Redondo Beach, CA
Commercial Real Estate Market Trends & Data

$785 Avg asking sale price
$42 Avg asking lease rate
9,747 SF Avg unit lease size
6,389 SF Avg building size for sale
4.44% Average cap rate

Redondo Beach's Demographic Profile

Redondo Beach has 29,321 households and a median income of $129,721, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 71,664
# Households 29,321
Median age 43
Median household income $129,721
Avg household size 2.0
Renter-occupied housing units 14,319
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Redondo Beach, CA

↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Torrance $419 13,975 SF 7.36%
Lawndale $382 9,619 SF 5.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Redondo Beach $909 5,410 SF
Hermosa Beach $1,199 4,482 SF
Torrance $675 9,193 SF
Lawndale $681 7,657 SF
Manhattan Beach $1,254 3,658 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Redondo Beach $705 7,975 SF 7.85%
Hermosa Beach $928 4,042 SF 3.48%
Torrance $549 8,193 SF 6.76%
Lawndale $413 9,214 SF 7.85%
Manhattan Beach $938 3,453 SF 4.23%

Commercial Properties For Sale in Redondo Beach

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1250 Manhattan Beach Blvd

Manhattan Beach, CA 90266

  • 3,692 SF Multifamily
  • 3.99% Cap Rate
  • $3,045,000
For Sale

2118 Carnegie Ln

Redondo Beach, CA 90278

  • 5,302 SF Multifamily
  • 4.23% Cap Rate
  • $3,045,000
For Sale

313 Calle Miramar

Redondo Beach, CA 90277

  • 4,784 SF Multifamily
  • 3.24% Cap Rate
  • $3,495,000
For Sale

4 Units Steps From The Beach!

Hermosa Beach, CA 90254

  • 4,002 SF Multifamily
  • 3.28% Cap Rate
  • $3,500,000
For Sale

6 Units in Prime Hemosa Beach

Hermosa Beach, CA 90254

  • 4,604 SF Multifamily
  • 3.41% Cap Rate
  • $4,400,000
For Sale

Marina Tower

Redondo Beach, CA 90277

  • 40,827 SF Multifamily
  • 3.36% Cap Rate
  • $21,000,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Redondo Beach pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Redondo Beach $785 6,389 SF
Hermosa Beach $917 3,633 SF
Torrance $593 12,616 SF
Lawndale $464 10,214 SF
Manhattan Beach $1,041 2,562 SF

Regional Demographic Comparison

This comparison places Redondo Beach alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Redondo Beach or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Redondo Beach 71,664 29,321 43 $129,721 2 14,319 -2%
Hermosa Beach 19,519 9,104 42 $153,457 2 4,995 -2%
Torrance 142,040 54,322 44 $105,589 3 25,148 -3%
Lawndale 29,727 9,247 38 $75,464 3 6,174 -4%
Manhattan Beach 34,460 13,330 45 $180,173 3 4,415 -3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Redondo Beach, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Redondo Beach

View All Commercial Real Estate For Sale in Redondo Beach
Is Redondo Beach a good market for a first-time commercial real estate investor?

Redondo Beach offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Redondo Beach?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Redondo Beach. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Redondo Beach?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Redondo Beach. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Redondo Beach compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Redondo Beach. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Redondo Beach acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Redondo Beach, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends