2420 Grant

Redondo Beach, CA 90278

Price $3,875,000

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🏡 Unit Breakdown Bed+Bath

2 - 3+2

2 - 2+1

1 - 1+1

  • 💰 Cap Rate: 4.35

  • 💵 Gross Operating Income: $231,108

  • 🌊 Fully remodeled 5-unit property with beach-inspired exterior

  • ❄️ Individually controlled A/C in each unit

  • 🧺 In-unit washer & dryer for added tenant convenience

  • 🍽️ Modern dishwashers in every unit

  • 🛋️ Open floorplans maximizing natural light and rental appeal

  • 🌿 Private outdoor spaces:

    • 🏡 Private front yard for 2-bedroom unit

    • 🌴 Private backyards for 3-bedroom units

    • ☀️ Shared courtyard for upstairs units

  • 🌅 Located in Redondo Beach, known for beaches, top-rated schools, and vibrant lifestyle

  • 📈 High-demand rental market and strong investment potential


Exterior Building

Unit 1

Unit 2

Unit 3

Unit 4

Unit 5

Charming 5-Unit Multi-Family Property with a Coastal Vibe in Redondo Beach

Welcome to 2420 Grant Avenue – a beautifully remodeled 5-unit building that perfectly blends modern luxury with coastal charm in the highly desirable Redondo Beach community. Known for its stunning beaches, top-rated schools, and thriving local scene, Redondo Beach offers an exceptional lifestyle that attracts tenants seeking the best of Southern California living.

This one-of-a-kind property has been thoughtfully upgraded with top-quality finishes, making it a standout investment opportunity. The newly installed beach-inspired exterior siding gives the building a fresh, coastal aesthetic that perfectly complements its prime location.

Each unit is designed with tenant comfort and convenience in mind, featuring:

  • Individually controlled air conditioning, ensuring year-round comfort.

  • In-unit washer and dryer, providing added convenience.

  • Modern dishwashers in every unit for easy living.

  • Spacious open floorplans, creating a bright and inviting atmosphere that's easy to rent.

The property layout offers a variety of private outdoor spaces:

  • The front 2-bedroom, 1-bath unit features its own private front yard, perfect for relaxing and enjoying the fresh ocean breeze.

  • The three-bedroom units boast private backyard spaces, ideal for outdoor dining or entertaining.

  • The upstairs 2-bedroom, 1-bath, and 1-bedroom, 1-bath units share a stylish courtyard space, creating a welcoming area for social gatherings.

Whether you're looking to expand your investment portfolio or secure a high-demand rental property in a prime coastal location, 2420 Grant Avenue offers both modern convenience and beachside charm. Don’t miss this unique opportunity to own a piece of Redondo Beach's thriving rental market!


 


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For our part 4: Here are the main components of a listing agreement: Read more: https://www.jensenjustsold.com/blog/2023/4/27/what-is-a-listing-agreement-a-basic-guide-for-home-sellers Send us a message for any inquiries or call us at +310 683-0520
PRO Tip: Take the time to review the listing agreement to ensure that all provisions of the contract are correct and include things you and your agent agreed on earlier. Also, make sure that you understand all your agent's obligations to you, as well