$2,175,000

Estimated payment $13,073/month

12 Beds
8 Baths
4,500 Sq Ft
$483 Price per Sq Ft

Highlights

  • Property is near park and public transit
  • Granite Countertops
  • Tile Flooring
  • Corner Lot
  • Neighborhood Views
  • Laundry Facilities

About This Home

Exceptional investment opportunity in desirable North Redondo Beach! This well-located fourplex is ideally situated just minutes from the South Bay's renowned beaches, The Strand, Redondo Beach Pier, Hermosa Beach, and Manhattan Beach. Residents enjoy convenient access to a wide variety of shopping, restaurants, coffee shops, parks, and everyday amenities. The property offers excellent commuter access to major freeways and is just a short drive from LAX and many of the region's major employment centers. Located within the highly regarded Redondo Beach Unified School District, this prime location continues to attract strong rental demand from those seeking the best of South Bay coastal living. Whether you're expanding your investment portfolio or seeking a well-positioned income property, this fourplex offers an outstanding opportunity in one of the South Bay's most sought-after rental markets. Buyer to verify all information and satisfy themselves regarding property condition, schools, zoning, permits, and all other matters affecting the property.

Listing Agent

Gary Smallwood

Smallwood Real Estate & Investments Brokerage Phone: 310 429-2140 License #00776733 Listed on: 08/03/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 6,727 Sq Ft Lot
  • Two or More Common Walls
  • East Facing Home
  • Corner Lot
  • Rectangular Lot
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Granite Countertops

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 8 Parking Spaces
  • 7 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park and public transit

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 1 / 9
  • Tax Tract Number 8060
  • Assessor Parcel Number 4153030047
  • $1,674 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $2,000
  • Fuel Expense $700
  • Gardener Expense $1,200
  • Insurance Expense $3,300
  • Maintenance Expense $2,067
  • Professional Management Expense $8,187
  • Trash Expense $1,260
  • Water Sewer Expense $1,500
  • New Taxes Expense $13,559
  • Operating Expense $33,773
  • Gross Income $135,600
  • Net Operating Income $101,827

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

6,727 Sq Ft Lot

Listing Details

  • Professional Management Expense: 8187.00
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4153030047
  • Year Built: 1984
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 483.33

Exterior Features

  • Direction Faces: East
  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Trash Expense: 1260.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Curbs, Street Lights, Storm Drains, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999, Rectangular Lot, Near Public Transit, Park Nearby, 2-5 Units/Acre, Walkstreet
  • Lot Size Sq Ft: 6727.00
  • Lot Size Acres: 0.1544

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Electric Expense: 2000.00
  • Fuel Expense: 700.00
  • Gross Income: 135600.00
  • Gross Scheduled Income: 135600.00
  • Insurance Expense: 3300.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 120.00
  • Lot Size Area: 6727.0000 Square Feet
  • Maintenance Expense: 2067.00
  • Net Operating Income: 101827.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 33773.00
  • Rent Control: No
  • Total Actual Rent: 11300.00
  • Total Expenses: 33773.00

Tax Info

  • New Taxes Expense: 13559.00
  • Tax Block: 9
  • Tax Lot: 1
  • Tax Tract Number: 8060
  • TaxOtherAnnualAssessmentAmount: 1674.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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 $13,565 $1,059,202 $540,680 $518,522
2024 $12,953 $1,038,434 $530,079 $508,355
2023 $12,727 $1,018,074 $519,686 $498,388
2022 $12,562 $998,113 $509,497 $488,616
2021 $12,273 $978,543 $499,507 $479,036
2019 $12,046 $949,522 $484,693 $464,829
2018 $11,702 $930,905 $475,190 $455,715
2016 $11,317 $894,759 $456,739 $438,020
2015 $11,115 $881,320 $449,879 $431,441
2014 $10,987 $864,057 $441,067 $422,990
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
08/03/2026 08/03/26 For Sale $2,175,000 0.0% $483 / Sq Ft
05/10/2021 05/10/21 Rented $2,450 0.0% --
03/12/2021 03/12/21 For Rent $2,450 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $717,000 --
Grant Deed $587,500 Commonwealth Title
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Closed -- Credit Line Revolving
Open $50,000 Credit Line Revolving
Closed $33,000 Credit Line Revolving
Closed $450,000 No Value Available
Previous Owner $440,625 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB26169610

California Regional Multiple Listing Service (CRMLS)

APN: 4153-030-047

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