2021 Curtis Avenue, Redondo Beach, California 90278, Redondo Beach, 90278 - 0 bed, 0 bath
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Redondo Beach, California 90278
This Value-Add Residential Income Asset is listed at $2,299,000, representing a stable acquisition opportunity within the North Redondo submarket relative to its $2,055,981 Fair Market Value. With a Condition Rating of 5, the property offers significant potential for forced appreciation through the modernization of its 1974 infrastructure and aging systems. The asset features a desirable 3-Bed plus Den owner's suite and three 2-bedroom units, all boasting Private Backyards and Garage Parking. Located in the Redondo Unified School District, this motivated-seller listing is ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2021 Curtis Avenue Subject | $2,299,000* List Price | 0 | 0 | 5,186 | $396 | - |
A 1912 Bataan Road Sold | $2,355,000 | 0 | 0 | 4,830 | $488 | 0.5 mi |
B 2508 Aviation Boulevard Sold | $1,625,000 | 0 | 0 | 3,370 | $482 | 0.3 mi |
C 2615 Rockefeller Sold | $1,750,000 | 0 | 0 | 3,507 | $499 | 0.9 mi |
D 2615 Rockefeller Sold | $1,750,000 | 9 | 4 | 3,507 | $499 | 0.9 mi |
E 2406 Curtis Avenue Pending | $2,199,000 List Price | 0 | 0 | 4,583 | $480 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1974, this property is 50 years old. While described as 'well maintained,' the lack of interior photos for the units (especially kitchens and bathrooms) and the dated appearance of the exterior and common laundry area (including a popcorn ceiling) strongly suggest that major components and finishes are significantly outdated. The AI analysis explicitly notes 'Aging Infrastructure' and the potential for 'significant capital expenditures,' indicating that substantial repairs and rehabilitation will be required to modernize the property and its systems.
Positioned between highly desirable Redondo Beach and Manhattan Beach, ensuring strong rental demand and potential for appreciation in a sought-after area.
A well-maintained quadruplex, purpose-built for residential income, offering immediate cash flow potential from four distinct units.
Features a desirable mix of unit sizes (one 3 Bed+Den+2 Bath and three 2 Bed+1 Bath) with individual backyards, enhancing tenant appeal and retention.
Interior showings are 'accepted offer only' and tenants are not to be disturbed, which significantly limits buyer due diligence and can complicate the sales process.
Built in 1974, the property's age suggests potential for older systems (e.g., plumbing, electrical, roof) that may require significant capital expenditures in the near future, despite being 'well maintained'.
Multiple price drops from the original listing price, despite a motivated seller, could signal initial overpricing or market resistance, potentially raising buyer concerns.
Investment opportunity, well maintain four unit apartment building located in between the prime Redondo Beach and Manhattan Beach. Total building size is approximately 5,186 Sq.Ft. on a 7,500 lot size. The front unit has 3 Bed+Den+2 Bath+ back yard and other three units have 2 Bed+ 1 Bath and its own back yard. Separately metered for gas and electricity. There are three 2 car garages and one 1 car garage. Please do not disturb the tenants and Interior showing is accepted offer only. Seller is motivated.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 5,186 | 2,939 | 95% |
| Lot Size | 7,506 | 7,497 | 79% |
| Price | $2.30M | $1.68M | 89% |
| Price per sq ft | $443 | $510 | 11% |
| Built year | 1974 | 1959 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 354 | 201 | 0% |
Jan 23, 2026
$2,299,000
$2,358,999
-3% Price Drop
Initial Listing
Dec 24, 2025
$2,358,999
$2,378,000
-1% Price Drop
Initial Listing
Dec 10, 2025
$2,378,000
$2,397,000
-1% Price Drop
Initial Listing
Dec 3, 2025
$2,397,000
$2,457,000
-2% Price Drop
Initial Listing
Nov 30, 2025
$2,457,000
Initial Listing
May 3, 2025
$2,499,999
Initial Listing