$4,050,000
$4,200,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
2707 Ruhland Redondo Beach, CA 90278
7,562 Sqft Lot
Key Details
Sold Price $4,050,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB26049914
Sold Date 06/17/26
HOA Y/N No
Year Built 2026
Lot Size 7,562 Sqft
Property Sub-Type Apartment
Property Description
Now Fully Leased! Enormous brand new ground up construction 5 unit property (3+2 ADUs) with over 7200 rentable square feet on a 7500 square foot corner lot, located in the desirable North Redondo Beach. The property consists of five 3-bedroom units with modern high-end finishes, brand new stainless steal kitchen appliances, central AC, and new washer/dryers in every unit. Three units offer 3 bedrooms and 3 bathrooms, while two units feature 3 bedrooms and 2 bathrooms. The larger units include private balconies and two-car garages on the ground level along with a secondary primary suite, while the second level features open-concept living spaces and additional bedrooms. Two units also include a spacious loft overlooking the living area plus a third floor balcony. Super low expense building - all electric with separate meters for each unit and separate water meters for each unit, no gas. Property also includes solar panels for electricity generation and electric car charger conduits in the garages. Located just a short e-bike ride to the beach with easy access to the 405 freeway, this property offers strong rental appeal in a prime South Bay location. Projected 5% cap rate and 13.7 GRM, making this an attractive opportunity for investors seeking a newly built asset with low maintenance and modern layouts in a high-demand rental market.
Location
State CA
County Los Angeles
Area 151 - N Redondo Bch/Villas North
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Direct Access, Garage
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Suburban
Total Parking Spaces 8
Private Pool No
Building
Lot Description Rectangular Lot
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 4153031024
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Elena Moric The Realestate Group


