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116 N Helberta Avenue, Redondo Beach, CA 90277

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For Sale
Sale Pending

$2,450,000

12 beds • 6 baths • 4,368 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $560.90
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

***CONTACT LISTING AGENT ALEX SMITH DIRECTLY 424.259.3830*** A rare investment opportunity in the heart of South Redondo. This 6-unit apartment property is situated within blocks of the beach, Redondo Union High, Parras Middle School, and restaurants and shopping along Torrance Blvd and PCH. The units are divided evenly between two buildings: 116 N Helberta Ave on the west side and 812 Spencer St on the east side. Each unit offers 2 bedrooms and 1 bathroom, with the ground-floor residences enjoying the most generous square footage and common patio space between the buildings. The property features (6) 1-car garages, along with driveway apron space accommodating 6+ additional vehicles a valuable amenity in this coastal location. Investors may consider the soft-story garages for conversion to ADU space. There is a shared coin-op laundry room on the ground floor of the Helberta building. Currently generating $149,520 in annual gross income, the property offers significant upside with a proforma of $237,600, representing a 37% rent growth potential after large-scale renovations. With strong in-place income, excellent parking, and compelling rental upside, this offering presents investors with both immediate returns and long-term value in a highly desirable Redondo Beach neighborhood.
MLS# SB25192795

Courtesy Of eXp Realty of California, Inc.

(888) 584-9427

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 116 N Helberta Avenue, Redondo Beach, CA 90277

Home seller CENTURY 21 Union Realty Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Union Realty Co.

(310) 371-6330
Learn More About Us

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Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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