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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$ 2,400,000
Est. payment /mo
Active
2615 Curtis AVE Redondo Beach, CA 90278
7,501 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25142167
Year Built 1972
Lot Size 7,501 Sqft
Source California Regional MLS
Property Description
2615 Curtis Ave, Redondo Beach, CA 90278, is ideally positioned in one of the South Bay's most sought-after neighborhoods. Redondo Beach is renowned for its vibrant coastal lifestyle, top-rated schools, and strong sense of community, all while offering quick access to major employment centers and the beach. The area remains exceptional with homes selling quickly and at premium prices, reflecting ongoing demand for quality multifamily assets Current Cap Rate of 4.85% and a rare 40% rental upside, new ownership can capitalize on significant income growth by bringing rents to market levels, far outperforming typical area returns. This exclusive offering features (4) four spacious Townhome-style units, (4) 2-Bed / 2-Ba, (1) 2-Bed / 1-Ba & total 5,088 SF of living space. Priced at a highly competitive $471 per RSF-well valued in contrast to local median-this property delivers immediate value Investors and Owner/Users will appreciate the property's appeal and the exceptional fundamentals of Redondo Beach's housing market, where the median price per square foot is $659 and properties routinely attract multiple offers. This is a prime opportunity to secure a stable, appreciating asset with substantial cash flow growth in a high-demand coastal enclave
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry None
Exterior
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 4153026019
Special Listing Condition Not Applicable
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