502 N Elena Avenue, Redondo Beach, CA 90277

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

Price summary

  • Price:$4,195,000

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 avg.) and owning ($11,248 avg.) in...

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Home facts

  • Listing ID #:OC26003145
  • Added:101 day(s) ago
  • Updated:April 18, 2026 at 01:58 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4

Heating and cooling

  • Heating:Radiant

Structure and exterior

  • Levels:2 Story

Finances and disclosures

  • Price:$4,195,000
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