1816 Speyer Lane, Redondo Beach, CA 90278
- $1,925,000
- Sold Price
- $1,925,000
- List Price
- $2,300,000
- Closing Date
- Dec 29, 2025
- Status
- CLOSED
- MLS#
- SB25186430
- Year Built
- 1973
- Lot Size
- 7,501
- Acres
- 0.17
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 72
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Well-maintained 4-unit complex in desirable Jefferson Elementary neighborhood. 100% tenant occupied. Three units are 2BD/1BA with add'l separate powder area, all recently remodeled with granite counters, vinyl windows, tile floors, tiled stairwells to rooftop decks, vinyl flooring, new E-pipe plumbing, and newer roofing. Termite repairs have been completed. Each unit has a private courtyard and garage parking. Front unit is approx. 1,500 sq. ft. 3BD/2.5BA + den with fireplace, vaulted ceilings, washer/dryer hook-ups, and private courtyard. Strong rental history, pride of ownership, and excellent owner-user or investor opportunity. Highlights: • 4 Units – 100% occupied • Three remodeled 2BD/1BA units w/ powder area • Front unit ~1,500 sq. ft. 3BD/2.5BA + den • Private courtyards for all units • Garage parking for every tenant • New E-pipe plumbing, vinyl windows, sealed/coated roof • Termite repairs completed • Located in Jefferson Elementary School district
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Additional Information
- Appliances
- Dishwasher, Electric Range, Gas Range, Gas Water Heater
- Pool Description
- None
- Fireplace Description
- Den
- Heat
- Combination, Forced Air
- Cooling Description
- None
- View
- Mountain(s), Neighborhood
- Exterior Construction
- Stucco, Copper Plumbing
- Roof
- Flat
- Garage Spaces Total
- 7
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Beamed Ceilings, All Bedrooms Up, Jack and Jill Bath
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $124,800
- Operating Expense
- 43785
Listing courtesy of Listing Agent: Greg Fabian (greg@gregfabian.com) from Listing Office: Thompson Team Real Estate, Inc..
Listing sold by Jonathan Weir from Marcus & Millichap
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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.