$2,695,000
118 S Lucia, Redondo Beach CA 90277
Multi-Family (Fourplex)
Property type
6 days
On market
$526
Price per sqft
5 cars
Garage
1971
Year built
6,164 sqft
Lot size
Open Houses
Overview
Large 4 unit building. Each townhouse style unit is spacious and features its own private rooftop deck. Located near top rated schools, the beachand a vast selection of shopping and dining options, these units are always in high demand. Units include one 3 bed/2.5bath front unit and three2/1.5 bath units. The property offers ample parking with three 2 car garages. The garages...
Listing provided by: Bill Ruane DRE #00972400 310-877-2374, Estate Properties, David Matt Crabbs DRE #01120751 310-864-9034, Compass
Listing updated: Jun 11, 2026 at 01:48pm.
Last checked: Jun 15, 2026 at 09:30pm
Source: CRMLS #SB26126857
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 3 | — | $3,900 | $3,900 | $4,500 | Unfurnished |
| 1 | 2 | 2 | — | $3,177 | $3,177 | $3,500 | Unfurnished |
| 1 | 2 | 2 | — | $2,720 | $2,720 | $3,500 | Unfurnished |
| 1 | 2 | 2 | — | $2,720 | $2,720 | $3,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 0
Separate Water Meters: 1
Rent Control: No
Units Leased: 4
Tenant Pays: Electricity
Financial Snapshot
Gross Rent Multiplier
17.9x
List Price / Annual Gross Rent
Cap Rate
3.7%
NOI / List Price
Gross Scheduled Income: $150,204
Operating Expense: $50,538
Net Operating Income: $99,667
Annual Operating Expenses
Fuel: $0
Insurance: $3,600
Trash: $150
Water / Sewer: $200
Interior
Laundry: Common Area
Entry Location: Ground Level W, Steps
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Rectangular Lot
Pool: None
Sewer: Public Sewer
Garage and Parking
Parking: Assigned
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 7506001024
Additional Parcels: No
Tax Lot: 25
Tax Block: 49
Community
Senior Community: No
Community Features: Curbs, Gutters, Street Lights, Sidewalks