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622 S Pacific Coast Hwy

Redondo Beach CA 90277

5
3
3
2420 sq. ft.
7060 sq. ft.
Other
Currently for sale - view listing

Overview

We are pleased to present 622 South Pacific Coast Highway, a rare triplex investment opportunity located in the heart of South Redondo Beach. This pride-of-ownership asset offers investors the unique combination of stable current income and substantial future upside through the potential addition of up to three Accessory Dwelling Units (ADUs) (Buyer to verify). Pro forma rates reflect anticipated market rents once the proposed ADUs are constructed and operational. Ideally positioned just moments from the vibrantRiviera Village, tenants enjoy convenient access to an abundance of restaurants, boutique shopping, entertainment venues, and some of Southern California's most desirable beaches. The property's premier South Redondo location continues to benefit from strong rental demand driven by its coastal lifestyle, excellent schools, and proximity to major employment centers throughout the South Bay. With limited multifamily inventory available in South Redondo Beach and increasing demand for housing in the area, 622 South Pacific Coast Highway presents a compelling opportunity for investors seeking a well-maintained coastal asset with meaningful value-add potential and long-term appreciation prospects.

Features

5 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
2420 sq. ft. floor area
7060 sq. ft. lot size
Other

Property history for 622 S Pacific Coast Hwy

2017
Sold
$1,586,650
24 Jul 2017 by Deborah Naumovski, of ESTATE PROPERTIES

Happy sellers in Redondo Beach

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Local market activity for 5 bedroom other properties in Redondo Beach

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