2700 Aviation Boulevard, Redondo Beach, CA 90278
Local realty services provided by:ERA North Orange County Real Estate
2700 Aviation Boulevard,Redondo Beach, CA 90278
$16,900,000
- 8 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:shane young
Office:younglewin advisors, inc.
MLS#:PW25111723
Source:San Diego MLS via CRMLS
Price summary
- Price:$16,900,000
About this home
We are proud to present Westview Apartments, a rare 41-unit multifamily property in prime Redondo Beach, available for the first time in over 50 years. Located in a low-density submarket bordering Manhattan Beach, this offering is one of only two 40+ unit apartment buildings to hit the market in the last 15 years. Priced at an attractive 4.17% Cap Rate with 54% upside in net operating income (NOI), Westview Apartments presents an exceptionally rare value-add opportunity. Market Cap Rate of 6.47% and Market GRM of 11.08! 2700 Aviation Blvd consists of two separate well-maintained buildings, and a unit mix of 19 two-bedroom units, 20 one-bedroom units, and 2 three-bedroom units. This property drives strong rental demand due to its proximity to acclaimed Beach City school districts and top tier amenities, while offering renters a cost-effective alternative to the high homeownership costs in Redondo Beach and Manhattan Beach. The property features a newer roof, upgraded plumbing, an oversized 0.73-acre lot with 41 assigned parking spaces, a heated pool, two owner-operated laundry facilities, and spacious floor plans with select units boasting balconies, fireplaces, townhome layouts, and walk-in closets. Westview Apartments offer significant revenue potential through the addition of up to 10 accessory dwelling units (ADUs), monetization of storage and parking, and implementation of a RUBS utility bill-back system. Its prime location, near major employers and retail along Rosecrans and Artesia Boulevards, and a short drive from PCH, I-405, and I-91 freeways, ensures tenant conven
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Home facts
- Listing ID #:PW25111723
- Added:136 day(s) ago
- Updated:October 03, 2025 at 01:55 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
Structure and exterior
- Roof:Rock/Gravel
Finances and disclosures
- Price:$16,900,000
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