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525 N Francisca Avenue, Redondo Beach, CA 90277

Redondo Beach
Local realty services provided by:CENTURY 21 Coastal Properties
525 N Francisca Avenue,Redondo Beach, CA 90277
$6,100,000
  • 24 Beds
  • 24 Baths
  • 12,192 sq. ft.
  • Multi-family
  • Active
Listed by: gianluca jacoli
Office: shield cre, inc.310-593-9869
MLS#:26674141
Source:CRMLS

Price summary

  • Price:$6,100,000
  • Price per sq. ft.:$500.33

About this home

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...

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Home facts

  • Year built:1964
  • Listing ID #:26674141
  • Added:68 day(s) ago
  • Updated:June 14, 2026 at 10:34 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:24
  • Living area:12,192 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:12,192 sq. ft.
  • Lot area:0.26 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$6,100,000
  • Price per sq. ft.:$500.33

Features and amenities

  • Appliances:Washer
  • Laundry features:Washer

Parking

  • Total parking spaces:12
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:12
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 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, 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: Jennette Toderick

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