2-Unit Duplex with
New
For Sale
$1,119,000
2706 Robinson Street, Redondo Beach, CA 90278
Separate gas and electrical meters serve the units, which also have individual garages and interior laundry.
Property Size1,980 SF
Days on Market7
Property Features for 2706 Robinson Street
General Information
Standard status
Active
Size
1,980 SF
Property subtype
Duplex
Additional Details
Utilities to Site
Yes
Multifamily Units
2
Amenities
inside laundry
tankless water heaters
Building Details
Building Size
1,980 SF
Year Built
1947
Listing Agency:
Estate Properties
Listed By:
John Briscoe · License #00692202
(310) 918-3030
Source:
Archetyperealty
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 13 at 12:42AM
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 Estate Properties
Investment Insights
Based on property information with market context.
Built in 1947, this duplex contains two units with separate garages and separate gas and electrical meters. Both residences have tankless water heaters, and laundry is located inside. The front unit has upstairs bedrooms and one and a half bathrooms; it is occupied by long-term tenants. The rear unit is vacant and remodeled, with newer kitchen and bathroom finishes and upgraded electrical service. Most of its windows have been replaced with double-pane units.
Garage capacity differs by unit: the rear residence has a two-car garage, while the front has a one-and-a-half-car garage. A yard is located behind the rear unit.
Garage capacity differs by unit: the rear residence has a two-car garage, while the front has a one-and-a-half-car garage. A yard is located behind the rear unit.
Key Highlights
- Two‑unit duplex built in 1947
- Rear unit is vacant and remodeled, with newer kitchen and bathroom finishes and upgraded electrical service
- Tankless water heaters in both units; separate gas and electrical meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,578
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,560
$691.6K
Cap Rate 7%
$493,971
$494.0K
Cap Rate 9%
$384,200
$384.2K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$53.5K $27.00/SF
− Vacancy
−$4.1K −$2.05/SF
EGI
$49.4K $24.95/SF
− OpEx
−$14.8K −$7.48/SF
NOI
$34.6K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,560
Cap Rate 7%
$493,971
Cap Rate 9%
$384,200
Alternative Uses
Best Use
Multifamily LT 5
$494.0K
$432.2K – $576.3K
NOI $34,578 @ 7.0% cap · market cap 3.09%
Second Best
Apartment 5plus
$455.1K
$398.3K – $531.0K
NOI $31,860 @ 7.0% cap · market cap 2.85%
Theoretical Best
Office A
$1.06M
$927.6K – $1.24M
NOI $74,206 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,911
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate gas and electrical meters serve the units, which also have individual garages and interior laundry.
Where is this duplex located?
The property is located at 2706 Robinson Street Redondo Beach, CA.
What is the asking price?
The asking price for this property is $1,119,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1947; Rear unit is vacant and remodeled, with newer kitchen and bathroom finishes and upgraded electrical service; Tankless water heaters in both units; separate gas and electrical meters
