2615 Curtis Avenue new

Redondo Beach,CA 90278

$ 2400000

8 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25142167

Bedrooms 8

Lot Size 7,501 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

2615 Curtis Ave, Redondo Beach, CA 90278, is ideally positioned in one of the South Bays 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 RSFwell valued in contrast to local medianthis property delivers immediate value Investors and Owner/Users will appreciate the propertys appeal and the exceptional fundamentals of Redondo Beachs 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
2615 Curtis Ave, Redondo Beach, CA 90278, is ideally positioned in one of the South Bays 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 RSFwell valued in contrast to local medianthis property delivers immediate value Investors and Owner/Users will appreciate the propertys appeal and the exceptional fundamentals of Redondo Beachs 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 Redondo Beach (90278)

Zoning Appraiser

Building

Story 2

Others

Monthly Total Fees $176

Acceptable Financing Cash,Conventional,Exchange

Space Rent $2,653

Listing Terms Cash,Conventional,Exchange

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