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705 S Pacific Coast Highway

Redondo Beach, CA 90277
  • $2,199,000
  • STATUS: Active Under Contract
  • ON SITE: 51 Days
  • MLS #: 24468849
Under Contract
UPDATED: 62 min ago
$2,199,000
  • 8
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,549
    SQFT
  • $483
    $/SQFT
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Gianluca Jacoli of Shield CRE, Inc. (310-593-9869) and Nick Peters of ()


Description

Don't miss out on this incredible mixed-use investment opportunity in the heart of South Redondo Beach! This property features a front retail unit with excellent visibility on the major thoroughfare of Pacific Coast Highway, plus four spacious 2-bedroom, 1-bath apartment units in the back. Each apartment comes with its own laundry hook-ups and a 1-car garage with an electric door opener. Enjoy the added convenience of new EV car chargers in all garages and recently replaced roofs for peace of mind. The 2-bedroom house with a private patio is the perfect bonus for extra income or owner-occupancy. Located just 5 blocks from the Pacific Ocean and less than a mile from the vibrant Riviera Village and Redondo Beach Pier, this property offers both a prime location and huge potential. With NO LA City rent control, this is the perfect opportunity to maximize your investment in one of California's most desirable coastal communities!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-24T09:33:42.267. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/158458301
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705 S Pacific Coast Highway Redondo Beach, CA 90277

  • Price: $2,199,000
  • Status: Active Under Contract
  • On Site: 51 Days
  • Updated: 62 min ago
  • MLS #: 24468849
8
Beds
0
Baths
0
½ Baths
0.17
Acres
4,549
SQFT
$483
$/SQFT
1925
Built
Neighborhood:
157 - S Redondo Bch W of PCH
County:
Los Angeles
Area:
157 - S Redondo Bch W of PCH
Property Description
Don't miss out on this incredible mixed-use investment opportunity in the heart of South Redondo Beach! This property features a front retail unit with excellent visibility on the major thoroughfare of Pacific Coast Highway, plus four spacious 2-bedroom, 1-bath apartment units in the back. Each apartment comes with its own laundry hook-ups and a 1-car garage with an electric door opener. Enjoy the added convenience of new EV car chargers in all garages and recently replaced roofs for peace of mind. The 2-bedroom house with a private patio is the perfect bonus for extra income or owner-occupancy. Located just 5 blocks from the Pacific Ocean and less than a mile from the vibrant Riviera Village and Redondo Beach Pier, this property offers both a prime location and huge potential. With NO LA City rent control, this is the perfect opportunity to maximize your investment in one of California's most desirable coastal communities!
Exterior Features

Number Of Separate Electric Meters 5 Parking Features Garage Parking Total 4 Patio And Porch Features OpenPatio

Interior Features

Appliances Washer

Property Features

Association YN No Cap Rate 5.03 Garage YN Yes Gross Income 158676 Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 110648 New Construction YN No Number Of Separate Gas Meters 5 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning RBC-2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-24T09:33:42.267. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Gianluca Jacoli of Shield CRE, Inc. (310-593-9869) and Nick Peters of ()