1802 Esplanade, Redondo Beach, CA 90277 - Berkshire Hathaway HomeServices California Properties

1802 Esplanade, Redondo Beach, CA 90277

$6,500,000 Approx. USD 0 beds, 0 baths

Listing Agent


Austin Zahn | austin@lyonstahl.com
Lic#: 01936451
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SB25067947
List price is $6,500,000 Reduced by $650,000 on 5/20/2025
Price: $6,500,000
Beds: 0
Baths: 0
Built in 1960
0.17 acres
Lot size: 0.1671
County: Los Angeles
Zoning: RBRMD
Lot description: Rectangular Lot
MLS area: 128 - Hollywood Riviera

Last Updated: 5/20/2025

 Days On Market (DOM): 78

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This listing belongs to the 128 - Hollywood Riviera MLS area

Lat/Long: 33.815743, -118.389772.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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