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525 N Francisca Ave
Redondo Beach, CA 90277 Redondo Beach

$6,100,000 USD

Apartments For Sale  •  12,192 SF

Property Details

  • Property Type Apartments
  • Total Building Size 12,192 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1964
  • Cap Rate 4.35 %
  • Zoning RBR-3A
30 Transit Score
70 Walk Score

Highlights

Premier South Redondo Beach Location - West of PCH: Situated in one of the most desirable coastal submarkets, just a few blocks from the beach.
Attractive Unit Mix – All 2 Bed / 1.75 Bath Units: Highly desirable spacious layouts catering to strong renter demand.
Coastal Lifestyle Amenities: Located near the iconic Redondo Beach Pier, King Harbor, and the Pacific Ocean.
Renovated Units Delivered Vacant: Four upgraded units delivered vacant, allowing an investor to immediately achieve market rents.
Strong In-Place Income and Financial Upside: 4.35% current cap rate & 14.71 GRM with a 5.30% pro-forma cap rate & 12.79 GRM.
Large-Scale Asset on Expansive Lot with ADU Potential: 12,192-SF building on a large 11,364-SF lot presents a desirable opportunity to add ADUs.

Financial Summary (Actual)

Net Operating Income: $265,576 USD (2025)
Cap Rate: 4.35 %
Total Expenses: $138,207 USD

Amenities

  • Air Conditioning
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Heating
  • Recycling
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Los Angeles International 17 min - 7.7 mi
Long Beach (Daugherty Field) 24 min - 15.5 mi
Bob Hope 50 min - 34.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: OneCarGarage
Included in Rent: Yes
Gianluca Jacoli 510-708-2662 Shield Commercial Real Estate
Gianluca Jacoli 510-708-2662 Shield Commercial Real Estate