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PendingLuxury

$1,750,000

2,420 sqft$723/sqft157 days on market

622 S Pacific Coast Highway

Redondo Beach, CA 90277

· 8% down, 7% APR, 30yr fixed

5

Beds

3

Baths

2,420

Square feet

1943

Built

Listing narrative

Description

We are pleased to present 622 South Pacific Coast Highway, a rare triplex investment opportunity located in the heart of South Redondo Beach. This pride-of-ownership asset offers investors the unique combination of stable current income and substantial future upside through the potential addition of up to three Accessory Dwelling Units (ADUs) (Buyer to verify). Ideally positioned just moments from the vibrant Riviera Village, tenants enjoy convenient access to an abundance of restaurants, boutique shopping, entertainment venues, and some of Southern California's most desirable beaches. The property's premier South Redondo location continues to benefit from strong rental demand driven by its coastal lifestyle, excellent schools, and proximity to major employment centers throughout the South Bay. With limited multifamily inventory available in South Redondo Beach and increasing demand for housing in the area, 622 South Pacific Coast Highway presents a compelling opportunity for investors seeking a well-maintained coastal asset with meaningful value-add potential and long-term appreciation prospects.

Listing agent (MLS): Jonathan Weir · Listing brokerage (MLS): Marcus & Millichap

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,750,000

Beds

5 bd

Type

House

Home Size

2,420 sqft

Baths

3

Lot Size

0.16 acres

Year

1943

Status

Pending

Days on Market

157

$ / Sqft

$723

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap