$895,000
UNDER CONTRACT $30K PRICE DROP

716 W Redondo Beach Blvd Gardena, CA 90247

Harbor Gateway Neighborhood

Estimated payment $5,219/month

Total Views 13,683
1 Bed
1 Bath
2,872 Sq Ft
$312 Price per Sq Ft

About This Home

716 West Redondo Beach Boulevard is a fourplex in Gardena, California. This value-add opportunity offers a new investor the chance to acquire an asset in a strong rental market and capture 45 percent rental upside. This is also a great acquisition opportunity for an owner/user. Further adding to this property’s potential, a new investor may be able to convert the garages to four 450-square foot one-bedroom ADU’s (buyer to verify).

716 West Redondo Beach Boulevard is a 2,872-square foot 1954 construction with four one-bedroom/one-bath units that are separately metered for gas and electricity. Each unit has washer/dryer hookups, a single-car garage and new windows.

The property is in a strong rental location conveniently near the 110 Freeway and within a half-mile of major retailers and two of the cities’ top employers: the Memorial Hospital of Gardena and the Hustler Casino.

Listing Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 05/21/2025

Co-Listing Agent

David O'Keefe

Marcus & Millichap Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01928739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,314

Year Built

  • Built in 1954

Lot Details

  • 6,893 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2,872 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 19265
  • Assessor Parcel Number 6120008017
  • $1,097 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,314

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 223750
  • Property Attached: No
  • Zoning: LAR3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6120008017
  • Year Built: 1954
  • Special Features: UnderContract

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 311.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6893.00
  • Lot Size Acres: 0.1582

Multi Family

  • Lot Size Area: 6893.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2912.10
  • Tax Lot: 4
  • Tax Tract Number: 19265
  • TaxOtherAnnualAssessmentAmount: 1097.00

Map

Range of Values:

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Average Value
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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 $3,314 $810,000 $520,000 $290,000
2024 $3,314 $188,700 $88,800 $99,900
2023 $3,260 $185,001 $87,059 $97,942
2022 $3,138 $181,374 $85,352 $96,022
2021 $3,082 $177,819 $83,679 $94,140
2019 $3,005 $172,547 $81,198 $91,349
2018 $2,880 $169,164 $79,606 $89,558
2016 $2,728 $162,597 $76,516 $86,081
2015 $2,688 $160,155 $75,367 $84,788
2014 $2,711 $157,019 $73,891 $83,128
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $895,000 -3.2% $312 / Sq Ft
05/21/2025 05/21/25 For Sale $925,000 -- $322 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $700,000 Commonwealth Land Title Compan
Grant Deed -- Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Southland Title Company
Interfamily Deed Transfer -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Previous Owner $419,000 New Conventional
Previous Owner $415,000 New Conventional
Previous Owner $625,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25113997

California Regional Multiple Listing Service (CRMLS)

APN: 6120-008-017