108 N Broadway Redondo Beach, CA $ 3,950,000
108 N Broadway
$ 3,950,000
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108 N Broadway

Redondo Beach, CA, 90277
$ 3,950,000
Bedrooms8 Baths1.0 Sq 4,352

Monthly Estimate*

$ 27,282

Listed by Noam Srolovitz, Kape Property Management, Inc., noam@kapeproperties.com
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Multi-Family Home for sale in Redondo Beach, CA

for $3,950,000 with 8 bedrooms and 1 full bath. This 4,352 square foot home was built in 1906 on a lot size of 0.1747.

Presenting a historic, turnkey 6-unit apartment community located in the heart of Redondo Beachjust blocks from the ocean and pier. This asset features an attractive mix of one 3-Bed/2-Bath and five 1-Bed/1-Bath apartments. Significant tax savings via an active Mills Act contract (saving ~60% on annual property taxes post-sale) boosts net cash flow. NO LOCAL RENT CONTROL! All 6 units are 100% occupied by qualified, long-term, at-market tenants. The entire property has been professionally designed and upgraded, including electrical (main panel + subpanels), plumbing, designer kitchens & baths, exterior facade, and landscaping. Easy to secure quality insurance based on key upgrades. Massive builder upside: architectural plans for 6 detached ADUs are approved by Planning and currently under Building Department review.

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Multi-Family Active

Price

$ 3,950,000

Bedrooms

8

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1747

Year Built

1906

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

26103119

Days on Market

5

Features
General
Living Area 4352
Heating Combination
Appliances Dishwasher Microwave Refrigerator Dryer Washer
Year Built 1906
Levels Multi/Split
Gross Income 232440
County Los Angeles
Net Operating Income 180895
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions One block east of Catalina in between Vincent St & Emerald St.
City Redondo Beach
Senior Community Y/N false
Number Of Units Total 6
MLS Area 157 - S Redondo Bch W of PCH
Lot Size Units Square Feet
Lot Size Square Feet 7608
Standard Status Active
Year Built Source Estimated
Cap Rate 4.58
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Laminate Wood
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 8
Total Baths 7
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Exterior
Parking Features Assigned
Total Parking 6
Lot Size Area 7608
Number of Buildings 1
Building Area Total 4352
Lot Size Acres 0.1747
Lot Size Source Estimated
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* Excluded Features
List By
Noam Srolovitz

Listing Agent

Kape Property Management, Inc.

Broker

noam@kapeproperties.com

Email

Affordability Calculator

$27,282
Per Month
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Monthly Principal & Interest
$27,282
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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
10/21/2026$3,950,000 Listed Price

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108 N Broadway, Redondo Beach, CA, 90277 is a Multi-Family Home for sale at $3,950,000 with 4,352 sqft and a lot size of 0.1747. 108 N Broadway has 8 bedrooms, 1.0 baths, and was built in 1906. The property's zip code is 90277 which is in Redondo Beach, CA