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Residential Income Quadplex
For Sale
$2,300,000

424 S Broadway, Redondo Beach, CA 90277

Partially updated 2-bedroom home plus three additional non-conforming units with shared on-site laundry.

Property Size1,008 SF
Days on Market54

Property Features for 424 S Broadway

General Information

Standard status Active
Size 1,008 SF
Property subtype Quadruplex

Building Details

Building Size 1,008 SF
Year Built 1917
Listing Agency: Beach City Brokers
Listed By: Amber Romo · License #02036543
Source: Velocityrealtysd
Added: Jul 23 Changed: Aug 23 Last Checked: Sep 13 at 11:59AM

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 Beach City Brokers

Investment Insights

Based on property information with market context.

This residential income property includes a 2-bedroom, 1-bath house and an additional three non-conforming units, for a total of four units. The tax records reflect 1,008 square feet for the 2-bedroom, 1-bath house. The three additional units consist of a detached studio and two detached 1-bedroom, 1-bath units. The detached bungalow-style units have no adjoining walls and share on-site laundry. All units have been partially updated.

The property is west of Pacific Coast Highway and is described as about two blocks from the beach, with walk and transit characteristics reported as Walk Score 80 and Transit Score 33. Bike Score is reported as 50.

The unit configuration provides a mix of a primary house layout and three separate detached units, which may appeal to tenants seeking independent living spaces within one property.

Key Highlights

  • Year built 1917 with a 2‑bedroom, 1‑bath home totaling 1,008 sq ft (per tax records).
  • Includes 3 additional non‑conforming units: one studio and two 1‑bedroom/1‑bath units.
  • Detached bungalow‑style units have no adjoining walls, plus a shared laundry on site.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Barber Shop Storage Facility

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

2,210
Businesses Nearby

Demographics for 90277, CA

37,856
Population
18,229
Households
2.1
Avg Household Size
45
Median Age
70%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
10,516
Density / Sq Mi
$131,985
Median Household Income
$87,191
Median Earnings
$2,621
Median Rent
$1,403,800
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Partially updated 2-bedroom home plus three additional non-conforming units with shared on-site laundry.
Where is this quadplex located?
The property is located at 424 S Broadway Redondo Beach, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Year built 1917 with a 2‑bedroom, 1‑bath home totaling 1,008 sq ft (per tax records).; Includes 3 additional non‑conforming units: one studio and two 1‑bedroom/1‑bath units.; Detached bungalow‑style units have no adjoining walls, plus a shared laundry on site.
More about this property
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