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$5,375,000
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Property Description
Located in South Redondo Beach, west of PCH, this exceptional coastal investment offers a rare opportunity to purchase a 12-unit apartment just blocks from the Redondo Beach Pier, King Harbor, and the Pacific Ocean. The property consists of (12) 2-bedroom/1.75-bathroom units with spacious layouts, including four renovated units delivered vacant, allowing an investor to immediately capture market rents and drive income growth. The asset features strong in-place financials with a 4.35% current cap rate and 14.71 GRM, along with a projected 5.30% pro-forma cap rate and 12.79 GRM. This 11,364-SF asset is situated on a large 11,364-SF lot, which presents an attractive opportunity to add ADUs and further enhance returns. Additional highlights include 12 garages and an on-site laundry facility which is able to generate additional income. Furthermore, the property is not subject to Los Angeles rent control and instead falls under AB 1482. With its prime coastal location, desirable unit mix with spacious layouts, rent current income and upside potential, and long-term appreciation, this offering represents a true generational asset in one of the South Bay's most desirable rental markets.
Full Property Details
Full Property Details for 525 N Francisca Ave
General
- Sold For: $5,375,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26674141
- Added to Site: 143 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 24
Bedrooms
- Total Bedrooms: 24
Other Rooms
- Laundry: Laundry Area, Room
Additional Information
- Other Features: Other
Parking
- Garage: Yes
- Garage Spaces: 12
- Garage Description: Garage
Location
- Area: S. Redondo Beach South of PCH
- County: Los Angeles
- Cross Streets: Francisca Avenue & Catalina Avenue
- Driving Directions: West of PCH, South of Herondo Street, East of Elena Avenue, North of Beryl Street
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- # Gas Meters: 12
- # Electric Meters: 12
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 12,192
- Sq. Ft. Source: Estimated
- Year Built: 1964
- Year Built Source: Other
Unit Information
- Units in Complex: 12
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21
Unit 1
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 6
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 7
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 8
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 9
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 10
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 11
- Total Bathrooms: 1.75
- Bedrooms: 2
Unit 12
- Total Bathrooms: 1.75
- Bedrooms: 2
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.2609
- Lot Size: 11364
- Lot Size Source: Estimated
- Lot Dimensions: 70 x 151
- Zoning: RBR-3A
Financial Considerations
- Price Per Sq. Ft.: $500.33
- Price Per Unit: 508333
- Assessment Year: 1964
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 7503-011-032
Listed and Sold by Shield CRE, Inc., Gianluca Jacoli
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Schools
Schools serving 525 N Francisca Ave
School District:Redondo Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Beryl Heights Elementary School 920 Beryl Street, Redondo Beach, CA 90277 | K-5 | 0.5 mi |
Parras (Nick G.) Middle School 200 North Lucia Avenue, Redondo Beach, CA 90277 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 525 N Francisca Ave
Date
Details
Price
Change
Source
7/31/2026
Sold
$5,375,000
-11.89%
MLS
4/06/2026
Listed
$6,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
525 N Francisca Ave, Redondo Beach, CA 90277 (MLS# 26674141) is a Multi-Family property that was sold at $5,375,000 on July 31, 2026. Want to learn more about 525 N Francisca Ave? 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.

