404 Broadway, Redondo Beach

Redondo Beach Home Sale

We are pleased to present 404 N Broadway, a beautifully upgraded 6-unit apartment in South Redondo Beach, CA. This is an opportunity for an investor to purchase a multifamily property in a prime South Bay location, steps from world-class beaches, parks, restaurants, schools, and boutiques. Located 20 miles from Downtown Los Angeles and 7 miles south of LAX. 404 N Broadway offers residents the best of coastal living with big-city amenities and convenient access to the 405 Freeway. Nearby attractions include Redondo Beach Pier, SEA Lab marine conservation center, South Bay Galleria, Redondo Beach Performing Arts Center, and Hopkins Wilderness Park. The property features townhouse style units comprised of (1) three-bedroom/two-and-a-half-bathroom and (5) two-bedroom/one and a half-bathroom with an average unit size of 1,150 SF. Units offer rooftop decks, balconies, patios or all of the above. The property has had 5 out of the 6 units upgraded with modern two-tone cabinetry and Calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, soaking tubs with custom tiled showers and new plumbing and lighting hardware. This offering is ideal for an investor looking for a safe investment that will produce long-term cash flow with very little maintenance.

Property Details

404 BroadwaySquare Ft: 6,902Lot Size: 0.24Bedrooms: 7Bathrooms: 4Price: $4,570,000Zip: 90277
MLS® #: 23327547Levels: Multi/SplitGarages: 11School District: Days on Market: 92Listed By: Nabil Awada, Matthews Real Estate Investment Services

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
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Additional Information

  • City:
    Redondo Beach
  • County:
    Los Angeles
  • Zip:
    90277
  • MLS® #:
    23327547
  • Bedrooms:
    7
  • Bathrooms:
    4
  • Square Ft:
    6,902
  • Lot Size:
    0.24
  • Levels:
    Multi/Split
  • Garages:
    11
  • HOA Dues:
    $

Price Change History for 404 Broadway, Redondo Beach, (MLS® #23327547)

Date Details Price Change
Closed
Pending (from Active)
Price Reduced (from $4,750,000) $4,570,000 $180,000 (3.79%)
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Based on information from California Regional Multiple Listing Service, Inc. as of April 26th, 2024 at 9:56pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.