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California Regional Multiple Listing Service

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Home / Redondo Beach / 214 S Broadway
214 S Broadway Redondo Beach, CA 90277 View All Photos

$3,200,000

| Closed

214 S Broadway

Redondo Beach, CA 90277

0.17
Acres
126
Days on Market
PV24197358
MLS#
Multi-Family
Type
Duplex/Multi-Unit
Structure
Residential
Zone
Contact
Listing OfficePalm Realty Boutique
Listed by Keith Kelley310-944-5554

Prime South Redondo Beach Location just blocks from the Redondo Beach Pier and Harbor. This 7,534 sq ft property sits West of Pacific Coast Highway offering 4 - 1 bedroom 1 bathroom units in the front building and 2 - 1 bedroom 1 bathroom free standing cottages. There is tremendous upside potential with rent increases to market rents as well as potential for an ADU. The property also offers 4 single car garages. Owner has completed upgrades including a new roof installation which is in process. Current CAP rate of 3.4% with $157,740 Gross annual income. Huge upside with Pro forma income of $200,520 would bring the CAP rate to 4.7%. Great opportunity to own a prime location building with huge future upside.

Property Details
Lot Features
Street Level
Stories
2
Lot Description
Street Level
Acres
0.173
Lot Size (sqft)
7537.0
Parking
1
Parking Spaces
4
Parking Type
Garage
Parking Garage Spaces
4.0
Property Type
Multi-Family
Property Subtype Additional
Mixed Use
Year Built
1921
Sewer Information
Public Sewer
Utility Source
Public
Community Features
Sidewalks
County
Los Angeles
Region
Redondo Beach
Zoning
RBR-3A
Original List Price
$3,200,000
Days on Market (Cumulative)
126
MLS #
PV24197358
Property Subtype
MixedUse
Parcel Number
7505019020
Cost Closed
2400000.0
Date Closed
January 29, 2025
MLS #
PV24197358
Date Listed
September 23, 2024
Address
214 S Broadway
Location
Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Last Updated: Sep 3, 2026 1:39 AM. Source: CRMLS

Provided By
Listed by Keith Kelley (#VKELLKEI), 310-944-5554
Listing Office: Palm Realty Boutique (#V8496)

Provided By (Buyer)
Buyer's Agent: Devin Jensen (#SJENSDEV)
Buyer's Office: Jensen Realty (#Sb1332590)

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