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124 Palos Verdes Boulevard, Redondo Beach, CA 90277

Redondo Beach
Local realty services provided by:CENTURY 21 Village Realty
124 Palos Verdes Boulevard,Redondo Beach, CA 90277
$7,500,000
  • - Beds
  • - Baths
  • 4,957 sq. ft.
  • Multi-family
  • Active
Listed by: william mulkey
Office: tr wealth management inc.310-316-1014
MLS#:SB26088593
Source:CRMLS

Price summary

  • Price:$7,500,000
  • Price per sq. ft.:$1,513.01

About this home

TR WEALTH MANAGEMENT, INC. is pleased to present this rare opportunity to acquire a 10-unit trophy multifamily asset located in the highly desirable South Redondo Beach / Hollywood Riviera submarket. The property is two separate APN (Parcel) with 5 units each forming a central courtyard. The addresses are 124-128 Palos Verdes Blvd. Perched in a premier coastal setting, the property offers ocean views, offering a generational investment that attracts tenant demand. There are 10 Garages and 10 tandem spaces. The desirable unit mix of 9 large two-bedroom, one-bathroom & 1 2 bedroom 2 bathroom units averaging 975 square feet, providing spacious & functional layouts. 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—delivering a turnkey investment with minimal deferred maintenance. The property has 8 of 10 units remodeled as new...

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Home facts

  • Year built:1958
  • Listing ID #:SB26088593
  • Added:1 day(s) ago
  • Updated:April 30, 2026 at 10:30 AM

Rooms and interior

  • Kitchen Description:Dishwasher, Electric Cooktop, Electric Oven, Free Standing Range, Gas Oven, Pantry, Range Hood, Vented Exhaust Fan
  • Living area:4,957 sq. ft.

Heating and cooling

  • Heating:Floor Furnace, Wall Furnance

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1958
  • Building area:4,957 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:$7,500,000
  • Price per sq. ft.:$1,513.01

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
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