2420 Grant

Redondo Beach, CA 90278

Price $3,875,000

🏡 Unit Breakdown Bed+Bath

2 - 3+2

2 - 2+1

1 - 1+1

  • 💰 Cap Rate: 4.35

  • 💵 Gross Operating Income: $231,108

  • 🌊 Fully remodeled 5-unit property with beach-inspired exterior

  • ❄️ Individually controlled A/C in each unit

  • 🧺 In-unit washer & dryer for added tenant convenience

  • 🍽️ Modern dishwashers in every unit

  • 🛋️ Open floorplans maximizing natural light and rental appeal

  • 🌿 Private outdoor spaces:

    • 🏡 Private front yard for 2-bedroom unit

    • 🌴 Private backyards for 3-bedroom units

    • ☀️ Shared courtyard for upstairs units

  • 🌅 Located in Redondo Beach, known for beaches, top-rated schools, and vibrant lifestyle

  • 📈 High-demand rental market and strong investment potential


Exterior Building

Unit 1

Unit 2

Unit 3

Unit 4

Unit 5

Charming 5-Unit Multi-Family Property with a Coastal Vibe in Redondo Beach

Welcome to 2420 Grant Avenue – a beautifully remodeled 5-unit building that perfectly blends modern luxury with coastal charm in the highly desirable Redondo Beach community. Known for its stunning beaches, top-rated schools, and thriving local scene, Redondo Beach offers an exceptional lifestyle that attracts tenants seeking the best of Southern California living.

This one-of-a-kind property has been thoughtfully upgraded with top-quality finishes, making it a standout investment opportunity. The newly installed beach-inspired exterior siding gives the building a fresh, coastal aesthetic that perfectly complements its prime location.

Each unit is designed with tenant comfort and convenience in mind, featuring:

  • Individually controlled air conditioning, ensuring year-round comfort.

  • In-unit washer and dryer, providing added convenience.

  • Modern dishwashers in every unit for easy living.

  • Spacious open floorplans, creating a bright and inviting atmosphere that's easy to rent.

The property layout offers a variety of private outdoor spaces:

  • The front 2-bedroom, 1-bath unit features its own private front yard, perfect for relaxing and enjoying the fresh ocean breeze.

  • The three-bedroom units boast private backyard spaces, ideal for outdoor dining or entertaining.

  • The upstairs 2-bedroom, 1-bath, and 1-bedroom, 1-bath units share a stylish courtyard space, creating a welcoming area for social gatherings.

Whether you're looking to expand your investment portfolio or secure a high-demand rental property in a prime coastal location, 2420 Grant Avenue offers both modern convenience and beachside charm. Don’t miss this unique opportunity to own a piece of Redondo Beach's thriving rental market!