Listed by Stephen Lampe, Re/Max Commercial & Investment, (310) 802-2500 . Bought with Allison James Estates & Homes
1104 Opal St
Redondo Beach, CA 90277
9 Beds
8 Baths
4,610 sqft
9 Beds
8 Baths
4,610 sqft
Local Information
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Description
The subject property is a 4 unit apartment complex in a Prime area of South Redondo Beach on a quiet cul-de-sac just 1 mile from the beach! The property has been in the same family for 45 years and has been well maintained. The rents are significantly below market, with 25-40% upside in rental income on all units. There is immediate upside of 6% on each unit as the seller only gave tenants a 3% increase as of May 1, 2023 and all tenants are on a month-to-month tenancy.
The front unit is a large 3-bedroom 2-bath Townhome style unit with an attached 2 car garage. The remaining units are 2-bedroom 1.75-bath units with shared garages, and there are open parking spaces for 2 vehicles.
The building is all electric, and the units are separately metered, so that the tenants pay their own electric utilities. There is a laundry room on site that is on a lease with WEB. Each unit has a patio or balcony and there is a common area in back for tenants to BBQ. The building features pitched roofs, copper plumbing and high quality Milgard brand windows have been installed in place of the original windows.
This is a great opportunity for an investor or someone who wants to occupy a unit at some time in the future.
The front unit is a large 3-bedroom 2-bath Townhome style unit with an attached 2 car garage. The remaining units are 2-bedroom 1.75-bath units with shared garages, and there are open parking spaces for 2 vehicles.
The building is all electric, and the units are separately metered, so that the tenants pay their own electric utilities. There is a laundry room on site that is on a lease with WEB. Each unit has a patio or balcony and there is a common area in back for tenants to BBQ. The building features pitched roofs, copper plumbing and high quality Milgard brand windows have been installed in place of the original windows.
This is a great opportunity for an investor or someone who wants to occupy a unit at some time in the future.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from August 17, 2023
Home Highlights
Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 1104 Opal St
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Interior Details Number of Rooms: 4Types of Rooms: Master Bedroom, Master Bathroom, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 8 |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water ConnectedLaundry: Common Area |
Fireplace & Spa Fireplace: Living RoomSpa: NoneHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1 |
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Exterior Home Features Roof: See RemarksNo Private Pool |
Parking & Garage Number of Garage Spaces: 6Number of Covered Spaces: 6Has a GarageNo Attached GarageParking Spaces: 6Parking: Assigned |
Pool Pool: None |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 56 |
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Year Built Year Built: 1965 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Condition: Updated/Remodeled, TurnkeyParcel Number: 7506023073 |
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Price List Price: $2,300,000 |
Status Change & Dates Off Market Date: Thu Aug 03 2023Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Redondo Beach |
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Building Area Building Area: 4610 Square Feet |
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Community Features: Curbs, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 7210 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Expense Tenant Pays: Cable TV, Electricity, Telephone |
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Has Rent Control |
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Mls Number: SB23101204Living Area Range Units: Square FeetCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-7506023073-R-N |
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CurbsSidewalks |
Last check for updates: about 16 hours ago
Listed by Stephen Lampe DRE #01164364, (310) 880-1151
Re/Max Commercial & Investment
Bought with: Lon Pascal DRE #02071796, Allison James Estates & Homes
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB23101204
Price History for 1104 Opal St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/17/2023 | $2,265,000 | Sold | CRMLS #SB23101204 |
| 08/14/2023 | $2,300,000 | Pending | CRMLS #SB23101204 |
| 08/04/2023 | $2,300,000 | Contingent | CRMLS #SB23101204 |
| 07/22/2023 | $2,300,000 | PriceChange | CRMLS #SB23101204 |
| 06/08/2023 | $2,400,000 | Listed For Sale | CRMLS #SB23101204 |
| 02/07/2011 | $1,975 | ListingRemoved | Agent Provided |
| 01/07/2011 | $1,975 | Listed For Rent | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $27,261 |
| Assessment | $2,310,300 |
Home facts updated by county records
Comparable Sales for 1104 Opal St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Multi-Family Home | $2,950,000 | 01/09/26 | 9 | 8 | 4,610 | |
0.42 | Multi-Family Home | $2,950,000 | 01/14/26 | 9 | 8 | 4,610 | |
0.57 | Multi-Family Home | $2,390,000 | 09/05/25 | 12 | 6 | 4,368 | |
0.71 | Multi-Family Home | $3,619,800 | 07/31/25 | 8 | 8 | 4,248 | |
0.25 | Multi-Family Home | $1,880,000 | 03/27/26 | 4 | 2 | 2,476 | |
0.54 | Multi-Family Home | $1,675,000 | 12/30/25 | 6 | 5 | 2,234 | |
0.74 | Multi-Family Home | $2,015,000 | 08/28/25 | 4 | 5 | 4,352 | |
1.12 | Multi-Family Home | $2,065,000 | 09/25/25 | 8 | 7 | 4,302 | |
1.02 | Multi-Family Home | $3,150,000 | 09/10/25 | 13 | 11 | 5,725 |
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Assigned Schools
These are the assigned schools for 1104 Opal St.
