12-Unit Apartment Building with
525 N Francisca Ave Redondo Beach, CA 90277
525 N Francisca Ave, Redondo Beach, CA, 90277
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For Sale
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Twelve 2-bedroom units with 12 garages and an on-site laundry facility on a single lot.
Property Size11,364 SF
Lot Size0.26 Acres
Price / SF$536.78
Days on Market107
Property Features for 525 N Francisca Ave
General Information
- Standard status
- Active
- Size
- 11,364 SF
- Lot size
- 0.26 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1964
Listing agency
Shield Commercial Real Estate
Listed by
Luca Jacoli · License #CA 01938297
Source
Crexi
Added: Apr 7 Updated: Jul 21 at 8:19PM Checked: Jul 22 at 4:05AM
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 Shield Commercial Real Estate
Investment Insights
Based on property information with market context.
This 12-unit apartment building includes (12) two-bedroom, 1.75-bathroom units with spacious layouts. The offering also notes four renovated units delivered vacant, positioning the property to capture rental income immediately. The site includes 12 garages and an on-site laundry facility.
The property is located in South Redondo Beach, west of PCH, and is described as being just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean.
The asset is listed as approximately 11,364 SF on an 11,364 SF lot. The remarks state the property is not subject to Los Angeles rent control and instead falls under AB 1482, and that the lot presents an opportunity to add ADUs.
The property is located in South Redondo Beach, west of PCH, and is described as being just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean.
The asset is listed as approximately 11,364 SF on an 11,364 SF lot. The remarks state the property is not subject to Los Angeles rent control and instead falls under AB 1482, and that the lot presents an opportunity to add ADUs.
Key Highlights
- 12‑unit apartment building in South Redondo Beach, built in 1964
- All units are 2‑bedroom/1.75‑bath layouts; four renovated units delivered vacant
- Total size 11,364 SF on an 11,364 SF lot with 12 garages
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $361.4k | $31.80 |
| − Vacancy | −$28.9k | −$2.54 |
| EGI | $332.5k | $29.26 |
| − OpEx | −$149.6k | −$13.17 |
| NOI | $182.9k | $16.09 |
11,364 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.61M
$2.29M – $3.05M
NOI $182,856 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.08M
$5.32M – $7.10M
NOI $425,897 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Music Room Productions
Recording Studio
Expert Mold Removal ...
Home Inspector
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FAQs
What type of property is this?
Apartment building - Twelve 2-bedroom units with 12 garages and an on-site laundry facility on a single lot.
Where is this apartment building located?
The property is located at 525 N Francisca Ave Redondo Beach, CA.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: 12‑unit apartment building in South Redondo Beach, built in 1964; All units are 2‑bedroom/1.75‑bath layouts; four renovated units delivered vacant; Total size 11,364 SF on an 11,364 SF lot with 12 garages
