2615 Curtis Avenue, Redondo Beach, CA 90278

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Sold Price
$2,200,000
List Price
$2,350,000
Closing Date
Sep 04, 2025
Status
CLOSED
MLS#
SB25142167
Year Built
1972
Lot Size
7,501
Acres
0.17
Lot Location
0-1 Unit/Acre
Days on Market
33
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

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

Additional Information

Pool Description
None
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$162,559
Operating Expense
41033

Listing courtesy of Listing Agent: Cameron Samimi (cameron@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

Listing sold by Cameron Samimi from Lyon Stahl Investment Real Estate, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.