18216 Kingsdale Avenue, Redondo Beach, CA 90278
Local realty services provided by:ERA Donahoe Realty
18216 Kingsdale Avenue,Redondo Beach, CA 90278
$4,625,000
- 15 Beds
- 18 Baths
- 9,398 sq. ft.
- Multi-family
- Pending
Listed by: john katnik
Office: brc advisors- bh
MLS#:25624773
Source:CRMLS
Price summary
- Price:$4,625,000
- Price per sq. ft.:$492.13
About this home
We are pleased to present 18216 Kingsdale Ave, an 18-unit apartment opportunity in the highly desirable coastal community of Redondo Beach P.O. (City of Torrance). This rare offering provides immediate rental upside and long-term appreciation potential in one of the South Bay's most consistently strong rental markets. The property features 18 total units, consisting of 6 studio/one-bath, 9 one-bed/one-bath units, and 3 two-bed/one-bath units. Residents benefit from 18 garages, on-site laundry, and close proximity to major retail, dining, and employment hubs. Extensive capital improvements have recently been completed, including a brand-new roof, new electrical supply conduits, and the replacement of all main electrical supply wires leading to the existing breaker panels. With one unit currently vacant and in-place rents significantly below market across the remaining units, there is substantial potential to increase income through strategic renovations and repositioning. Priced at an attractive $256K per unit and $492 per square foot, the property provides an excellent entry basis for both value-add and long-term investors. Opportunities of this size and location in Redondo Beach are very rare. This asset offers investors the chance to acquire a well-located building with clear upside in one of Southern California's most supply constrained coastal markets.
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Home facts
- Year built:1964
- Listing ID #:25624773
- Added:18 day(s) ago
- Updated:December 19, 2025 at 08:31 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:18
- Living area:9,398 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1964
- Building area:9,398 sq. ft.
- Lot area:0.31 Acres
Finances and disclosures
- Price:$4,625,000
- Price per sq. ft.:$492.13
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