526 Avenue A Redondo Beach, CA $ 2,395,000
526 Avenue A
$ 2,395,000
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526 Avenue A

Redondo Beach, CA, 90277
$ 2,395,000
Bedrooms7 Baths4.0 Sq 3,218

Monthly Estimate*

$ 15,918

Listed by Compass
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Multi-Family Home for sale in Redondo Beach, CA

for $2,395,000 with 7 bedrooms and 4 full baths. This 3,218 square foot home was built in 1939 on a lot size of 0.1397.

Opportunity to own a multi-unit property in South Redondo Beach close to the Riviera Village shopping, restaurants and two blocks from the beach! This lot features two houses - a front house with two rented units consisting of a 3 bedroom / 2 bathroom home, with an attached studio with kitchenette and its own entrance - AND - a 3 bedroom / 2 bathroom back house with rooftop ocean views and plenty of parking. The front house offers timeless charm with its original hardwood floors, a spacious bay window, and a cozy fireplace. It has been well maintained with recent updates to the electrical and plumbing systems. The front house also enjoys a wide front porch and large covered back deck. The studio has new floors, a full bath, kitchenette and private entrance. The newer back house is a 3 bedroom / 2 bathroom home with new carpet, paint and its own yard. One of the many highlights of the back house is the rooftop deck with an unparalleled panoramic view of the Pacific Ocean, extending from Palos Verdes to Malibu. Both houses enjoy their own garden area for kids and pets! Practical amenities include a spacious two-car garage and four extra covered off-street parking spots, ensuring convenience for residents and guests alike. With the potential for rental income from both houses, this property is great for an investor or someone looking to live in one home and lease the other home. Don't miss out on this opportunity to own an investment property two blocks from the ocean!

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Multi-Family Active

Price

$ 2,395,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.1397

Year Built

1939

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

PV24076357

Days on Market

49

Features
General
Interior Features BuiltinFeatures Balcony CeilingFans GalleyKitchen
Sewer PublicSewer
Heating Central
Cooling None
Appliances Dishwasher GasRange
Exterior Features Awnings Balcony
Zoning RBR-3
Garage Spaces 2.0
Patio/Porch Features Balcony
Pool Features None
Exclusions tenant's personal belongings fridges
Year Built 1939
Tenant Pays Electricity Gas
View Mountains Neighborhood Ocean
Stories 2
Levels Two
Property SubType Duplex
Gross Income 43560.0
Community Features DogPark StormDrains StreetLights Sidewalks
County Los Angeles
Net Operating Income 34928.0
Operating Expense 8632.0
Insurance Expense 2000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status ActiveUnderContract
Directions Cross Street: PCH and Avenue A
City Redondo Beach
Entry Location Front
View Y/N Y
Senior Community Y/N N
NumberOfUnitsTotal 3
MLS Area 156 - S Redondo Bch S of Torrance Bl
Lot Size Units SquareFeet
Lot Size Square Feet 6084.0
Private Pool N
Waterfront Y/N N
Carport Spaces 2.0
Carport Y/N Y
Number of Units Leased 2
Street Name Avenue A
Listing Terms Cash CashtoNewLoan Contract Submit
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 1020.0
Home Warranty Y/N N
Fuel Expense 960.0
Trash Expense 0.0
Water Sewer Expense 1752.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://www.zillow.com/view-3d-home/c7ee6651-e87b-496e-a08c-b186bb69264a?setAttribution=mls&wl=true https://www.zillow.com/view-3d-home/c7ee6651-e87b-496e-a08c-b186bb69264a?wl=true
Days on Market 38
Building Area Units SquareFeet
Standard Status ActiveUnderContract
Year Built Source SeeRemarks
Tax Lot 8
Total Actual Rent 43560.0
Property Sub Type Additional Duplex
Cap Rate 4.23
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Interior
Flooring Carpet Laminate Wood
Fireplace Features LivingRoom PrimaryBedroom
Total Stories 3
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features FrenchMullioned
Fireplace Y/N Y
Laundry Features CommonArea WasherHookup Inside LaundryRoom
Entry Level 2
Electric On Property Y/N N
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Exterior
Lot Features Item01UnitAcre FrontYard Garden Lawn
Water Source Public
Total Parking 4.0
Inclusions washer dryer
Lot Size Area 6084.0
Number of Buildings 2
Spa N
Building Area Total 3218.0
Lot Size Acres 0.1397
Lot Size Source Assessor
Door Features SlidingDoors
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 526
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* Excluded Features
List By
Compass

Broker

(310) 241-3038

Phone

Affordability Calculator

$15,918
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,918
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2024$2,395,000 Listed Price

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526 Avenue A, Redondo Beach, CA, 90277 is a Multi-Family Home for sale at $2,395,000 with 3,218 sqft and a lot size of 0.1397. 526 Avenue A has 7 bedrooms, 4.0 baths, and was built in 1939. The property's zip code is 90277 which is in Redondo Beach, CA