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18216 Kingsdale Ave
Redondo Beach, CA 90278
Value Add 18 Unit in North Redondo Beach!~ · Multifamily Property For Sale
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18 Units
Investment Highlights
- Rare Larger Asset in Redondo Beach | A sizable apartment opportunity Redondo Beach P.O. (City of Torrance) walking distance to the South Bay Galleria.
- Attractive Day 1 Basis | The property is being offered at $256K/Unit and $492/ft, extremely attractive for any value-add or long-term investor.
- Attractive Tenant Amenities | The property features 18 garages and on-site laundry facilities.
- Brand New Roof and Supply Conduits | The property features a new roof installed in 2025, along with newly installed electrical supply conduits.
- Immediate Rental Upside and 1 Vacant Unit | With one unit vacant and occupied units well below market rate, this is a terrific value-add opportunity.
Property Facts
| No. Units | 18 | Building Size | 9,398 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.92/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | TORR-MD - City of Torrance - Redondo Beach P.O. | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 9,398 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | TORR-MD - City of Torrance - Redondo Beach P.O. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | $1,422 | 375 |
| 1+1 | 9 | $1,684 | 550 |
| 2+1 | 3 | $1,960 | 800 |
Property Taxes
| Parcel Number | 4083-007-016 | Improvements Assessment | $990,099 |
| Land Assessment | $509,930 | Total Assessment | $1,500,029 |
Property Taxes
Parcel Number
4083-007-016
Land Assessment
$509,930
Improvements Assessment
$990,099
Total Assessment
$1,500,029
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