Bought with Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
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Key Details
Sold Price $2,200,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,088 sqft
Price per Sqft $432
MLS Listing ID CRSB25142167
Sold Date 09/04/25
HOA Y/N No
Year Built 1972
Lot Size 7,501 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
2615 Curtis Ave, Redondo Beach, CA 90278, is ideally positioned in one of the South Bay’s most sought-after neighborhoods. Redondo Beach is renowned for its vibrant coastal lifestyle, top-rated schools, and strong sense of community, all while offering quick access to major employment centers and the beach. The area remains exceptional with homes selling quickly and at premium prices, reflecting ongoing demand for quality multifamily assets Current Cap Rate of 4.96% and a rare 76% rental upside, new ownership can capitalize on significant income growth by bringing rents to market levels, far outperforming typical area returns. This exclusive offering features (4) four spacious Townhome-style units, (4) 2-Bed / 1.25-Ba, (1) 2-Bed / 1-Ba & total 5,088 SF of living space. Priced at a highly competitive $461 per RSF—well valued in contrast to local median—this property delivers immediate value Investors and Owner/Users will appreciate the property’s appeal and the exceptional fundamentals of Redondo Beach’s housing market, where the median price per square foot is $659 and properties routinely attract multiple offers. This is a prime opportunity to secure a stable, appreciating asset with substantial cash flow growth in a high-demand coastal enclave
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
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Mike Fowler
Broker Associate | License ID: 01157620
Broker Associate License ID: 01157620

