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Located in South Redondo Beach, west of PCH, this exceptional coastal investment offers a rare opportunity to purchase a 12-unit apartment just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property consists of (12) 2-bedroom/1.75-bathroom units with spacious layouts, including four renovated units delivered vacant, allowing an investor to immediately capture market rents and drive income growth. The asset features strong in-place financials with a 4.35% current cap rate and 14.71 GRM, along with a projected 5.30% pro-forma cap rate and 12.79 GRM. This 11,364-SF asset is situated on a large 11,364-SF lot, which presents an attractive opportunity to add ADUs and further enhance returns. Additional highlights include 12 garages and an on-site laundry facility which is able to generate additional income. Furthermore, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With its prime coastal location, desirable unit mix with spacious layouts, rent current income and upside potential, and long-term appreciation, this offering represents a true generational asset in one of the South Bay's most desirable rental markets.

24 Beds ⋅ 24 Baths ⋅ SOLD Status

Located in South Redondo Beach, west of PCH, this exceptional coastal investment offers a rare opportunity to purchase a 12-unit apartment just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property consists of (12) 2-bedroom/1.75-bathroom units with spacious layouts, including four renovated units delivered vacant, allowing an investor to immediately capture market rents and drive income growth. The asset features strong in-place financials with a 4.35% current cap rate and 14.71 GRM, along with a projected 5.30% pro-forma cap rate and 12.79 GRM. This 11,364-SF asset is situated on a large 11,364-SF lot, which presents an attractive opportunity to add ADUs and further enhance returns. Additional highlights include 12 garages and an on-site laundry facility which is able to generate additional income. Furthermore, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With its prime coastal location, desirable unit mix with spacious layouts, rent current income and upside potential, and long-term appreciation, this offering represents a true generational asset in one of the South Bay's most desirable rental markets.

525 N Francisca Ave, Redondo Beach

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

$1,845,000

Charming Beach Retreat Just Two Blocks from the Ocean! Welcome to 713 South Broadway, a delightful 3-bedroom, 2-bathroom beach cottage nestled in the heart of Redondo Beach. This two-level home offers the perfect blend of coastal charm and modern convenience, all within close proximity to the sand, surf, and vibrant local attractions. Step inside to discover warm hardwood floors that flow throughout the spacious living areas, creating a cozy and inviting atmosphere. The home's enchanting landscaping and garden-like setting evoke the tranquility of a rainforest, offering a peaceful retreat from the hustle and bustle of daily life. Enjoy morning coffee or evening sunsets from the large front porch, perfect for relaxing or entertaining guests. The extra-wide street adds to the serene ambiance and provides ample parking, complemented by a private two-car garage and long driveway for added convenience. Located just minutes from the Redondo Beach Pier, this home places you nearby award-winning restaurants, boutique shopping, lively entertainment, and beautiful parks. You will appreciate being within the highly acclaimed Redondo Beach School District, known for its top-tier education. Whether you're looking for a full-time residence or a weekend getaway, this property offers INCREDIBLE UPSIDE POTENTIAL in one of Southern California's most desirable beach communities. Don't miss your chance to own a slice of paradise in Redondo Beach!

3 Beds ⋅ 2 Baths ⋅ SOLD Status

Charming Beach Retreat Just Two Blocks from the Ocean! Welcome to 713 South Broadway, a delightful 3-bedroom, 2-bathroom beach cottage nestled in the heart of Redondo Beach. This two-level home offers the perfect blend of coastal charm and modern convenience, all within close proximity to the sand, surf, and vibrant local attractions. Step inside to discover warm hardwood floors that flow throughout the spacious living areas, creating a cozy and inviting atmosphere. The home's enchanting landscaping and garden-like setting evoke the tranquility of a rainforest, offering a peaceful retreat from the hustle and bustle of daily life. Enjoy morning coffee or evening sunsets from the large front porch, perfect for relaxing or entertaining guests. The extra-wide street adds to the serene ambiance and provides ample parking, complemented by a private two-car garage and long driveway for added convenience. Located just minutes from the Redondo Beach Pier, this home places you nearby award-winning restaurants, boutique shopping, lively entertainment, and beautiful parks. You will appreciate being within the highly acclaimed Redondo Beach School District, known for its top-tier education. Whether you're looking for a full-time residence or a weekend getaway, this property offers INCREDIBLE UPSIDE POTENTIAL in one of Southern California's most desirable beach communities. Don't miss your chance to own a slice of paradise in Redondo Beach!

