USACARedondo Beach525 N Francisca Ave
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525 N Francisca Ave, Redondo Beach, CA

House

For Sale

Listed price in listed location currency (USD).
$6,100,000

242412

MLS® 26674141

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 12192 sqft
Garage Yes
Taxes 
Days Active 9
Lot Size 
Approx. Age 1964
Avg. Price Per Sqft $500
MLS® Number 26674141

Property Address: 525 N Francisca Ave, Redondo Beach, CA, 90277-2124

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

Description

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.
MLS® Number26674141
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1964
Basement
DrivewayGarage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 6, 2026List Date
$6,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
525 N Francisca Ave, Redondo Beach, CA

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