Est. cap rate

2.5%

Assumed rent, all units

$5,560/mo

Units

2

Price per unit

$675,000

Est. annual NOI

$33,360

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.

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

Duplex

Bedrooms

2

Building size

2,697 sqft

Lot size

6,005 sqft

Year built

1964

Stories

1

Garage spaces

3

Pool

None

Status

Active

Days on market

129

MLS #

244657589

About this property

THIS IS A LARGE DUPLEX - >> Both Units are Ground Level, and One Unit is available for OWNER OCCUPANCY << Located in the highly sought-after El Nido neighborhood of the Redondo Beach/Torrance border, this exceptional duplex presents a rare and compelling Owner-Occupancy or investment opportunity. Both units are beautifully maintained, thoughtfully updated, and have generous living space—making them ideal for both owner-users and investors alike. The front residence features 3 bedrooms plus an Office (formerly the 4th bedroom) and 2 bathrooms, plus a large living room, open kitchen with granite countertops, stainless steel appliances, and abundant cabinetry. Updated bathrooms, tile, and carpet flooring enhance both comfort and functionality. The rear unit offers 3 bedrooms, 2 bathrooms, a large Storage/Laundry room, and a Private Yard. Upgraded kitchen and refreshed baths. Each unit enjoys ample communal living areas, newer windows, oversized closets, and an outdoor patio with BBQ space—perfect for relaxing or entertaining. The single-level layout adds convenience and ease of access, while three separate one-car garages + 3 additional open parking spots provide extra parking and storage. Units have no shared walls (only a connected roofline), Artificial Turf, and a painted exterior; this property delivers both privacy and curb appeal. Whether you choose to live in one unit and generate rental income from the other, or lease both, this turnkey property is ready for you. Long-Term Tenants

Location

18527 Grevillea Avenue

Redondo Beach, Los Angeles, CA, 90278