2402 Aviation Blvd UNIT C, Redondo Beach, CA, 90278 | 6.52% Rental Yield

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Price: $300K - 500K

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2402 Aviation Blvd UNIT C, Redondo Beach, CA, 90278 | 6.52% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Total monthly income runs $4,754/mo, and a $4,283/mo payment. Purchase price stands at $875,000, and rental yield measures 6.52% with $4,754/mo rent. Return on cash invested shows 17.31% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 88.88% and total cumulative return in cash records $255,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,754/mo property income covering a $4,283/mo payment rather than investor’s personal income.

Townhouse

Built in 1978

0.52 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover an incredible opportunity to own in highly sought-after Redondo Beach without the premium price tag. This well-maintained townhome offers 3 generously sized bedrooms and 3 bathrooms, providing ample space and comfort. Ready for new owners to personalize and transform, this home is a blank canvas for your vision. Step into the bright living room where sliding glass doors invite the cool beach breeze and open directly to a private patio. Upstairs, you'll find an exceptionally large bedroom, complete with a cozy fireplace and its own private balcony an ideal retreat for relaxation. At the opposite end of the hallway is an en-suite bedroom that could be an additional primary bedroom. Additional perks of this home include a 2-car attached garage, lots of built-in storage, a newer heating unit and low HOA fees. Located within the boundaries of the award-winning Redondo Beach Unified School District and just minutes to South Bay beaches, don't miss this rare chance to own a piece of Redondo Beach at an accessible price point.

Neighborhood Data

Neighborhood data shown for ZIP Code: 90278, Redondo Beach, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,981 (100%)
Owner Occupied HU	9,444 (55.6%)
Renter Occupied HU	6,957 (41.0%)
Vacant Housing Units	580 ( 3.4%)
Median Home Value	$1,224,834
Average Home Value	$1,265,967