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2013 Ruhland Ave
Redondo Beach, CA 90278 North Redondo Beach

$2,150,000 USD

Apartments For Sale  •  4,895 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,895 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1972
  • Cap Rate 3.88 %
  • Zoning RBR-2
30 Transit Score
60 Walk Score

Highlights

Excellent North Redondo Location: Desirable coastal asset located 2 miles from Hermosa Beach Pier, Manhattan Beach Pier, and Pacific Ocean.
Attractive Unit Mix: Well-positioned asset featuring (1) 3-bed/2-bath unit, (2) 2-bed/1.5-bath townhouse units and (1) 2-bed/1.5-bath unit.
Large Fourplex on Expansive Lot: 4,895-SF property situated on a large 7,506-SF lot.
Ample Garage Parking: Total of 6 garage spaces.
Outstanding ADU Potential: Large lot and garages present desirable opportunity to add ADUs.
Strong Financial Upside: Offering a 3.88% current cap rate and 16.74 GRM, with a compelling 5.40% pro-forma cap rate and 13.27 GRM.

Financial Summary (Actual)

Net Operating Income: $83,493 USD (2025)
Cap Rate: 3.88 %
Total Expenses: $41,055 USD

Public Transportation

AirportDriveWalkDistance
Los Angeles International 14 min - 6.9 mi
Long Beach (Daugherty Field) 21 min - 14.3 mi
Bob Hope 44 min - 32.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: OneCarGarage
Included in Rent: Yes
Gianluca Jacoli 510-708-2662 Shield Commercial Real Estate
Gianluca Jacoli 510-708-2662 Shield Commercial Real Estate