8-Unit Apartment
For Sale
Contact for pricing
Pending
500 N Helberta Ave, Redondo Beach, CA 90277
Renovated apartment property with private outdoor areas, onsite laundry, and secured garage parking.
Property SizeContact for details
Days on Market146
Property Features for 500 N Helberta Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Net Operating Income
$173,301
Financials
Cap Rate
3.75%
Gross Income
$255,840
Units
Unit Mix
3 x 2BR/1BA, 4 x 1BR/1BA, 1 x Studio
Multifamily Units
8
Amenities
on-site laundry
Building Details
Tenancy
Multi
Abandoned
No
Listing Agency:
RE/MAX Commercial & Investment Realty
Listed By:
Brian Estes · License #CA 01394559
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 9:10AM
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 RE/MAX Commercial & Investment Realty
Investment Insights
Based on property information with market context.
Located at 500 N Helberta Ave, this 8-unit apartment property includes a detached 2BR/1BA home. The unit mix consists of (3) 2 Bedrooms/1 Bathroom, (4) 1 Bedroom/1 Bathroom, and (1) Studio. Interiors feature renovated kitchens with shaker cabinetry, quartz countertops, designer tile backsplashes, and stainless steel appliances in most units. Updated bathrooms, hardwood laminate flooring, fresh paint, new windows, and individual water heaters are provided throughout. Seven of the 8 water heaters are brand new, and the plumbing and electrical systems have been replaced. Each residence includes private outdoor space, with select units offering ocean views. All units are occupied.
Property amenities include owner-operated onsite laundry and secured garage parking. One garage is currently used by the owner. The property is a few blocks from the beach, Redondo Beach Pier, marina, and Seaside Lagoon, with restaurants, Whole Foods, Starbucks, and schools within walking distance.
Property amenities include owner-operated onsite laundry and secured garage parking. One garage is currently used by the owner. The property is a few blocks from the beach, Redondo Beach Pier, marina, and Seaside Lagoon, with restaurants, Whole Foods, Starbucks, and schools within walking distance.
Key Highlights
- 8‑unit property with 2BR/1BA detached home included
- Unit mix: (3) 2 Bedrooms/1 Bathroom, (4) 1 Bedroom/1 Bathroom, and (1) Studio
- Renovated kitchens and bathrooms with updated finishes and fixtures
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,014
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated apartment property with private outdoor areas, onsite laundry, and secured garage parking.
Where is this apartment building located?
The property is located at 500 N Helberta Ave Redondo Beach, CA.
What are key features of this property?
This property features: 8‑unit property with 2BR/1BA detached home included; Unit mix: (3) 2 Bedrooms/1 Bathroom, (4) 1 Bedroom/1 Bathroom, and (1) Studio; Renovated kitchens and bathrooms with updated finishes and fixtures
