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3728 Redondo Beach Blvd 4 Unit Apartment Building $1,395,000 ($348,750/Unit) 3.97% Cap Rate Torrance, CA 90504



Investment Highlights
- Prime North Torrance Location
- Private Patio and/or Outdoor Space for each Unit
- No Local Rent Control - Defaults to AB 1482
- Huge Upside in Rents
- 4 Garage Spaces
Executive Summary
Prime investment opportunity in a highly sought-after North Torrance location across the street from Alondra Park and close to El Camino College with strong neighboring employment in the area. This tenant occupied fourplex features a unit mix of (Four) 2-Bedroom/1 Bathroom units with no local rent control - defaults to AB1482. Each unit offers a cozy dining area, functional kitchen complete with electric stoves and private outdoor space with a patio or balcony. Additional amenities include on-site Laundry which generates additional annual income and one enclosed garage parking space per unit with rear access, plus ample street parking on Redondo Beach Blvd. A true unique offering with ample upside in one of the most desirable enclaves in the South Bay.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,395,000 | Apartment Style | Low-Rise |
| Price Per Unit | $348,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 3.97% | Building Size | 3,516 SF |
| Gross Rent Multiplier | 18.45 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Zoning | TORR-MH - Multi-Family residential | ||
| Price | $1,395,000 |
| Price Per Unit | $348,750 |
| Sale Type | Investment |
| Cap Rate | 3.97% |
| Gross Rent Multiplier | 18.45 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,516 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | TORR-MH - Multi-Family residential |
Amenities
Unit Amenities
- Balcony
- Kitchen
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 4087-002-010 | Improvements Assessment | $347,587 (2025) |
| Land Assessment | $409,867 (2025) | Total Assessment | $757,454 (2025) |
Property Taxes
Parcel Number
4087-002-010
Land Assessment
$409,867 (2025)
Improvements Assessment
$347,587 (2025)
Total Assessment
$757,454 (2025)
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3728 Redondo Beach Blvd
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