Multi-Family Properties in Redondo Beach

Multi-Family Properties in Redondo Beach, California

Get Multi-Family Properties in Redondo Beach

Redondo Beach offers exceptional opportunities for multi-family property investors seeking coastal California real estate. Located in Los Angeles County, this vibrant beach community attracts renters seeking oceanfront lifestyle amenities and strong employment corridors. Multi-family properties here benefit from consistent tenant demand, appreciation potential, and rental income stability. Whether you're seeking apartment buildings, duplexes, or mixed-use properties, Redondo Beach's desirable location near Manhattan Beach, Hermosa Beach, and downtown Los Angeles makes it an ideal investment destination. Our experienced agents specialize in identifying high-yield multi-family opportunities tailored to your investment goals and financial objectives.

Redondo Beach Real Estate Market

Redondo Beach's multi-family market remains competitive with strong rental demand from young professionals and families. Properties appreciate steadily due to limited coastal inventory and proximity to major employment centers. Average rents range from $2,200 to $3,500 monthly for two-bedroom units. Cap rates typically range 4-6% for well-maintained properties. The market demonstrates resilience with consistent occupancy rates above 92%. Interest in sustainable, modern amenities drives property values upward.

2026 Market Snapshot — Redondo Beach, CA

Estimated based on recent market conditions. Anthony confirms exact pricing per property.

Median Sale Price
$1,285,000
Median Price per Sq Ft
$892
Median Days on Market
32
Median Monthly Rent
$3,450
Active Listings
87
Year-over-Year
+3.1%

Redondo Beach stabilizes post-2025 inventory surge; coastal premium persists despite AB 1482 rental uncertainty affecting investor demand.

Updated: Aug 2026

💰 Price Range

Multi-family properties in Redondo Beach range from $800,000 to $4.5 million depending on size, condition, and income. Duplex properties start around $900,000. Apartment buildings with 4+ units typically range $1.5 to $3.2 million. Oceanfront or recently renovated properties command premium pricing. Financing available for qualified investors.

Ready to connect with a local specialist?

Anthony Galeano | DRE #01249041 | Real Brokerage Technologies | DRE #02022092 | CA Licensed Realtor

📞 (310) 437-3343

📋 Need Legal Documents?

Prepare your own legal documents at MultiServicios360.net

View documents →

🏠 Buyer Tips

Analyze rental comps and tenant history before purchasing. Review property condition reports thoroughly, including plumbing, electrical, and roof systems. Calculate cap rates and cash-on-cash returns accurately. Consider financing options including portfolio loans and investor-friendly lenders. Evaluate tenant quality, lease terms, and turnover rates. Factor in property management costs, maintenance reserves, and vacancy periods. Inspect comparable sales within 6-12 months.

🔑 Seller Tips

Highlight recent renovations and upgrades to attract investors. Provide detailed rent rolls with lease expiration dates and tenant information. Maintain excellent property condition and address deferred maintenance before listing. Offer flexible closing timelines to appeal to investors. Emphasize stable occupancy rates and strong tenant profiles. Present professional financial statements and operating expense documentation. Stage common areas professionally.

About Redondo Beach

Redondo Beach combines suburban comfort with coastal charm and urban convenience. The bustling Pier area features restaurants, shops, and entertainment venues. Beautiful beaches attract residents year-round, supporting strong rental demand. Parks like Veterans Park and Dominguez Gap Wetlands offer recreation. Quality schools serve families throughout the community. Close proximity to LAX, tech corridors, and major freeways ensures accessible commuting. Community events and farmer's markets foster neighborhood engagement and pride.

Frequently Asked Questions

What is the typical cap rate for multi-family properties in Redondo Beach? +
Cap rates typically range from 4-6% for well-maintained, fully-leased properties in Redondo Beach. Newer or recently renovated buildings may yield 3.5-4.5%, while value-add properties offer higher potential returns. Market conditions and property condition significantly impact rates. Consult financial advisors for investment-specific calculations.
What are the zoning requirements for multi-family properties in Redondo Beach? +
Redondo Beach features designated multi-family residential zones allowing various property types including apartments, duplexes, and townhomes. Coastal overlays and height restrictions apply near the beach. The city requires parking minimums and conditional use permits for some buildings. Review specific parcel zoning with the Planning Department before purchasing.
How is the rental demand for multi-family properties in Redondo Beach? +
Rental demand remains strong with occupancy rates consistently above 92%. Young professionals, families, and retirees seek Redondo Beach's coastal lifestyle and employment proximity. Limited housing inventory supports rental rates growing 3-4% annually. Seasonal tourism boosts summer occupancy. Long-term demand projections remain positive for quality properties.
What financing options are available for multi-family property investments? +
Investors can access conventional loans, portfolio loans, FHA loans, and commercial mortgages through banks and specialized lenders. Portfolio loans offer flexibility for properties with unique characteristics. SBA loans support owner-occupied scenarios. Down payments typically range 20-25%. Loan terms span 15-30 years. Consult mortgage brokers familiar with investment properties.
What are the main expenses for operating a multi-family property in Redondo Beach? +
Operating expenses include property management (8-12% of rent), insurance, property taxes, utilities, maintenance, repairs, and vacancy reserves (5-10%). Redondo Beach properties average 35-45% expense ratios. Newer buildings may have lower maintenance costs. Plan for periodic capital improvements, roof replacements, and HVAC systems. Professional management increases expenses but improves tenant retention.

Nearby Cities

CarsonCulver City WestLa Canada FlintridgeSanta Fe SpringsPalmdaleVeniceCovinaHidden HillsLancasterWest HillsPomonaArtesia

More in Redondo Beach

Homes For SaleCondos For SaleTownhomes For SaleSingle Family HomesInvestment PropertiesFixer UppersLuxury HomesNew ConstructionFirst Time Buyer HomesForeclosuresShort SalesHomes Under $500KHomes Under $800KHomes Over $1MWaterfront PropertiesGated Communities55+ CommunitiesHomes With PoolCommercial Properties

Ready to Get Started?

Connect free with a local specialist

Free and no obligation. Your info is private.