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Rockefeller 2615 Rockefeller Ln 4 Unit Apartment Building $2,713,952 CAD ($678,488 CAD/Unit) 4.14% Cap Rate Redondo Beach, CA 90278
Investment Highlights
- ENGINEERED HARDWOOD FLOORS
- well-maintained
- OUTDOOR SPACES
Executive Summary
Rare North Redondo Beach Multifamily Investment Opportunity
Please CALL TERESA 310-626-5078
An exceptional four-unit multifamily asset has just become available in one of Redondo Beach’s most sought-after neighborhoods a property that hasn’t been on the market in decades. One unit will currently be delivered vacant.
Unit Mix:
• One freestanding 3-bedroom, 1-bath home with private yard, washer/dryer hookups in unit, engineered hardwood floors and so much more.
• Three 2-bedroom, 1-bath units, each featuring engineered hardwood floors, washer/dryer hookups in units (lower unit has a private yard).
Highlights:
• All units are well-maintained, thoughtfully upgraded and have great rentability.
• Strong tenant appeal with in-unit laundry, outdoor spaces, garages, and engineered hardwood flooring.
• Ample street and nearby parking.
• Long-term ownership with pride of care.
Market Drivers:
• Located in North Redondo Beach, one of the most desirable rental submarkets in the South Bay.
• Historically low vacancy rates, ensuring consistent rental demand.
• A short drive to beaches, restaurants, freeways, tech corridors, and major employment hubs.
• Rare combination of stable cash flow and long-term appreciation potential.
With decades since its last sale, this is a once-in-a-generation opportunity to secure a cornerstone multifamily asset in one of Southern California’s strongest rental markets.
Please CALL TERESA 310-626-5078
An exceptional four-unit multifamily asset has just become available in one of Redondo Beach’s most sought-after neighborhoods a property that hasn’t been on the market in decades. One unit will currently be delivered vacant.
Unit Mix:
• One freestanding 3-bedroom, 1-bath home with private yard, washer/dryer hookups in unit, engineered hardwood floors and so much more.
• Three 2-bedroom, 1-bath units, each featuring engineered hardwood floors, washer/dryer hookups in units (lower unit has a private yard).
Highlights:
• All units are well-maintained, thoughtfully upgraded and have great rentability.
• Strong tenant appeal with in-unit laundry, outdoor spaces, garages, and engineered hardwood flooring.
• Ample street and nearby parking.
• Long-term ownership with pride of care.
Market Drivers:
• Located in North Redondo Beach, one of the most desirable rental submarkets in the South Bay.
• Historically low vacancy rates, ensuring consistent rental demand.
• A short drive to beaches, restaurants, freeways, tech corridors, and major employment hubs.
• Rare combination of stable cash flow and long-term appreciation potential.
With decades since its last sale, this is a once-in-a-generation opportunity to secure a cornerstone multifamily asset in one of Southern California’s strongest rental markets.
Data Room Click Here to Access
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$125,758
|
$17.79
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$125,758
|
$17.79
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $125,758 |
| Annual Per SF | $17.79 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $125,758 |
| Annual Per SF | $17.79 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,713,952 CAD | Building Class | C |
| Price Per Unit | $678,488 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 7,070 SF |
| Cap Rate | 4.14% | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | Parking Ratio | 1.25/1,000 SF |
| Apartment Style | Mid-Rise | ||
| Zoning | R3 - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) | ||
| Price | $2,713,952 CAD |
| Price Per Unit | $678,488 CAD |
| Sale Type | Investment |
| Cap Rate | 4.14% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,070 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1954 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | R3 - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Tub/Shower
- Yard
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 9+4 | 4 | - | - |
1 1
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (81)
Property Taxes
| Parcel Number | 4082-003-019 | Improvements Assessment | $103,194 CAD (2025) |
| Land Assessment | $78,054 CAD (2025) | Total Assessment | $181,248 CAD (2025) |
Property Taxes
Parcel Number
4082-003-019
Land Assessment
$78,054 CAD (2025)
Improvements Assessment
$103,194 CAD (2025)
Total Assessment
$181,248 CAD (2025)
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Rockefeller | 2615 Rockefeller Ln
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