Four-Unit Multifamily
For Sale
$2,350,000
2220 Huntington Lane, Redondo Beach, CA 90278
Redondo Beach, CA
Property Size4,917 SF
Lot Size0.17 Acres
Price / SF$477.93
Days on Market204
Property Features for 2220 Huntington Lane
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
RBR-2
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 4, Bathroom 1, Laundry Room, Bedroom 5, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3
Parking
4
Parking features
Assigned, Garage
Lot features
0-1 Unit/ Acre
Directions
On Huntington between Rindge and Slauson
Subdivision
152 - N Redondo Bch/Villas South
Standard status
Active
APN
4157021024
Lot size
0.17 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1973
Floors in Building
2
Number of units
4
Listing Agency:
Beach City Brokers
(310) 543-3536
Listed By:
Holly Kauffman · License #01948745
(310) 345-0165
Added: Feb 1
Changed: Aug 24
Last Checked: Aug 24 at 10:06PM
MLS# SB26024708
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This four-unit multifamily property offers approximately 4,917 square feet of living space. The unit mix includes one three-bedroom, two-bathroom residence and three two-bedroom, two-bathroom residences. The building was constructed in 1973 and occupies a 0.1722-acre lot.
Parking includes assigned spaces and garage parking. Public water and public sewer serve the property. Located in Redondo Beach’s South Bay area, the property is near beaches, parks, schools, shopping, dining, and major commuter routes.
Parking includes assigned spaces and garage parking. Public water and public sewer serve the property. Located in Redondo Beach’s South Bay area, the property is near beaches, parks, schools, shopping, dining, and major commuter routes.
Key Highlights
- Four‑unit property with one 3‑bedroom, 2‑bathroom unit and three 2‑bedroom, 2‑bathroom units
- Approximately 4,917 square feet of living space
- 0.1722‑acre lot in Redondo Beach
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$85,869
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,717,380
$1.7M
Cap Rate 7%
$1,226,700
$1.2M
Cap Rate 9%
$954,100
$954.1K
Market Conditions
NOI Build-Up for 4,917 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$132.8K $27.00/SF
− Vacancy
−$10.1K −$2.05/SF
EGI
$122.7K $24.95/SF
− OpEx
−$36.8K −$7.48/SF
NOI
$85.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,717,380
Cap Rate 7%
$1,226,700
Cap Rate 9%
$954,100
Alternative Uses
Best Use
Multifamily LT 5
$1.23M
$1.07M – $1.43M
NOI $85,869 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$1.13M
$989.0K – $1.32M
NOI $79,118 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$2.63M
$2.30M – $3.07M
NOI $184,278 @ 7.0% cap · market cap 7.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,454
Businesses Nearby
Explore this area
Business Placement
Demographics for 90278, CA
42,188
Population
16,628
Households
2.5
Avg Household Size
39
Median Age
62%
College-Educated
96%
High-School Grad
3.7 sq mi
ZIP Area
11,402
Density / Sq Mi
$148,581
Median Household Income
$86,999
Median Earnings
$2,417
Median Rent
$1,195,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - The property carries RBR-2 zoning and includes assigned and garage parking.
Where is this quadplex located?
The property is located at 2220 Huntington Lane Redondo Beach, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Four‑unit property with one 3‑bedroom, 2‑bathroom unit and three 2‑bedroom, 2‑bathroom units; Approximately 4,917 square feet of living space; 0.1722‑acre lot in Redondo Beach
