404 N  Broadway, Redondo Beach, CA 90277
SOLDMAR 15, 2024

404 N Broadway
Redondo Beach, CA 90277

  • 13 Beds
  • 13 Baths
  • 6,902 sqft
  • 13 Beds
  • 13 Baths
  • 6,902 sqft

$4,400,000

Last Sold: Mar 15, 2024
4% below list $4.57M
$638/sqft
Est. Refi. Payment $28,007/mo*

Homes for Sale Near 404 N Broadway

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from March 15, 2024
We are pleased to present 404 N Broadway, a beautifully upgraded 6-unit apartment in South Redondo Beach, CA. This is an opportunity for an investor to purchase a multifamily property in a prime South Bay location, steps from world-class beaches, parks, restaurants, schools, and boutiques. Located 20 miles from Downtown Los Angeles and 7 miles south of LAX. 404 N Broadway offers residents the best of coastal living with big-city amenities and convenient access to the 405 Freeway. Nearby attractions include Redondo Beach Pier, SEA Lab marine conservation center, South Bay Galleria, Redondo Beach Performing Arts Center, and Hopkins Wilderness Park. The property features townhouse style units comprised of (1) three-bedroom/two-and-a-half-bathroom and (5) two-bedroom/one and a half-bathroom with an average unit size of 1,150 SF. Units offer rooftop decks, balconies, patios or all of the above. The property has had 5 out of the 6 units upgraded with modern two-tone cabinetry and Calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, soaking tubs with custom tiled showers and new plumbing and lighting hardware. This offering is ideal for an investor looking for a safe investment that will produce long-term cash flow with very little maintenance.

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$638/sqft
Listed
178 days ago

Home Details for 404 N Broadway

Interior Features

Beds & Baths
Number of Bedrooms: 13Number of Bathrooms: 13
Dimensions and Layout
Living Area: 6902 Square Feet
Appliances & Utilities
Laundry: In Unit,Laundry Area
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Levels: Multi/Split

Exterior Features

Exterior Home Features
Patio / Porch: Roof Top DeckOther Structures: OtherExterior: Balcony
Parking & Garage
Number of Garage Spaces: 11Number of Covered Spaces: 11No CarportHas a GarageNo Attached GarageParking Spaces: 12Parking: Garage,Garage - 2 Car,Garage - 1 Car,Detached

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family

Price & Status

Price
List Price: $4,570,000Price Per Sqft: $638/sqft
Status Change & Dates
Off Market Date: Tue Jan 30 2024

Active Status

MLS Status: Sold

Location

Direction & Address
City: Redondo Beach

Building

Building Area
Building Area: 6902 Square Feet

Lot Information

Lot Area: 10506.672 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Gas, Electricity

Miscellaneous

Mls Number: 23-327547Listing Url
Last check for updates: about 9 hours ago
Listed by Nabil Awada DRE # 02046840, (310) 469-2974
Matthews Real Estate Investment Services, (866) 889-0550
John Wright DRE # 01985584, (310) 295-4374
Matthews Real Estate Investment Services, (866) 889-0550
Bought with: Tatsuya Nakanishi DRE # 01448357, (310) 787-1045, Person Realty Inc., (310) 787-1045
Source: CLAW, MLS#23-327547

Price History for 404 N Broadway

DatePriceEventSource
03/15/2024$4,400,000Sold
CLAW #23-327547
01/30/2024$4,570,000PendingCLAW #23-327547
12/01/2023$4,570,000PriceChange
CLAW #23-327547
11/01/2023$4,750,000Listed For SaleCLAW #23-327547

Comparable Sales for 404 N Broadway

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.20
Multi-Family Home
$2,755,000
05/10/23
9
9
5,332
0.69
Multi-Family Home
$4,000,000
06/30/23
10
10
5,234
0.74
Multi-Family Home
$2,112,000
10/13/23
9
9
4,442
0.76
Multi-Family Home
$2,075,000
10/31/23
9
9
4,632
0.83
Multi-Family Home
$2,075,000
10/31/23
10
8
4,930
1.03
Multi-Family Home
$2,265,000
08/17/23
9
8
4,610
0.91
Multi-Family Home
$2,125,000
09/15/23
8
8
4,186
0.81
Multi-Family Home
$3,000,000
10/02/23
8
6
4,176

Assigned Schools

These are the assigned schools for 404 N Broadway.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

