Multifamily
For Sale
$2,050,000
2417 Ruhland, Redondo Beach, CA 90278
Located near Hermosa and Manhattan Beach with a substantial residential layout.
Property Size4,267 SF
Days on Market109
Property Features for 2417 Ruhland
General Information
Standard status
Active
Size
4,267 SF
Property subtype
Apartment
Additional Details
Road Access
Yes
Building Details
Building Size
4,267 SF
Year Built
1973
Listing Agency:
South Bay Homes
Listed By:
Ralph Lepore · License #00820175
Source:
Truthrealty
Added: Apr 17
Changed: Aug 3
Last Checked: Aug 3 at 2:43AM
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 South Bay Homes
Investment Insights
Based on property information with market context.
This multifamily property at 2417 Ruhland in Redondo Beach, California, was built in 1973. Its residential configuration includes 9 bedrooms and 8 full baths, providing a substantial scale for a multifamily asset.
The property is located near Hermosa and Manhattan Beach. The address and bedroom-to-bathroom count offer clear context for evaluating the existing residential arrangement.
The property is located near Hermosa and Manhattan Beach. The address and bedroom-to-bathroom count offer clear context for evaluating the existing residential arrangement.
Key Highlights
- 9 bedrooms and 8 full baths
- Built in 1973
- Located at 2417 Ruhland, Redondo Beach, CA 90278
Financial Insights For Apartment 5plus
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 | $135.7k | $31.80 |
| − Vacancy | −$10.9k | −$2.54 |
| EGI | $124.8k | $29.26 |
| − OpEx | −$56.2k | −$13.17 |
| NOI | $68.7k | $16.09 |
4,267 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$980.8K
$858.2K – $1.14M
NOI $68,659 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.28M
$2.00M – $2.67M
NOI $159,917 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,382
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Located near Hermosa and Manhattan Beach with a substantial residential layout.
Where is this multifamily property located?
The property is located at 2417 Ruhland Redondo Beach, CA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 9 bedrooms and 8 full baths; Built in 1973; Located at 2417 Ruhland, Redondo Beach, CA 90278
