1802 Esplanade Active

Redondo Beach,CA 90277

$ 7150000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25067947

HOA Y/N No

Year Built 1960

Lot Size 7,278 Sqft

Property Sub-Type Apartment

Property Description

Introducing a rare investment opportunity at 1802 Esplanade, Redondo Beach – 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, Riviera Village, and Veterans Park, where they can explore top-tier dining, boutique shopping, and vibrant entertainment. With 48% upside in rents an investor can step in to increase cash flow and build equity! 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.

Location

State CA

County Los Angeles

Area 128 - Hollywood Riviera

Zoning RBRMD

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 9.0

Garage Description 9.0

Pool None

Community Features Curbs,Sidewalks

View Y/N Yes

View Catalina,Coastline,Ocean

Total Parking Spaces 9

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 7511016008

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard

Lease Land No

View More
Favorite Go Tour