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$ 4,625,000
Est. payment /mo
New
18216 Kingsdale Avenue Redondo Beach, CA 90278
9,398 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,398 sqft
Price per Sqft $492
MLS Listing ID CL25624773
HOA Y/N No
Year Built 1964
Lot Size 0.305 Acres
Acres 0.31
Property Sub-Type Other
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 u
Location
State CA
County Los Angeles
Zoning TORR
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Common Area
Building
New Construction No
Others
Tax ID 4083007016
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by John Katnik • BRC Advisors- BH