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Investment Highlights

  • First Time on the Market in 28 Years
  • Desirable Unit Mix: Large 2-Bedroom & 3-Bedroom Units
  • Fully Renovated Units with Washer/Dryer Hookups
  • Well Parked: 3 Garages + 4 Uncovered Spaces

Executive Summary

We are pleased to present 2510 Carnegie Lane, a rare opportunity in the highly sought-after Redondo Beach market. This pride-of-ownership asset is being offered for the first time in nearly three decades and features a fully renovated unit mix of spacious two- and three-bedroom units, each equipped with in-unit washer and dryer hookups—an increasingly rare amenity in the submarket. The property is well parked with a combination of garages and additional on-site spaces (3 garages + 4 uncovered parking spots), enhancing tenant appeal and long-term retention. With strong in-place operations and minimal deferred maintenance, investors are presented with a stabilized coastal asset in an irreplaceable location, supported by consistent tenant demand and long-term appreciation fundamentals. For more information, please reach out.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,225,779 CAD
Price Per Unit $741,926 CAD
Sale Type Investment
Cap Rate 4.35%
Gross Rent Multiplier 15.75
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 2,766 SF
No. Stories 1
Year Built 1957
Parking Ratio 1/1,000 SF
Zoning RBR-3 - low density multiple-family residential zone

Amenities

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 1 $4,691 CAD 922
2+1 2 $3,784 CAD 922
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
4157-009-007
Land Assessment
$419,361 CAD (2025)
Improvements Assessment
$220,713 CAD (2025)
Total Assessment
$640,074 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40079478

  • Date on Market: 2026-04-08

  • Last Updated:

  • Address: 2510 Carnegie Ln, Redondo Beach, CA 90278

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