New
$3,045,000
10 bd · 8 ba · · 7,492 sqft lot
2118 Carnegie Ln, Redondo Beach, CA 90278
Multi-family · Built 1972 ·
$18,649/mo est. payment
- Garage
- 6 cars
Flood factor 1/10
About this home
Marcus & Millichap is pleased to present the opportunity to acquire a turnkey fourplex in Redondo Beach, a coastal South Bay submarket with consistent rental demand and convenient access to beaches, retail, dining, and major freeways. The property has been extensively remodeled and offers a strong unit mix consisting of one four-bedroom/three-bathroom unit, two two-bedroom/two-bathroom units, and one two-bedroom/one-bathroom unit. Current rents provide approximately nine percent rental upside, offering investors an opportunity to increase income through future lease turnover. 2118 Carnegie Lane features completely remodeled interiors with vinyl plank flooring, quartz countertops, stainless steel appliances, updated cabinetry, modern fixtures, and stacking laundry units. The property also boasts rooftop decks, garages with EV charging capability, storage, security features, a new roof, repaved driveway, and more. This offering presents an opportunity to acquire a pride-of-ownership asset in a highly desirable coastal rental market.
Facts and features
Bedrooms
- Bedrooms: 10
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Appliances
- Laundry Features: Inside
Land Info
- Additional Parcels: No
- Land Lease: No
- Lot Description: Rectangular Lot
- Lot Size Acres: 0.172
- Lot Size Source: Assessor
- Lot Size Square Feet: 7493
Garage and Parking
- Garage Spaces: 6
- Parking Total: 6
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 4
- Bedrooms in Unit-1: 4
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 2
- Total Bathrooms in Unit-1: 3
- Total Bathrooms in Unit-2: 2
- Total Bathrooms in Unit-3: 1
Rental Info
- Gross Income: 183000
- Gross Scheduled Income: 183000
- Rent Control: Yes
Amenities and Community Features
- Community Features: Suburban
Schools
- 9
Birney Elementary School
elementary · K-5 · 0.2 mi
- 8
Adams Middle School
middle · 6-8 · 0.6 mi
- 10
Redondo Union High School
high · 9-12 · 1.9 mi
Academy of the Arts
elementary · 0.3 mi
- 9
Madison Elementary School
elementary · K-5 · 0.4 mi
- 8
Washington Elementary School
elementary · K-5 · 0.6 mi
Price history
- Aug 12, 2026 · Listed$3,045,000
- Sep 24, 2024 · Listing Removed—
- Sep 10, 2024 · Price Changed For Rent$5,095
- Aug 15, 2024 · Price Changed For Rent$5,295
- Aug 9, 2024 · Price Changed For Rent$5,395
- Aug 1, 2024 · Listing Removed—
- Jul 29, 2024 · Price Changed For Rent$5,595
- Jul 27, 2024 · Price Changed For Rent$5,595
Tax history
- 2025$11,061 tax · $853,888 assessed
- 2024$10,553 tax · $837,146 assessed
- 2023$10,373 tax · $804,640 assessed
- 2022$10,239 tax · $788,864 assessed
- 2021$9,997 tax · $773,397 assessed
- 2020$10,006 tax · $765,467 assessed
- 2019$9,814 tax · $750,459 assessed
- 2018$9,475 tax · $735,745 assessed
Home value
$2,532,538
- Quantarium$2,532,538
- Collateral Analytics$1,869,000
Where it is
Listed by Steven Bogoyevac · Steven M. Bogoyevac, Broker · CRMLS
