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$3,950,000

FOR SALE
Active

108 N Broadway

Redondo Beach, CA

MLS# 26103119

4,352 Sq Ft8bd • 7ba
12 days on marketNalren refreshed

Listing Agent

Noam Srolovitz

Listing Agent

Kape Property Management, Inc.

DRE #: 02069623

(310) 912-7808

Brokerage: Kape Property Management, Inc.

Benjamin Lester

Co-Listing Agent

Kape Property Management, Inc.

DRE #: 02033314

Brokerage: Kape Property Management, Inc.

Property Details

8

Bedrooms

7

Bathrooms

4,352 sqft

Square Feet

1906

Year Built

7,608 sqft

Lot Size

$908

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

Presenting a historic, turnkey 6-unit apartment community located in the heart of Redondo Beachjust blocks from the ocean and pier. This asset features an attractive mix of one 3-Bed/2-Bath and five 1-Bed/1-Bath apartments. Significant tax savings via an active Mills Act contract (saving ~60% on annual property taxes post-sale) boosts net cash flow. NO LOCAL RENT CONTROL! All 6 units are 100% occupied by qualified, long-term, at-market tenants. The entire property has been professionally designed and upgraded, including electrical (main panel + subpanels), plumbing, designer kitchens & baths, exterior facade, and landscaping. Easy to secure quality insurance based on key upgrades. Massive builder upside: architectural plans for 6 detached ADUs are approved by Planning and currently under Building Department review.

Facts & Features

Interior

Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Flooring
Laminate, Wood
Interior Features
Ceiling Fans

Building

Year Built
1906
Living Area
4,352 sqft
Building Area Total
4,352
Levels
Multi Split
Stories Total
2

Utilities

Heating
Combination

Parking

Parking Features
Assigned
Parking Total
6

Community / HOA

HOA
No

Sale history for 108 N Broadway

  • Sold $2,015,000 in August 2025 · MLS #25539699 · Source: CRMLS

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