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Redondo Beach Four-Unit Building
For Sale
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118 S Lucia, Redondo Beach, CA 90277

Four spacious units with rooftop decks near schools and beach.

Property SizeContact for details
Days on Market184

Property Features for 118 S Lucia

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 1
Stories 2
Units 4
Listing Agency: Estate Properties
Listed By: Bill Ruane · License #CA 00972400
Source: Crexi
Added: Feb 23 Changed: Aug 8 Last Checked: Aug 8 at 6:38AM

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 Estate Properties

Investment Insights

Based on property information with market context.

This large four-unit building features spacious townhouse-style units, each with its own private rooftop deck. The property is located near highly-rated schools, the beach, and a variety of shopping and dining options. The units are in high demand. The building includes one three-bedroom, two-and-a-half-bath front unit and three two-bedroom, one-and-a-half-bath units. Ample parking is available, with three two-car garages. The garages and the lower level of the three-bedroom front unit present a potential Accessory Dwelling Unit (ADU) opportunity, subject to city approval, which could further increase income. The city of Redondo Beach is subject only to state rent control (AB1482).

Key Highlights

  • Private rooftop decks for each unit
  • Excellent location near top‑rated schools, the beach, shopping, and dining
  • Ample parking with three 2‑car garages

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Grocery & Convenience Store Food Market Daycare Center Barber Shop

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

1,672
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?
Quadplex - Four spacious units with rooftop decks near schools and beach.
Where is this quadplex located?
The property is located at 118 S Lucia Redondo Beach, CA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: Private rooftop decks for each unit; Excellent location near top‑rated schools, the beach, shopping, and dining; Ample parking with three 2‑car garages
(310) 877-2374 Call to check price and availability
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