$2,800,000
215 S Broadway, Redondo Beach CA 90277
Multi-Family (Fourplex)
Property type
7 days
On market
$1,636
Price per sqft
0 cars
Garage
1921
Year built
3,550 sqft
Lot size
Open Houses
Overview
Sold together with 217 South Broadway only. (APN #s 7505-018-007 & 7505-018-006). Quiet, tree-lined, extra-wide South Broadway. These are rare side-by-side lots with desirable street to alley access for ease of future development (South Broadway to New High Court). Total combined lot sq.ft. of 7,055 (per title). Each lot is zoned RBR-3A. The properties are to be sold AS-IS....
Listing provided by: Elizabeth Collins DRE #00897841 310-749-4653, Alpha Properties
Listing updated: Jun 4, 2026 at 01:24pm.
Last checked: Jun 4, 2026 at 02:00pm
Source: CRMLS #SB26117193
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,450 | $2,450 | $3,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,550 | $1,550 | $1,850 | Unfurnished |
| 1 | 1 | 1 | — | $1,360 | $1,360 | $1,850 | Unfurnished |
| 1 | 0 | 1 | — | $0 | $0 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $1,680 | $1,680 | $2,400 | Unfurnished |
| 1 | 1 | 1 | — | $1,305 | $1,305 | $2,400 | Unfurnished |
# of Buildings: 5
# of Units Total: 6
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Ranges: 6
Rent Control: No
Units Leased: 5
Total Actual Rent: $100,140
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
28.0x
List Price / Annual Gross Rent
Cap Rate
2.51%
NOI / List Price
Gross Scheduled Income: $100,140
Operating Expense: $30,000
Net Operating Income: $70,140
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Cooling: None
Appliances: Gas Range, Gas Water Heater
Fireplace: None
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Entry Location: Front
Exterior
Architectural Style: Craftsman
Property Attached: No
Stories Total: 1
Roof: Composition
Foundation: Raised
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Other Structures: Guest House Detached
Garage and Parking
Parking: On Street
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7505018007
Additional Parcels: Yes
Tax Lot: 18
Tax Block: 180
Lot Size Dimensions: 25X140
Lot Dimensions Source: PublicRecords
Community
Senior Community: No
Community Features: Biking, Curbs, Hiking, Park, Street Lights, Sidewalks, Urban
Nearby Schools
Nearby schools around the 215 S Broadway, Redondo Beach, CA 90277. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,240,000
Total Interest
$2,856,997
Total Payment
$5,096,997
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$17,225
per month
Property History for 215 S Broadway
Redondo Beach Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90277.
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