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    Property Description

    We are pleased to present 18216 Kingsdale Ave, an 18-unit apartment opportunity in the highly desirable coastal community of Redondo Beach P.O. (City of Torrance). This rare offering provides immediate rental upside and long-term appreciation potential in one of the South Bay’s most consistently strong rental markets. The property features 18 total units, consisting of 6 studio/one-bath, 9 one-bed/one-bath units, and 3 two-bed/one-bath units. Residents benefit from 18 garages, on-site laundry, and close proximity to major retail, dining, and employment hubs. Extensive capital improvements have recently been completed, including a brand-new roof, new electrical supply conduits, and the replacement of all main electrical supply wires leading to the existing breaker panels. With one unit currently vacant and in-place rents significantly below market across the remaining units, there is substantial potential to increase income through strategic renovations and repositioning. Priced at an attractive $256K per unit and $492 per square foot, the property provides an excellent entry basis for both value-add and long-term investors. Opportunities of this size and location in Redondo Beach are very rare. This asset offers investors the chance to acquire a well-located building with clear upside in one of Southern California’s most supply constrained coastal markets.

    Features
    Pool:
    No
    Heating System:
    Wall Furnace
    Cooling System:
    No
    Parking:
    10.00
    New Construction YN:
    0
    Laundry:
    Community
    Common Walls:
    1 Common Wall
    Senior Community:
    0
    List Agent Agent ID:
    CLW-C133711
    Stories:
    2
    Association:
    0
    Spa Construction:
    No
    Spa:
    0
    Address Map
    Street:
    Kingsdale
    Street Number:
    18216
    Street Suffix:
    Avenue
    Floor Number:
    0
    Longitude:
    W119° 38' 38.3''
    Latitude:
    N33° 51' 53.4''
    MLS Addon
    Listing Courtesy of:
    BRC Advisors- BH
    TaxAnnualAmount:
    $0
    Garage Spaces:
    18
    Zoning:
    TORR-MD
    Lot Size Square Feet:
    13,289 Sqft
    List Agent Last Name:
    Katnik
    List Agent License Number:
    02002695
    Special Listing Conditions:
    Standard
    List Office ID:
    CLW-X82405
    List Agent First Name:
    John
    DirectionFaces:
    West
    Directions:
    West of Hawthorne Blvd
    MLSAreaMajor:
    132 - N Torrance - West
    Levels:
    Two
    Parcel Number:
    4083007016
    List Agent License Number:
    02078334
    TaxAnnualAmount:
    $0
    TaxYear:
    0

    Residential Income For Sale

    18216 Kingsdale Avenue, Redondo Beach, California 90278

    0.31 Sqft
    $4,625,000
    Listing ID #25624773
    Basic Details
    Property Type :
    Residential Income
    Listing Type :
    Sold
    Listing ID :
    25624773
    List Price :
    $4,625,000
    Year Built :
    1964
    Lot Area :
    0.31 Sqft
    Country:
    US
    State:
    CA
    County:
    Los Angeles
    City:
    Redondo Beach
    Zipcode:
    90278
    Close Price :
    $4,675,000
    Status :
    Closed
    Price Per Square Foot :
    $497
    Days on Market :
    10
    Agent info
    Contact Agent
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