2615 Curtis AVE new Save Request In-Person Tour Request Virtual Tour
Redondo Beach,CA 90278
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25142167
HOA Y/N No
Year Built 1972
Lot Size 7,501 Sqft
Property Sub-Type Apartment
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
Zoning RBR-3
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Urban
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4153026019
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard