Search
10-Unit Apartment Property
New
For Sale
$2,900,000

3450 Redondo Beach Blvd, Torrance, CA 90504

Two adjoining five-unit buildings offer a mix of one- and two-bedroom apartments with garage parking.

Property Size7,088 SF
Days on Market3

Property Features for 3450 Redondo Beach Blvd

General Information

Standard status Active
Size 7,088 SF
Property subtype Multifamily
Occupancy 98%

Units

Unit Mix 4 x 2BR/1BA, 6 x 1BR/1BA
Multifamily Units 10
Parking per Unit 1

Additional Details

Cap Rate 4.93%

Amenities

Large Floor Plans
Two Adjacent Buildings
Diverse Unit Mix

Building Details

Building Size 7,088 SF
Buildings 2
Units 5
Listed By: Alex Scinta · License #License(s): CA: 02161763
Source: Marcusmillichap
Added: Oct 4 Last Checked: Oct 5 at 3:11PM

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 Alex Scinta

Investment Insights

Based on property information with market context.

The property comprises two adjacent apartment buildings with five units each. Across the 10 apartments, the mix includes four two-bedroom, one-bathroom homes and six one-bedroom, one-bathroom homes. Garage parking is provided at a 1:1 ratio.

Key Highlights

  • 10 apartments across two adjacent five‑unit buildings
  • Unit mix includes four two‑bedroom/one‑bath units and six one‑bedroom/one‑bath units
  • 1:1 garage parking

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Food Market Skin Care Clinic Grocery & Convenience Store Gym & Fitness Center

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

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

723
Businesses Nearby

Demographics for 90504, CA

32,503
Population
12,328
Households
2.6
Avg Household Size
42
Median Age
45%
College-Educated
92%
High-School Grad
4.4 sq mi
ZIP Area
7,387
Density / Sq Mi
$105,474
Median Household Income
$55,683
Median Earnings
$2,225
Median Rent
$897,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two adjoining five-unit buildings offer a mix of one- and two-bedroom apartments with garage parking.
Where is this apartment building located?
The property is located at 3450 Redondo Beach Blvd Torrance, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 10 apartments across two adjacent five‑unit buildings; Unit mix includes four two‑bedroom/one‑bath units and six one‑bedroom/one‑bath units; 1:1 garage parking
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
Why this one?
Saved
Reason not saved — we won't ask again