713 S Broadway, Redondo Beach

Courtesy of WILSHIRE REAL ESTATE, Glenn David Thompson - CA DRE#01749796 Selling Office: .

$1,160,000

Two-story penthouse with a private ocean-view deck, set along the Esplanade, Redondo Beach's most coveted stretch of coastline. A front-row seat to the ocean air and the quiet luxury of life at the water's edge. This rare three-bedroom, two-bath top-floor residence combines function with a timeless coastal aesthetic. The building's special assessment has already been paid in full, ensuring peace of mind for the next owner. Easily reached by the building's elevator from either the lobby or upper garage, the home includes two side-by-side parking spaces and an in-unit laundry closet with full-size machines. Both lower bedrooms feature en-suite baths, ideal for privacy and guests. The primary suite opens to a second balcony and offers two closets, including a generous walk-in. The guest bedroom includes a versatile bonus loft, while the upper third bedroom features a large closet and direct access to the private ocean-view deck, a true sanctuary of light, air, and tranquility. There's an atmosphere to this home that defies description; it has to be experienced to be understood.

3 Beds ⋅ 2 Baths ⋅ SOLD Status ⋅ San Simeon BLDG.

Two-story penthouse with a private ocean-view deck, set along the Esplanade, Redondo Beach's most coveted stretch of coastline. A front-row seat to the ocean air and the quiet luxury of life at the water's edge. This rare three-bedroom, two-bath top-floor residence combines function with a timeless coastal aesthetic. The building's special assessment has already been paid in full, ensuring peace of mind for the next owner. Easily reached by the building's elevator from either the lobby or upper garage, the home includes two side-by-side parking spaces and an in-unit laundry closet with full-size machines. Both lower bedrooms feature en-suite baths, ideal for privacy and guests. The primary suite opens to a second balcony and offers two closets, including a generous walk-in. The guest bedroom includes a versatile bonus loft, while the upper third bedroom features a large closet and direct access to the private ocean-view deck, a true sanctuary of light, air, and tranquility. There's an atmosphere to this home that defies description; it has to be experienced to be understood.

625 Esplanade Unit 63, Redondo Beach

Courtesy of Berkshire Hathaway HomeServices California Propert, Matias Baker Masucci - CA DRE#02054763 Selling Office: .

100 S Catalina Ave Unit A, Redondo Beach

$1,035,000

Tucked away in a well-established community walking distance from the beach, this condominium is being offered as part of a probate sale and presents an exceptional value for a buyer ready to see its potential. The property is being sold AS IS!! No repairs, credits, or warranties will be provided by the seller. Buyer to conduct all due diligence regarding condition, permits, and square footage. This is an excellent opportunity for investors or end user buyers looking to customize a property to their own vision.

3 Beds ⋅ 3 Baths ⋅ SOLD Status ⋅ NA BLDG.

Tucked away in a well-established community walking distance from the beach, this condominium is being offered as part of a probate sale and presents an exceptional value for a buyer ready to see its potential. The property is being sold AS IS!! No repairs, credits, or warranties will be provided by the seller. Buyer to conduct all due diligence regarding condition, permits, and square footage. This is an excellent opportunity for investors or end user buyers looking to customize a property to their own vision.

100 S Catalina Ave Unit A, Redondo Beach

Courtesy of The Agency, Marcus Morgan - CA DRE#02118409 Selling Office: .

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