Discover this well-maintained 8-unit property located in North Redondo. Situated on a spacious 7,504 SF lot, this property offers a total of 5,090 SF of living space, with a mix of (2) 2-bed/1-bath units and (6) 1-bed/1-bath units. Priced at an attractive $343,750 per unit, the property boasts a strong income with a 4.45% CAP rate and a 14.56 GRM on current rents. It also has very strong upside potential with 25% rental upside and a market cap of 5.94%. Altogether, this is an excellent investment opportunity in a desirable, beach city location, perfect for those looking to capitalize on the steady rental market in this sought-after area w/ long term appreciation potential.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 2
Listing Office:
Office Name: Lyon Stahl Investment Real Estate, Inc.
Office Phone: (310) 780-1899
Listing Agent: Brett Lyon
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 8 spaces
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Other
Directions Information:
Directions: Curtis & Inglewood Ave
Price Information
Listing Price Info
Price Summary:
List Price: $2,750,000
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Housing Market Comparison
See how this home compares to others in Redondo Beach, CA.
This property is $1.2M more than the Median Sold Price in Redondo Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SB24174441
Listing Office:
Office Name: Lyon Stahl Investment Real Estate, Inc.
Office Phone: (310) 780-1899
Listing Agent: Brett Lyon
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
William Green Elementary School
4520 W 168th St
Distance between this listing and this school0.38 miles
Public District Grades KG-5
8
/10
Madison Elementary School
2200 MacKay Ln
Distance between this listing and this school0.38 miles
Public District Grades KG-5
7
/10
Lincoln Elementary School
2223 Plant Ave
Distance between this listing and this school0.58 miles
Public District Grades KG-5
Nearby Schools
8
/10
Adams Middle School
2600 Ripley Ave
Distance between this listing and this school0.82 miles
Public District Grades 6-8
7
/10
Jane Addams Middle School
4535 W 153rd Pl
Distance between this listing and this school1.04 miles
Public District Grades 6-8
6
/10
Will Rogers Middle School
4110 W 154th St
Distance between this listing and this school1.30 miles
Public District Grades 6-8
Nearby Schools
9
/10
Environmental Charter High School
16315 Grevillea Ave
Distance between this listing and this school0.49 miles
Public Charter Grades 9-12
5
/10
Lawndale High School
14901 Inglewood Ave
Distance between this listing and this school1.28 miles
Public District Grades 9-12
4
/10
Centinela Valley Independent Study
4951 Marine Ave
Distance between this listing and this school1.29 miles
The neighbors living near this home have an average income of $75,826. Typical income of Redondo Beach, CA residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2701 Curtis Ave
What is the listing price of this property?
The listing price of 2701 Curtis Ave property is $2,750,000.
What type of property is this?
The property 2701 Curtis Ave is a condo located in Redondo Beach, California, 90278.
Is this property for sale now?
Active Listing: 2701 Curtis Ave is For Sale (Active/New) which means the seller is accepting offers.
Which year was this property built?
The year of construction for 2701 Curtis Ave is 1964.
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This home is located at 2701 Curtis Ave in Redondo Beach, CA and zip code 90278 in the N Redondo Beach / Villas North neighborhood. This home, which was built in 1964, sits on a 0.17 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $2,750,000.
Over 21 listings were sold over their listed price in October 2024 in Redondo Beach, CA. In the same period over 24 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Redondo Beach, CA decreased by 3% between September 2024 and October 2024. In October 2024 median list price was $1,488,750 and the average listing age was 32 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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