2615 Rockefeller Ln - Apartments FOR SALE


Redondo Beach, CA 90278- North Redondo Beach
$2,150,000 USD
310-944-5188
2615 Rockefeller Ln, Redondo Beach, CA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/13
null | 3.82% Cap Rate

2615 Rockefeller Ln
Redondo Beach, CA 90278
North Redondo Beach


HIGHLIGHTS

  • ENGINEERED HARDWOOD FLOORS
  • OUTDOOR SPACES
  • well-maintained

OVERVIEW

Rare North Redondo Beach Multifamily Investment Opportunity Please CALL TERESA 310-626-5078 An exceptional four-unit multifamily asset has just become available in one of Redondo Beach’s most sought-after neighborhoods a property that hasn’t been on the market in decades. Unit Mix: • One freestanding 3-bedroom, 1-bath home with private yard, washer/dryer hookups in unit, engineered hardwood floors and so much more. • Three 2-bedroom, 1-bath units, each featuring engineered hardwood floors, washer/dryer hookups in units (lower unit has a private yard). Highlights: • All units are well-maintained, thoughtfully upgraded and have great rentability. • Strong tenant appeal with in-unit laundry, outdoor spaces, garages, and engineered hardwood flooring. • Ample street and nearby parking. • Long-term ownership with pride of care. Market Drivers: • Located in North Redondo Beach, one of the most desirable rental submarkets in the South Bay. • Historically low vacancy rates, ensuring consistent rental demand. • A short drive to beaches, restaurants, freeways, tech corridors, and major employment hubs. • Rare combination of stable cash flow and long-term appreciation potential. With decades since its last sale, this is a once-in-a-generation opportunity to secure a cornerstone multifamily asset in one of Southern California’s strongest rental markets.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$304 USD /SF

# OF UNITS

4

PRICE/UNIT

$537,500

CAP RATE

3.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rockefeller

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,908 SF

ZONING

R3

APN/PARCEL ID

4082-003-019

ASK ABOUT THIS PROPERTY

Michele BrownKW Commercial SoCalMore Info
310-944-5188

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Michele BrownKW Commercial SoCalMore Info
310-944-5188

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