$2,200,000
SOLD SEP 4, 2025
10 Beds
9 Baths
5,088 Sq Ft
7,501 Sq Ft Lot

Recently Sold

$432 Per Sq Ft

8% Below List Price

33 Days on Market

About This Home

As of September 2025

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

Last Agent to Sell the Property

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 06/25/2025

Lyon Stahl Investment Real Estate, Inc.

Co-Listed By

Chris Bald

Lyon Stahl Investment Real Estate, Inc. License #01909867

Last Buyer's Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 06/25/2025

Lyon Stahl Investment Real Estate, Inc.

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
  • Entry on the 1st floor

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

7,501 Sq Ft Lot

Parking

5

Listing Details

  • CapRate: 4.96
  • 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
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 432.39

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
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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 List to Sale Price per Sq Ft
09/04/2025 09/04/25 Sold $2,200,000 -6.4% $432 / Sq Ft
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)

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 $21,592 $1,810,710 $1,469,072 $341,638
2024 $21,592 $1,775,207 $1,440,267 $334,940
2023 $21,208 $1,740,400 $1,412,027 $328,373
2022 $20,930 $1,706,276 $1,384,341 $321,935
2021 $20,447 $1,672,821 $1,357,198 $315,623
2019 $20,066 $1,623,206 $1,316,944 $306,262
2018 $19,509 $1,591,379 $1,291,122 $300,257
2016 $18,841 $1,529,586 $1,240,987 $288,599
2015 $18,501 $1,506,611 $1,222,347 $284,264
2014 $18,273 $1,477,099 $1,198,403 $278,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25142167

California Regional Multiple Listing Service (CRMLS)
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