2420 Grant Avenue presents a rare opportunity to acquire a turnkey 5-unit multifamily asset in one of the South Bay’s most desirable rental markets. Fully renovated inside and out, the property features a clean unit mix with long-term, stable tenants—offering immediate cash flow with significant upside in rental income over time.
Each unit has been thoughtfully updated with modern finishes, including new kitchens, updated bathrooms, flooring, and fixtures. The exterior has also been improved, offering strong curb appeal and low-maintenance operation.
Highlights:
5 fully renovated units in excellent condition
Long-term, stable tenants with consistent rent collection
Prime Redondo Beach location just minutes from beaches, schools, and major employers
Low-maintenance asset with minimal deferred maintenance
Excellent 1031 exchange or long-term hold opportunity
With strong in-place income and very limited multifamily supply in Redondo Beach, this is a rare chance to own a high-quality asset in a supply-constrained, high-demand rental market.