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Apartment Building with In-Unit Laundry
For Sale
$2,995,000
Pending

523 Avenue G, Redondo Beach, CA 90277

COMMERCIAL - Redondo Beach, CA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market49

Property Features for 523 Avenue G

General Information

Property type Commercial Sale
Property subtype Other
Bedrooms 10
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bedroom 9, Bedroom 7, Bedroom 10, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 8, Bathroom 2, Bathroom 5, Laundry Room, Bedroom 5, Bedroom 6, Bathroom 4, Bedroom 2
Parking 10
Parking features Assigned, Garage, Open
Window features Blinds
Appliances Convection Oven, Gas Cooktop, Disposal, Gas Water Heater, Gas Oven
Lot features Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Garden, Sprinkler System
Directions Left on Prospect, Left on Avenue G, 3rd building on the right
Subdivision 156 - S Redondo Bch S of Torrance Bl
Standard status Pending
APN 7510028027
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Water source Public

Amenities

in-unit washer and dryer hookups
covered garage parking
uncovered parking

Building Details

Year built 1958
Floors in Building 2
Number of units 5
Flooring type Carpet, Laminate
Listing Agency: West Shores Realty, Inc.
Listed By: Dallas Brock · License #01867478
Added: Jun 19 Changed: Aug 4 Last Checked: Aug 6 at 3:06PM
MLS# SB26134422

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Apartment building at 523 Avenue G built in 1958, sitting on a 0.1466-acre lot. The property features in-unit washer and dryer hookups, laminate and carpet flooring, and an updated kitchen appliance set including a gas cooktop and gas oven. Parking is designed to serve residents with covered garage parking for each unit plus an additional uncovered parking space per unit.

Ownership benefits from recent capital improvements, including a new roof (June 2022), termite tenting with clearance (August 2021), full building painting (May 2022), and upgraded electrical panels (January 2026). The building has also undergone unit-level remodels, with updates listed for Unit A (January 2019), Unit B (January 2023), Unit D (February 2025), and Unit E (October 2025).

The property is served by public water and public sewer, supporting long-term functionality for a multifamily operation.

Key Highlights

  • In‑unit washer and dryer hookups
  • 0.1466‑acre lot; apartment building built in 1958
  • New roof completed June 2022

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store Food Market Daycare Center Storage Facility Home Appliance Store Auto Parts 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

2,009
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building with in-unit washer and dryer hookups plus covered garage parking for each unit.
Where is this apartment building located?
The property is located at 523 Avenue G Redondo Beach, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: In‑unit washer and dryer hookups; 0.1466‑acre lot; apartment building built in 1958; New roof completed June 2022
More about this property
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