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    Grant Ave Redondo Beach, CA 90278

    For Sale
    $3,675,000

    Five-unit property in Redondo Beach with modern upgrades.

    Property size:
    4,250 SF
    Lot size:
    0.17 Acres

    Property Features for Grant Ave

    General Information

    Standard status
    Active
    Size
    4,250 SF
    Lot size
    0.17 Acres

    Building Details

    Year built
    1952

    Source: JENSEN REALTY Agent DEVIN JENSEN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Redondo Beach Multifamily Property

    Located in Redondo Beach, the property at Grant Avenue features five units, including two 3-bedroom, 2-bath units, two 2-bedroom, 1-bath units, and one 1-bedroom, 1-bath unit. The property has been remodeled and offers a blend of modern luxury and coastal charm. Each unit includes individually controlled air conditioning, in-unit washer and dryer, and a modern dishwasher. The units feature open floorplans designed to maximize space and natural light. Outdoor areas include a private front yard for one of the 2-bedroom units, private backyards for the 3-bedroom units, and a shared courtyard for the upstairs units. The property is located in a desirable coastal community, near beaches, schools, and local amenities. The exterior has a beach-inspired design and high-end finishes. The property size is 4250 square feet. The gross operating income is $231,108, indicating a strong return in the rental market.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Redondo Beach
    County
    Los Angeles
    State
    California
    Longitude
    -118.3695462
    Latitude
    33.8690233

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property in Redondo Beach with modern upgrades.
    Where is this apartment building located?
    The property is located at Grant Ave Redondo Beach, CA.
    What is the asking price?
    The asking price for this property is $3,675,000.
    What are key features of this property?
    This property features: - High Gross Operating Income: $231,108, indicating a strong return on investment.; - All 5 units are beautifully remodeled with modern luxury and coastal charm.; - Desirable location in the heart of Redondo Beach, close to beaches, schools, and local amenities.
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    Grant Ave Redondo Beach, CA 90278
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Grant Ave Redondo Beach, CA 90278
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