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.
For sale
Listing Provided by:
Shane Young DRE #01963090 562-556-1118,
Younglewin Advisors, Inc.
$16,900,000
2700 Aviation Blvd, Redondo Beach, CA 90278
64beds
43baths
31,147sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$543/sqft
$-- HOA
What's special
Heated poolNewer roofSelect units boasting balconiesSpacious floor plansTownhome layoutsWalk-in closetsTwo owner-operated laundry facilities
- 83 days
- on Zillow |
- 417 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: May 28, 2025 at 02:33pm
Listing Provided by:
Shane Young DRE #01963090 562-556-1118,
Younglewin Advisors, Inc.
Source: CRMLS,MLS#: PW25111723
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 64
- Bathrooms: 43
Heating
- Wall Furnace
Appliances
- Laundry: Common Area
Features
- Flooring: Carpet, Tile, Vinyl
- Has fireplace: Yes
- Fireplace features: Den
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 31,147
- Total interior livable area: 31,147 sqft
Property
Parking
- Total spaces: 41
- Parking features: Assigned, Concrete, Covered, Paved, Private, Storage
- Garage spaces: 41
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Aviation
- Exterior features: Awning(s), Lighting
- Has private pool: Yes
- Pool features: Heated, Private
Lot
- Size: 0.73 Acres
- Features: Corner Lot, Landscaped, Near Park, Near Public Transit, Value In Land, Yard
Details
- Parcel number: 4155004033
- Zoning: RBR-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Flat,Tar/Gravel
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Golf, Gutter(s), Storm Drain(s), Street Lights, Sidewalks, Park
- Security: Resident Manager
Location
- Region: Redondo Beach
Financial & listing details
- Price per square foot: $543/sqft
- Date on market: 5/19/2025
- Listing terms: Cash,Cash to New Loan
- Total actual rent: 92305
- Tenant pays: Electricity, Gas
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