$3,500,000
$3,250,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
9,731 Sqft Lot
SOLD DATE : 02/27/2026
Key Details
Sold Price $3,500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB26005203
Sold Date 02/27/26
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1954
Lot Size 9,731 Sqft
Property Sub-Type Quadruplex
Property Description
Single-Level Coastal Quadruplex Just One Block from the Ocean in South Redondo Beach!
Welcome to an exceptional beachside opportunity perfectly positioned between the sun, surf, sand, and The Strand bike path to the west and the vibrant charm of Riviera Village to the east—home to boutique shops, top-tier dining, Trader Joe's, and Vons.
This single-level 4-plex features four spacious 2-bedroom, 1-bath units (approx. 767 sq ft each), all with vaulted, beamed ceilings, tile flooring throughout, and no stairs—inside or out. The generous 9,731 sq ft lot offers parking for nearly a dozen vehicles, including four spaces in a detached garage—a rare coastal luxury.
Each unit has been thoughtfully remodeled and has operated as a fully furnished monthly rental since 2013, generating approximately $4,500 per unit per month in 2025, or $216,000+ in annual gross income. The sale includes all existing furnishings, allowing a seamless transition for the next owner to continue the historically successful furnished-rental operation. Many guests return season after season, with some bookings already secured into 2027.
What truly sets this property apart is its versatility. Live the ultimate coastal lifestyle by keeping a unit for your own personal use between guest stays. Move in a family member. Continue furnished rentals. Or pivot to long-term unfurnished leases at approximately $3,700 per unit per month. The choice is yours—unit by unit.
Whether you're seeking a smart income property, a flexible live-near-the-beach retreat, or a hybrid lifestyle investment, this South Redondo gem delivers on every level.
Location
State CA
County Los Angeles
Area 157 - S Redondo Bch W Of Pch
Interior
Interior Features Ceiling Fan(s), Furnished, Quartz Counters, Tile Counters, Main Level Primary
Heating Wall Furnace
Cooling None
Flooring Tile
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
Laundry Common Area, Laundry Room, Outside
Exterior
Exterior Feature Lighting, Rain Gutters, Brick Driveway
Parking Features Driveway Level, Garage
Garage Spaces 4.0
Garage Description 4.0
Fence Block, Good Condition, Wood
Pool None
Community Features Biking, Curbs, Foothills, Golf, Gutter(s), Hiking, Storm Drain(s), Street Lights, Suburban, Sidewalks, Water Sports, Fishing, Park
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N No
View None
Accessibility Safe Emergency Egress from Home, No Stairs, Parking, Accessible Doors
Total Parking Spaces 10
Private Pool No
Building
Lot Description Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level
Faces Northeast
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 7511010009
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 1975.0
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Shawn Nejad Vista Sotheby's International Realty
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