2700 Aviation Blvd Redondo Beach, CA 90278
Rare 41-unit multifamily property in prime Redondo Beach location.
Property Features for 2700 Aviation Blvd
General Information
- Standard status
- Active
Building Details
- Year built
- 1964
Source:
Corcoran
Listing Agent: Shane Young
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Redondo Beach Multifamily Investment Opportunity
Westview Apartments is a 41-unit multifamily property located in Redondo Beach. The property, available for the first time in over 50 years, is situated in a low-density submarket bordering Manhattan Beach. The property consists of two well-maintained buildings with a unit mix of 19 two-bedroom units, 20 one-bedroom units, and 2 three-bedroom units. The property is located near school districts and amenities. Select units feature balconies, fireplaces, townhome layouts, and walk-in closets. The property features a newer roof, upgraded plumbing, a heated pool, two owner-operated laundry facilities, and 41 assigned parking spaces on an oversized 0.73-acre lot. The property offers revenue potential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Aviation Apartments
Apartment Building
Location Insight
- Map
- Local Demand
- City
- Redondo Beach
- County
- Los Angeles
- State
- California
- Longitude
- -118.3795967
- Latitude
- 33.8797086
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Rare 41-unit multifamily property in prime Redondo Beach location.
Where is this apartment building located?
The property is located at 2700 Aviation Blvd Redondo Beach, CA.
What is the asking price?
The asking price for this property is $16,900,000.
What are key features of this property?
This property features: - Rare 41-unit multifamily property in prime Redondo Beach, first time on the market in over 50 years.; - Significant upside potential with a 4.17% Cap Rate and 54% potential increase in Net Operating Income (NOI).; - Located in a low-density submarket bordering Manhattan Beach, near acclaimed Beach City school districts.