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1802 Esplanade

redondo beach, CA 90277

$6,500,000

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    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.

    Details

    7,155 Sq Ft

    7,281 Sq Ft Exterior Space

    Apartment

    Built in 1960

    MLS/Listing ID SB25067947

    10 Units

    Amenities & Features

    Ocean View

    Coastline View

    Catalina View

    Community - Sidewalks

    Community - Curbs

    Common Area

    Lot - Rectangular Lot

    Listing Courtesy of LYON STAHL INVESTMENT REAL ESTATE, INC., AUSTIN ZAHN

    CRMLS

    Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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