Remodeled Redondo Beach Multifamily
For Sale
$3,775,000
2420 Grant Avenue, Redondo Beach, CA 90278
Five-unit property in Redondo Beach with modern upgrades and strong income.
Property SizeContact for details
Days on Market429
Property Features for 2420 Grant Avenue
General Information
Standard status
Active
Building Details
Year Built
1952
Listing Agency:
JENSEN REALTY
(310) 809-2891
Listed By:
DEVIN JENSEN · License #01893875
Source:
Corcoran
Added: Jun 14, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 JENSEN REALTY
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,554
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?
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.
