525 N Francisca Avenue, Redondo Beach, CA 90277

Local realty services provided by:ERA North Orange County Real Estate
525 N Francisca Avenue,Redondo Beach, CA 90277
$6,100,000
  • 24 Beds
  • 24 Baths
  • 12,192 sq. ft.
  • Multi-family
  • Active
Listed by: gianluca jacoli
Office: shield cre, inc.
MLS#:26674141
Source:CRMLS

Price summary

  • Price:$6,100,000
  • Price per sq. ft.:$500.33

About this home

Located in South Redondo Beach, west of PCH, this exceptional coastal investment offers a rare opportunity to purchase a 12-unit apartment just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property consists of (12) 2-bedroom/1.75-bathroom units with spacious layouts, including four renovated units delivered vacant, allowing an investor to immediately capture market rents and drive income growth. The asset features strong in-place financials with a 4.35% current cap rate and 14.71 GRM, along with a projected 5.30% pro-forma cap rate and 12.79 GRM. This 11,364-SF asset is situated on a large 11,364-SF lot, which presents an attractive opportunity to add ADUs and further enhance returns. Additional highlights include 12 garages and an on-site laundry facility which is able to generate additional income. Furthermore, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With its prime coastal location, desirable unit mix...

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Home facts

  • Year built:1964
  • Listing ID #:26674141
  • Added:1 day(s) ago
  • Updated:April 07, 2026 at 01:43 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:24
  • Kitchen Description:Washer
  • Living area:12,192 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:12,192 sq. ft.
  • Lot area:0.26 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$6,100,000
  • Price per sq. ft.:$500.33

Features and amenities

  • Appliances:Washer
  • Laundry features:Laundry Room, Washer

Parking

  • Total parking spaces:12
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:12
Based on information from California Regional Multiple Listing Service, Inc. as of April 7, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.