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This is your opportunity to purchase a true legacy South Redondo Beach investment real estate property. The property is terrifically located just one block from the beach and just one block from Redondo’s Riviera Village. The village is one of the loveliest shopping and nightlife destinations in Southern California, with well more than 100 shops, boutiques, bars, restaurants, professional offices and a Trader Joe’s grocery store. The building features: A very attractive unit mix of six - two bedroom, one bathroom units and four - one bedroom, one bathroom units; tremendous upside in the in-place rents (25-50%+); an attractive open layout; on-site parking (10 spots) for each unit; copper plumbing throughout; gas wall heaters – all new; individual units each have their own water heater; large linen and wardrobe closets in every unit; individual metering of both gas and electric utilities; two of the units have patios. These types of investments in this location rarely come available for purchase. The location is incomparable, has tremendous upside either from in-place operations or complete redevelopment, and there are very few investment alternatives available in the marketplace with this type of charm and potential cash flow upside.
Listing agent: Josh Cohen DRE #01346713 josh@joshcohenapartments.com, Listing office: Keller Williams Beach Cities
MLS data updated 11/4/2026, 5:37:13 AM PT
Source: CRMLS, MLS #: SB15136548
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 3, 2015
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90277 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.