502 N Elena Avenue #1-7, Redondo Beach, CA 90277

Redondo Beach
Local realty services provided by:ERA Excel Realty
502 N Elena Avenue #1-7,Redondo Beach, CA 90277
$4,195,000
  • - Beds
  • - Baths
  • 4,840 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan mitchell
Office: kidder mathews of california, inc949-557-5000
MLS#:OC26003145
Source:CRMLS

Price summary

  • Price:$4,195,000
  • Price per sq. ft.:$866.74

About this home

***Price Reduced $155,000***This 7-unit apartment community offers investors desirable amenities and an exceptional location within Redondo Beach in the South Bay. The property features a diverse unit mix of three, two & onebedroom units with functional layouts that consistently attract long-term tenants. Residents benefit from onsite laundry and individual garages. The residences in the rear further distinguish themselves with select townhouse units and large private patios, offering a more spacious, modern living experience. This combination of location, design, and amenities ensures strong renter demand and positions the property for substantial rent and income growth as units are modernized and brought to market levels. • 6 of 7 units have been renovated to different states that include: new plumbing, electrical panels, kitchens, bathrooms, flooring, and hardware. • Demand Tailwinds: The severe monthly cost differential between renting ($3,550...

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Home facts

  • Year built:1964
  • Listing ID #:OC26003145
  • Added:116 day(s) ago
  • Updated:May 03, 2026 at 10:43 AM

Rooms and interior

  • Living area:4,840 sq. ft.

Heating and cooling

  • Heating:Radiant

Structure and exterior

  • Year built:1964
  • Building area:4,840 sq. ft.
  • Lot area:0.14 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,195,000
  • Price per sq. ft.:$866.74

Parking

  • Total parking spaces:12
  • Parking description:Assigned
  • Garage:Yes
  • Garage spaces:10
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