Active Under Contract

525 N Francisca Avenue

Redondo Beach, CA 90277
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Bed 24

Bed

Bath 0

Bath

SqFt12,192

Sqft

SqFt11,364

Sqft(Lot)

Located in South Redondo Beach, west of PCH, this exceptional coastal investment offers a rare opportunity to purchase a 12-unit apartment just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property consists of (12) 2-bedroom/1.75-bathroom units with spacious layouts, including four renovated units delivered vacant, allowing an investor to immediately capture market rents and drive income growth. The asset features strong in-place financials with a 4.35% current cap rate and 14.71 GRM, along with a projected 5.30% pro-forma cap rate and 12.79 GRM. This 11,364-SF asset is situated on a large 11,364-SF lot, which presents an attractive opportunity to add ADUs and further enhance returns. Additional highlights include 12 garages and an on-site laundry facility wh ich is able to generate additional income. Furthermore, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With its prime coastal location, desirable unit mix with spacious layouts, rent current income and upside potential, and long-term appreciation, this offering represents a true generational asset in one of the South Bay's most desirable rental markets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $6,100,000

AD Id : 76807585

MLS Id : 26674141

Beds : 24

Lot Size : 11,364 Sqft

Living Area Size : 12,192

Year Built : 1964

Garage : 12

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 24

    Bathroom Information

    Total Baths: 24
  • Interior Features

    Appliances: Washer
    Laundry Features: Laundry Room

  • Building Information

    Year Built: 1964
    Building Area Total: 12192
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 70x151 Main Square Feet: 11364 Lot Size Acres: 0.2609 Lot Size Source: Estimated Lot Size Square Feet: 11,364

  • Listing Price Information

    Listing Price: $6100000

  • Tax Information

    Parcel Number: 7503011032

  • Parking Information

    Parking Total: 12 Garage

    Garage Information

    Has Garage: Yes Garage Space: 12

  • Location Information

    Direction: West of PCH, South of Herondo Street, East of Elena Avenue, North of Beryl Street
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1304 Amethyst Street, Redondo Beach, CA, 90277 $2,249,000 9 -- 4,260 4,260 SqFt
1302 Amethyst Street, Redondo Beach, CA, 90277 $2,870,000 9 7 4,186 4,186 SqFt
309 S Prospect Avenue, Redondo Beach, CA, 90277 $1,299,000 3 2 1,086 1,086 SqFt
1012 Emerald Street, Redondo Beach, CA, 90277 $1,225,000 1 1 616 616 SqFt
909 Garnet, Redondo Beach, CA, 90277 $1,674,999 5 3 1,660 1,660 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
1021 Avenue D, Redondo Beach, CA, 90277 $2,999,000 4 4 4,112 4,112 SqFt
807 El Redondo Avenue, Redondo Beach, CA, 90277 $2,145,000 3 4 2,300 2,300 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/30/2026 @ 17:15

MLS: 26674141 LISTED BY: Gianluca Jacoli, Shield CRE, Inc. 310-593-9869 SOURCE: CRMLS

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