Redondo Beach, CA 90277 1802 Esplanade

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Presented By: Austin Zahn with Lyon Stahl Investment Real Estate, Inc.; 310-613-1251
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SB25067947
  • 03/28/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 14
  • Baths • 14
  • SQFT • 7,155
  • Garage • 9

Home Details

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.
Presented By: Austin Zahn with Lyon Stahl Investment Real Estate, Inc.; 310-613-1251

Interior Features for 1802 Esplanade

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 1802 Esplanade

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityRedondo Beach
Community FeaturesCurbs, Sidewalks
CountyLos Angeles
DirectionsHead West on Vista Del mar then left on to Esplanade
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces9.0
Garage Y/NYes
Gross Income319193.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet7281.0
Lot Size UnitsSquareFeet
MLS Area128 - Hollywood Riviera
MobileHomeRemainsYNNo
Net Operating Income192778.0
New ConstructionNo
Number Of Units Total10
Operating Expense116839.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot9
Trash Expense0.0
ViewCatalina, Coastline, Ocean
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1960
Year Built SourcePublicRecords
ZoningRBRMD

Exterior for 1802 Esplanade

Building Area Total7155.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres0.1671
Lot Size Area7281.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters11
Number of Separate Gas Meters0
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking9.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $7,150,000
MLS#SB25067947
List Date 03/28/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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