116 N Helberta Avenue, Redondo Beach, CA 90277

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116 N Helberta Avenue,Redondo Beach, CA 90277
$2,450,000
  • - Beds
  • - Baths
  • 4,368 sq. ft.
  • Multi-family
  • Pending
Listed by:alex smith
Office:exp realty of california inc
MLS#:SB25192795
Source:CRMLS

Price summary

  • Price:$2,450,000
  • Price per sq. ft.:$560.9

About this home

A rare investment opportunity in the heart of South Redondo. This 6-unit apartment property is situated within blocks of the beach, Redondo Union High, Parras Middle School, and restaurants and shopping along Torrance Blvd and PCH. The units are divided evenly between two buildings: 116 N Helberta Ave on the west side and 812 Spencer St on the east side. Each unit offers 2 bedrooms and 1 bathroom, with the ground-floor residences enjoying the most generous square footage and common patio space between the buildings. The property features (6) 1-car garages, along with driveway apron space accommodating 6+ additional vehicles—a valuable amenity in this coastal location. Investors may consider the soft-story garages for conversion to ADU space. There is a shared coin-op laundry room on the ground floor of the Helberta building. Currently generating $149,520 in annual gross income, the property offers significant upside with a proforma of $237,600, representing a 37% rent

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Home facts

  • Year built:1964
  • Listing Id #:SB25192795
  • Added:1 day(s) ago
  • Updated:August 27, 2025 at 11:25 AM

Rooms and interior

  • Living area:4,368 sq. ft.

Structure and exterior

  • Year built:1964
  • Building area:4,368 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,450,000
  • Price per sq. ft.:$560.9
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