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$ 3,250,000
Est. payment | /mo
2 Beds
1 Bath
9,731 Sqft Lot
$ 3,250,000
Est. payment | /mo
2 Beds
1 Bath
9,731 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26005203
Bedrooms 2
Lot Size 9,731 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Single-Level Coastal Quadruplex Just One Block from the Ocean in South Redondo Beach! Welcome to an exceptional beachside opportunity perfectly positioned between the sun, surf, sand, and The Strand bike path to the west and the vibrant charm of Riviera Village to the easthome to boutique shops, top-tier dining, Trader Joes, and Vons. This single-level 4-plex features four spacious 2-bedroom, 1-bath units (approx. 767 sq ft each), all with vaulted, beamed ceilings, tile flooring throughout, and no stairsinside or out. The generous 9,731 sq ft lot offers parking for nearly a dozen vehicles, including four spaces in a detached garagea rare coastal luxury. Each unit has been thoughtfully remodeled and has operated as a fully furnished monthly rental since 2013, generating approximately $4,500 per unit per month in 2025, or $216,000+ in annual gross income. The sale includes all existing furnishings, allowing a seamless transition for the next owner to continue the historically successful furnished-rental operation. Many guests return season after season, with some bookings already secured into 2027. What truly sets this property apart is its versatility. Live the ultimate coastal lifestyle by keeping a unit for your own personal use between guest stays. Move in a family member. Continue furnished rentals. Or pivot to long-term unfurnished leases at approximately $3,700 per unit per month. The choice is yoursunit by unit. Whether youre seeking a smart income property, a flexible live-near-the-beach retreat, or a hybrid lifestyle investment, this South Redondo gem delivers on ev
Location
State CA
County Los Angeles
Zoning Public Rec
Direction From Avenue I and Camino de la Costa, head south. Subject property on west side of street.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 7511010009
Virtual Tour https://www.youtube.com/playlist?list=PL_siOkK6KUrwOALj3Xs7HAKrstzic000a
Listed by Alex Smith eXp Realty of California Inc