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This well-located fourplex offers a premier investment opportunity in the highly sought-after South Redondo Beach market, situated approximately one mile from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property provides tenants with convenient access to an abundance of coastal dining, retail, and lifestyle amenities. The asset features an attractive unit mix of (1) 4-bed/1.75-bath front unit, (2) 2-bed/1.75-bath units and (1) 1-bed/1-bath unit. From an investment standpoint, the property offers a compelling financial profile with a 4.26% current cap rate and 15.95 GRM, along with significant upside to a 5.91% pro-forma cap rate and 12.54 GRM. Not subject to local rent control (AB 1482 only), the asset allows for consistent and favorable rent growth. The all-electric configuration eliminates gas expenses and supports an efficient operating structure with minimal expenses. Additional features include five garage spaces providing ample garage parking for tenants. The property also boasts strong curb appeal with a recently painted exterior and new landscaping. The asset also qualifies for residential financing, expanding buyer's financing options and offering access to more attractive loan terms.
Property Type(s):
Residential Income
| Last Updated | 4/16/2026 | Year Built | 1963 |
|---|---|---|---|
| Community | 155 - S Redondo Bch N of Torrance Bl | Garage Spaces | 5.0 |
| County | Los Angeles |
Additional Details
| AREA | 155 - S Redondo Bch N of Torrance Bl |
|---|---|
| GARAGE | Yes |
| LOT | 5541 sq ft |
| LOT DIMENSIONS | 5541 |
| PARKING | Garage |
| 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.
This IDX solution is (c) Diverse Solutions 2026.
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