2700 Aviation Boulevard

Redondo Beach, CA 90278

  • 0 Bed(s)
  • 0 Bath(s)
  • 31,147 Sqft
  • 31654
    Sqft(Lot)
$16,900,000

Description

We are proud to present westview apartments, a rare 41-unit multifamily property in prime redondo beach, available for the first time in over 50 years. located in a low-density submarket bordering manhattan beach, this offering is one of only two 40+ unit apartment buildings to hit the market in the last 15 years. priced at an attractive 4.17% cap rate with 54% upside in net operating income (noi), westview apartments presents an exceptionally rare value-add opportunity. market cap rate of 6.47% and market grm of 11.08!



2700 aviation blvd consists of two separate well-maintained buildings, and a unit mix of 19 two-bedroom units, 20 one-bedroom units, and 2 three-bedroom units. this property drives strong rental demand due to its proximity to acclaimed beach city school districts and top tier amenities, while offering renters a cost-effective alternative to the high homeownership costs in redondo beach and manhattan beach. the property features a newer roof, upgraded plumbing, an oversized 0.73-acre lot with 41 assigned parking spaces, a heated pool, two owner-operated laundry facilities, and spacious floor plans with select units boasting balconies, fireplaces, townhome layouts, and walk-in closets.



westview apartments offer significant revenue potential through the addition of up to 10 accessory dwelling units (adus), monetization of storage and parking, and implementation of a rubs utility bill-back system. its prime location, near major employers and retail along rosecrans and artesia boulevards, and a short drive from pch, i-405, and i-91 freeways, ensures tenant convenience without noise pollution.



don’t miss this once in a lifetime opportunity to acquire a premier asset in the supply-constrained south bay beach cities market. contact listing agent for more details.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49834657

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Flat,Tar/Gravel
    • Exterior Property Features : Awning(s),Lighting
    • Fireplace: Den
    • Flooring: Carpet,Tile,Vinyl

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: Den
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1964
    • Building Area Total: 31,147
    • Roof: Flat,Tar/Gravel

    Exterior Features

    • Awning(s),Lighting

    Security Features

    • Resident Manager

    Pool Features

    • Heated,Private

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.7267
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 31654

  • Listing Price Information

    • Original List Price: 16,900,000
    • Listing Contract Date: 2025-05-19

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4155004033

  • Garage and Parking

    • Garage Description: Assigned,Concrete,Covered,Paved,Private,Storage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 151 - N Redondo Bch/Villas North
    • Directions: East of Sepulveda, South of Manhattan Beach Blvd
    • Zoning: RBR-3
    • Source Property Type: Residential Income
    • Area: 151 - N Redondo Bch/Villas North
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 61
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Aviation
    • Property Attached: Yes
    • Levels or Stories: Three Or More
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BuyOwner last updated this listing 07/04/2025 @ 17:29

  • MLS: PW25111723
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 31,147 sqft, 31,654 sized lot, and 41 parking. are nearby neighborhoods.