124 Palos Verdes Boulevard, Redondo Beach, CA 90277

Redondo Beach
Local realty services provided by:ERA North Orange County Real Estate
124 Palos Verdes Boulevard,Redondo Beach, CA 90277
$7,100,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: william mulkey
Office: tr wealth management inc.
MLS#:SB26088593
Source:San Diego MLS via CRMLS

Price summary

  • Price:$7,100,000

About this home

ANOTHER $200K PRICE REDUCTION! 4.5% CAP. TR WEALTH is pleased to present a rare opportunity to acquire a 10-unit trophy multifamily asset located in South Redondo Beach / Hollywood Riviera submarket. The addresses are 124-128 Palos Verdes Blvd totaling 9,914 sf with similar floor plans and ocean views. The property is two separate APN (Parcels) with 5 units each forming a central courtyard. Perched in a premier coastal setting, this asset has ocean views, offering a generational investment that attracts tenant demand. There are 10 Garages and 10 tandem spaces. A desirable unit mix of 9 large 2-bedrooms, 1 bathroom & 1 2-bedroom, 2 baths units offering 975 rentable area and spacious & functional layouts makes tenants want to reside here. With $800,000 in capital improvements, including fully remodeled interiors, upgraded plumbing and electrical systems, new subpanels, modern appliances, and extensive interior and exterior enhancements delivers a turnkey investment with minimal deferred...

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Home facts

  • Listing ID #:SB26088593
  • Added:106 day(s) ago
  • Updated:August 14, 2026 at 02:22 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4

Heating and cooling

  • Heating:Floor Furnace

Structure and exterior

  • Roof:Composition
  • Construction Materials:Stucco
  • Levels:Split Level

Finances and disclosures

  • Price:$7,100,000
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