$2,900,000
2601 Curtis Avenue, Redondo Beach CA 90278
Multi-Family (6 Units)
Property type
47 days
On market
$755
Price per sqft
6 cars
Garage
1958
Year built
7,498 sqft
Lot size
Home highlights
Open Houses
Overview
Corner lot investment opportunity in the desirable North Redondo Beach area! This professionally managed property consists of six fully occupied 2-bedroom 1 bath units, all of which have been upgraded in the past. Each unit has a single parking spot inside shared garages, with the ability to park another car tandem in the driveway. Furthermore, behind each garage parking spot...
Listing provided by: Mariko Artis DRE #02062257 310-955-8028, ADW Management USA, Inc., Takeshi Kida DRE #02096893, Takeshi Kida
Listing updated: Apr 30, 2026 at 11:27pm.
Last checked: Jun 12, 2026 at 11:31pm
Source: CRMLS #SB26093562
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1 | $2,435 | $2,435 | $2,650 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,430 | $2,475 | $2,650 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,500 | $2,500 | $2,650 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,435 | $2,435 | $2,650 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,435 | $2,435 | $2,650 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,535 | $2,535 | $2,650 | Unfurnished |
# of Buildings: 1
# of Units Total: 6
Separate Electric Meters: 7
Separate Gas Meters: 6
Separate Water Meters: 1
Rent Control: No
Units Leased: 6
Total Actual Rent: $14,770
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
16.3x
List Price / Annual Gross Rent
Cap Rate
3.32%
NOI / List Price
Gross Scheduled Income: $177,780
Vacancy Allowance: $5,333
Vacancy Allowance Rate: 3%
Operating Expense: $76,159
Net Operating Income: $96,288
Annual Operating Expenses
Electric: $842
Gardener: $3,000
Insurance: $8,917
Maintenance: $8,000
New Taxes: $34,931
Pest Control: $606
Professional Management: $10,347
Trash: $4,526
Water / Sewer: $3,990
Other Expense: $1,000
Interior
Cooling: None
Heating: Wall Furnace
Fireplace: None
Laundry: In Garage
Entry Location: Ground
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Composition
Common Walls: Two Common Walls Or More
Direction Faces: South
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Garage and Parking
Parking: Garage, Tandem, Uncovered
Garage Spaces: 6
Uncovered Spaces: 6
Carport Spaces: 0
Parking Total: 12
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 4153026013
Tax Lot: 13
Tax Block: 7
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks