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Image 1 - 102 N Broadway, Redondo Beach, California, 90277 - House for sale
Image 2 - 102 N Broadway, Redondo Beach, California, 90277 - House for sale
Image 3 - 102 N Broadway, Redondo Beach, California, 90277 - House for sale
Image 4 - 102 N Broadway, Redondo Beach, California, 90277 - House for sale
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Home For Sale In Redondo Beach, California
102 N Broadway, Redondo Beach, California, 90277

Home For Sale In Redondo Beach, California

house for sale
Listed: 05/31/24

102 N Broadway, Redondo Beach, California, 90277

8 Bed:
9 Bath:
4,440 Sq Ft Living Area:
Save
Price
$ 3,74M

About This House

The Broadway Apartments are a rare value add opportunity with a ton of future potential in one of the best locations in all of the South Bay. Sitting on an oversized10, 552sq ft lot, the offering features 7 separate structures and is comprised of a total of 9 apartment units. The unit mix is comprised of 8 one-bedroom/one-bathroom units and 1 studio/ one-bathroom unit. One unit will be delivered vacant at closing leaving immediate day 1 upside. With current rental rates of the occupied units well below market value, there is significant potential for value add through strategic renovations and future rent increases. Current ownership has issued maximum rental increases to begin on August 1st, 2024.Upon the increases going into …  Full description

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Redondo Beach Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Redondo Beach, United States averaged $1,589,687, a decrease of 16.1% from the previous month.
Median price trends for properties for sale in Redondo Beach, United States as of June 2024.

Household Income

Median household income: $104,548
Number of households: 27,820
The average household income in Redondo Beach, CA grew from $103,782 to $104,548 in the past year. This data is an estimate based upon 27,820 households in Redondo Beach, CA.
The chart below presents how household income is distributed in Redondo Beach, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Redondo Beach, CA compared to median property taxes around the country. The prevalent amount of property taxes in Redondo Beach, CA equals $3k+ , which is more than the national average.