Recently Viewed Properties
See This Home
Save This Listing
Close

$7,350,000

  • Sold
  • Closed
  • Multi-Family
  • 38 Total Beds
  • 3 Car Garage
See This Home
Save This Home
See This Home
Save This Home
This 26 Unit Property presents an opportunity to add value to a very desirable asset in a Premium location. The 906 Redondo Apts. is located in one of Southern California's most sought-after areas, Redondo Beach. It's about a mile from Redondo Pier/Fisherman's Wharf, and the Pacific Ocean. This is a mecca for weekend tourists with over 50 options for dining, shopping, and water activities. The charming Flatiron style building built in the 60's, sits on a robust commercial corner, but offers the tenants parking access off a quiet cul-de-sac. The unit mix is ideal with (2) 3 BR's; (7) 2BR's and (17) 1BR's. There are 24 covered parking spaces plus (3) garages. The front entrance features a lush garden with a tropical theme and a stairwell to the secure gate. That entry leads to an open courtyard with a heated pool, and lounge area for tenants. The property has been professionally managed for years and offers immediate and attainable upside of 27%. The city of Redondo Beach is subject only to state rent control (AB1482) and rents can be raised annually by 5% plus CPI.

Full Property Details for 906 Torrance Blvd

General

  • Sold For: $7,350,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 24-437465
  • Added to Site: 499 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 30

Bedrooms

  • Total Bedrooms: 38

Additional Information

  • Security/Safety: Resident Manager, Gated
  • Other Features: None

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Garage Description: Assigned, Garage

Location

  • Area: S. Redondo Beach South of Torrance Blvd
  • County: Los Angeles
  • Driving Directions: West of Prospect Ave., South of Garnet St., North of Pearl St.
  • Direction Faces: North

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Natural Gas

Structural Information

  • # Buildings: 1
  • Architectural Style: Mid-Century
  • Stories/Levels: 1
  • Square Feet: 19,944
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1962
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 26
  • Unit Type: 2106, 2107, 2108, 2109, 2110

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.4681
  • Lot Size: 20390
  • Lot Size Source: Vendor Enhanced
  • Zoning: RBC-2

Financial Considerations

  • Price Per Sq. Ft.: $413.66
  • Assessment Year: 1962
  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity, Cable TV

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 7506-022-056

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Keith Moret and Lyon Stahl Investment Real Estate, Inc., Martin Ensbury

Listing agents

— 906 Torrance Blvd —

  • Keith Moret

    Lyon Stahl Investment Real Estate, Inc.

  • Martin Ensbury

    Lyon Stahl Investment Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 906 Torrance Blvd

School District:Redondo Beach Unified School District
NameGradesDistance
Alta Vista Elementary School, Redondo Beach, CA
815 Knob Hill Avenue, Redondo Beach, CA 90277
K-50.6 mi
Parras (Nick G.) Middle School
200 North Lucia Avenue, Redondo Beach, CA 90277
6-80.4 mi
Redondo Union High School
One Sea Hawk Way, Redondo Beach, CA 90277
9-120.7 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 906 Torrance Blvd

Date
Details
Price
Change
Source
12/23/2024
Sold
$7,350,000
-10.91%
MLS
9/08/2024
Listed
$8,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Keith Moret and Lyon Stahl Investment Real Estate, Inc., Martin Ensbury

Just Listed near 906 Torrance Blvd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

225 27th St, Hermosa Beach, CA 90254 - Photo 1 Just Listed
$2,899,000

225 27th St  Hermosa Beach, CA 90254

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,860
    Sq. Ft.
2526 Hermosa Ave, Hermosa Beach, CA 90254 - Photo 1 Just Listed
$14,999,000

2526 Hermosa Ave  Hermosa Beach, CA 90254

  • Single Family
  • Active
  • Updated 1 day ago
  • 6
    Beds
  • 5
    Total Baths
  • 4,492
    Sq. Ft.
640 2nd, Hermosa Beach, CA 90254 - Photo 1 Just Listed
$2,499,000

640 2nd  Hermosa Beach, CA 90254

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 2
    Total Baths
  • 2,352
    Sq. Ft.
944 5th St, Hermosa Beach, CA 90254 - Photo 1 Just Listed
$2,695,000

944 5th St  Hermosa Beach, CA 90254

  • Townhouse
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,504
    Sq. Ft.

Price Reduced near 906 Torrance Blvd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1303 Cypress, Hermosa Beach, CA 90254 - Photo 1 Price Reduced
-$46,000 (-2.2%)
$2,049,000

1303 Cypress  Hermosa Beach, CA 90254

  • Townhouse
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 1,793
    Sq. Ft.
433 2nd St, Hermosa Beach, CA 90254 - Photo 1 Price Reduced
-$75,000 (-4%)
$1,800,000

433 2nd St  Hermosa Beach, CA 90254

  • Townhouse
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,840
    Sq. Ft.
649 Gould Terrace, Hermosa Beach, CA 90254 - Photo 1 Price Reduced
-$246,000 (-5.47%)
$4,249,000

649 Gould Terrace  Hermosa Beach, CA 90254

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,288
    Sq. Ft.
1566 W 208th, Torrance, CA 90501 - Photo 1 Price Reduced
-$20,000 (-2.08%)
$940,000

1566 W 208th  Torrance, CA 90501

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,760
    Sq. Ft.
Listed by Ndubisi Nwafor (CalRE#: 01818268) (760) 672-7622

Recent Sales near 906 Torrance Blvd

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

401 -417 S Pacific Coast Hwy, Redondo Beach, CA 90277 - Photo 1 Sold
$6,700,000

401 -417 S Pacific Coast Hwy  Redondo Beach, CA 90277

  • Lots/Land
  • Closed
  • 0.7668
    Acres
1535 Monterey Blvd, Hermosa Beach, CA 90254 - Photo 1 Sold
$7,700,000

1535 Monterey Blvd  Hermosa Beach, CA 90254

  • Multi-Family
  • Closed
740 24th Pl, Hermosa Beach, CA 90254 - Photo 1 Sold
$6,495,000

740 24th Pl  Hermosa Beach, CA 90254

  • Single Family
  • Closed
  • 6
    Beds
  • 6
    Total Baths
  • 5,729
    Sq. Ft.
2114 Manhattan Ave, Hermosa Beach, CA 90254 - Photo 1 Sold
$7,575,000

2114 Manhattan Ave  Hermosa Beach, CA 90254

  • Single Family
  • Closed
  • 4
    Beds
  • 5
    Total Baths
  • 3,636
    Sq. Ft.

906 Torrance Blvd, Redondo Beach, CA 90277 (MLS# 24-437465) is a Multi-Family property that was sold at $7,350,000 on December 23, 2024. Want to learn more about 906 Torrance Blvd? 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.