CA > Redondo Beach
Redondo Beach, CA 90278,18216 Kingsdale Ave
Redondo Beach, CA 90278,18216 Kingsdale Ave
Redondo Beach, CA 90278,18216 Kingsdale Ave
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$4,625,000
Est. payment /mo
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15 Beds
18 Baths
9,398 SqFt
Active Under Contract

18216 Kingsdale Ave Redondo Beach, CA 90278

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Herman Singh

Herman Singh

+1(718) 679-7822

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,398 sqft

Price per Sqft $492

MLS Listing ID 25624773

Bedrooms 15

Year Built 1964

Lot Size 0.305 Acres

Acres 0.3051

Property Sub-Type Multi-Family

Property Description

We are pleased to present 18216 Kingsdale Ave, an 18-unit apartment opportunity in the highly desirable coastal community of Redondo Beach P.O. (City of Torrance). This rare offering provides immediate rental upside and long-term appreciation potential in one of the South Bay's most consistently strong rental markets. The property features 18 total units, consisting of 6 studio/one-bath, 9 one-bed/one-bath units, and 3 two-bed/one-bath units. Residents benefit from 18 garages, on-site laundry, and close proximity to major retail, dining, and employment hubs. Extensive capital improvements have recently been completed, including a brand-new roof, new electrical supply conduits, and the replacement of all main electrical supply wires leading to the existing breaker panels. With one unit currently vacant and in-place rents significantly below market across the remaining units, there is substantial potential to increase income through strategic renovations and repositioning. Priced at an attractive $256K per unit and $492 per square foot, the property provides an excellent entry basis for both value-add and long-term investors. Opportunities of this size and location in Redondo Beach are very rare. This asset offers investors the chance to acquire a well-located building with clear upside in one of Southern California's most supply constrained coastal markets.

Location

State CA

County Los Angeles

Area North Torrance West

Zoning TORR-MD

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Other

Laundry Laundry Area, Community

Exterior

Parking Features Garage Is Attached

Garage Spaces 18.0

Pool None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by BRC Advisors- BH

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Herman Singh

Herman Singh

Broker

+1(718) 679-7822

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18216 Kingsdale Ave