Redondo Beach Four-Unit Income
2220 Huntington Ln 4 Redondo Beach, CA 90278
For Sale
$2,350,000
Four-unit income property in a prime Redondo Beach location.
Property Size4,917 SF
Price / SF$477.93
Days on Market98
Property Features for 2220 Huntington Ln 4
General Information
Standard status
Active
Size
4,917 SF
Property subtype
Investment
Building Details
Year Built
1973
Listing Agency:
Beach City Brokers
(310) 543-3536
Listed By:
Holly Kauffman · License #01948745
(310) 543-3536
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 12:27PM
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 Beach City Brokers
Investment Insights
Based on property information with market context.
Located in Redondo Beach, CA, the property at 2220 Huntington Avenue is a four-unit income property. The building encompasses approximately 4,917 square feet of living space. The property features one three-bedroom, two-bathroom unit, and three two-bedroom, two-bathroom units. The units offer comfortable layouts with ample living space. The property benefits from a coastal setting with convenient access to beaches, parks, schools, shopping, dining, and major commuter routes. The location drives rental demand, making the property an attractive investment.
Key Highlights
- Prime Redondo Beach location with convenient access to beaches, parks, schools, shopping, dining, and major commuter routes.
- Four‑unit income property with a desirable unit mix: one 3‑bedroom/2‑bathroom unit and three 2‑bedroom/2‑bathroom units.
- Approximately 4,917 square feet of living space, offering generously sized units.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.8k | $27.00 |
| − Vacancy | −$10.1k | −$2.05 |
| EGI | $122.7k | $24.95 |
| − OpEx | −$36.8k | −$7.48 |
| NOI | $85.9k | $17.46 |
4,917 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
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
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit income property in a prime Redondo Beach location.
Where is this quadplex located?
The property is located at 2220 Huntington Ln 4 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: Prime Redondo Beach location with convenient access to beaches, parks, schools, shopping, dining, and major commuter routes.; Four‑unit income property with a desirable unit mix: one **3‑bedroom/2‑bathroom unit and three 2‑bedroom/2‑bathroom units.**; Approximately 4,917 square feet of living space, offering generously sized units.
