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124 Palos Verdes Boulevard, Redondo Beach, CA 90277

Redondo Beach
Local realty services provided by:CENTURY 21 Allstars
124 Palos Verdes Boulevard,Redondo Beach, CA 90277
$7,300,000
  • - Beds
  • - Baths
  • 9,914 sq. ft.
  • Multi-family
  • Active
Listed by: william mulkey
Office: tr wealth management inc.310-316-1014
MLS#:SB26088593
Source:CRMLS

Price summary

  • Price:$7,300,000
  • Price per sq. ft.:$736.33

About this home

TR WEALTH MANAGEMENT, INC. is pleased to present a rare opportunity to acquire a 10-unit trophy multifamily asset located in the South Redondo Beach / Hollywood Riviera submarket. The addresses are 124-128 Palos Verdes Blvd totaling 9,914 sf with similar floor plans and ocean views. The property is two separate APN (Parcels) with 5 units each forming a central courtyard. Perched in a premier coastal setting, this asset has ocean and sunset views, offering a generational investment that attracts tenant demand. There are 10 Garages and 10 tandem spaces. A desirable unit mix of 9 large 2-bedrooms, 1 bathroom & 1 2-bedroom, 2 baths units offering 975 rentable area and spacious & functional layouts makes tenants want to reside here. With $800,000 in capital improvements, including fully remodeled interiors, upgraded plumbing and electrical systems, new subpanels, modern appliances, and extensive interior and exterior enhancements delivers a turnkey investment with minimal deferred...

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Home facts

  • Year built:1958
  • Listing ID #:SB26088593
  • Added:50 day(s) ago
  • Updated:June 19, 2026 at 10:54 AM

Rooms and interior

  • Kitchen Description:Dishwasher, Electric Cooktop, Electric Oven, Free Standing Range, Gas Oven, Pantry, Range Hood, Vented Exhaust Fan
  • Living area:9,914 sq. ft.

Heating and cooling

  • Heating:Floor Furnace, Wall Furnance

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1958
  • Building area:9,914 sq. ft.
  • Lot area:0.18 Acres
  • Construction Materials:Drywall, Stucco
  • Exterior Features:Lighting, RainGutters
  • Foundation Description:Raised

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$7,300,000
  • Price per sq. ft.:$736.33

Features and amenities

  • Appliances:Dishwasher, Electric Cook Top, Electric Oven, Free Standing Range
  • Laundry features:Stacked
  • Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Crown Molding, Gas Water Heater, Koi Pond, Open Floor Plan, Rain Gutters, Recessed Lighting

Parking

  • Total parking spaces:20
  • Parking description:Garage, Tandem
  • Garage:Yes
  • Garage spaces:10
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Allstars is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Allstars, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Joseph Villaescusa

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