622 S Pacific Coast Highway, Redondo Beach, CA 90277
- $1,750,000
- 5
- BD
- 3
- BA
- 2,420
- SqFt
- List Price
- $1,750,000
- Status
- ACTIVE
- MLS#
- 26843891
- Year Built
- 1943
- Bedrooms
- 5
- Bathrooms
- 3
- Living Sq. Ft
- 2,420
- Lot Size
- 7,060
- Acres
- 0.16
- Days on Market
- 56
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
We are pleased to present 622 South Pacific Coast Highway, a rare triplex investment opportunity located in the heart of South Redondo Beach. This pride-of-ownership asset offers investors the unique combination of stable current income and substantial future upside through the potential addition of up to three Accessory Dwelling Units (ADUs) (Buyer to verify). Ideally positioned just moments from the vibrant Riviera Village, tenants enjoy convenient access to an abundance of restaurants, boutique shopping, entertainment venues, and some of Southern California's most desirable beaches. The property's premier South Redondo location continues to benefit from strong rental demand driven by its coastal lifestyle, excellent schools, and proximity to major employment centers throughout the South Bay. With limited multifamily inventory available in South Redondo Beach and increasing demand for housing in the area, 622 South Pacific Coast Highway presents a compelling opportunity for investors seeking a well-maintained coastal asset with meaningful value-add potential and long-term appreciation prospects.
Additional Information
- Appliances
- Disposal, Refrigerator
- Heat
- Wall Furnace
- Cooling Description
- None
- Garage Spaces Total
- 3
- Attached Structure
- Detached
- Number Of Units Total
- 3
Listing courtesy of Listing Agent: (jweir@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.