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Welcome to an unparalleled opportunity in South Redondo Beach, where coastal living meets smart investment! Just four blocks from the sandy shores, this exceptional stand-alone house with three additional units in the back is the ultimate owner-user or passive income property, blending the charm of beachside life with robust financial potential. With one unit delivered vacant, you can settle into the spacious 3-bedroom, 2.75-bathroom house featuring a private front yard - your perfect coastal retreat -while the other units, including a 2-bedroom/1-bathroom, a non-conforming 1-bedroom/1-bathroom (with potential for a future ADU buildout), and a studio/1-bathroom with a private backyard, generate strong rental income. Boasting a 5.00% current cap rate and 14.29 GRM, with a pro-forma cap rate of 6.29% for future growth, this cash-flowing gem operates under the favorable AB 1482 rent control, avoiding restrictive LA regulations for flexibility and long-term stability. Nestled on a large lot, the property offers ample outdoor space for parking, storage, and common areas, ideal for relaxing, hosting BBQs, or exploring enhancements to boost value. Located in a premier South Redondo Beach neighborhood, you're just a short stroll from the iconic Redondo Beach Pier, vibrant King Harbor, and serene Torrance Beach, where morning coastal walks and sunset dinners become your everyday reality. Qualifying for residential financing, this property is accessible for owner-users eager to plant roots in one of Southern California's most coveted coastal communities. Whether you're an owner-user dreaming of a beachside lifestyle or a passive investor seeking steady returns, this generational asset delivers unmatched value-add potential. The expansive lot and versatile unit mix provide opportunities for future growth, such as enhancing outdoor spaces or capitalizing on the non-conforming unit's ADU potential, ensuring this property remains a wealth-building cornerstone for years to come. Imagine sipping coffee in your private front yard, hearing the distant waves, while your investment works for you with immediate returns and long-term appreciation. South Redondo Beach's laid-back vibe, coupled with its proximity to dining, entertainment, and outdoor adventures, makes this location a true coastal paradise. Don't miss your chance to own a piece of this sought-after community, where lifestyle and income converge seamlessly. Contact Luca today to schedule a tour and discover how this property can transform your vision of coastal living into reality while building wealth for generations. Act now - this rare blend of prime location, strong income, and future potential won't last long in South Redondo Beach's competitive market!
Property Type(s):
Residential Income
| Last Updated | 8/18/2025 | Year Built | 1924 |
|---|---|---|---|
| Community | 155 - S Redondo Bch N of Torrance Bl | County | Los Angeles |
Additional Details
| APPLIANCES | Washer |
|---|---|
| AREA | 155 - S Redondo Bch N of Torrance Bl |
| LOT | 5990 sq ft |
| PARKING | Driveway |
| STORIES | One, Two |
Location
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Listed with Shield CRE, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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