108 N Broadway, Redondo Beach, CA 90277
108 N Broadway, Redondo Beach, CA 90277
108 N Broadway, Redondo Beach, CA 90277
108 N Broadway, Redondo Beach, CA 90277
108 N Broadway, Redondo Beach, CA 90277
108 N Broadway, Redondo Beach, CA 90277
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The Brandon Drew Group

The Brandon Drew Group

+1(909) 944-8800
$ 3,950,000
Est. payment | /mo

8 Beds

7 Baths

4,352 SqFt

Save
$ 3,950,000
Est. payment | /mo
Save

8 Beds

7 Baths

4,352 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,352 sqft

Price per Sqft $907

MLS Listing ID 26103119

Bedrooms 8

HOA Y/N No

Year Built 1906

Lot Size 7,609 Sqft

Property Description

Presenting a historic, turnkey 6-unit apartment community located in the heart of Redondo Beachjust blocks from the ocean and pier. This asset features an attractive mix of one 3-Bed/2-Bath and five 1-Bed/1-Bath apartments. Significant tax savings via an active Mills Act contract (saving ~60% on annual property taxes post-sale) boosts net cash flow. NO LOCAL RENT CONTROL! All 6 units are 100% occupied by qualified, long-term, at-market tenants. The entire property has been professionally designed and upgraded, including electrical (main panel + subpanels), plumbing, designer kitchens & baths, exterior facade, and landscaping. Easy to secure quality insurance based on key upgrades. Massive builder upside: architectural plans for 6 detached ADUs are approved by Planning and currently under Building Department review.

Location

State CA

County Los Angeles

Area 157 - S Redondo Bch W Of Pch

Interior

Interior Features Ceiling Fan(s)

Heating Combination

Flooring Laminate, Wood

Fireplace No

Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned

Total Parking Spaces 6

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID UNAVAILABLE

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Noam Srolovitz Kape Property Management, Inc. #02069623

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Why The Brandon Drew Group?

THIS IS OUR PURPOSE .
 
Named for our son. Built for your family. The Brandon Drew Group is a family-run mortgage firm in Rancho Cucamonga, California, named in memory of Robert and Colleen Olivas's son Brandon Drew. What started as a way to honor him became a calling — to make sure every family who walks through our door is treated with the same patience, honesty, and care we wish for our own. The story behind the name →

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108 N Broadway