- Alta Vista Elementary School
- K-5
- Public
- 547 Students
8/10GreatSchools RatingParent Rating AverageMy daughter has special-needs and this is her second year in the LIFT program at Alta Vista. Her teachers, Leah C. & Shanel O., have gone above and beyond for my child, as well as other students in the classroom. The amount of progress that I've seen in my child (as well as others) is astronomical! I have never had any issues with communication or having my concerns addressed. Leah C. has expressed her gratitude, time-and-time again, and has noticed even the smallest of contributions by parent(s). Shanel O. has provided insight and advice, for both, inside of the classroom as well as at home. Both teachers have developed a bond with my child and make my child feel welcomed and invited, daily. I don't believe my daughter would have progressed as much as she has anywhere else. I see my daughter excited to enter the classroom and the teachers (including assistants) are engaged and know the children's individual personalities and needs. They. Truly. Care. In a perfect world, teachers Ms. Leah C., Ms. Shanel O., and assistants Ms. Tsai, and Mr. Lindsay, would all adjust their positions and follow my daughter through her kindergarten experience. Unfortunately, they can't. Nonetheless, we were blessed to have had this staff for the two years that we did and my daughter had a great experience. I wouldn't have it any other way.Parent Review11mo ago - Parras (Nick G.) Middle School
- 6-8
- Public
- 1031 Students
7/10GreatSchools RatingParent Rating Averagemiss Hansel is the only good teacher and she is awesome and the best teacher ever ever everStudent Review2mo ago - Redondo Union High School
- 9-12
- Public
- 2921 Students
10/10GreatSchools RatingParent Rating AverageSadly this school was an extreme disappointment. Parents in the neighborhood think their kids are getting some great education just because of the neighborhood. I found that not to be the case and we ended up moving. The teachers and curriculum are not committed to academics.Parent Review3w ago 
Check out schools near 1104 Opal St.
What Locals Say about Redondo Beach
At least 746 Trulia users voted on each feature.
95 % Say there are sidewalks
95 % Say it's dog friendly
84 % Say it's walkable to restaurants
82 % Say people would walk alone at night
79 % Say streets are well-lit
79 % Say car is needed
68 % Say there's holiday spirit
68 % Say kids play outside
66 % Say it's walkable to grocery stores
65 % Say they plan to stay for at least 5 years
63 % Say parking is easy
62 % Say neighbors are friendly
61 % Say yards are well-kept
54 % Say it's quiet
38 % Say there's wildlife
36 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Homes for rent near 1104 Opal St
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1104 Opal St, Redondo Beach, CA 90277 is a 9 bedroom, 8 bathroom, 4,610 sqft multi-family built in 1965. This property is not currently available for sale. 1104 Opal St was last sold on Aug 17, 2023 for $2,265,000 (2% lower than the asking price of $2,300,000). The current Trulia Estimate for 1104 Opal St is $2,545,700.