CASH COW! Early 1900's beach cottage apartment building, small but full of charm and character. City records shows as a 4 unit apartment, currently used as 7 units (buyer to verify) three or more of the units may be non conforming. Mix includes (5) one bedroom one bath and (2) studios. 5 of the units have recently been updated with remodeled baths, new wood vinyl flooring, new appliances, new heaters and paint. Separate laundry room with coin-op machines, large walk-in basement with separate storage units for tenants and landlord. Located only 2 1/2 blocks to the beach. Current yearly income is approximately $118K (buyer to verify) property to be sold as in conditions with no warranties or repairs or credits ( remember it is a 100 year old property two blocks to the beach and a cash cow!) Please do not disturb tenants. All offers subject to inspection.
Multi-familyProperty Type
1924Year Built
2,486 sq ftLot Size
$400Price/Sq.Ft.
Listed by Gary Elminoufi•DRE #01139207• Beach City Brokers
Bought with Jeanevra Calhoun•DRE #01976822• Beach City Brokers
CASH COW! Early 1900's beach cottage apartment building, small but full of charm and character. City records shows as a 4 unit apartment, currently used as 7 units (buyer to verify) three or more of the units may be non conforming. Mix includes (5) one bedroom one bath and (2) studios. 5 of the units have recently been updated with remodeled baths, new wood vinyl flooring, new appliances, new heaters and paint. Separate laundry room with coin-op machines, large walk-in basement with separate storage units
CASH COW! Early 1900's beach cottage apartment building, small but full of charm and character. City records shows as a 4 unit apartment, currently used as 7 units (buyer to verify) three or more of the units may be non conforming. Mix includes (5) one bedroom one bath and (2) studios. 5 of the units have recently been updated with remodeled baths, new wood vinyl flooring, new appliances, new heaters and paint. Separate laundry room with coin-op machines, large walk-in basement with separate storage units for tenants and landlord. Located only 2 1/2 blocks to the beach. Current yearly income is approximately $118K (buyer to verify) property to be sold as in conditions with no warranties or repairs or credits ( remember it is a 100 year old property two blocks to the beach and a cash cow!) Please do not disturb tenants. All offers subject to inspection.
Public Records
Nov 6, 2014
Sold
$2,800,000
$933/sq ft
Public Records
Sep 2, 1969
Sold
$18,500
$6/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$18,009 (+4.4%)
$652,032 + $796,929
$1,448,961
2024
$17,257 (+8.8%)
$639,248 + $781,303
$1,420,551
2023
$15,855 (+1.3%)
$626,714 + $765,984
$1,392,698
2022
$15,649 (+1.6%)
$614,426 + $750,965
$1,365,391
2021
$15,395 (−0.1%)
$602,379 + $736,241
$1,338,620
2020
$15,417 (+2.1%)
$590,568 + $721,805
$1,312,373
2019
$15,104 (+2.4%)
$584,513 + $714,404
$1,298,917
2018
$14,752 (+1.5%)
$573,052 + $700,397
$1,273,449
2017
$14,532 (+0.2%)
$550,800 + $673,200
$1,224,000
2016
$14,505 (+1.8%)
$550,800 + $673,200
$1,224,000
2015
$14,243 (+543.6%)
$913,725 + $304,575
$1,218,300
2014
$2,213 (+10.6%)
$34,175 + $82,376
$116,551
2012
$2,000 (+5.6%)
$34,021 + $82,004
$116,025
2011
$1,895 (+1.5%)
$33,354 + $80,397
$113,751
2010
$1,867 (+2.7%)
$32,700 + $78,821
$111,521
2009
$1,818 (−19.2%)
$32,456 + $78,232
$110,688
2008
$2,250
$32,534 + $78,418
$110,952
Tax history for 308 Ruby St
Year
Property tax
Land + Additions
Assessment*
2025
$18,009 (+4.4%)
$652,032 + $796,929
$1,448,961
2024
$17,257 (+8.8%)
$639,248 + $781,303
$1,420,551
2023
$15,855 (+1.3%)
$626,714 + $765,984
$1,392,698
2022
$15,649 (+1.6%)
$614,426 + $750,965
$1,365,391
2021
$15,395 (−0.1%)
$602,379 + $736,241
$1,338,620
2020
$15,417 (+2.1%)
$590,568 + $721,805
$1,312,373
2019
$15,104 (+2.4%)
$584,513 + $714,404
$1,298,917
2018
$14,752 (+1.5%)
$573,052 + $700,397
$1,273,449
2017
$14,532 (+0.2%)
$550,800 + $673,200
$1,224,000
2016
$14,505 (+1.8%)
$550,800 + $673,200
$1,224,000
2015
$14,243 (+543.6%)
$913,725 + $304,575
$1,218,300
2014
$2,213 (+10.6%)
$34,175 + $82,376
$116,551
2012
$2,000 (+5.6%)
$34,021 + $82,004
$116,025
2011
$1,895 (+1.5%)
$33,354 + $80,397
$113,751
2010
$1,867 (+2.7%)
$32,700 + $78,821
$111,521
2009
$1,818 (−19.2%)
$32,456 + $78,232
$110,688
2008
$2,250
$32,534 + $78,418
$110,952
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
2,486 Sq. Ft.
Year renovated
1924
Sq. Ft.
2,340
Year built
1924
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
7508013017
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 8, 2026.
R-3A
Low Density Multiple-Family Residential Zone
To provide opportunities for low density multi-family residential land use, including attached or detached units in condominiums, duplexes, and apartments, and designed to convey the visual character of single family residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing
Housing-Single unit
Housing-Senior
Housing-Other
Mar 31, 2025 • Active
Building residential
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
Street
Interior
Laundry Information
Has Laundry
Community, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Outside
Kitchen Information
Appliances: Freezer, Garbage Disposal, Gas & Electric Range, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
Directions: West of Pacific Coast Hwy and South of Torrance Blvd Cross Streets: Pacific Coast Hwy and Broadway
Public facts
Beds: —
Baths: —
Sq. Ft.: 2,340
Stories: —
Lot Size: 2,486 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1924
Year Renovated: 1924
County: Los Angeles County
APN: 7508013017
Home facts updated by county records on Oct 8, 2026
Other
Miscellaneous Information
Exclusions: Leased washer and dryer
Listing Information
Days Active in MLS: 85
Continuous Days Active in MLS: 85
Listing Agent Information
List Agent First Name: Gary
List Agent Last Name: Elminoufi
Listing Office Information
List Office Name: Beach City Brokers
Selling Agent Information
Buyer Agent First Name: Jeanevra
Buyer Agent Last Name: Calhoun
Selling Office Information
Buyer Office Name: Beach City Brokers
Around this home
Schools
K - 12
Preschool & daycare
Alta Vista Elementary School
Public K-5 • Assigned • 0.6mi
8/10
Parras (Nick G.) Middle School
Public 6-8 • Assigned • 0.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
The Los Angeles County market is becoming more balanced, giving buyers a little more room to negotiate while well-priced homes can still attract strong interest. With homes taking longer to sell and buyers becoming more selective, pricing and...