Rare North Redondo Beach Multifamily Investment Opportunity
An exceptional four-unit multifamily asset has just become available in one of Redondo Beach’s most sought-after neighborhoods a property that hasn’t been on the market in decades.
Unit Mix:
• One freestanding 3-bedroom, 1-bath home with private yard, washer/dryer hookups in unit, engineered hardwood floors and so much more.
• Three 2-bedroom, 1-bath units, each featuring engineered hardwood floors, washer/dryer hookups in units (lower unit has a private yard).
Highlights:
• All units are well-maintained, thoughtfully upgraded and have great rentability.
• Strong tenant appeal with in-unit laundry, outdoor spaces, garages, and engineered hardwood flooring.
• Ample street and nearby parking.
Unit C will be delivered Vacant and will be vacated by 10/31/2025.
• Long-term ownership with pride of care.
Market Drivers:
• Located in North Redondo Beach, one of the most desirable rental submarkets in the South Bay.
• Historically low vacancy rates, ensuring consistent rental demand.
• A short drive to beaches, restaurants, freeways, tech corridors, and major employment hubs.
• Rare combination of stable cash flow and long-term appreciation potential.
With decades since its last sale, this is a once-in-a-generation opportunity to secure a cornerstone multifamily asset in one of Southern California’s strongest rental markets.
An exceptional four-unit multifamily asset has just become available in one of Redondo Beach’s most sought-after neighborhoods a property that hasn’t been on the market in decades.
Unit Mix:
• One freestanding 3-bedroom, 1-bath home with private yard, washer/dryer hookups in unit, engineered hardwood floors and so much more.
• Three 2-bedroom, 1-bath units, each featuring engineered hardwood floors, washer/dryer hookups in units (lower unit has a private yard).
Highlights:
• All units are well-maintained, thoughtfully upgraded and have great rentability.
• Strong tenant appeal with in-unit laundry, outdoor spaces, garages, and engineered hardwood flooring.
• Ample street and nearby parking.
Unit C will be delivered Vacant and will be vacated by 10/31/2025.
• Long-term ownership with pride of care.
Market Drivers:
• Located in North Redondo Beach, one of the most desirable rental submarkets in the South Bay.
• Historically low vacancy rates, ensuring consistent rental demand.
• A short drive to beaches, restaurants, freeways, tech corridors, and major employment hubs.
• Rare combination of stable cash flow and long-term appreciation potential.
With decades since its last sale, this is a once-in-a-generation opportunity to secure a cornerstone multifamily asset in one of Southern California’s strongest rental markets.
Property Details
Price:
$1,985,000
MLS #:
SB25231888
Status:
Active
Beds:
9
Baths:
4
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
152
Listed Date:
Oct 3, 2025
Finished Sq Ft:
3,507
Lot Size:
7,809 sqft / 0.18 acres (approx)
Year Built:
1954
See this Listing
Schools
School District:
Redondo Unified
Interior
Bathrooms
4 Full Bathrooms
Cooling
NO
Laundry Features
IK
Exterior
Community Features
SDW, SUB
Parking Spots
4
Financial
Map
Community
- Address2615 Rockefeller Lot 20 Redondo Beach CA
- CityRedondo Beach
- CountyLos Angeles
- Zip Code90278
Market Summary
Current real estate data for Single Family in Redondo Beach as of Nov 26, 2025
153
Single Family Listed
65
Avg DOM
378
Avg $ / SqFt
$1,037,992
Avg List Price
Property Summary
- 2615 Rockefeller Lot 20 Redondo Beach CA is a Single Family for sale in Redondo Beach, CA, 90278. It is listed for $1,985,000 and features 9 beds, 4 baths, and has approximately 3,507 square feet of living space, and was originally constructed in 1954. The current price per square foot is $566. The average price per square foot for Single Family listings in Redondo Beach is $378. The average listing price for Single Family in Redondo Beach is $1,037,992.
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2615 Rockefeller Lot 20
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