2519 Curtis Ave - Apartments FOR SALE


Redondo Beach, CA 90278- North Redondo Beach
$3,650,000 USD
310-899-3514
2519 Curtis Ave, Redondo Beach, CA for Sale
$3,650,000 USD
Apartments - FOR SALE
1/18
null | 5.32% Cap Rate

2519 Curtis Ave
Redondo Beach, CA 90278
North Redondo Beach


HIGHLIGHTS

  • Prime North Redondo Location. Close to the beach, shopping, dining and the bike path
  • Eco-Friendly, Central Heat & Air, Solar Power, EV Hookups for Electric Car Charging
  • Gourmet kitchen with Caesarstone countertops. Top of the line appliances.
  • Hardwood flooring, in-unit laundry in all units

OVERVIEW

Stunning 5-unit income property in highly desirable North Redondo Beach. This property is the epitome of sleek, modern coastal living. Units A, B & C have been completely remodeled, and units D & E are new construction, completed in 2024. Units are eco-friendly with central heating & air, solar power and electric hookups for cars. Hardwood flooring throughout with in-unit stacked laundry, and gourmet kitchens featuring Caesarstone countertops and top of the line appliances and fixtures with designer finishes. Property has been meticulously maintained with all five units fully occupied. Tenants are all responsible professionals and there is an excellent property manager currently in place. This is a prime investment opportunity in a building with close proximity to the beach, shopping and dining, and the bike path is right down the street. Adjacent property is a triplex under the same ownership and also available for purchase. Both properties are ideal for owner/user occupancy.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$727 USD /SF

# OF UNITS

5

PRICE/UNIT

$730,000

CAP RATE

5.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RBR-3

APN/PARCEL ID

4153-015-038

ASK ABOUT THIS PROPERTY

Julie LovettColdwell Banker Commercial RealtyMore Info
310-899-3514

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Julie LovettColdwell Banker Commercial RealtyMore Info
310-899-3514

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.