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319 N Gertruda Ave, Redondo Beach
$1,770,000
4 Beds ⋅ 5 Baths ⋅ SOLD Status
319 N. Gertruda Avenue presents a compelling opportunity to acquire a charming multifamily asset in the heart of South Redondo Beach. Ideally situated within a few blocks of the Redondo Beach Pier, King Harbor, and the Pacific Ocean, the property offers tenants an exceptional coastal lifestyle with convenient access to the beach, Riviera Village, Pacific Coast Highway, local cafs, restaurants, and everyday amenities. Positioned on a sizable 5,724-SF lot, the property is comprised of (4) 1-bedroom/1-bathroom units and a detached studio/1-bathroom unit that will be delivered vacant. The character-rich residences feature hardwood floors, crown molding, and classic architectural details that contribute to the property's timeless appeal.From an investment perspective, the asset offers strong in-place income with meaningful rental upside, featuring a 5.24% current cap rate and 13.78 GRM with the potential to achieve a 6.09% pro-forma cap rate and 12.22 GRM. The property is enrolled in the Mills Act program, providing significant property tax savings that enhance cash flow and long-term returns, and is not subject to local rent control, defaulting instead to AB 1482. Priced at only $330,000 per unit, the offering presents exceptional intrinsic value along with potential opportunity to add ADU(s), subject to buyer verification of zoning, feasibility, and permitting requirements.

319 N Gertruda Ave, Redondo Beach

Courtesy of Shield CRE, Inc., Gianluca Jacoli - CA DRE#01938297 Selling Office: .

200 S Juanita Ave, Redondo Beach
$1,750,000
3 Beds ⋅ 3 Baths ⋅ SOLD Status ⋅ other BLDG.
This standalone 3 bed, 3 bath home offers 2,242 square feet of coastal living in the heart of South Redondo. Set on a prime corner lot, this fully detached residence offers a rare level of privacy, separation, and natural light that elevates it beyond the typical two-on-a-lot design. Natural light pours in from multiple sources, enhanced by vaulted ceilings and dual-pane windows that capture some of the best cross-breezes in the South Bay. Designed for both entertaining and everyday flow, the home features two distinct living spaces. The lower level offers a formal living room with fireplace and a built-in bar area; warm, stylish, and perfect for hosting. Upstairs, a second living room sits just off the remodeled kitchen and transitions seamlessly into the dining area, creating an open, modern gathering space that feels effortless and connected. The kitchen showcases quartz countertops with the refined look of Carrera marble and stainless steel appliances. Oversized bedrooms include walk-in closets, and the primary suite feels like a true retreat with a spa-style bath, dual vanities, and a separate soaking tub. An upstairs balcony invites in the ocean air and extends the living space outdoors. Private yard and patio space, a large landscaped front yard on the corner lot, generous indoor storage, and an oversized garage provide the function and flexibility that make everyday beach living easy. Polished. Relaxed. South Redondo done right.

200 S Juanita Ave, Redondo Beach

Courtesy of Ritz Properties, Inc., Benjamin Foster - CA DRE#01327409 Selling Office: .

213 S Francisca Ave, Redondo Beach
$1,675,000
6 Beds ⋅ 5 Baths ⋅ SOLD Status
Welcome to an unparalleled opportunity in South Redondo Beach, where coastal living meets smart investment! Just four blocks from the sandy shores, this exceptional stand-alone house with three additional units in the back is the ultimate owner-user or passive income property, blending the charm of beachside life with robust financial potential. The front unit is spacious 2-bedroom, 1.75-bathroom house featuring a private front yard - your perfect coastal retreat -while the other units, including a 2-bedroom/1-bathroom, a non-conforming 1-bedroom/1-bathroom (with potential for a future ADU buildout), and a studio/1-bathroom with a private backyard, generate strong rental income. The non-conforming 1-bedroom unit is being delivered vacant. Boasting a 4.89% current cap rate and 14.53 GRM, with a pro-forma cap rate of 6.29% for future growth, this cash-flowing gem operates under the favorable AB 1482 rent control, avoiding restrictive LA regulations for flexibility and long-term stability. Nestled on a large lot, the property offers ample outdoor space for parking, storage, and common areas, ideal for relaxing, hosting BBQs, or exploring enhancements to boost value. Located in a premier South Redondo Beach neighborhood, you're just a short stroll from the iconic Redondo Beach Pier, vibrant King Harbor, and serene Torrance Beach, where morning coastal walks and sunset dinners become your everyday reality. Qualifying for residential financing, this property is accessible for owner-users eager to plant roots in one of Southern California's most coveted coastal communities. Whether you're an owner-user dreaming of a beachside lifestyle or a passive investor seeking steady returns, this generational asset delivers unmatched value-add potential. The expansive lot and versatile unit mix provide opportunities for future growth, such as enhancing outdoor spaces or capitalizing on the non-conforming unit's ADU potential, ensuring this property remains a wealth-building cornerstone for years to come. Imagine sipping coffee in your private front yard, hearing the distant waves, while your investment works for you with immediate returns and long-term appreciation. South Redondo Beach's laid-back vibe, coupled with its proximity to dining, entertainment, and outdoor adventures, makes this location a true coastal paradise. Don't miss your chance to own a piece of this sought-after community, where lifestyle and income converge seamlessly. Act now - this rare blend of prime location, strong income, and future potential won't last long in South Redondo Beach's competitive market!

213 S Francisca Ave, Redondo Beach

Courtesy of Shield CRE, Inc., Gianluca Jacoli - CA DRE#01938297 Selling Office: .

228 S Irena Ave Unit E, Redondo Beach
$1,100,000
2 Beds ⋅ 3 Baths ⋅ SOLD Status ⋅ Woodstock BLDG.
Experience coastal living in this light-filled, end-unit South Redondo Beach townhouse offering two bedrooms, two bathrooms, a versatile bonus room ( not included in square footage), and a two-car garage. Sharing only one wall, the home features soaring vaulted ceilings and an open, spacious layout filled with natural light.The updated kitchen includes granite countertops and stainless steel appliances, while the generously sized primary suite provides ample room for a private sitting or workspace area. The expansive living room opens to a private balcony with peek-a-boo ocean views and overlooks the outdoor area below.The bonus room offers flexible space for a home office, fitness room, media room, or hobby area. Conveniently located near the Redondo Beach Pier, beaches, shopping, dining, Pacific Coast Highway, Torrance Boulevard, and award winning schools.

228 S Irena Ave Unit E, Redondo Beach

Courtesy of West Shores Realty, Inc., Cynthia Carvel - CA DRE#01906602 Selling Office: .

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