REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,625,000
Est. payment /mo
Active Under Contract
213 S Francisca Avenue Redondo Beach, CA 90277
5 Beds
2,234 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,234 sqft
Price per Sqft $727
MLS Listing ID CL25580203
Bedrooms 5
HOA Y/N No
Year Built 1924
Lot Size 5,990 Sqft
Acres 0.14
Property Sub-Type OTHER
Property Description
Welcome to an unparalleled opportunity in South Redondo Beach, where coastal living meets smart investment! Just four blocks from the sandy shores, this exceptional stand-alone house with three additional units in the back is the ultimate owner-user or passive income property, blending the charm of beachside life with robust financial potential. The front unit is spacious 2-bedroom, 1.75-bathroom house featuring a private front yard - your perfect coastal retreat -while the other units, including a 2-bedroom/1-bathroom, a non-conforming 1-bedroom/1-bathroom (with potential for a future ADU buildout), and a studio/1-bathroom with a private backyard, generate strong rental income. The non-conforming 1-bedroom unit is being delivered vacant. Boasting a 4.89% current cap rate and 14.53 GRM, with a pro-forma cap rate of 6.29% for future growth, this cash-flowing gem operates under the favorable AB 1482 rent control, avoiding restrictive LA regulations for flexibility and long-term stability. Nestled on a large lot, the property offers ample outdoor space for parking, storage, and common areas, ideal for relaxing, hosting BBQs, or exploring enhancements to boost value. Located in a premier South Redondo Beach neighborhood, you're just a short stroll from the iconic Redondo Beach Pier,
Location
State CA
County Los Angeles
Zoning RBR-
Interior
Fireplace No
Laundry Washer, Other
Exterior
Total Parking Spaces 1
Building
New Construction No
Others
Tax ID 7505020008
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Gianluca Jacoli • Shield CRE, Inc.