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Backup Offers

2701 Curtis Ave, Redondo Beach, CA, 90278

$2,750,000

0 Baths
Condo

Location

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Property Highlights

Home TypeCondominium
Garage8 spaces
Year Built1964
MLS #SB24174441
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 2701 Curtis Ave

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.

Med. Sold Price

$1.4M

Med. Price/SqFt

$800

Avg. Days On Market

52

# of Sold Homes

38

2701 Curtis Ave vs Redondo Beach

117 DAYS ON ROCKET

+65 Days

$2,750,000

+$1.2M More

KEY TAKEAWAY

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

IDX 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: 12/18/2024, 7:20:58 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.

Payment Calculator

$13.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,311

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NMLS#3030

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.

Nearby Schools

school-card-donut-4447376
5
/10
  • William Green Elementary School

  • 4520 W 168th St

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-4447377
8
/10
  • Madison Elementary School

  • 2200 MacKay Ln

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-4447378
7
/10
  • Lincoln Elementary School

  • 2223 Plant Ave

  • 0.58 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,826. The majority of Redondo Beach, CA residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

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?

Accepting Backup Offers: 2701 Curtis Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

Which year was this property built?

The year of construction for 2701 Curtis Ave is 1964.
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Rocket HomesCaliforniaLos Angeles CountyRedondo Beach902782701 Curtis Ave

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.

In November 2024 more than 10 listings in Redondo Beach, CA were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 22 were sold below. The number of listings in Redondo Beach, CA decreased by 6.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 52 days, the median list price was $1,473,219.

From Rocket Homes Real Estate and based on county public records data.

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