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502 N Elena Avenue, Redondo Beach, CA 90277

Redondo Beach
Local realty services provided by:CENTURY 21 Masters
502 N Elena Avenue,Redondo Beach, CA 90277
$4,195,000
  • 6 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jonathan mitchell
Office: kidder mathews of california, inc
MLS#:OC26003145
Source:San Diego MLS via CRMLS

Price summary

  • Price:$4,195,000

About this home

***Price Reduced $155,000***This 7-unit apartment community offers investors desirable amenities and an exceptional location within Redondo Beach in the South Bay. The property features a diverse unit mix of three, two & onebedroom units with functional layouts that consistently attract long-term tenants. Residents benefit from onsite laundry and individual garages. The residences in the rear further distinguish themselves with select townhouse units and large private patios, offering a more spacious, modern living experience. This combination of location, design, and amenities ensures strong renter demand and positions the property for substantial rent and income growth as units are modernized and brought to market levels. 6 of 7 units have been renovated to different states that include: new plumbing, electrical panels, kitchens, bathrooms, flooring, and hardware. Demand Tailwinds: The severe monthly cost differential between renting ($3,550 avg.) and owning ($11,248 avg.) in...

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Home facts

  • Listing ID #:OC26003145
  • Added:294 day(s) ago
  • Updated:October 28, 2026 at 01:54 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4

Heating and cooling

  • Heating:Radiant

Structure and exterior

  • Levels:2 Story

Finances and disclosures

  • Price:$4,195,000
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Randy Thompson

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