unit property offers an incredible opportunity for both owner-users and investors. The front unit, a spacious 3-bedroom residence, making it perfect for immediate occupancy or market-rate rental potential. The remaining three units are generously sized 1-bedroom apartments, each with a single-car garage for added convenience. The property features additional parking and storage, along with a rear area that offers potential for an ADU, enhancing its long-term value and rental potential. Situated just blocks from Hermosa Beach and centrally located to everything Redondo Beach has to offer, this property provides a coveted coastal lifestyle. With significant rental upside and a location that combines convenience and charm, this is a rare find in one of the most desirable beachside communities. Don't miss this opportunity to invest in a prime location with endless possibilities!
Prime South Redondo Beach Location just blocks from the Redondo Beach Pier and Harbor. This 7,534 sq ft property sits West of Pacific Coast Highway offering 4 - 1 bedroom 1 bathroom units in the front building and 2 - 1 bedroom 1 bathroom free standing cottages. There is tremendous upside potential with rent increases to market rents as well as potential for an ADU. The property also offers 4 single car garages. Owner has completed upgrades including a new roof installation which is in process. Current CAP rate of 3.4% with $157,740 Gross annual income. Huge upside with Pro forma income of $200,520 would bring the CAP rate to 4.7%. Great opportunity to own a prime location building with huge future upside.
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 median home value in Redondo Beach, CA is $1,322,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Redondo Beach, CA is $1,322,500. Approximately 49.13% of Redondo Beach homes are owned, compared to 43.65% rented, while 7.22% are vacant. Redondo Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Redondo Beach real estate agent to arrange a tour today!
Redondo Beach, California 90277 has a population of 70,998. Redondo Beach 90277 is more family-centric than the surrounding county with 38.93% 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 90277 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 90277 is 39.8 years.
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.