This is a rare opportunity to acquire a six-unit apartment building in the desirable North Redondo Beach rental market. Situated on a 7,500 square foot lot, this 4,957 square foot multi-family property offers a desirable mix of units, strong emplaced income, and significant long term upside. The property features an onsite laundry facility, enclosed garage parking, and a history of strong tenant demand. Located just minutes to the beach, major employment centers, shopping, dining, and award winning schools. Investors will appreciate the combination of current cash flow, rental growth potential, and the stability of an established multi-family asset.
| MLS # | SB26133495 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 79 |
| Listing Provided By | Smallwood Real Estate & Investments | Gary Smallwood |
| SQ Feet | 4,957 |
|---|---|
| Garage | 6 |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 1 |
| Acreage | 0.17 |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Ceiling Fans, Granite Counters |
| Appliances | Disposal, Gas Oven, Refrigerator, Dryer, Washer |
| Fireplace Yes / No | No |
| Lot Features | Six To Ten Units Acre |
|---|
| Parking Features | Assigned, Door Multi, Garage, Garage Faces Side |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Community Features | Biking, Curbs, Fishing, Storm Drains, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Redondo Beach |
| Zip Code | 90278 |
| Area | 152 N Redondo Bch | Villas South |
| Listing VS Median (in 90278) | |
Price: $2,625,000 low | high Med: $1,285,000 sqft: 4,957 low | high Med: 831 $ / sqft: $530 low | high Med: $1,546 On site: 79 low | high Med: 53 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Redondo Beach |
| Zip Code | 90278 |
| Area | 152 N Redondo Bch | Villas South |
| Listing VS Median (in 90278) | |
Price: $2,625,000 low | high Med: $1,285,000 sqft: 4,957 low | high Med: 831 $ / sqft: $530 low | high Med: $1,546 On site: 79 low | high Med: 53 | |
![]() | $3,045,0002118 CarnegieRedondo Beach, CA 90278 |