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319 N Gertruda Avenue

Redondo Beach, CA 90277
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Bed 4

Bed

Bath 0

Bath

SqFt2,669

Sqft

SqFt5,724

Sqft(Lot)

319 N. Gertruda Avenue presents a compelling opportunity to acquire a charming multifamily asset in the heart of South Redondo Beach. Ideally situated within a few blocks of the Redondo Beach Pier, King Harbor, and the Pacific Ocean, the property offers tenants an exceptional coastal lifestyle with convenient access to the beach, Riviera Village, Pacific Coast Highway, local cafs, restaurants, and everyday amenities. Positioned on a sizable 5,724-SF lot, the property is comprised of (4) 1-bedroom/1-bathroom units and a detached studio/1-bathroom unit that will be delivered vacant. The character-rich residences feature hardwood floors, crown molding, and classic architectural details that contribute to the property's timeless appeal.From an investment perspective, the asset offers strong in -place income with meaningful rental upside, featuring a 5.24% current cap rate and 13.78 GRM with the potential to achieve a 6.09% pro-forma cap rate and 12.22 GRM. The property is enrolled in the Mills Act program, providing significant property tax savings that enhance cash flow and long-term returns, and is not subject to local rent control, defaulting instead to AB 1482. Priced at only $330,000 per unit, the offering presents exceptional intrinsic value along with potential opportunity to add ADU(s), subject to buyer verification of zoning, feasibility, and permitting requirements.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,650,000

AD Id : 87354144

MLS Id : 26854135

Beds : 4

Lot Size : 5,724 Sqft

Living Area Size : 2,669

Year Built : 1912

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 5 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1912 Building Area Total: 2,669

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1314 Lot Size Dimensions: 40x143
  • Lot Size Source: Estimated Lot Size Square Feet: 5724

  • Listing Price Information

    Original List Price: 1,650,000 Listing Contract Date: 2026-06-30
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 7503027010

  • Garage and Parking

    Garage Description: Assigned,Uncovered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 155 - S Redondo Bch N of Torrance Bl Postal Code Plus 4: 2996 Directions: West of Guadalupe Avenue, South of Carnelian Street, East of PCH, North of Diamond Street Zoning: RBR-3 Source Property Type: Residential Income Area: 155 - S Redondo Bch N of Torrance Bl
  • Building and Construction

    Property Age: 114 Year Built Source: Other Total Square Feet Living: 2669 Levels or Stories: One,Two Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
416 N Prospect Ave, Redondo Beach, CA, 90277 $1,475,000 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 $1,299,000 3 2 1,086 1,086 SqFt
507 Faye Lane, Redondo Beach, CA, 90277 $1,725,000 4 3 2,148 2,148 SqFt
1110 Barbara Street, Redondo Beach, CA, 90277 $4,250,000 13 -- 6,792 6,792 SqFt
1021 Camino Real, Redondo Beach, CA, 90277 $1,795,000 4 2 1,622 1,622 SqFt
601 El Redondo, Redondo Beach, CA, 90277 $949,000 1 1 634 634 SqFt
804 N Maria, Redondo Beach, CA, 90277 $4,750,000 5 6 5,168 5,168 SqFt
703 N Lucia, Redondo Beach, CA, 90277 $15,500 4 3 3,680 3,680 SqFt
1036 Avenue C, Redondo Beach, CA, 90277 $3,399,000 5 4 3,878 3,878 SqFt

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ByOwner last updated this listing 07/02/2026 @ 20:06

MLS: 26854135 LISTED BY: Gianluca Jacoli, Shield CRE, Inc. 310-593-9869 SOURCE: CRMLS

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