Access to the Offering Memorandum is restricted. Please review the non-disclosure terms before continuing.
View Non-Disclosure Agreement Document
By clicking "I Agree" you confirm that you have read and accept the confidentiality terms.
Enormous brand new ground up construction 5 unit property (3+2 ADUs) with over 7200 rentable square feet on a 7500 square foot corner lot, located in the desirable North Redondo Beach. The property consists of five 3-bedroom units with modern high-end finishes, brand new stainless steal kitchen appliances, central AC, and new washer/dryers in every unit. Three units offer 3 bedrooms and 3 bathrooms, while two units feature 3 bedrooms and 2 bathrooms. The larger units include private balconies and two-car garages on the ground level along with a secondary primary suite, while the second level features open-concept living spaces and additional bedrooms. Two units also include a spacious loft overlooking the living area plus a third floor balcony. Super low expense building - all electric with separate meters for each unit and separate water meters for each unit, no gas. Property also includes solar panels for electricity generation and electric car charger conduits in the garages. Located just a short e-bike ride to the beach with easy access to the 405 freeway, this property offers strong rental appeal in a prime South Bay location. Projected 5% cap rate and 13.7 GRM, making this an attractive opportunity for investors seeking a newly built asset with low maintenance and modern layouts in a high-demand rental market.
The income description goes here to explain
| List Price | $4,200,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 6 spots |
| Year Built | 2026 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 4153031024 |
| MLS # | SB26049914 |
| Property ID | 293180855 |
| Lot Sqft | 7,564 |
| Zoning | Unknown |
| Total Units | 5 |
| Days on Market | 8 |
| Original List Price | $4,200,000 |
| Date Updated | March 06, 2026 |
| Date Created | February 27, 2026 |
Anthony Walker an agent of Buckingham Investments, Inc. Lic #01908153
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 06, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Loading map...
Add to collection
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT