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Investment Highlights

  • Prime North Redondo Beach location. Close proximity to the beach, shopping and dining. Bike path down the street.
  • Spacious backyard, perfect for entertaining and relaxing.
  • Two of the three units have been updated w/hardwood flooring and in-unit laundry, AC split units.
  • Outstanding Development Opportunity.

Executive Summary

Charming and updated 3-unit residential property in highly desirable North Redondo Beach. Each unit comes equipped with new appliances including central AC and heating. Two of the three units have been updated featuring hardwood flooring, in-unit laundry and stylish modern finishes. This triplex offers a front house featuring two bedrooms, and the separate back house has been converted into two units, each with their own entrance. There is a spacious backyard perfect for entertaining or potential further development. The building has an excellent property manager currently in place. This is a prime investment opportunity with the entire triplex fully occupied. This is also a desirable property for a developer. Close proximity to the beach, shopping and dining, and the bike path is just down the street.

Financial Summary (Actual - 2024) Click Here to Access

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

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
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 $2,123,500 CAD
Price Per Unit $707,833 CAD
Sale Type Investment
Gross Rent Multiplier 17.89
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 2,015 SF
Average Occupancy 100%
No. Stories 2
Year Built 1935
Parking Ratio 1.49/1,000 SF
Zoning RBR-3 - Duplex, Or 2 Units - 4

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Carpet
  • Yard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $4,384 CAD -
1+1 1 $3,973 CAD -
Studios 1 $1,529 CAD -
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4153-015-014
Land Assessment
$1,472,416 CAD (2025)
Improvements Assessment
$839,276 CAD (2025)
Total Assessment
$2,311,692 CAD (2025)
  • Listing ID: 35922641

  • Date on Market: 2025-05-20

  • Last Updated:

  • Address: 2517 Curtis Ave, Redondo Beach, CA 90278

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