30
See all 30 photos
$2,400,000
Est. payment /mo
8 Beds
8 Baths
7,501 Sqft Lot
New
2615 Curtis Avenue Redondo Beach, CA 90278
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25142167
Bedrooms 8
HOA Y/N No
Lot Size 7,501 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
2615 Curtis Ave, Redondo Beach, CA 90278, is ideally positioned in one of the South Bays most sought-after neighborhoods. Redondo Beach is renowned for its vibrant coastal lifestyle, top-rated schools, and strong sense of community, all while offering quick access to major employment centers and the beach. The area remains exceptional with homes selling quickly and at premium prices, reflecting ongoing demand for quality multifamily assets Current Cap Rate of 4.85% and a rare 40% rental upside, new ownership can capitalize on significant income growth by bringing rents to market levels, far outperforming typical area returns. This exclusive offering features (4) four spacious Townhome-style units, (4) 2-Bed / 2-Ba, (1) 2-Bed / 1-Ba & total 5,088 SF of living space. Priced at a highly competitive $471 per RSFwell valued in contrast to local medianthis property delivers immediate value Investors and Owner/Users will appreciate the propertys appeal and the exceptional fundamentals of Redondo Beachs housing market, where the median price per square foot is $659 and properties routinely attract multiple offers. This is a prime opportunity to secure a stable, appreciating asset with substantial cash flow growth in a high-demand coastal enclave
2615 Curtis Ave, Redondo Beach, CA 90278, is ideally positioned in one of the South Bays most sought-after neighborhoods. Redondo Beach is renowned for its vibrant coastal lifestyle, top-rated schools, and strong sense of community, all while offering quick access to major employment centers and the beach. The area remains exceptional with homes selling quickly and at premium prices, reflecting ongoing demand for quality multifamily assets Current Cap Rate of 4.85% and a rare 40% rental upside, new ownership can capitalize on significant income growth by bringing rents to market levels, far outperforming typical area returns. This exclusive offering features (4) four spacious Townhome-style units, (4) 2-Bed / 2-Ba, (1) 2-Bed / 1-Ba & total 5,088 SF of living space. Priced at a highly competitive $471 per RSFwell valued in contrast to local medianthis property delivers immediate value Investors and Owner/Users will appreciate the propertys appeal and the exceptional fundamentals of Redondo Beachs housing market, where the median price per square foot is $659 and properties routinely attract multiple offers. This is a prime opportunity to secure a stable, appreciating asset with substantial cash flow growth in a high-demand coastal enclave
2615 Curtis Ave, Redondo Beach, CA 90278, is ideally positioned in one of the South Bays most sought-after neighborhoods. Redondo Beach is renowned for its vibrant coastal lifestyle, top-rated schools, and strong sense of community, all while offering quick access to major employment centers and the beach. The area remains exceptional with homes selling quickly and at premium prices, reflecting ongoing demand for quality multifamily assets Current Cap Rate of 4.85% and a rare 40% rental upside, new ownership can capitalize on significant income growth by bringing rents to market levels, far outperforming typical area returns. This exclusive offering features (4) four spacious Townhome-style units, (4) 2-Bed / 2-Ba, (1) 2-Bed / 1-Ba & total 5,088 SF of living space. Priced at a highly competitive $471 per RSFwell valued in contrast to local medianthis property delivers immediate value Investors and Owner/Users will appreciate the propertys appeal and the exceptional fundamentals of Redondo Beachs housing market, where the median price per square foot is $659 and properties routinely attract multiple offers. This is a prime opportunity to secure a stable, appreciating asset with substantial cash flow growth in a high-demand coastal enclave
Location
State CA
County Los Angeles
Area Redondo Beach (90278)
Zoning Appraiser
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Monthly Total Fees $176
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,653
Listing Terms Cash, Conventional, Exchange
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.