Price reduced $650,000! This ocean front building is now priced over a 3% CAP with over 48% upside in rents! 1802 Esplanade, Redondo Beach is a 10-unit property in one of the most desirable coastal neighborhoods in Southern California. This exceptional property features a highly sought-after unit mix, including four (4) 2-bedroom, 2-bathroom units and six (6) 1-bedroom, 1-bathroom units, making it an ideal choice for tenants seeking the ultimate beachside lifestyle. Located on the prestigious Esplanade, this property is just steps from the sand, offering breathtaking ocean views and refreshing sea breezes. Residents will enjoy the convenience of being within walking distance to the Redondo Beach Pier, Veterans Park, and the Riviera Village, where they can explore top-tier dining, boutique shopping, and vibrant entertainment. Whether you're looking to expand your portfolio or secure a trophy asset in one of LA’s most sought-after beach communities, this is an opportunity you won’t want to miss.
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Listing Snapshot
Price
$6,500,000
Days On Site
114 Days
Bedrooms
N/A
Inside Area (SqFt)
7,155 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1671 Acres
Year Built
1960
MLS® Number
SB25067947
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 months ago
Price changed to $6,500,000
2 months ago
Listing updated with changes from the MLS®
4 months ago
Listing first seen on site
General Features
Acres
0.1671
Garage
Yes
Garage Spaces
9
Number Of Stories
2
Parking Spaces
9
Property Sub Type
Apartment
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
7155
Water Source
Public
Zoning
RBRMD
Interior Features
Laundry Features
Common Area
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Exterior Features
Lot Features
Rectangular Lot
Pool Features
None
View
Ocean
Waterview
Ocean
Community Features
Building Access
1
Community Features
CurbsSidewalks
Financing Terms Available
Cash
MLS Area
128 - Hollywood Riviera
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. The 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, the 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.
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