$4,750,000

Estimated payment $27,386/month

18 Beds
11 Baths
6,636 Sq Ft
$716 Price per Sq Ft

Highlights

  • Air Conditioning
  • Central Heating
  • 4-minute walk to Gregg Parkette
  • Jefferson Elementary School Rated A+
  • Ceiling Fan

About This Home

We are pleased to present this turnkey 7-unit apartment community located in the highly desirable North Redondo Beach area. This asset comprises an extra-large unit mix with four 3-Bed/2-Baths & three 2-Bed/1-Baths. The property has been substantially upgraded, including plumbing, electric (main panel, subpanels), kitchens, bathrooms, windows, exterior paint and lighting, landscaping, and outdoor spaces and more. Large building (6,636ft) and lot size (7,505ft). With all units having been remodeled and upgrades, the property is very easy to manage and upkeep should be at a minimum. The front unit (Unit A) is an incredible owners unit with its own private yard with mature citrus trees. 5 of the 7 units are occupied by qualified, long-term, at-market tenants while the last 2 are being marketed for lease (both have approved applications). NO LOCAL RENT Control subject to only AB 1482. A true turnkey asset and easy to secure quality insurance based on key upgrades to electrical and other infrastructure that are carrier-sensitive. Extremely walkable neighborhood, with restaurants, markets, breweries and local retail up-and-down surrounding blocks.

Listing Agent

Noam Srolovitz

Kape Property Management, Inc. License #02069623 Listed on: 06/02/2026

Co-Listing Agent

Benjamin Lester

Kape Property Management, Inc. License #02033314

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,505 Sq Ft Lot

Home Design

Interior Spaces

  • 6,636 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 11 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Site Parking
  • Assigned Parking

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 7 Units

Property Details

Home Type

Multi-Family

Lot Details

7,505 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6636
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Total Bathrooms: 11.00
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer, Dishwasher, Ceiling Fan, Microwave
  • Price Per S Q F T: 715.79

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, On street, Offsite
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s), Air Conditioning
  • Heating: Wall, Combination, Central

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Lot Size Area: 7505

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 14.83
  • Number Of Units: 7
  • Type Of Units: Apartment

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,129 $2,193,000 $1,535,100 $657,900
2024 $25,006 $2,150,000 $1,505,000 $645,000
2023 $6,337 $448,057 $173,854 $274,203
2022 $6,258 $439,273 $170,446 $268,827
2021 $6,124 $430,660 $167,104 $263,556
2019 $6,017 $417,889 $162,149 $255,740
2018 $5,765 $409,696 $158,970 $250,726
2016 $5,559 $393,789 $152,798 $240,991
2015 $5,463 $387,875 $150,503 $237,372
2014 $5,419 $380,278 $147,555 $232,723
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2026 06/02/26 For Sale $4,750,000 +120.9% $716 / Sq Ft
12/22/2023 12/22/23 Sold $2,150,000 +7.8% $612 / Sq Ft View Prior Sale
11/10/2023 11/10/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $1,995,000 -7.2% $568 / Sq Ft
07/28/2023 07/28/23 Off Market $2,150,000 -- --
07/26/2023 07/26/23 For Sale $1,995,000 -- $568 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,150,000 First American Title
Source: Public Records

Source: The MLS

MLS Number: 26841337

The MLS

APN: 4159-002-016

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