Search
Redondo Beach Multifamily Investment Opportunity
For Sale
$16,900,000

2700 Aviation Boulevard, Redondo Beach, CA 90278

Rare 41-unit multifamily property in prime Redondo Beach location.

Property SizeContact for details
Days on Market434

Property Features for 2700 Aviation Boulevard

General Information

Standard status Active

Building Details

Year Built 1964
Listing Agency: YOUNGLEWIN ADVISORS, INC.
Listed By: SHANE YOUNG
Source: Corcoran
Added: Jun 9, 2025 Changed: Mar 16 Last Checked: Aug 16 at 5:10AM

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 YOUNGLEWIN ADVISORS, INC.

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Aviation Apartments Apartment Building

Suggested Use

Top Pick Parking Lot & Garage Law Firm Food Market Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

646
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

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 Boulevard 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message