702 S Pacific Coast Highway, Redondo Beach, CA 90277
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
702 S Pacific Coast Highway,Redondo Beach, CA 90277
$2,049,999
- 6 Beds
- 4 Baths
- 2,936 sq. ft.
- Multi-family
- Active
Listed by: gianluca jacoli
Office: shield cre, inc.310-593-9869
MLS#:26683107
Source:CRMLS
Price summary
- Price:$2,049,999
- Price per sq. ft.:$698.23
About this home
This exceptional fourplex presents a desirable owner-user opportunity in the highly sought-after South Redondo Beach market. The property features a vacant 2-bedroom unit - ideal for an investor looking to live on-site while generating supplemental rental income. Situated just blocks from the Pacific Ocean, the Redondo Beach Pier, and King Harbor, and less than one mile from Riviera Village, the property offers unparalleled access to premier coastal amenities, dining, and retail. Set on a spacious 8,512-square-foot lot, the asset also provides significant upside potential through the addition of ADUs, allowing a buyer to further enhance cash flow and long-term value (Buyer to verify). The property benefits from a highly attractive operating profile, with tenants responsible for electricity, gas, and cable/internet expenses while the landlord is only responsible for water, helping to minimize operating expenses. Not subject to local rent control and governed solely by AB 1482, the asset allows for favorable annual rent increases. Additional features include ample on-site parking with four garages and two surface spaces, as well as eligibility for residential financing, broadening the buyer pool and offering more competitive loan terms. With a strong 4.18% current cap rate and 16.31 GRM, along with a 4.77% pro-forma cap rate and 14.86 GRM, this investment offers both stable in-place income and meaningful upside potential....
Contact an agent
Home facts
- Year built:1943
- Listing ID #:26683107
- Added:45 day(s) ago
- Updated:May 24, 2026 at 10:39 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Living area:2,936 sq. ft.
Structure and exterior
- Year built:1943
- Building area:2,936 sq. ft.
- Lot area:0.2 Acres
- Levels:1 Story
Finances and disclosures
- Price:$2,049,999
- Price per sq. ft.:$698.23
Parking
- Total parking spaces:6
- Parking description:Assigned, Garage
- Garage:Yes
- Garage spaces:4
New listings near 702 S Pacific Coast Highway
- Coming Soon
$1,199,000Coming Soon4 beds 3 baths2514 Vanderbilt Lane #C, Redondo Beach, CA 90278
MLS# SB26101842Listed by: REALTY ONE GROUP UNITED - Coming SoonOpen Thu, 4:30 to 6:30pm
$1,795,000Coming Soon4 beds 3 baths1911 Curtis Avenue #A, Redondo Beach, CA 90278
MLS# SB26111158Listed by: KELLER WILLIAMS REALTY - Coming Soon
$2,899,000Coming Soon5 beds 4 baths2000 Robinson St W, Redondo Beach, CA 90278
MLS# PV26110872Listed by: COLDWELL BANKER REALTY - New
$1,155,000Active3 beds 3 baths1,885 sq. ft.1710 Grant #14, Redondo Beach, CA 90278
MLS# PW26110836Listed by: 1VISION REAL ESTATE - Open Sun, 2 to 4pmNew
$815,000Active1 beds 1 baths619 sq. ft.620 The Village #212, Redondo Beach, CA 90277
MLS# SB26109288Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY - Open Sun, 2 to 4pmNew
$815,000Active1 beds 1 baths619 sq. ft.620 The Village #212, Redondo Beach, CA 90277
MLS# SB26109288Listed by: VISTA SOTHEBYS INTERNATIONAL REALTY - New
$939,000Active2 beds 3 baths1,496 sq. ft.2310 Mathews Avenue #5, Redondo Beach, CA 90278
MLS# SB26102398Listed by: ESTATE PROPERTIES - New
$1,799,000Active4 beds 3 baths2,213 sq. ft.2005 Mathews Avenue #B, Redondo Beach, CA 90278
MLS# SB26110305Listed by: THOMPSON TEAM REAL ESTATE, INC. - Open Sun, 2 to 6pmNew
$1,795,000Active2 beds 2 baths1,419 sq. ft.727 Esplanade #306, Redondo Beach, CA 90277
MLS# SB26097055Listed by: ESTATE PROPERTIES - New
$2,499,000Active-- beds -- baths5,032 sq. ft.1923 Gates, Redondo Beach, CA 90278
MLS# SB26109405Listed by: EXP REALTY OF CALIFORNIA INC