319 North Gertruda Avenue

Off Market

319 North Gertruda Avenue

Redondo Beach CA 90277

2669 sq. ft.

5724 sq. ft.

Other

Last sold for $1,770,000

Gianluca Jacoli, last sold this property on 31 July 2026 after 30 days on market.

Overview

319 N. Gertruda Avenue presents a compelling opportunity to acquire a charming multifamily asset in the heart of South Redondo Beach. Ideally situated within a few blocks of the Redondo Beach Pier, King Harbor, and the Pacific Ocean, the property offers tenants an exceptional coastal lifestyle with convenient access to the beach, Riviera Village, Pacific Coast Highway, local cafs, restaurants, and everyday amenities. Positioned on a sizable 5,724-SF lot, the property is comprised of (4) 1-bedroom/1-bathroom units and a detached studio/1-bathroom unit that will be delivered vacant. The character-rich residences feature hardwood floors, crown molding, and classic architectural details that contribute to the property's timeless appeal.From an investment perspective, the asset offers strong in-place income with meaningful rental upside, featuring a 5.24% current cap rate and 13.78 GRM with the potential to achieve a 6.09% pro-forma cap rate and 12.22 GRM. The property is enrolled in the Mills Act program, providing significant property tax savings that enhance cash flow and long-term returns, and is not subject to local rent control, defaulting instead to AB 1482. Priced at only $330,000 per unit, the offering presents exceptional intrinsic value along with potential opportunity to add ADU(s), subject to buyer verification of zoning, feasibility, and permitting requirements.

Features

4 bedrooms

5 bathrooms

2669 sq. ft. floor area

5724 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 4 bedroom other properties sold in Redondo Beach over the last 12 months.

Property history for 319 North Gertruda Avenue

2026

Sold

$1,770,000

31 Jul 2026 by Gianluca Jacoli, of Shield CRE, Inc.

Happy sellers in Redondo Beach

We have insufficient information to provide an overview of customer satisfaction for Redondo Beach. Viewing the agent profiles, reviews and sales for Redondo Beach can provide insights for this location.

Local market activity for 4 bedroom other properties in Redondo Beach

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Redondo Beach for a market analysis.

Tish Manganilla

at Vista Sotheby's International Realty

(14 reviews)

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Costanza Genoese Zerbi

at eXp of Greater Los Angeles Inc

(64 reviews)

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Nabil Awada

at Matthews Real Estate Investment Services

(2 reviews)

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Jerry Carew

at REMAX AEGIS | Manhattan Beach

(5 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Redondo Beach

Tish Manganilla

Tish Manganilla is a recommended agent for Redondo Beach. They have collected 2 local reviews across the last 12 months.

5 (14 reviews)
2 Reviews in Redondo Beach

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Costanza Genoese Zerbi

Costanza Genoese Zerbi is an award winning recommended agent for Redondo Beach. They have 2 local sales and collected 2 local reviews across the last 12 months.