
Redondo Beach, California 90278
This Premium Quadruplex Investment is listed at $2,599,000, aligning perfectly with its $2,599,000 Fair Market Value. The property boasts a Condition Rating of 2 following extensive capital improvements, including a new roof, updated electrical, and SB721 compliance. The renovated three-bedroom owner’s unit features high-end finishes and engineered wood flooring, while seven garages and three storage closets offer significant ancillary income potential. Located near Top-Rated Redondo Beach Schools, this turnkey asset offers immediate stability and luxury. It is an exceptional opportunity for Owner-Occupants seeking a high-end residence with income offset or Buy-and-Hold Investors.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations and capital improvements, including a brand-new roof, main sewer line replacement, and updated electrical panels. The primary unit features high-end modern finishes, sleek cabinetry, stainless steel appliances, and engineered wood flooring. Additionally, the building is SB721 compliant and features new HVAC mini-splits and exterior lighting, meeting the criteria for a fully renovated property with no deferred maintenance.
The property has undergone significant recent upgrades including a brand-new roof, main sewer line replacement, updated electrical panels, and SB721 balcony compliance, significantly reducing immediate capital expenditure for a new owner.
The front three-bedroom unit features high-end modern renovations, including sleek cabinetry and engineered wood flooring, making it an ideal opportunity for an owner-occupant seeking a luxury residence with income offset.
Rare for the area, the property includes seven enclosed garage spaces and three large storage closets, providing both a competitive edge in the rental market and opportunities for additional monthly revenue.
While the front and rear units are receiving new mini-split HVAC systems, the middle units appear to lack these modern climate controls, which may lead to rental price disparities and varied tenant satisfaction.
Despite the many recent ameliorations, the 1967 construction date implies that certain underlying systems or structural elements not specifically mentioned as 'new' may require ongoing maintenance typical of older buildings.
Lots of new improvements to the property!!! Prime investment opportunity with great rents!!! Located in the highly desirable North Redondo Beach/Villas North. SB721 Deck/Balcony inspection in compliance with the new law and good for six years with all repairs completed! Stunning new high-end glass Mid-Century Modern double door on the front unit gives the building great curb appeal. The front 3-bedroom 2 bath unit often referred to as "the owner's unit" has been recently updated with high-end finishes. The upgrade in this unit features sleek modern cabinetry, new closet enclosures and doors, stainless steel appliances, engineered wood flooring and custom finishes throughout. The other 3 units are 2-bedroom 1 1/2 baths and all units have private balcony spaces for each unit on the second level. Many of the features of the building have been ameliorated to include installing a brand-new roof, termite report and repairs completed, main sewer line replacement, Electrical Main panel and 4 sub-panels are being updated along with new exterior light fixtures. The front and rear apartments will have new mini-splits installed on the first floor providing heat and air-conditioning...a renter's favorite!!! There are 7 enclosed garage spaces...three detached of which are 2-car and one attached single car with direct entry to the unit. An additional unique bonus there's 3 attached large storage closets that all have dual doors for easy access and potential additional income. Situated on a quiet street this prime North Redondo location is minutes from Manhattan and Hermosa Beach sand, LAX Airport, major freeways, close to fantastic shopping, great dining, public parks and award-winning Redondo Beach schools.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.3 mi
Grades 6-8 • 0.8 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 | 4,645 | 2,939 | 84% |
| Lot Size | 7,507 | 7,497 | 79% |
| Price | $2.60M | $1.68M | 95% |
| Price per sq ft | $560 | $560 | 50% |
| Built year | 1967 | 1959 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 159 | 195 | 42% |
Nov 14, 2025
$2,599,000
Initial Listing
Apr 18, 2006
$1,249,000
Public Record