Triplex with ADU
For Sale
$1,750,000
622 S Pacific Coast Hwy, Redondo Beach, CA 90277
Triplex for sale offering the possibility to add up to three ADUs, subject to buyer verification.
Property Size2,420 SF
Days on Market75
Property Features for 622 S Pacific Coast Hwy
General Information
Standard status
Active
Size
2,420 SF
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
3
Amenities
Rare opportunity to acquire a well-maintained triplex in the highly desirable South Redondo Beach submarket
Significant value-add potential with the ability to add up to three ADUs (Buyer to verify), creating a compelling opportunity to increase cash flow and long-term value
Pride of ownership asset featuring strong curb appeal and exceptional maintenance throughout ownership
Premier location just minutes from the Riviera Village, offering walkable access to dining, shopping, entertainment, and coastal amenities
Building Details
Building Size
2,420 SF
Units
3
Tenancy
Multi
Listing Agency:
South Bay Office
(424) 405-3855
Listed By:
Jon Weir · License #License(s): CA: 02038545
(424) 405-3855
Source:
Marcusmillichap
Added: Jun 11
Changed: Aug 8
Last Checked: Aug 24 at 3:22AM
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 South Bay Office
Investment Insights
Based on property information with market context.
This for-sale triplex at 622 S Pacific Coast Highway presents a three-unit residential income opportunity. The property is described as pride-of-ownership and well maintained, and it also offers potential value-add flexibility through the possibility of adding up to three Accessory Dwelling Units (ADUs), subject to buyer verification.
The asset is positioned in the heart of South Redondo Beach, with convenient access described as moments from Riviera Village and its mix of restaurants, boutique shopping, entertainment venues, and nearby beach areas. The listing also emphasizes local day-to-day convenience tied to the South Bay lifestyle and proximity to major employment centers throughout the region.
For investors or owner-operators seeking a residential income property with expansion potential, the existing triplex configuration provides immediate unit utility while the ADU concept may offer a path to reconfigure or expand the overall residential footprint, subject to confirming feasibility. Prospective buyers should review all ADU requirements and constraints directly during due diligence to determine what can be permitted and ultimately delivered.
The asset is positioned in the heart of South Redondo Beach, with convenient access described as moments from Riviera Village and its mix of restaurants, boutique shopping, entertainment venues, and nearby beach areas. The listing also emphasizes local day-to-day convenience tied to the South Bay lifestyle and proximity to major employment centers throughout the region.
For investors or owner-operators seeking a residential income property with expansion potential, the existing triplex configuration provides immediate unit utility while the ADU concept may offer a path to reconfigure or expand the overall residential footprint, subject to confirming feasibility. Prospective buyers should review all ADU requirements and constraints directly during due diligence to determine what can be permitted and ultimately delivered.
Key Highlights
- Triplex at 622 South Pacific Coast Highway in South Redondo Beach
- Potential to add up to three Accessory Dwelling Units (ADUs), subject to buyer verification
- Pro forma rents reflect anticipated market rents once the proposed ADUs are constructed and operational
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,737
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
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex for sale offering the possibility to add up to three ADUs, subject to buyer verification.
Where is this triplex located?
The property is located at 622 S Pacific Coast Hwy Redondo Beach, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Triplex at 622 South Pacific Coast Highway in South Redondo Beach; Potential to add up to three Accessory Dwelling Units (ADUs), subject to buyer verification; Pro forma rents reflect anticipated market rents once the proposed ADUs are constructed and operational
