523 Avenue G Redondo Beach, CA $ 3,399,000
523 Avenue G
$ 3,399,000
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523 Avenue G

Redondo Beach, CA, 90277
$ 3,399,000
Baths1.0 Sq 5,130

Monthly Estimate*

$ 20,928

Listed by West Shores Realty, Inc.
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Studio

Multi-Family Home for sale in Redondo Beach, CA

for $3,399,000 with 1 full bath. This 5,130 square foot home was built in 1958 on a lot size of 0.1466.

Location! Location! Location! Welcome to 523 Avenue G, a rare generational offering located in one of the most desirable enclaves of South Redondo Beach. Available for the first time in over 50 years, this pride-of-ownership property provides strong in-place income with meaningful rental upside potential. Built in 1958, the property has been meticulously maintained and thoughtfully improved, preserving its classic charm while ensuring modern reliability. Recent upgrades include a new roof, upgraded electrical panels and completed termite treatment with clearance, allowing a new owner to step into a property with major expenses already addressed. Additional tenant amenities include washer & dryer hookups, covered garage parking for each unit plus an additional uncovered parking space per unit - a competitive advantage in this supply-constrained beach submarket. With a Walk Score of 82, this property is conveniently located just minutes away from the Hollywood Riviera shops & restaurants as well as one of the nicest beaches in Southern California. Award winning Schools such as St Lawrence, Tulita Elementary and Riviera Hall also round out this amazing location. This offering is well-suited for investors seeking stable cash flow, long-term appreciation potential and operational upside through rental repositioning. 523 Avenue G is a rare and valuable amenity in a fabulous beachside community. Side Notes - (Repairs, remodels & Upgrades) - New roof (June 2022), Termite Tenting (August 2021), Full Building Painted (May2022), All New Electrical (Jan 2026), Stair & Deck SB 721 Inspection & Repairs (June 2025), Unit A Remodel (Jan 2019), Unit B Remodel (Jan of 2023). Unit D Remodel (Feb 2025), Unit E Remodel (Oct 2025)

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Multi-Family Active

Price

$ 3,399,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1466

Year Built

1958

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

SB26033964

Days on Market

10

Features
General
Sewer Public Sewer
Appliances Gas Cooktop Gas Oven Gas Water Heater
HOA Fee 0
Garage Spaces 5
Pool Features None
Year Built 1958
Tenant Pays Cable TV Electricity Gas
Stories Count 2
Levels Two
Property Subtype Mixed Use
Gross Income 163740
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 104250
Operating Expense 59490
Insurance Expense 13480
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Left on Prospect Left on Avenue G 3rd building on the right
City Redondo Beach
Entry Location Front right
Senior Community Y/N false
Open Parking Spaces 5
Number Of Units Total 5
MLS Area 156 - S Redondo Bch S of Torrance Bl
Lot Size Units Square Feet
Lot Size Square Feet 6385
Number of Units Leased 5
Listing Terms Cash Cash to New Loan Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 600
Current Financing None
Property Condition Termite Clearance
Trash Expense 2156
Water Sewer Expense 3919
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 90
Total Actual Rent 13520
Property Sub Type Additional Mixed Use
Expected Active Date 2026-02-20
Cap Rate 3.06
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Interior
Flooring Carpet Laminate
Total Stories 2
Common Walls Item2CommonWalls
Laundry Features Washer Hookup Electric Dryer Hookup Gas Dryer Hookup In Kitchen
Entry Level 1
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Exterior
Fencing Wood
Parking Features Assigned Garage Faces Front Garage Garage Door Opener Paved
Lot Features Garden Sprinklers In Front Sprinklers Timer Sprinklers On Side Sprinkler System
Water Source Public
Total Parking 10
Lot Size Area 6385
Number of Buildings 1
Building Area Total 5130
Lot Size Acres 0.1466
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Road Frontage Type City Street
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* Excluded Features
List By
West Shores Realty, Inc.

Broker

dallasbrock13@yahoo.com

Email

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$20,928
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Monthly Principal & Interest
$20,928
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$3,399,000 Listed Price

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523 Avenue G, Redondo Beach, CA, 90277 is a Multi-Family Home for sale at $3,399,000 with 5,130 sqft and a lot size of 0.1466. 523 Avenue G is a studio with 1.0 baths and was built in 1958. The property's zip code is 90277 which is in Redondo Beach, CA