619-890-2828

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525 N Francisca Avenue, Redondo Beach, CA 90277

$6,100,000 Approx. USD 24 beds, 24 baths
12,192 sqft

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Photo of Rosamaria Acuna

Marketed By Rosamaria Acuna REALTOR® - Sales Associate 619-890-2828 m
619-890-2828 o
Lic#: 00980917
NRDS ID: 196503934
racuna@bhhscal.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275

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Listing Agent

Gianluca Jacoli | luca@shieldcre.com
Lic#: 01938297
Broker: Courtesy of Shield CRE, Inc.
Phone: 310-593-9861

Agent Remarks

Located in South Redondo Beach, west of PCH, this exceptional coastal investment offers a rare opportunity to purchase a 12-unit apartment just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property consists of (12) 2-bedroom/1.75-bathroom units with spacious layouts, including four renovated units delivered vacant, allowing an investor to immediately capture market rents and drive income growth. The asset features strong in-place financials with a 4.35% current cap rate and 14.71 GRM, along with a projected 5.30% pro-forma cap rate and 12.79 GRM. This 11,364-SF asset is situated on a large 11,364-SF lot, which presents an attractive opportunity to add ADUs and further enhance returns. Additional highlights include 12 garages and an on-site laundry facility which is able to generate additional income. Furthermore, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With its prime coastal location, desirable unit mix with spacious layouts, rent current income and upside potential, and long-term appreciation, this offering represents a true generational asset in one of the South Bay's most desirable rental markets.

Listing Details

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 26674141

Price: $6,100,000

Beds: 24

Baths: 24

Built in 1964

12,192 sqft

2 stories

0.26 acres

Lot size: 0.2609

County: Los Angeles

Zoning: RBR-3A

Appliances: Washer

Parking description: Garage

MLS area: 157 - S Redondo Bch W of PCH

Last Updated: 6/4/2026

Days On Market (DOM): 59

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This listing belongs to the 157 - S Redondo Bch W of PCH MLS area

Lat/Long: 33.849237, -118.390839.
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Previous Listing

Photo of Rosamaria Acuna

Rosamaria Acuna REALTOR® - Sales Associate 619-890-2828 m
619-890-2828 o
Lic#: 00980917
NRDS ID: 196503934
racuna@bhhscal.com
La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037