622 S Pacific Coast Highway,Redondo Beach, CA 90277
Redondo Beach, CA 90277
Description
We are pleased to present 622 South Pacific Coast Highway, a rare triplex investment opportunity located in the heart of South Redondo Beach. This pride-of-ownership asset offers investors the unique combination of stable current income and substantial future upside through the potential addition of up to three Accessory Dwelling Units (ADUs) (Buyer to verify). Ideally positioned just moments from the vibrant Riviera Village, tenants enjoy convenient access to an abundance of restaurants, boutique shopping, entertainment venues, and some of Southern California's most desirable beaches. The property's premier South Redondo location continues to benefit from strong rental demand driven by its coastal lifestyle, excellent schools, and proximity to major employment centers throughout the South Bay. With limited multifamily inventory available in South Redondo Beach and increasing demand for housing in the area, 622 South Pacific Coast Highway presents a compelling opportunity for investors seeking a well-maintained coastal asset with meaningful value-add potential and long-term appreciation prospects.
Details
| MLS # | 26843891 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1943 |
| Days On Site | 91 |
| Listing Provided By | Marcus & Millichap | Jonathan Weir |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,420 |
| Garage | 3 |
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | RBRH-1 |
| Acreage | 0.16 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Disposal, Refrigerator |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Redondo Beach |
| Zip Code | 90277 |
| Area | 156 S Redondo Bch S of Torrance Bl |
| Listing VS Median (in 90277) | |
Price: $1,750,000 low | high Med: $1,287,000 sqft: 2,420 low | high Med: 1,740 $ / sqft: $723 low | high Med: $740 On site: 91 low | high Med: 38 | |
Market Activity 90277
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Redondo Beach |
| Zip Code | 90277 |
| Area | 156 S Redondo Bch S of Torrance Bl |
| Listing VS Median (in 90277) | |
Price: $1,750,000 low | high Med: $1,287,000 sqft: 2,420 low | high Med: 1,740 $ / sqft: $723 low | high Med: $740 On site: 91 low | high Med: 38 | |
