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18508 Kingsdale Ave - Value-Add/Flip Opportuinty in Torrance! 2 Unit Apartment Building Offered at $1,382,005 CAD at a 3.21% Cap Rate Redondo Beach, CA 90278

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INVESTMENT HIGHLIGHTS

  • Prime Redondo Beach location near major employment, retail, and transit corridors
  • Excellent Unit Mix: 3-bedroom/1-bath & 2-bedroom/1-bath
  • Minutes to the coast without coastal pricing premiums
  • Tremendous Value Add or Flip Opportunity
  • Ample Parking with 2 Single Car Garage Spaces

EXECUTIVE SUMMARY

The Stiegler Takahashi Group is proud to present an exceptional opportunity in a great pocket of Torrance, offering tremendous value-add or flip potential. The property features an excellent unit mix of spacious 3-bedroom/1-bath and 2-bedroom/1-bath units, complemented by ample parking including two single-car garage spaces, making it a compelling investment with strong upside.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $75,003 $36.52
Other Income - -
Vacancy Loss - -
Effective Gross Income $75,003 $36.52
Taxes - -
Operating Expenses - -
Total Expenses $28,421 $13.84
Net Operating Income $46,583 $22.68

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $75,003
Annual Per SF $36.52
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $75,003
Annual Per SF $36.52
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $28,421
Annual Per SF $13.84
Net Operating Income (CAD)
Annual $46,583
Annual Per SF $22.68

PROPERTY FACTS

Price $1,382,005 CAD
Price Per Unit $691,003 CAD
Sale Type Investment
Cap Rate 3.21%
Gross Rent Multiplier 18.43
No. Units 2
Property Type Multifamily
Building Size 2,054 SF
No. Stories 1
Year Built 1959
Zoning TORR-LM

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 1 $4,445 CAD -
2+1 1 $2,986 CAD -
  • Listing ID: 39085679

  • Date on Market: 2026-01-14

  • Last Updated:

  • Address: 18508 Kingsdale Ave, Redondo Beach, CA 90278

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