Description
Thompson team real estate is proud to offer this rare opportunity to own a meticulously maintained 5-unit apartment complex located in the heart of redondo beach—one of los angeles' most sought-after beach communities. this trophy asset consists of three separate buildings and offers a desirable unit mix of spacious 1- 2-bedroom, 1-bath unit and 4 1 bedroom, 1 bath units each with excellent natural light and functional layouts. each unit is paired with its own single-car garage space (5 total), providing valuable off-street parking. the property is professionally managed, fully occupied, and enjoys exceptionally low tenant turnover, making it a stable and reliable investment. situated in an area known for its award-winning schools, walkability, and close proximity to the beach, shopping, dining, and major employment centers, this property offers strong long-term fundamentals. with some rental upside and low annual operating expenses, this is a prime value-add opportunity for investors seeking growth in a premier coastal location. don’t miss the chance to own a rare, turn-key asset in a high-demand rental market.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49539841
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Exterior Features
Building Information
- Year Built: 1956
- Building Area Total: 3,708
Pool Features
- None
Laundry Features
- See Remarks
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.2208
- Lot Size Source: Assessor
- Lot Size Square Feet: 9617
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Listing Information
Listing Price Information
- Original List Price: 2,499,000
- Listing Contract Date: 2025-04-28
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 4157003025
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 153 - N Redondo Bch/El Nido
- Postal Code Plus 4: 3720
- Directions: West on Artesia and South on MacKay and West on Vanderbilt
- Zoning: RBR-3
- Source Property Type: Residential Income
- Area: 153 - N Redondo Bch/El Nido
- Property SubType: Apartment
Building and Construction
- Property Age: 69
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Public Records
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
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BuyOwner last updated this listing 05/13/2025 @ 05:16
- MLS: SB25082617
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 3,708 sqft, 9,617 sized lot, and 5 parking. are nearby neighborhoods.