Description

Rare eight-unit coastal income property in Riviera Village, half a block from the Esplanade and less than 0.1 mile to the sand. Five of the eight units enjoy ocean views. Four 2BD/1BA and four 1BD/1BA units averaging approximately 828 SF, on an approx. 9,000 SF lot with covered parking and on-site laundry. Unit 4, a two-bedroom, will be delivered vacant: renovate it to your own standard and lease at market, or occupy it yourself. Offered at a 4.12% cap rate and 15.67 GRM on current rents (vacant unit at market), with renovated rents supporting a 5.15% cap and 13.34 GRM. Most windows have been replaced, the electrical has been updated and the SB 721 balcony inspection is complete. No local rent control (AB 1482 only), and all tenancies are month-to-month. Steps to Riviera Village dining and shopping.

Property details

Bedrooms

12

Bathrooms

8

Square feet

6,628

Year built

1954

Property type

Residential Income

Lot size

8,991 sqft

Location

106 Vista Del Mar • Redondo Beach, CA 90277

More homes for sale and rent in Redondo Beach, CA →

Listing Agent

Gianluca Jacoli

DRE #: 01938297

Brokerage: Shield CRE, Inc.

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Closed sales reported in 90277, nearest first, last 12 months. All recent sales in Redondo Beach →

CRMLS

MLS# 26999919

Listed: 10/12/2026 4:02 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/20/2026 12:14 AM. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Shield CRE, Inc.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

12-Bedroom Residential Income - 106 Vista Del Mar, Redondo Beach, CA