LOCATION! LOCATION! LOCATION! Perfectly situated one block east of the beaches and waters of the majestic Pacific Ocean and one block west of the galleries, boutiques, restaurants and other attractions of Redondo Beach’s bustling “Riviera Village” shopping district, 1716 Camino De La Costa offers investors tremendous economic upside in an unparalleled location. Featuring eight (8) 2-bedroom, 1-bath units and boasting an aggregate of approximately 6,778 square feet of living space on a lot of approximately 6,764 square feet, as well as eight (8) semi-subterranean on-site parking garages, the property’s historically low vacancy rates are a testament to both its own desirability as well as the strength of the South Redondo Beach rental market in general. At 100% occupancy at the time of listing with all tenants on month-to-month leases at below market rental rates, this property will provide an investor with the opportunity to realize both the immediate income and stability offered by a fully leased asset, as well as the flexibility and potential economic benefits presented by its short-term tenancies.
Property Details
Price:
$4,840,000
MLS #:
OC25063474
Status:
Active
Baths:
0
Address:
1716 Camino De La Costa
Type:
Residential Income
Subtype:
Commercial/Residential
Neighborhood:
157sredondobchwofpch
City:
Redondo Beach
Listed Date:
Mar 24, 2025
State:
CA
ZIP:
90277
Lot Size:
6,764 sqft / 0.16 acres (approx)
Year Built:
1958
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks
Garage Spaces
8.00
Lot Features
Rectangular Lot
Parking Spots
8.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1716 Camino De La Costa Redondo Beach CA
- Area157 – S Redondo Bch W of PCH
- CityRedondo Beach
- CountyLos Angeles
- Zip Code90277
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1716 Camino De La Costa
Redondo Beach, CA
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