$2,350,000
$50K PRICE DROP

2615 Curtis Ave Redondo Beach, CA 90278

North Redondo Beach Neighborhood

Estimated payment $15,217/month

Total Views 6,071
10 Beds
9 Baths
5,088 Sq Ft
$462 Price per Sq Ft

About This Home

2615 Curtis Ave, Redondo Beach, CA 90278, is ideally
positioned in one of the South Bay’s most sought-after
neighborhoods. Redondo Beach is renowned for its vibrant
coastal lifestyle, top-rated schools, and strong sense of
community, all while offering quick access to major
employment centers and the beach. The area remains
exceptional with homes selling quickly and at premium prices,
reflecting ongoing demand for quality multifamily assets
Current Cap Rate of 4.96% and a rare 76% rental upside, new
ownership can capitalize on significant income growth by
bringing rents to market levels, far outperforming typical area
returns. This exclusive offering features (4) four spacious
Townhome-style units, (4) 2-Bed / 1.25-Ba, (1) 2-Bed / 1-Ba &
total 5,088 SF of living space. Priced at a highly
competitive $461 per RSF—well valued in contrast to local
median—this property delivers immediate value
Investors and Owner/Users will appreciate the property’s
appeal and the exceptional fundamentals of Redondo
Beach’s housing market, where the median price per square
foot is $659 and properties routinely attract multiple offers.
This is a prime opportunity to secure a stable, appreciating
asset with substantial cash flow growth in a high-demand
coastal enclave

Listing Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 06/25/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listing Agent

Chris Bald

Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #01909867

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 7,501 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 5,088 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 20 / 7
  • Tax Tract Number 2
  • Assessor Parcel Number 4153026019
  • $2,116 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • Rent Control
  • Operating Expense $41,033
  • Gross Income $157,682
  • Net Operating Income $116,649

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Parking

5

Listing Details

  • CapRate: 4.96
  • Price Per Unit: 470000
  • Property Attached: Yes
  • Zoning: RBR-3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4153026019
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 461.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Income: 157682.00
  • Gross Scheduled Income: 162559.00
  • Lot Size Area: 7501.0000 Square Feet
  • Net Operating Income: 116649.00
  • Number Of Units Total: 5
  • Operating Expense: 41033.00
  • Rent Control: Yes
  • Total Expenses: 41033.00

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 6205.21
  • Tax Lot: 20
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 2116.00

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $2,350,000 -2.1% $462 / Sq Ft
06/25/2025 06/25/25 For Sale $2,400,000 -- $472 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25142167

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Redondo Beach 90278 North Redondo Beach

2615 Curtis Ave, Redondo Beach, CA

This home is located at 2615 Curtis Ave, Redondo Beach, CA 90278 and is currently priced at $2,350,000, approximately $461 per square foot. This property was built in 1972. 2615 Curtis Ave is a home located in Los Angeles County with nearby schools including Madison Elementary School, Adams Middle School, and Redondo Union High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Cameron Samimi
Listing Agent
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Lyon Stahl Investment Real Estate, Inc.
(310) 388-3947