USACARedondo Beach319 N Gertruda Ave
Listing image | Image 1

319 N Gertruda Ave, Redondo Beach, CA

House

For Sale

Listed price in listed location currency (USD).
$1,650,000

450

MLS® 26854135

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2669 sqft
Garage 
Taxes 
Days Active 3
Lot Size 0.1314 Acres
Approx. Age 1912
Avg. Price Per Sqft $618
MLS® Number 26854135

Property Address: 319 N Gertruda Ave, Redondo Beach, CA, 90277-2996

Average square foot calculated using Size range provided by listing agent.

Description

319 N. Gertruda Avenue presents a compelling opportunity to acquire a charming multifamily asset in the heart of South Redondo Beach. Ideally situated within a few blocks of the Redondo Beach Pier, King Harbor, and the Pacific Ocean, the property offers tenants an exceptional coastal lifestyle with convenient access to the beach, Riviera Village, Pacific Coast Highway, local cafs, restaurants, and everyday amenities. Positioned on a sizable 5, 724-SF lot, the property is comprised of (4) 1-bedroom/1-bathroom units and a detached studio/1-bathroom unit that will be delivered vacant. The character-rich residences feature hardwood floors, crown molding, and classic architectural details that contribute to the property's timeless appeal.From an investment perspective, the asset offers strong in-place income with meaningful rental upside, featuring a 5.24% current cap rate and 13.78 GRM with the potential to achieve a 6.09% pro-forma cap rate and 12.22 GRM. The property is enrolled in the Mills Act program, providing significant property tax savings that enhance cash flow and long-term returns, and is not subject to local rent control, defaulting instead to AB 1482. Priced at only $330, 000 per unit, the offering presents exceptional intrinsic value along with potential opportunity to add ADU(s), subject to buyer verification of zoning, feasibility, and permitting requirements.
MLS® Number26854135
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1912
Basement
DrivewayAssigned, Uncovered
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 30, 2026List Date
$1,650,000List Price
  • Commute

Commute

Starting Address
Destination Address
319 N Gertruda Ave, Redondo Beach, CA

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