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236 S Helberta

Redondo Beach, CA 90277

$2,600,000 $10,961/Mo

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Overview

Bed

Bath

7,540

Sqft(Lot)

Description

Rare income property that doesn't feel like one. Each of the three residences lives more like its own single-family home, offering generous layouts, private living spaces, and character rarely found in today's rental market. Ideal for investors, owner-occupants, or those seeking cash flow and future upside, this versatile property offers exceptional flexibility. The front residence is a charming single-story 2-bedroom, 1-bath cottage with original hardwood floors, vintage built-ins, the original fold-away ironing board, and off-street parking for two vehicles. Beneath Units A and B is a 1,000-square-foot basement with community laundry, tenant storage, and a separate room with a half bath and shower head already installed. With the shower pan and tile work left unfinished, it offers an eas y opportunity to complete a full bath and potential for an ADU or fourth income-producing unit, buyer to verify. Built in 1994, the middle residence lives like a 3-bedroom, 2-bath with two bedrooms plus an office. Vaulted ceilings with exposed wood beams, an open living, dining, and kitchen area for entertaining, built-in library shelving, private patio, slight ocean peek, and two covered carport spaces complete the home. Privately tucked away at the rear, the largest residence is a spacious two-story 3-bedroom, 3-bath that lives like a 4-bedroom. The flexible floor plan offers a main-level primary suite, additional bedroom and bath, spacious living and dining areas, rear deck, private yard, attached 3-car garage, and an upstairs loft with another bedroom, bath, open living area, and peek-a-boo ocean views. The attached garage also features a full-width rear workspace, originally used as the owner's office, that houses the washer and dryer and is accessible from the garage and backyard through French doors. Each residence is separately metered for gas, water, and electricity, has forced-air heat, and is protected by a residential fire sprinkler system extending throughout the residences, garages, carports, and basement. Generating approximately $12,000 per month in gross rental income, the property offers immediate cash flow with additional upside through future rent growth and the potential basement conversion, buyer to verify. Parking for up to seven vehicles adds to its rental appeal. Located just six short blocks from the Redondo Beach Pier, King Harbor, the beach, residents enjoy ocean breezes, waterfront dining, shops, parks, bike paths, and the South Bay lifestyle.

Property Details

Property Type : ResidentialIncome

Price : $2,600,000

AD Id : 88297417

MLS Id : SB26150761

Beds : 7

Lot Size : 7,540 Sqft

Year Built : 1948

Garage : 3

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Interior Features

Loft

Appliances: Dishwasher, GasCooktop, Refrigerator, RangeHood, Dryer, Washer

Laundry Features: CommonArea, Inside
Heating & Cooling

Has Heating: Yes Heating: ForcedAir Cooling: None

Building Information

Year Built: 1948

Building Area Total: 4512

Pool Features: None

Private Pool: No

View: Neighborhood, PeekABoo

Lot Information

Main Square Feet: 7540 Lot Size Acres: 0.1731 Lot Size Source: Assessor Lot Size Square Feet: 7,540 Lot Description: ZeroToOneUnitAcre,BackYard

Listing Price Information

Listing Price: $2600000

Cash, CashToNewLoan, Conventional, Contract, Exchange1031

Tax Information

Parcel Number: 7506013018 Tax Lot: 42 Tax Block: 100

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 7 AttachedCarport, DoorMulti, Driveway, Garage, OffStreet

Garage Information

Has Garage: Yes Garage Space: 3

Location Information

Direction: Torrance Blvd to Helberta WaterSource: Public Security Features: CarbonMonoxideDetectors,FireSprinklerSystem,SmokeDetectors

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
118 S Lucia, Redondo Beach, CA, 90277	$2,695,000	9	7	5,124	5,124 SqFt
507 N Helberta, Redondo Beach, CA, 90277	$2,695,000	5	4	2,956	2,956 SqFt
215 S Broadway, Redondo Beach, CA, 90277	$2,800,000	6	5.5	1,712	1,712 SqFt

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236 S Helberta

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