Redondo Beach Property Management

Recovery Mode. Smart Money Is Moving.

Redondo Beach is in the early stages of a recovery cycle. For investors who know where to look, this is one of the South Bay's best opportunities right now.

Schofield Properties personally manages rental homes and apartment buildings in Redondo Beach, California. We handle tenant placement, rent collection, maintenance coordination, and owner financial reporting, with the same person overseeing your property from start to finish. We have managed the South Bay since 1972.

Redondo Beach rental market signals

• Market cycle: Recovery (early upcycle with room to run)
• Median rent: $3,076/mo
• Occupancy: 0% across Schofield-managed units vs 92.8% market
• Days to lease: 0 days vs 35 market average
• Tenant retention: 0% vs 58.7% market

Below Manhattan Beach on price, above Torrance on lifestyle

Redondo Beach holds a defensible niche in the South Bay hierarchy, with harbor-and-pier character neither neighbor can replicate. Owner-occupant dominance (53% own, 47% rent across roughly 70,000 residents) keeps rental inventory structurally tight, and well-located product leases quickly. The market is bifurcated between a premium coastal South Redondo and a value-oriented North Redondo with strong schools relative to price, giving operators two distinct entry strategies.

Neighborhoods we manage in Redondo Beach

• South Redondo / Riviera Village (90277) — Ocean-block rentals walkable to Riviera Village and the pier, commanding a roughly 30% price-per-square-foot premium over North Redondo. Average rent about $3,700/mo (+3.0%).
• North Redondo (90278) — The value and family submarket with larger lots, more duplex and triplex stock, and strong RBUSD school access. Average rent about $3,000/mo (+2.5%).
• King Harbor / Waterfront — Marina and pier-adjacent condos with water views, anchored by a boating and Strand lifestyle premium. Average rent about $3,400/mo (+3.5%).
• Hollywood Riviera — Hillside-above-the-coast streets with a quieter, more exclusive ocean-view character sharing Redondo schools. Average rent about $3,900/mo (+2.8%).

What we are seeing on the ground

• One Redondo / AES site: 2,300-unit coastal proposal — The former AES plant site is the most consequential land-use decision in decades. The proposal calls for 2,300-plus homes with 20% affordable units, a hotel, and offices, or a city-led wetland restoration. Either version transforms the coastal supply and amenity picture.
• Mixed-use infill approvals gaining momentum — The City approved Nivasa (49 units on PCH) in February 2026 and a 43-unit project on North PCH, representing modest but consistent densification of commercial corridors.
• Coastal scarcity keeps vacancy low — Roughly 11% year-over-year appreciation and 100% sale-to-list ratios mirror the rental side: the same coastal scarcity that lifts prices keeps vacancy structurally low.

Property types we manage

• Single Family Residences: 8 units under management, averaging $3,400/mo at 96.2% occupancy. North Redondo near Riviera Village performs best.
• Small Multi-Family (2-8 units): 28 units under management, averaging $2,200/mo at 95.8% occupancy. Value play vs. neighboring Manhattan Beach.
• Large Multi-Family (9-18 units): 55 units under management, averaging $1,900/mo at 95% occupancy. Repositioning opportunities near harbor.

Nearby markets we also manage: Manhattan Beach property management, Hermosa Beach property management, Torrance property management.

Book a call to talk about managing your Redondo Beach property, or run the free rental model to see what your unit should earn.

Frequently asked questions

Does Schofield Properties manage rental property in Redondo Beach?

Yes. Schofield Properties manages single family homes, multi family buildings, and apartments in Redondo Beach, California (90277, 90278), from our office in nearby El Segundo. We have managed the South Bay since 1972.

How much does property management cost in Redondo Beach?

Full Service management in Redondo Beach runs 8 to 10 percent of collected rent, with no setup fees and no markup on maintenance.

What does property management in Redondo Beach include?

Tenant placement, rent collection, maintenance coordination, lease renewals, and monthly owner reporting, all overseen personally by your dedicated Redondo Beach property manager.