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2510 Carnegie Ln 3 Unit Apartment Building $2,225,779 CAD ($741,926 CAD/Unit) 4.35% Cap Rate Redondo Beach, CA 90278



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 | Apartment Style | Low-Rise |
| Price Per Unit | $741,926 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 4.35% | Building Size | 2,766 SF |
| Gross Rent Multiplier | 15.75 | No. Stories | 1 |
| No. Units | 3 | Year Built | 1957 |
| Property Type | Multifamily | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | RBR-3 - low density multiple-family residential zone | ||
| 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 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 4157-009-007 | Total Assessment | $640,074 CAD (2025) |
| Land Assessment | $419,361 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $220,713 CAD (2025) | Tax Year | 2026 |
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
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2510 Carnegie Ln
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