This exceptional 11-unit apartment building is being offered for the first time in over 30 years and is located just one minute from the ocean in one of Southern California’s most prestigious and highly sought-after beach communities. The property features a balanced unit mix of 5 two-bedroom/one-bath units, 5 one-bedroom/one-bath units, and 1 studio unit, with all units occupied except the studio, ensuring strong and stable tenancy. Investors will appreciate 10 attached garage spaces with alley access, individually metered utilities for each unit, and the absence of city rent control, providing both efficiency and flexibility in operations. With a pro forma cap rate of approximately
We are pleased to present this turnkey 5 unit apartment community located in the heart of Redondo Beach. This asset comprises an attractive unit mix of one 3-Bed/3-Bath, two 3-Bed/2-Bath & two 2-Bed/2-Bath. The entire property has been professionally designed, upgraded and permitted, including complete replacement of the roof, electrical, plumbing and sewer systems, installation of air conditioning in every common area and bedroom, addition of a 1,200 sqft ADU, new windows, kitchens, bathrooms, flooring, etc. The front unit (Unit A) is an incredible 3 bedroom, 3 bath townhome with a private, grassy front yard and back patio. Unit E has a private yard as well. Lease-Up produced fantast
Addition of adu • 5,609 sq ft lot • Listed 77 days
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ABOUT THIS HOME
South Redondo Beach, CA Homes for Sale
WELCOME TO YOUR UNIQUE BEAUTIFUL HOME! METICULOUSLY MAINTAINED WITH LOVING CARE AND PERFECTLY SITUATED AT THE APEX OF A SERENE, PEACEFUL CUL-DE-SAC. FROM THE MOMENT YOU ARRIVE, YOU'LL NOTICE THOUGHTFUL UPGRADES THROUGHOUT: INCLUDING A NEW GARAGE DOOR (2024), NEW EXTERIOR GATES AND DOORS (2025), FRESH LANDSCAPING THAT ENHANCES CURB APPEAL (2025), AND A NEW FRONT ENTRY WITH AN ADDED COAT CLOSET (2022). STEP INSIDE TO DISCOVER AN INVITING / COZY INTERIOR WHICH OPENS TO A QUAINT YARD AREA IDEAL FOR RELAXATION. THE KITCHEN IS SPACIOUS, BRIGHT, AIRY, AND WELL APPOINTED. UPSTAIRS YOU'LL FIND THE SUMPTUOUS MASTER ENSUITE WITH A WOODBURNING FIREPLACE AND A PRIVATE BALCONY. ALSO, THERE ARE THREE MORE
New front entry • Private balcony • Fresh landscaping
ABOUT THIS HOME
South Redondo Beach, CA Homes for Sale
Coastal Living in a resort-style setting. Beautiful condo with open floor plan, 2 bedrooms, 2 bathrooms, spacious balcony overlooking the lush surroundings of Brookside Village. Koi ponds, bubbling water falls, walkways that are lined with trees and foilage, swimming pools. Surrounded by nature and just minutes to the beach, this inviting home offers a relaxing retreat from the everyday. The open floor plan with Living Room, Dining Room, and Kitchen are the heart of the home, perfect for family and gathering with friends. The living room opens onto the balcony as an extension of functional space. Primary Bedroom has an ensuite bathroom, and double closets with mirrored doors. Secondary Bed
LOCATION! LOCATION! LOCATION! Perfectly situated one block east of the beaches and waters of the majestic Pacific Ocean and one block west of the galleries, boutiques, restaurants and other attractions of Redondo Beach’s bustling “Riviera Village” shopping district, 1716 Camino De La Costa offers investors tremendous economic upside in an unparalleled location. Featuring eight (8) 2-bedroom, 1-bath units and boasting an aggregate of approximately 6,778 square feet of living space on a lot of approximately 6,764 square feet, as well as eight (8) semi-subterranean on-site parking garages, the property’s historically low vacancy rates are a testament to both its own des