124 Palos Verdes Boulevard
Redondo Beach, CA 90277
0
Bed
0
Bath
9,914Sqft
7,954Sqft(Lot)
TR WEALTH MANAGEMENT, INC. is pleased to present a rare opportunity to acquire a 10-unit trophy multifamily asset located in the South Redondo Beach / Hollywood Riviera submarket. The addresses are 124-128 Palos Verdes Blvd totaling 9,914 sf with similar floor plans and ocean views. The property is two separate APN (Parcels) with 5 units each forming a central courtyard. Perched in a premier coastal setting, this asset has ocean and sunset views, offering a generational investment that attracts tenant demand. There are 10 Garages and 10 tandem spaces. A desirable unit mix of 9 large 2-bedrooms, 1 bathroom & 1 2-bedroom, 2 baths units offering 975 rentable area and spacious & functional layouts makes tenants want to reside here. With $800,000 in capital improvements, including fully rem
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Composition,Shingle Exterior Property Features: Lighting,Rain Gutters Interior Features: Ceiling Fan(s),Crown Molding,Open Floorplan,Pantry,Recessed Lighting,Unfurnished Windows: Double Pane Windows,ENERGY STAR Qualified Windows Property Appliances: Dishwasher,Electric Cooktop,Electric Oven,Free-Standing Range,Gas Oven,Gas Water Heater,Range Hood,Vented Exhaust Fan Fireplace: Family Room -
Cooling Features
None Air ConditioningHeating Source
Floor Furnace,Wall Furnace Has HeatingFireplace
Fireplace Features: Family Room Has Fireplace: 1
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Building Information
Year Built: 1958 Building Area Total: 9,914 Construction: Drywall,Stucco Roof: Composition,Shingle -
Exterior Features
Lighting,Rain GuttersFoundation
RaisedSecurity Features
Carbon Monoxide Detector(s),Smoke Detector(s) -
Pool Features
NoneLaundry Features
Stacked
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1826 -
Lot Size Source: Public Records Lot Size Square Feet: 7954
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Listing Price Information
Original List Price: 7,300,000 Listing Contract Date: 2026-04-15 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 7514001005
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Garage and Parking
Garage Description: Garage,TandemHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas,Sewer,Trash Collection,Water
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Other Property Info
Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: Pacific coast hwy south to PV Blvd (Service Street) Elevated turn onto 124-128 PV Blvd Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Apartment -
Building and Construction
Property Age: 68 Common Walls: 2+ Common Walls Property Condition: Updated/Remodeled Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: PV Blvd Property Attached: Yes Levels or Stories: Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 416 N Prospect Ave, Redondo Beach, CA, 90277 | $1,499,000 | 4 | 2 | 1,760 | 1,760 SqFt |
| 1304 Amethyst Street, Redondo Beach, CA, 90277 | $2,249,000 | 9 | -- | 4,260 | 4,260 SqFt |
| 309 S Prospect Avenue, Redondo Beach, CA, 90277 | $1,339,000 | 3 | 2 | 1,086 | 1,086 SqFt |
| 1110 Barbara Street, Redondo Beach, CA, 90277 | $4,250,000 | 13 | -- | 6,792 | 6,792 SqFt |
| 907 Diamond Street, Redondo Beach, CA, 90277 | $1,600,000 | 4 | 1 | 1,594 | 1,594 SqFt |
| 601 El Redondo, Redondo Beach, CA, 90277 | $999,999 | 1 | 1 | 634 | 634 SqFt |
| 804 N Maria, Redondo Beach, CA, 90277 | $4,998,000 | 5 | 6 | 5,168 | 5,168 SqFt |
| 1007 Avenue C, Redondo Beach, CA, 90277 | $1,998,000 | 3 | 2 | 1,782 | 1,782 SqFt |
| 619 Beryl Street, Redondo Beach, CA, 90277 | $1,799,000 | 4 | 3 | 2,146 | 2,146 SqFt |
| 610 Carnelian, Redondo Beach, CA, 90277 | $2,299,000 | 7 | 3 | 2,546 | 2,546 SqFt |
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ByOwner last updated this listing 06/11/2026 @ 20:19
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