702 South Pacific Coast Highway

Off Market

702 South Pacific Coast Highway

Redondo Beach CA 90277

2936 sq. ft.

8512 sq. ft.

Other

Last sold for $1,860,000

Gianluca Jacoli, last sold this property on 12 June 2026 after 64 days on market.

Overview

This exceptional fourplex presents a desirable owner-user opportunity in the highly sought-after South Redondo Beach market. The property features a vacant 2-bedroom unit - ideal for an investor looking to live on-site while generating supplemental rental income. Situated just blocks from the Pacific Ocean, the Redondo Beach Pier, and King Harbor, and less than one mile from Riviera Village, the property offers unparalleled access to premier coastal amenities, dining, and retail. Set on a spacious 8,512-square-foot lot, the asset also provides significant upside potential through the addition of ADUs, allowing a buyer to further enhance cash flow and long-term value (Buyer to verify). The property benefits from a highly attractive operating profile, with tenants responsible for electricity, gas, and cable/internet expenses while the landlord is only responsible for water, helping to minimize operating expenses. Not subject to local rent control and governed solely by AB 1482, the asset allows for favorable annual rent increases. Additional features include ample on-site parking with four garages and two surface spaces, as well as eligibility for residential financing, broadening the buyer pool and offering more competitive loan terms. With a strong 4.18% current cap rate and 16.31 GRM, along with a 4.77% pro-forma cap rate and 14.86 GRM, this investment offers both stable in-place income and meaningful upside potential.

Features

6 bedrooms

4 bathrooms

6 carspaces

2 open car spaces

4 garage spaces

2936 sq. ft. floor area

8512 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 6 bedroom other properties sold in Redondo Beach over the last 12 months.

Property history for 702 South Pacific Coast Highway

2026

Rented

Undisclosed

23 Jul 2026 by Ez Pacific Investment

2026

Sold

$1,860,000

12 Jun 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 6 bedroom other properties in Redondo Beach

In the last 12 months, 1 six-bedroom other similar to 702 South Pacific Coast Highway, have been sold.

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.