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Redondo Beach Apartment Complex
For Sale
$4,900,000

1318 Agate Street, Redondo Beach, CA 90277

Turnkey 9-unit apartment complex in prime Beryl Heights location.

Property SizeContact for details
Days on Market483

Property Features for 1318 Agate Street

General Information

Standard status Active

Building Details

Year Built 1963
Listing Agency: ARCHER INVESTMENT & CONSULTING INC.
Listed By: MELANIE ARCHER
Source: Corcoran
Added: May 10, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ARCHER INVESTMENT & CONSULTING INC.

Investment Insights

Based on property information with market context.

This is a turnkey 9-unit apartment complex located in the heart of Beryl Heights, Redondo Beach. The property is well-maintained with potential for value addition through interior renovations. The complex comprises nine garden-style apartment units spread across three buildings. The front unit is a stand-alone townhouse featuring three bedrooms and two and a half bathrooms, a full kitchen with a dining area, a living room with a fireplace, an in-unit washer/dryer, a two-car garage with a private driveway, and a fenced deck. The other two buildings house five spacious two-bedroom, two-bathroom units and two large two-bedroom, one-bathroom units. Two of the units have been renovated. Each unit opens to a courtyard. On-site laundry facilities and enclosed garages with storage are available for residents. The property is located one mile from the Pacific Ocean, across the street from a grocery store, a dog park, medical offices, and various retail establishments. Residents have access to local freeways and can walk to shops and the local pier and surrounding beach communities.

Key Highlights

  • Prime location in Beryl Heights, Redondo Beach, one mile from the Pacific Ocean and across the street from essential amenities.
  • Turn‑key 9‑unit apartment complex with income potential.
  • Unique stand‑alone townhouse unit with 3 bedrooms, 2.5 bathrooms, full kitchen, in‑unit washer/dryer, 2‑car garage, and private deck.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Grocery & Convenience Store Food Market Parking Lot & Garage Dental Office Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,118
Businesses Nearby

Demographics for 90277, CA

37,856
Population
18,229
Households
2.1
Avg Household Size
45
Median Age
70%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
10,516
Density / Sq Mi
$131,985
Median Household Income
$87,191
Median Earnings
$2,621
Median Rent
$1,403,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Turnkey 9-unit apartment complex in prime Beryl Heights location.
Where is this apartment building located?
The property is located at 1318 Agate Street Redondo Beach, CA.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Prime location in Beryl Heights, Redondo Beach, one mile from the Pacific Ocean and across the street from essential amenities.; Turn‑key 9‑unit apartment complex with income potential.; Unique stand‑alone townhouse unit with 3 bedrooms, 2.5 bathrooms, full kitchen, in‑unit washer/dryer, 2‑car garage, and private deck.
More about this property
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