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2700 Aviation Boulevard

Redondo Beach, CA 90278

– beds
– baths
– sqft
~3/4 acre lot
1964 build
– on site

We are proud to present Westview Apartments, a rare 41-unit multifamily property in prime Redondo Beach, available for the first time in over 50 years. Located in a low-density submarket bordering Manhattan Beach, this offering is one of only two 40+ unit apartment buildings to hit the market in the last 15 years. Priced at an attractive 4.17% Cap Rate with 54% upside in net operating income (NOI), Westview Apartments presents an exceptionally rare value-add opportunity. Market Cap Rate of 6.47% and Market GRM of 11.08! 2700 Aviation Blvd consists of two separate well-maintained buildings, and a unit mix of 19 two-bedroom units, 20 one-bedroom units, and 2 three-bedroom units. This property drives strong rental demand due to its proximity to acclaimed Beach City school districts and top tier amenities, while offering renters a cost-effective alternative to the high homeownership costs in Redondo Beach and Manhattan Beach. The property features a newer roof, upgraded plumbing, an oversized 0.73-acre lot with 41 assigned parking spaces, a heated pool, two owner-operated laundry facilities, and spacious floor plans with select units boasting balconies, fireplaces, townhome layouts, and walk-in closets. Westview Apartments offer significant revenue potential through the addition of up to 10 accessory dwelling units (ADUs), monetization of storage and parking, and implementation of a RUBS utility bill-back system. Its prime location, near major employers and retail along Rosecrans and Artesia Boulevards, and a short drive from PCH, I-405, and I-91 freeways, ensures tenant convenience without noise pollution. Don’t miss this once in a lifetime opportunity to acquire a premier asset in the supply-constrained South Bay Beach Cities market. Contact Listing Agent for more details.

Listed By CRMLS_CA / Shane Young / Younglewin Advisors, Inc. / 562-556-1118

Last checked: Checking… • Last updated May 20, 2025 •

MLS# PW25111723 —

The Building

Year Built:

1964
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

31147.00
Building Area Units:

Square Feet
Total Number Of Units:

41
# of Buildings:

2
Roof:

Flat, Tar/Gravel
Exterior Features:

Awning(s), Lighting
Stories Total:

3
Entry Level:

1
Common Walls:

2+ Common Walls
Faces:

West
# of Separate Gas Meters:

42
# of Separate Water Meters:

1
# of Separate Electric Meters:

42

Interior

Levels:

Three Or More
Entry Location:

Aviation
Flooring:

Carpet, Tile, Vinyl
Fireplace:

Yes
Fireplace:

Den
Laundry:

Common Area
Laundry:

1

Location

Directions:

East of Sepulveda, South of Manhattan Beach Blvd
Latitude:

33.87970900
Longitude:

-118.37959700

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

RBR-3
Lot Features:

Corner Lot, Landscaped, Near Public Transit, Park Nearby, Value In Land, Yard
Lot Size Area:

31654.0000
Lot Size Acres:

0.7267
Lot Size SqFt:

31654.00
Lot Size Source:

Assessor
Security Features:

Resident Manager
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

60
Tax Census Tract:

6205.22
Tax Tract:

B
Tax Lot:

20

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4155004033

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Biking, Curbs, Dog Park, Golf, Gutters, Park, Sidewalks, Storm Drains, Street Lights
Association:

No
Pool:

Private, Heated
Senior Community:

No
Private Pool:

Yes

Parking

Parking:

Yes
Parking:

Assigned, Built-In Storage, Covered, Concrete, Paved, Private
Parking Spaces:

41.00
Garage Spaces:

41.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/19/25 May 19, 2025	Listed / Active	CRMLS_CA	$16,900,000

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This multifamily located in North Redondo Beach, Redondo Beach, CA 90278 is currently for sale for $16,900,000. 2700 Aviation Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 2700 Aviation Boulevard is in the North Redondo Beach neighborhood of Redondo Beach and has a WalkScore® of 73, making it very walkable. This multifamily is in the attendance area of Adams Middle School, Lincoln Elementary School, and Redondo Union High School.

Listing Courtesy of: CRMLS_CA and Younglewin Advisors, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 23:32 on May 19.

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.