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On the market for the first time in decades, this seven-unit apartment is situated just one block from Torrance Beach and is adjacent to the heart of Hollywood Riviera known as Riviera Village. This property is located in what is considered the best location in Redondo Beach. Nestled next to the beautiful coves of Palos Verdes the property sits on a corner 8,027-Square Foot Lot and offers (7) 2-Bedroom/1-Bathroom Units and ample parking with (7) Single-Car Garages + (7) Tandem Spaces. Additionally, one unit will be delivered vacant. The property offers tremendous upside as well as a once in a lifetime opportunity to purchase a legacy asset by the water.
Listing agent: Gianluca Jacoli DRE #01938297 luca@shieldcre.com, Listing office: Shield CRE, Inc.
MLS data updated 11/2/2026, 3:19:49 PM PT
Source: CRMLS, MLS #: 21108685
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 31, 2022
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
$5,165,250Closed sale · Jan 31, 2022ZIP 90277 · Jan 2022
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.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.