Redondo Beach Multifamily for Sale - Beach Cities/Palos Verdes
2420 Grant Avenue presents a rare opportunity to acquire a turnkey five-unit multifamily asset in one of the South Bay’s most desirable rental markets. Fully renovated inside and out, the property features a clean unit mix with long-term, stable tenants offering immediate cash flow with significant upside in rental income over time.
Each unit has been thoughtfully updated with modern finishes, including new kitchens, updated bathrooms, flooring, and fixtures. The exterior has also been improved, offering strong curb appeal and low-maintenance operation. Located in a highly desirable coastal community, this property is just moments from stunning beaches, top-rated schools, and a vibrant local scene, making it a prime choice for renters seeking the best of Southern California living.
Redondo Beach is a vibrant coastal city in the South Bay region of Los Angeles County, California. Known for its iconic pier, scenic coastline, and active lifestyle, Redondo Beach offers a blend of seaside charm and urban convenience. The city is divided into two main areas: North Redondo Beach, which is more suburban and inland, and South Redondo Beach, known for its proximity to the beach and laid-back atmosphere. Both areas feature excellent schools, parks, and a strong sense of community.
With its strong in-place income and the scarcity of multifamily properties in Redondo Beach, this is a rare opportunity to own a premium asset in a high-demand, supply-constrained rental market. The property is further distinguished by its beach-inspired exterior, high-end finishes, and affluent location, making 2420 Grant Avenue an exceptional turnkey investment in one of Los Angeles County's most desirable areas.