Multifamily
622 S Pacific Coast Hwy
622 S Pacific Coast Hwy, Redondo Beach, CA 90277
Listing Price: $1,750,000
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to present 622 South Pacific Coast Highway, a rare triplex investment opportunity located in the heart of South Redondo Beach. This pride-of-ownership asset offers investors the unique combination of stable current income and substantial future upside through the potential addition of up to three Accessory Dwelling Units (ADUs) (Buyer to verify). The pro forma rates reflect anticipated market rents once the proposed ADUs are constructed and operational. Ideally positioned just moments from the vibrant Riviera Village, tenants enjoy convenient access to an abundance of restaurants, boutique shopping, entertainment venues, and some of Southern California’s most desirable beaches. The property’s premier South Redondo location continues to benefit from strong rental demand driven by its coastal lifestyle, excellent schools, and proximity to major employment centers throughout the South Bay. With limited multifamily inventory available in South Redondo Beach and increasing demand for housing in the area, 622 South Pacific Coast Highway presents a compelling opportunity for investors seeking a well-maintained coastal asset with meaningful value-add potential and long-term appreciation prospects.
622 S Pacific Coast Hwy
Investment Highlights
- Rare opportunity to acquire a well-maintained triplex in the highly desirable South Redondo Beach submarket
- Significant value-add potential with the ability to add up to three ADUs (Buyer to verify), creating a compelling opportunity to increase cash flow and long-term value
- Pride of ownership asset featuring strong curb appeal and exceptional maintenance throughout ownership
- Premier location just minutes from the Riviera Village, offering walkable access to dining, shopping, entertainment, and coastal amenities
Exclusively Listed By
Listing Price: $1,750,000
Investment Highlights
- Rare opportunity to acquire a well-maintained triplex in the highly desirable South Redondo Beach submarket
- Significant value-add potential with the ability to add up to three ADUs (Buyer to verify), creating a compelling opportunity to increase cash flow and long-term value
- Pride of ownership asset featuring strong curb appeal and exceptional maintenance throughout ownership
- Premier location just minutes from the Riviera Village, offering walkable access to dining, shopping, entertainment, and coastal amenities
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to present 622 South Pacific Coast Highway, a rare triplex investment opportunity located in the heart of South Redondo Beach. This pride-of-ownership asset offers investors the unique combination of stable current income and substantial future upside through the potential addition of up to three Accessory Dwelling Units (ADUs) (Buyer to verify). The pro forma rates reflect anticipated market rents once the proposed ADUs are constructed and operational. Ideally positioned just moments from the vibrant Riviera Village, tenants enjoy convenient access to an abundance of restaurants, boutique shopping, entertainment venues, and some of Southern California’s most desirable beaches. The property’s premier South Redondo location continues to benefit from strong rental demand driven by its coastal lifestyle, excellent schools, and proximity to major employment centers throughout the South Bay. With limited multifamily inventory available in South Redondo Beach and increasing demand for housing in the area, 622 South Pacific Coast Highway presents a compelling opportunity for investors seeking a well-maintained coastal asset with meaningful value-add potential and long-term appreciation prospects.
Exclusively Listed By
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