$4,175,000
$75K PRICE DROP

Estimated payment $25,131/month

Total Views 6,048
14 Beds
12 Baths
6,117 Sq Ft
$683 Price per Sq Ft

About This Home

We are pleased to present this turnkey 6 unit apartment community located in the heart of Redondo Beach. This asset comprises an attractive extra-large unit mix of two 3-Bed/2-Bath & four 2-Bed/2-Bath apartments. The entire property has been professionally designed, upgraded, and permitted, including upgrade of the electrical, plumbing and sewer systems, new windows, kitchens, bathrooms, flooring, etc. Lease-up produced fantastic and quick results with zero vacancies remaining. These apartments lease FAST due to exquisite exterior and interior design and amenities. Four of the units have private patios and balconies! Extremely walkable neighborhood with restaurants, markets, breweries and local retail up-and-down surrounding blocks. NO LOCAL RENT CONTROL - subject only to AB 1482. Note the 3 bedroom units function accordingly but may be designated as 2-bedrooms on the C of O. Buyer to verify.

Listing Agent

Noam Srolovitz

Kape Property Management, Inc. License #02069623 Listed on: 05/27/2025

Co-Listing Agent

Benjamin Lester

Kape Property Management, Inc. License #02033314

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,123

Year Built

  • Built in 1969

Lot Details

  • 7,497 Sq Ft Lot

Interior Spaces

  • 6,117 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 12 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • Tandem Parking
  • On-Street Parking
  • Assigned Parking

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 4082-003-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,123

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 6117
  • Lot Acreage: 0.1721
  • Stories: 2
  • Year Built: 1969
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 12.00
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 682.52

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, On street, Tandem
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Combination

Lot Info

  • Assessor Parcel Number: 4082-003-010
  • Lot Size Area: 7497

Rental Info

  • Total Actual Rent: 273300.00
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 15.27
  • Number Of Units: 6
  • Total Annual Expense: 74063
  • Type Of Units: Standard
  • Vacancy Rate: 0

Map

Range of Values:

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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 $29,123 $2,547,960 $1,591,812 $956,148
2024 $29,123 $2,498,000 $1,560,600 $937,400
2023 $28,373 $2,449,020 $1,530,000 $919,020
2022 $3,689 $198,868 $55,651 $143,217
2021 $3,612 $194,969 $54,560 $140,409
2019 $3,555 $189,189 $52,943 $136,246
2018 $3,347 $185,480 $51,905 $133,575
2016 $3,198 $178,280 $49,891 $128,389
2015 $3,148 $175,603 $49,142 $126,461
2014 $3,139 $172,164 $48,180 $123,984
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Price Changed $4,175,000 -0.6% $683 / Sq Ft
07/09/2025 07/09/25 Price Changed $4,200,000 -1.2% $687 / Sq Ft
05/27/2025 05/27/25 For Sale $4,250,000 -- $695 / Sq Ft
Source: The MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,560,000 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 25541807

The MLS

APN: 4082-003-010