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Back 525 North Francisca Avenue
Off Market

525 North Francisca Avenue

Redondo Beach CA 90277

24
24
12
12192 sq. ft.
11364 sq. ft.
Other
Last sold for $5,375,000
Gianluca JacoliGianluca Jacoli, last sold this property on 31 July 2026 after 115 days on market.

Overview

Located in South Redondo Beach, west of PCH, this exceptional coastal investment offers a rare opportunity to purchase a 12-unit apartment just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property consists of (12) 2-bedroom/1.75-bathroom units with spacious layouts, including four renovated units delivered vacant, allowing an investor to immediately capture market rents and drive income growth. The asset features strong in-place financials with a 4.35% current cap rate and 14.71 GRM, along with a projected 5.30% pro-forma cap rate and 12.79 GRM. This 11,364-SF asset is situated on a large 11,364-SF lot, which presents an attractive opportunity to add ADUs and further enhance returns. Additional highlights include 12 garages and an on-site laundry facility which is able to generate additional income. Furthermore, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With its prime coastal location, desirable unit mix with spacious layouts, rent current income and upside potential, and long-term appreciation, this offering represents a true generational asset in one of the South Bay's most desirable rental markets.

Features

24 bedrooms
24 bathrooms
12 carspaces
12 garage spaces
12192 sq. ft. floor area
11364 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 24 bedroom other properties sold in Redondo Beach over the last 12 months.

Property history for 525 North Francisca Avenue

2026
Sold
$5,375,000
31 Jul 2026 by Gianluca Jacoli, of Shield CRE, Inc.

Happy sellers in Redondo Beach

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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 24 bedroom other properties in Redondo Beach

In the last 12 months, 1 numeral.24-bedroom other similar to 525 North Francisca Avenue, have been sold.

Nearby agents

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

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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.

  •   5   (64 reviews)
  •  2 Reviews in Redondo Beach
  •  2 Sales in Redondo Beach
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Nabil Awada

Nabil Awada is a recommended agent for Redondo Beach.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Redondo Beach
  •  3 Sales in Redondo Beach
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Jerry Carew

Jerry Carew is a recommended agent for Redondo Beach.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (5 reviews)
  •  1 Review in Redondo Beach
  •  3 Sales in Redondo Beach
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