About this home

Presenting a historic, turnkey 6-unit apartment community located in the heart of Redondo Beachjust blocks from the ocean and pier. This asset features an attractive mix of one 3-Bed/2-Bath and five 1-Bed/1-Bath apartments. Significant tax savings via an active Mills Act contract (saving ~60% on annual property taxes post-sale) boosts net cash flow. NO LOCAL RENT CONTROL! All 6 units are 100% occupied by qualified, long-term, at-market tenants. The entire property has been professionally designed and upgraded, including electrical (main panel + subpanels), plumbing, designer kitchens & baths, exterior facade, and landscaping. Easy to secure quality insurance based on key upgrades. Massive builder upside: architectural plans for 6 detached ADUs are approved by Planning and currently under Building Department review.

Facts and features

Schools

• Redondo Union High School

  high · 9-12 · 0.2 mi

  10

• Parras (Nick G.) Middle School

  middle · 6-8 · 0.6 mi

  7

• Beryl Heights Elementary School

  elementary · K-5 · 0.7 mi

  8

• South Bay Faith Academy

  elementary · 0.1 mi

• South Bay Faith Academy

  elementary · K-12 · 0.2 mi

• Redondo Beach Learning Academy

  high · 9-12 · 0.5 mi

Price history

• Oct 21, 2026 · Listed$3,950,000

Where it is