502 N Elena Avenue #1-7, Redondo Beach, CA 90277

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
502 N Elena Avenue #1-7,Redondo Beach, CA 90277
$4,195,000
  • - Beds
  • - Baths
  • 4,840 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan mitchell
Office: kidder mathews of california, inc
MLS#:OC26003145
Source:CRMLS

Price summary

  • Price:$4,195,000
  • Price per sq. ft.:$866.74

About this home

***Price Reduced $155,000***This 7-unit apartment community offers investors desirable amenities and an exceptional location within Redondo Beach in the South Bay. The property features a diverse unit mix of three, two & onebedroom units with functional layouts that consistently attract long-term tenants. Residents benefit from onsite laundry and individual garages. The residences in the rear further distinguish themselves with select townhouse units and large private patios, offering a more spacious, modern living experience. This combination of location, design, and amenities ensures strong renter demand and positions the property for substantial rent and income growth as units are modernized and brought to market levels. • 6 of 7 units have been renovated to different states that include: new plumbing, electrical panels, kitchens, bathrooms, flooring, and hardware. • Demand Tailwinds: The severe monthly cost differential between renting ($3,550

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Home facts

  • Year built:1964
  • Listing ID #:OC26003145
  • Added:45 day(s) ago
  • Updated:February 21, 2026 at 02:34 PM

Rooms and interior

  • Living area:4,840 sq. ft.

Heating and cooling

  • Heating:Radiant

Structure and exterior

  • Year built:1964
  • Building area:4,840 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,195,000
  • Price per sq. ft.:$866.74
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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