2615 Rockefeller Ln Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated payment $11,755/month
Highlights
- 7,507 Acre Lot
- No HOA
- Stacked Washer and Dryer
- Washington Elementary School Rated A+
- Laundry Room
- Wall Furnace
About This Home
Rare North Redondo Beach Multifamily Investment Opportunity
An exceptional four-unit multifamily asset has just become available in one of Redondo Beach’s most sought-after neighborhoods a property that hasn’t been on the market in decades.
Unit Mix:
• One freestanding 3-bedroom, 1-bath home with private yard, washer/dryer hookups in unit, engineered hardwood floors and so much more.
• Three 2-bedroom, 1-bath units, each featuring engineered hardwood floors, washer/dryer hookups in units (lower unit has a private yard).
Highlights:
• All units are well-maintained, thoughtfully upgraded and have great rentability.
• Strong tenant appeal with in-unit laundry, outdoor spaces, garages, and engineered hardwood flooring.
• Ample street and nearby parking.
• Long-term ownership with pride of care.
Market Drivers:
• Located in North Redondo Beach, one of the most desirable rental submarkets in the South Bay.
• Historically low vacancy rates, ensuring consistent rental demand.
• A short drive to beaches, restaurants, freeways, tech corridors, and major employment hubs.
• Rare combination of stable cash flow and long-term appreciation potential.
With decades since its last sale, this is a once-in-a-generation opportunity to secure a cornerstone multifamily asset in one of Southern California’s strongest rental markets.
Professional photos coming soon
Listing Agent
Teresa Workman Brokerage Phone: 310-626-5078 License #01819432 Listed on: 09/30/2025
Open House Schedule
-
Sunday, October 05, 202511:00 am to 3:00 pm10/5/2025 11:00:00 AM +00:0010/5/2025 3:00:00 PM +00:00This is the only planned open house. All other showings require a MINIMUM of 24 Hours NoticeAdd to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,275
Year Built
- Built in 1954
Lot Details
- 7,507 Acre Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,507 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 20 / 22
- Tax Tract Number 20
- Assessor Parcel Number 4082003019
- $2,826 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Trash Expense $1,800
- Water Sewer Expense $2,300
- Operating Expense $10,000
- Gross Income $91,980
- Net Operating Income $81,980
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,275 | $132,566 | $57,089 | $75,477 |
2024 | $4,275 | $129,968 | $55,970 | $73,998 |
2023 | $4,224 | $127,421 | $54,873 | $72,548 |
2022 | $4,005 | $124,924 | $53,798 | $71,126 |
2021 | $3,824 | $122,476 | $52,744 | $69,732 |
2020 | $3,727 | $121,221 | $52,204 | $69,017 |
2019 | $3,592 | $118,845 | $51,181 | $67,664 |
2018 | $3,339 | $116,516 | $50,178 | $66,338 |
2016 | $3,134 | $111,994 | $48,231 | $63,763 |
2015 | $3,099 | $110,313 | $47,507 | $62,806 |
2014 | $3,056 | $108,153 | $46,577 | $61,576 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/30/2025 09/30/25 | For Sale | $2,150,000 | -- | $613 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | Chicago Title Company | |
Interfamily Deed Transfer | -- | Chicago Title | |
Interfamily Deed Transfer | -- | Accommodation | |
Interfamily Deed Transfer | -- | Chicago Title Co | |
Interfamily Deed Transfer | -- | Fidelity National Title Co | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | Fidelity National Title Co | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $360,000 | New Conventional | |
Closed | $310,000 | Purchase Money Mortgage | |
Closed | $250,000 | New Conventional | |
Closed | $190,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25228942

APN: 4082-003-019
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