Rare North Redondo Beach Multifamily Investment Opportunity
An exceptional four-unit multifamily asset has just become available in one of Redondo Beach’s most sought-after neighborhoods a property that hasn’t been on the market in decades.
Unit Mix:
• One freestanding 3-bedroom, 1-bath home with private yard, washer/dryer hookups in unit, engineered hardwood floors and so much more.
• Three 2-bedroom, 1-bath units, each featuring engineered hardwood floors, washer/dryer hookups in units (lower unit has a private yard).
Highlights:
• All units are well-maintained, thoughtfully upgraded and have great rentability.
• Strong tenant appeal with in-unit laundry, outdoor spaces, garages, and engineered hardwood flooring.
• Ample street and nearby parking.
• Long-term ownership with pride of care.
Market Drivers:
• Located in North Redondo Beach, one of the most desirable rental submarkets in the South Bay.
• Historically low vacancy rates, ensuring consistent rental demand.
• A short drive to beaches, restaurants, freeways, tech corridors, and major employment hubs.
• Rare combination of stable cash flow and long-term appreciation potential.
With decades since its last sale, this is a once-in-a-generation opportunity to secure a cornerstone multifamily asset in one of Southern California’s strongest rental markets.
Unit C will be delivered Vacant and will be vacated by 10/31/2025.
Listed by Teresa Workman
·
License #01819432
·
Teresa Workman
·
310-626-5078
Last updated November 04, 2025
·
Source: CRMLS #SB25228942
Listing Facts
TypeMulti-family
NeighborhoodNorth Redondo Beach
Days on Prevu72
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/30/2025
Price Decreased
$1,985,000
10/27/2025
Status changed to Active
$2,150,000
10/24/2025
Status changed to Removed from Feed
$2,150,000
10/24/2025
Status changed to Active
$2,150,000
10/23/2025
Status changed to Removed from Feed
$2,150,000
10/18/2025
Status changed to Active
$2,150,000
10/17/2025
Status changed to Removed from Feed
$2,150,000
09/30/2025
Listed by Teresa Workman
$2,150,000
Property Details for 2615 Rockefeller
Association
Amenities
Community Features: Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 4
Property Attached: Yes
Stories: 1
Stories Total: 2
Year Built: 1954
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Ground Level
Measurements
Building Area Total: 3,507
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 7,507.00
Lot Size Area: 7,507
Lot Size Source: Assessor
Lot Size Square Feet: 327,004,920
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $91,980.00
Operating Expense: $10,000.00
Taxes
Parcel Number: 4082003019
Other
Location
Tax Block: 22
Tax Lot: 20
Parking
Parking
Garage Spaces: 1
Garage: Yes
Parking Total: 1
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Stacked
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2615 Rockefeller.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 2615 Rockefeller.
How does 2615 Rockefeller compare to other multi-family homes in North Redondo Beach?
This multi-family home is listed 19% below the average price for multi-family homes in North Redondo Beach and has been on the market for 2 less days than the typical home in this area.
2615 Rockefeller is a -bedroom multi-family home for sale in Redondo Beach CA 90278. Available on Prevu for 72 days at $1,985,000. This includes a recent price decrease of $165,000. This property is located in North Redondo Beach. The median listing price for multi-family homes in this area is $1,734,000. Property amenities include parking. Browse more multi-family home listings in Redondo Beach.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.