525 N Francisca Ave, Redondo Beach, CA 90277
525 N Francisca Ave, Redondo Beach, CA 90277
525 N Francisca Ave, Redondo Beach, CA 90277
525 N Francisca Ave, Redondo Beach, CA 90277
525 N Francisca Ave, Redondo Beach, CA 90277
525 N Francisca Ave, Redondo Beach, CA 90277
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Ju-Yao Yang

Ju-Yao Yang

+1(626) 272-4465
$ 6,100,000
Est. payment | /mo

24 Beds

24 Baths

12,192 SqFt

Save
$ 6,100,000
Est. payment | /mo
Save

24 Beds

24 Baths

12,192 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,192 sqft

Price per Sqft $500

MLS Listing ID 26674141

Bedrooms 24

Year Built 1964

Annual Tax Amount $76,250

Lot Size 0.261 Acres

Acres 0.2609

Property Sub-Type Multi-Family

Property Description

Located in South Redondo Beach, west of PCH, this exceptional coastal investment offers a rare opportunity to purchase a 12-unit apartment just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property consists of (12) 2-bedroom/1.75-bathroom units with spacious layouts, including four renovated units delivered vacant, allowing an investor to immediately capture market rents and drive income growth. The asset features strong in-place financials with a 4.35% current cap rate and 14.71 GRM, along with a projected 5.30% pro-forma cap rate and 12.79 GRM. This 11,364-SF asset is situated on a large 11,364-SF lot, which presents an attractive opportunity to add ADUs and further enhance returns. Additional highlights include 12 garages and an on-site laundry facility which is able to generate additional income. Furthermore, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With its prime coastal location, desirable unit mix with spacious layouts, rent current income and upside potential, and long-term appreciation, this offering represents a true generational asset in one of the South Bay's most desirable rental markets.

Location

State CA

County Los Angeles

Area S. Redondo Beach South Of Pch

Zoning RBR-3A

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Washer, Gas Dryer Hookup

Laundry Laundry Area, Room

Exterior

Parking Features Garage

Garage Spaces 12.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Shield CRE, Inc.

Nearby Locations

Ju-Yao Yang

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(626) 272-4465

[email protected]

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525 N Francisca Ave