2508 Aviation Boulevard, Redondo Beach, California 90278, Redondo Beach, 90278 - bed, bath
CLOSED$1,625,000
2508 Aviation Boulevard, Redondo Beach, California 90278
0Bed
0Bath
3,370Sqft
4,998Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Investment Opportunity: This triplex offers a rare multi-unit investment opportunity, providing multiple income streams and flexibility for an owner-user or investor in a desirable coastal community.
Top Cons:
Age and Renovation Requirements: Built in 1964, the property is older and explicitly noted as needing renovation to capture market rents, implying a significant capital investment for updates and modernization.
Compared to the nearby listings
Price:$1.62M vs avg $1.62M (+$0)50%
Size:3,370 sqft vs avg 2,313 sqft71%
Price/sqft:$482 vs avg $67036%
More Insights
This property has been on the market for 29 days.
Built in 1964 (61 years old).
Condition: Built in 1964, this triplex shows its age, with two of the three units featuring significantly outdated kitchens (dark wood cabinets, tile countertops, very old built-in appliances) and general finishes like popcorn ceilings and dated light fixtures. While one unit appears to have a more recently updated kitchen with white shaker cabinets and newer appliances, the overall property requires substantial renovation to 'capture market rents' as stated in the description. The property is maintained, but the majority of the units exhibit styles and features from 20-40+ years ago, indicating a need for minor to moderate updates and modernization.
Year Built
1964
Close
$1.63M
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$474
HOA
-
Days on market
29 Days
Sold On
2025-12-09
MLS number
SB25256216
Home ConditionFair
Features
Deck
Patio
View-
About this home
Welcome to 2508 Aviation Boulevard, a rare multi-unit investment opportunity in the heart of North Redondo Beach. This well-maintained triplex consists of (1) 3 bed/2 bath unit and (2) 2 bed/1 bath units. Two of the three units will be delivered vacant at the close of escrow, offering a fantastic opportunity for an owner-user or investor to renovate and capture market rents. Ideally located near award-winning Redondo Beach schools, shopping, dining, beaches, and major commuter routes, this R-3 zoned property provides flexibility for future upgrades or redevelopment. Don't miss this unique chance to own a versatile, income-producing property in one of the South Bay’s most desirable coastal communities.
Nearby schools
7/10
Lincoln Elementary School
Public,•K-6•0.5mi
8/10
Madison Elementary School
Public,•K-5•0.7mi
8/10
Adams Middle School
Public,•6-8•1.2mi
8/10
Redondo Union High School
Public,•9-12•2.3mi
Price History
Date
Event
Price
07/24/18
Sold
$1,200,000
Condition Rating
Fair
Built in 1964, this triplex shows its age, with two of the three units featuring significantly outdated kitchens (dark wood cabinets, tile countertops, very old built-in appliances) and general finishes like popcorn ceilings and dated light fixtures. While one unit appears to have a more recently updated kitchen with white shaker cabinets and newer appliances, the overall property requires substantial renovation to 'capture market rents' as stated in the description. The property is maintained, but the majority of the units exhibit styles and features from 20-40+ years ago, indicating a need for minor to moderate updates and modernization.
Pros & Cons
Pros
Multi-Unit Investment Opportunity: This triplex offers a rare multi-unit investment opportunity, providing multiple income streams and flexibility for an owner-user or investor in a desirable coastal community.
Prime Location: Ideally located in the heart of North Redondo Beach, near award-winning schools, shopping, dining, beaches, and major commuter routes, enhancing its appeal and rental demand.
Vacant Units for Optimization: Two of the three units will be delivered vacant at close of escrow, offering immediate opportunity for renovation, rent optimization to market rates, or owner-occupancy.
R-3 Zoning Flexibility: The R-3 zoning provides significant flexibility for future upgrades or potential redevelopment, adding long-term value and strategic options for the buyer.
Strong Market Performance: The property sold above its list price and quickly (29 days on market), indicating high demand and strong market desirability in the area.
Cons
Age and Renovation Requirements: Built in 1964, the property is older and explicitly noted as needing renovation to capture market rents, implying a significant capital investment for updates and modernization.
Location on Busy Boulevard: Situated on Aviation Boulevard, the property may experience higher traffic noise and less residential tranquility, which could be a drawback for some tenants or owner-occupants.
Potential for Capital Expenditures: As an older multi-unit property requiring renovation, there is an increased likelihood of needing substantial capital expenditures for major system upgrades or deferred maintenance beyond cosmetic updates.