1716 Camino De La Costa, Redondo Beach, California 90277, Redondo Beach, 90277 - 0 bed, 0 bath
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Redondo Beach, California 90277
Analysis of 1716 Camino De La Costa, Redondo Beach, California 90277 is currently available with a list price of $4,356,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Redondo Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1958, this multi-unit property is significantly aged. While the exterior appears maintained, the lack of interior photos and the description's emphasis on 'below market rental rates' and 'economic upside' strongly suggest that the individual units, particularly kitchens and bathrooms, are severely outdated and require substantial rehabilitation and modernization to meet current standards and command higher rents. The property's age and implied lack of recent significant renovations align with the 'Poor' category, indicating a need for major capital expenditures for updates to systems and finishes.
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
The property is perfectly situated one block from the Pacific Ocean and one block from Redondo Beach's bustling 'Riviera Village' shopping district, offering unparalleled access to amenities and the beach.
The description highlights 'tremendous economic upside' and historically low vacancy rates in a strong South Redondo Beach rental market, making it an attractive investment.
While fully occupied, the current tenants are on month-to-month leases at below market rental rates, requiring an investor to actively manage rent increases to maximize profitability.
Built in 1958, the property is an older structure, which may imply potential for deferred maintenance, outdated systems, or the need for significant capital expenditures for modernization.
The listing price has been reduced from an original $4.84 million to $4.356 million, which could indicate challenges in market valuation or demand at the initial price point.
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 desirability as well as the strength of the South Redondo Beach rental market in general. At 100% occupancy at the time of listing with all tenants on month-to-month leases at below market rental rates, this property will provide an investor with the opportunity to realize both the immediate income and stability offered by a fully leased asset, as well as the flexibility and potential economic benefits presented by its short-term tenancies.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1958 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Nov 20, 2025
$4,356,000
Initial Listing
Mar 25, 2025
$4,840,000
Initial Listing