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18216 Kingsdale Ave
Redondo Beach, CA 90278 Torrance

$4,625,000 USD

Apartments For Sale  •  9,398 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,398 SF
  • Lot Size 0.31 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 4.30 %
  • Zoning TORR-MD
54 Transit Score
81 Walk Score

Highlights

Rare Larger Asset in Redondo Beach | A sizable apartment opportunity Redondo Beach P.O. (City of Torrance) walking distance to the South Bay Galleria.
Brand New Roof and Supply Conduits | The property features a new roof installed in 2025, along with newly installed electrical supply conduits.
Attractive Day 1 Basis | The property is being offered at $256K/Unit and $492/ft, extremely attractive for any value-add or long-term investor.
Immediate Rental Upside and 1 Vacant Unit | With one unit vacant and occupied units well below market rate, this is a terrific value-add opportunity.
Attractive Tenant Amenities | The property features 18 garages and on-site laundry facilities.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $198,852 USD (2025)
Cap Rate: 4.30 %
Total Expenses: $121,089 USD

Public Transportation

AirportDriveWalkDistance
Los Angeles International 15 min - 8.9 mi
Long Beach (Daugherty Field) 20 min - 13.5 mi
Bob Hope 46 min - 33.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: AttachedGarage
Included in Rent: Yes
John Katnik 310-956-2291 BRC Advisors - BH, Inc.
John Katnik 310-956-2291 BRC Advisors - BH, Inc.