Eight-Unit Apartment
New
For Sale
$4,200,000
6164 S Pacific Coast Hwy, Redondo Beach, CA 90277
Remodeled residences include private storage, shared laundry facilities, and courtyard access.
Property Size6,856 SF
Days on Market5
Property Features for 6164 S Pacific Coast Hwy
General Information
Standard status
Active
Size
6,856 SF
Total Parking Spaces
11
Property subtype
Investment
Units
Unit Mix
2 x 1BR/1BA, 6 x 2BR/2BA
Multifamily Units
8
Additional Details
Cap Rate
0.04%
Highway Access
Yes
Amenities
extra storage
supply storage
laundry room
Building Details
Building Size
6,856 SF
Year Built
1969
Units
8
Listing Agency:
(310) 245-7027
Listed By:
Jerry Tainter
(310) 245-7027
Source:
Elliman
Added: Aug 8
Changed: Aug 9
Last Checked: Aug 11 at 8:35AM
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 Jerry Tainter
Investment Insights
Based on property information with market context.
This 8-unit apartment building, constructed in 1969, offers a mix of two 1BR/1BA homes and six 2BR/2BA homes. Three apartments have been remodeled, with work underway in another unit. The property includes 11 subterranean garage parking spaces, individual storage for each apartment, supply storage, a laundry room, and courtyard entry access.
The property carries a Redondo Beach mailing address at 6164 S Pacific Coast Hwy and is located in Torrance. Hollywood Riviera Village and the beach are within walking distance, while the Redondo Beach Pier and Marina are a short distance away. The site also provides access to I-405 and I-110, LAX, and the LA Harbor. The stated present CAP is .04%, with a proforma of .045%.
The property carries a Redondo Beach mailing address at 6164 S Pacific Coast Hwy and is located in Torrance. Hollywood Riviera Village and the beach are within walking distance, while the Redondo Beach Pier and Marina are a short distance away. The site also provides access to I-405 and I-110, LAX, and the LA Harbor. The stated present CAP is .04%, with a proforma of .045%.
Key Highlights
- 8 units: two 1BR/1BA and six 2BR/2BA apartments
- Three apartments remodeled; renovation underway in a fourth
- 11 subterranean garage parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,052
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Remodeled residences include private storage, shared laundry facilities, and courtyard access.
Where is this apartment building located?
The property is located at 6164 S Pacific Coast Hwy Redondo Beach, CA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 8 units: two 1BR/1BA and six 2BR/2BA apartments; Three apartments remodeled; renovation underway in a fourth; 11 subterranean garage parking spaces
