2420 Grant Avenue Redondo Beach, CA 90278

Building Details

Year Built

1952

Listing Agency JENSEN REALTY d***@gmail.com Show Phone

Listed by DEVIN JENSEN · License #01893875

Source Corcoran

Added: Jun 14, 2025 Checked: Mar 16 at 9:09 am

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Investment Insights

Based on property information with market context.

Located in Redondo Beach, this remodeled 5-unit multifamily property features a blend of modern luxury and coastal charm. The property includes two 3-bedroom, 2-bath units, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit. Each unit has been upgraded with individually controlled air conditioning, in-unit washer and dryer, and modern dishwashers. The units feature open floorplans. Outdoor areas include a private front yard for one of the 2-bedroom units, private backyards for the 3-bedroom units, and a shared courtyard for the upstairs units. The property is located near beaches, schools, and local amenities. The gross operating income is $231,108.

Key Highlights

• High Gross Operating Income: $231,108 annually, indicating a strong return on investment.
• All 5 units are beautifully remodeled with modern luxury and coastal charm.
• Desirable Location: Prime Redondo Beach location, close to beaches, top‑rated schools, and local amenities.

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FAQs

What type of property is this?

Apartment building - Five-unit property in Redondo Beach with modern upgrades and strong income.

Where is this apartment building located?

The property is located at 2420 Grant Avenue Redondo Beach, CA.

What is the asking price?

The asking price for this property is $3,775,000.

What are key features of this property?

This property features: High Gross Operating Income: $231,108 annually, indicating a strong return on investment.; All 5 units are beautifully remodeled with modern luxury and coastal charm.; Desirable Location: Prime Redondo Beach location, close to beaches, top‑rated schools, and local amenities.