2106 Manhattan Beach Boulevard, Redondo Beach, CA 90278

$11,750,000
36
BD
36
BA
17,360
SqFt

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List Price
$11,750,000
Status
ACTIVE
MLS#
26106510
Year Built
1968
Bedrooms
36
Bathrooms
36
Living Sq. Ft
17,360
Lot Size
16,882
Acres
0.39
Days on Market
2
Property Type
Multifamily
Stories
Multi Level

Property Description

We are pleased to present the CitiZen Beach Collection on Manhattan, an 18-unit townhome community at 2106 Manhattan Beach Boulevard in north Redondo Beach. Every residence is a two-story, two-bed / one-and-a-half-bath townhome that has been fully redesigned, offering a rare chance to own a turnkey coastal asset in one of the South Bay's most desirable submarkets. Set just minutes from the beach, the community is a short drive to the Manhattan Beach and Hermosa Beach piers and close to top-rated dining, shopping, and major South Bay employers. Pacific Coast Highway, LAX, and local entertainment are all nearby, yet the neighborhood keeps its peaceful, residential feel. The renovated interiors feature in-unit washers and dryers, Calacatta quartz countertops and vanities, stainless steel appliance packages, wood-style flooring, designer fixtures, custom cabinetry, island kitchens, and spacious private patios made for coastal living. Every unit includes at least one assigned space in a secure, gated underground garage, with 27 spaces in all. Some units have two spaces. Controlled access gives residents the security and convenience that support premium rents and strong retention. Backed by steady demand for quality coastal housing and a historically tight Redondo Beach rental market, this 100% occupied offering carries approximately 8% rental upside to top-of-market rates. A new owner steps into stable, in-place income and can capture additional upside at turnover while holding a renovated, irreplaceable South Bay asset. An ideal fit for long-term investors seeking both stability and mark-to-market upside.

Additional Information

Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Heat
Electric
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
27
Interior Features
Ceiling Fan(s), Recessed Lighting
Attached Structure
Detached
Number Of Units Total
18

Listing courtesy of Listing Agent: Nabil Awada (nabil.awada@matthews.com) from Listing Office: Matthews Real Estate Investment Services.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.