Deal numbers
- Est. cap rate
- 2.8%
- Assumed rent, all units
- $11,120/mo
- Units
- 4
- Price per unit
- $587,500
- Est. annual NOI
- $66,720
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $126,768
- Operating expenses
- $63,384
- Net operating income
- $63,384
- Annual debt service
- $140,711
- Annual cash flow
- -$77,327
- Cash on cash return
- -13.2%
- Down payment
- $587,500
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Quadruplex
- Bedrooms
- 4
- Building size
- 4,917 sqft
- Lot size
- 7,500 sqft
- Year built
- 1973
- Stories
- 2
- Garage spaces
- 4
- Pool
- None
- Status
- Active
- Days on market
- 160
- MLS #
- 238684023
About this property
2220 Huntington Avenue, Redondo Beach, CA offers an exceptional opportunity to acquire a well-positioned four-unit income property in the heart of the South Bay. Encompassing approximately 4,917 square feet of living space, this asset features generously sized units designed to attract long-term, high-quality tenants. The property includes one spacious three-bedroom, two-bathroom unit, along with three additional two-bedroom, two-bathroom units, providing an ideal and highly desirable unit mix for today’s rental market. Each residence offers comfortable layouts with ample living space, enhancing both tenant appeal and retention. Located in Redondo Beach, the property benefits from a prime coastal setting with convenient access to beaches, parks, schools, shopping, dining, and major commuter routes. This sought-after location consistently drives strong rental demand, making the property a reliable and attractive investment. With its combination of size, unit mix, location, and income potential, 2220 Huntington Avenue represents a solid addition to any investment portfolio and a rare opportunity to own a premier multi-unit property in one of the South Bay’s most desirable communities. Please do not disturb tenants.
Location
2220 Huntington Lane
Redondo Beach, Los Angeles, CA, 90278