What Locals Say about Redondo Beach

  • S.T.
    "Most schools are really good. Great teachers. Parents are really good at community parenting - meaning they work together and help one another. "
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  • Meagan Elizabeth Oneill
    "I grew up here and I am raising my child here. This area is amazing and has a home town vibe to it and more importantly our children are safe. "
    2
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  • Katiescholz
    "Holiday Stroll, 4th of July, lots of events in the village and on the pier. Plus, all over Southbay has lots to do. "
    0
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  • Trulia User
    "Friendly people and safe. Streets are well kept and the schools are awesome as well. Love the ocean breee"
    0
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  • Trulia User
    "Close to stores and freeways. Close to the beach walking distance to restaurants. Close to schools "
    0
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  • Trulia User
    "Very walkable the esplanade is gorgeous and great foe people and dog watching. The Riviera village is so cute and great restaurants"
    0
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  • Trulia User
    "Everyone is friendly and everyone picks up after their pet. It’s a very family oriented neighborhood."
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  • Sean A.
    "I’ve lived in Redondo Beach for 5 months and it has been great. The neighborhood has been generally peaceful and family-friendly."
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  • Eheibel
    "Redondo is a great community with wonderful families and business opportunities. The neighbors maintain their properties and the schools are fantastic! It is walkable to the beach and neighboring Hermosa Beach pier."
    8
    Flag
  • Teresa G.
    "Everyone knows each other, very friendly, safe, this is a place you can call home! Welling to help a neighbor out "
    2
    Flag
  • Teresa G.
    "In my neighborhood there’s a lot of dogs owners, there’s a dog park mostly every dog knows each other already."
    1
    Flag
  • Richelle_campbell
    "Wide streets lined with large Magnolia trees and 3 local schools all in area while being walking distance to ocean, beach and shops."
    2
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  • Deatra F.
    "I’m visiting and considering moving to the area. I see families walking and it seems like a quiet area. I hear it is expensive to live here though. "
    0
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  • Jade D.
    "nice beach city.4 has a nice eating resturants and cool shops not to far from the beach. parking is costly and usually full but oncr youre in its great"
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  • Sn95stang5l
    "Parks, friendly neighbors, nice neighborhood, beach is close, and enough trees to have occasional shade."
    2
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  • Dr Bombay_
    "Many tourists visit the area and therefore kids should be monitored as well as anything that may seem suspicious but in general it’s a very family friendly and safe area. I leave my windows open at night and can easily leave my door open if I take my dog out for a short walk. Schools are great and nothing beats being close to the ocean. :) "
    0
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  • Tylergugliotta
    "I drive from Redondo to Hermosa daily so my commute isn’t bad at all. It takes a little bit to get to the freeway. But "
    1
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  • Brea G.
    "There is only one off leash dog park and it is all dirt. There are a lot of dogs but not a dog friendly community. No off leash dog beaches and no off leash trails."
    0
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  • Bill W.
    "Quiet friendly and safe neighborhood. Lots of families. Diverse with no problems. People seem to like to get out and walk. Most will say hi, even to a stranger. Great school district. "
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  • DrBombay
    "The beach life - the privacy- the discreet location - the history - the friendly and noninvasive community - the great schools and the amazing police department- the diligent city council members - the responsiveness to the community needs- the well manicured and clean public parks and recreational area. "
    0
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  • G
    "safe quiet and lots of families. Super close to the beach. all single family homes none of which share a lot or driveway."
    0
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  • Miles I. B.
    "Nice, quiet, and by the beach! Everyone’s very nice and friendly, low crime rates and very few homeless people (unlike much of the LA area)"
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  • Kathy M.
    "South Redondo is so different than North Redondo. Make sure to really get a feel for the difference before buying here. "
    7
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  • Moe C.
    "I have 2 dogs, it is a very dog friendly city. People walk there dogs all the time and they pick up after them."
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  • Robin.martino
    "Super easy and short. I drive from Redondo beach to rolling hills estates at off peak hours and it takes me under 20 mins "
    1
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  • Dianemeasor
    "15 minutes from freeway 405. Great area for families. Close to Palos Verdes, Hermosa Beach, and Torrance. "
    0
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  • Mukhaye N.
    "There are many families in this neighborhood. It is safe and kid-friendly. Great place for outdoor activities, especially in the summertime!"
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  • Stephan M.
    "The neighborhood is quite walkable and safe. I see folks walking their dogs around the clock and all year round. "
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  • Unspecified
    "this is a dog heavy neighborhood. Dogs everywhere. You will love it everyone walks their dog on the Esplanade."
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  • Al
    "Pretty good; traffic can be heavy at times, but for the most part, traffic flows pretty well. You learn the times traffic gets heavy and avoid those times."
    1
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  • Csc1065
    "It’s quiet and everyone knows their neighbor. People rarely move once they move in. We have yearly block parties in the summer. "
    1
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  • Wiyamana
    "It is a nice place for dogs on leashes but not for running around. I see many dog owners and their are a few parks near by as well as parks and beaches for dogs in a few near by cities. "
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  • Peter
    "I work near UCLA so my commute is around 60+ min each way during rush hour... thank goodness I changed my schedule so I now don’t have to travel during rush hour..."
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  • Jessica
    "The area doesn’t have any traffic congestion but going downtown LA or to Hollywood is at least 3 to 4 times the miles - usually about about an hour to 1 to 1 1/2 hours during regular drive time during the day. About 35 minutes minimum when traffic is clear. "
    2
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  • Viv H.
    "Block party being planned. General friendliness. Neighbors keep their homes in good condition. There isn’t too much noise. "
    0
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  • Jennifer
    "Very very Safe, lots of families. Schools are highly rated. There’s always a park or parkette in walking distance. Super close to the beach. You know the kind of close where you could go for just a few hours every day and it wouldn’t be a burden (mom of three kiddos here) "
    0
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  • Cherisedooley
    "We have a 4th of July block party for all the kids and shut down the street for the kids to be able to play safely. There’s a jumper and food and drinks and all kinds of stuff for the kids to do and have fun! "
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  • Debbie
    "Parties,speakers,charity events. Church programs. Local pta programs book club, sewing circle, organic grocery store"
    0
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  • Denicealas
    "We participate in different events depend of the season. Concerts, christmas decorations, halloween, egg hunt and more "
    0
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  • LoBueFam
    "We see our neighbors on a regular basis when we’re all walking our respective dogs. Everyone says hi and will even stop to chat. It’s really nice, especially overlooking the beach :) "
    0
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LGBTQ Local Legal Protections

© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 404 N Broadway

Off Market Homes Near 404 N Broadway

404 N Broadway, Redondo Beach, CA 90277 is a 13 bedroom, 13 bathroom, 6,902 sqft multi-family built in 1973. This property is not currently available for sale. 404 N Broadway was last sold on Mar 15, 2024 for $4,400,000 (4% lower than the asking price of $4,570,000). The current Trulia Estimate for 404 N Broadway is $4,442,400.