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Rockefeller 2615 Rockefeller Ln 4 Unit Apartment Building $1,985,000 ($496,250/Unit) 4.14% Cap Rate Redondo Beach, CA 90278

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Investment Highlights

  • ENGINEERED HARDWOOD FLOORS
  • well-maintained
  • OUTDOOR SPACES

Executive Summary

Rare North Redondo Beach Multifamily Investment Opportunity
Please CALL TERESA 310-626-5078
An exceptional four-unit multifamily asset has just become available in one of Redondo Beach’s most sought-after neighborhoods a property that hasn’t been on the market in decades. One unit will currently be delivered vacant.
Unit Mix:
• One freestanding 3-bedroom, 1-bath home with private yard, washer/dryer hookups in unit, engineered hardwood floors and so much more.
• Three 2-bedroom, 1-bath units, each featuring engineered hardwood floors, washer/dryer hookups in units (lower unit has a private yard).
Highlights:
• All units are well-maintained, thoughtfully upgraded and have great rentability.
• Strong tenant appeal with in-unit laundry, outdoor spaces, garages, and engineered hardwood flooring.
• Ample street and nearby parking.
• Long-term ownership with pride of care.
Market Drivers:
• Located in North Redondo Beach, one of the most desirable rental submarkets in the South Bay.
• Historically low vacancy rates, ensuring consistent rental demand.
• A short drive to beaches, restaurants, freeways, tech corridors, and major employment hubs.
• Rare combination of stable cash flow and long-term appreciation potential.
With decades since its last sale, this is a once-in-a-generation opportunity to secure a cornerstone multifamily asset in one of Southern California’s strongest rental markets.

Data Room Click Here to Access

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income $91,980 $13.01
Other Income - -
Vacancy Loss - -
Effective Gross Income $91,980 $13.01
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income
Annual $91,980
Annual Per SF $13.01
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $91,980
Annual Per SF $13.01
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $1,985,000
Price Per Unit $496,250
Sale Type Investment
Cap Rate 4.14%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.18 AC
Building Size 7,070 SF
Average Occupancy 75%
No. Stories 2
Year Built 1954
Parking Ratio 1.25/1,000 SF
Zoning R3 - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max)

Amenities

Unit Amenities

  • Washer/Dryer Hookup
  • Tub/Shower
  • Yard
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
9+4 4 - -
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
4082-003-019
Land Assessment
$57,089 (2025)
Improvements Assessment
$75,477 (2025)
Total Assessment
$132,566 (2025)
  • Listing ID: 37923619

  • Date on Market: 10/2/2025

  • Last Updated:

  • Address: 2615 Rockefeller Ln, Redondo Beach, CA 90278

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