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$1,925,000
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Property Description
Well-maintained 4-unit complex in desirable Jefferson Elementary neighborhood. 100% tenant occupied. Three units are 2BD/1BA with add'l separate powder area, all recently remodeled with granite counters, vinyl windows, tile floors, tiled stairwells to rooftop decks, vinyl flooring, new E-pipe plumbing, and newer roofing. Termite repairs have been completed. Each unit has a private courtyard and garage parking.
Front unit is approx. 1,500 sq. ft. 3BD/2.5BA + den with fireplace, vaulted ceilings, washer/dryer hook-ups, and private courtyard. Strong rental history, pride of ownership, and excellent owner-user or investor opportunity.
Highlights:
•4 Units - 100% occupied
•Three remodeled 2BD/1BA units w/ powder area
•Front unit ~1,500 sq. ft. 3BD/2.5BA + den
•Private courtyards for all units
•Garage parking for every tenant
•New E-pipe plumbing, vinyl windows, sealed/coated roof
•Termite repairs completed
•Located in Jefferson Elementary School district
Full Property Details
Full Property Details for 1816 Speyer Ln
General
- Sold For: $1,925,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB25186430
- Added to Site: 197 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Up, Jack & Jill
- Interior Features: Beamed Ceilings, Copper Plumbing (Full)
- Fireplace(s): Den
- Appliances: Dishwasher, Gas & Electric Range, Gas Water Heater
- Flooring: Carpet, Laminate
Rooms
Other Rooms
- Laundry: Common Area, Community
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 7
- Parking Features: Assigned, Driveway Level, Garage
- Parking: Assigned, Driveway Level, Garage
Location
- Area: 152 - N Redondo Bch/Villas South
- County: Los Angeles
- Development Name: 152 - N Redondo Bch/Villas South
- Driving Directions: From Grant Ave, south
Heating & Cooling
- Cooling Type: None
- Heating Type: Combination, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 5
Structural Information
- Architectural Style: Traditional
- Foundation: Slab
- Roof: Flat
- Windows: Insulated Windows
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 5,080
- Year Built: 1973
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Mountain(s), Neighborhood
- Lot Size (Acres): 0.1722
- Lot Size Source: Assessor
- Zoning: RBR-2
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $378.94
- Price Per Unit: 575000
Listed by Thompson Team Real Estate, Inc., Greg Fabian
Sold by Marcus & Millichap, Jonathan Weir
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Schools
Schools serving 1816 Speyer Ln
School District:Redondo Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Jefferson Elementary School, Redondo Beach, CA 600 Harkness Lane, Redondo Beach, CA 90278 | K-5 | 0.1 mi |
Parras (Nick G.) Middle School 200 North Lucia Avenue, Redondo Beach, CA 90277 | 6-8 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1816 Speyer Ln
Date
Details
Price
Change
Source
12/29/2025
Sold
$1,925,000
-16.3%
MLS
11/03/2025
Price Reduced
$2,300,000
-7.82%
MLS
8/19/2025
Listed
$2,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1816 Speyer Lane, Redondo Beach, CA 90278 (MLS# SB25186430) is a Multi-Family property that was sold at $1,925,000 on December 29, 2025. Want to learn more about 1816 Speyer Lane? Do you have questions about finding other Multi-Family real estate for sale in Redondo Beach? You can browse all Redondo Beach real estate or contact a Coldwell Banker agent to request more information.

