Rarely does one of the Crown Jewels on Esplanade come up for sale. 12 unit, Millionaire's fixer upper which has (7) two bedroom two bath units, (2) one bedroom, one bath units, (2) studio units and a great big penthouse unit with elevator. It has a common area for residents to relax and BBQ while enjoying the coastal life. This property is in it's re-positioning phase and once completed, it will be a world class trophy property! Short walk to the beach, swim in the ocean, ride on the bike path or just walk to all the wonderful shops and restaurants in the Riviera Village. This property is being sold in it's present, "as-is" condition with no warranties expressed or implied.
Sold for $10,250,000 on 09/06/24
Listing Provided by:
Chris Fitzpatrick DRE #01232826 310-200-2780,
Pacific Land Corporation
Bought with: Shield CRE, Inc.
$10,250,000
1402 Esplanade, Redondo Beach, CA 90277
18beds
20baths
12,993sqft
Multi Family
Built in 1963
-- sqft lot
$10,030,400 Zestimate®
$789/sqft
$3,381 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 12, 2025 at 05:55pm
Listing Provided by:
Chris Fitzpatrick DRE #01232826 310-200-2780,
Pacific Land Corporation
Bought with:
Gianluca Jacoli, DRE #01938297
Shield CRE, Inc.
Source: CRMLS,MLS#: SB24123232
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 20
Heating
- Combination
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Flooring: Carpet
- Has fireplace: Yes
- Fireplace features: Primary Bedroom
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 12,993
- Total interior livable area: 12,993 sqft
Property
Parking
- Total spaces: 12
- Parking features: Underground, Garage Faces Front, Garage, Garage Door Opener, Garage Faces Side
- Garage spaces: 12
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Stucco Wall
- Has view: Yes
- View description: Coastline, Harbor, Ocean, Water
- Has water view: Yes
- Water view: Coastline,Harbor,Ocean,Water
- Waterfront features: Ocean Front
Lot
- Size: 7,964 sqft
- Features: 11-15 Units/Acre
Details
- Parcel number: 7511002030
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Composition
Condition
- Under Construction
- New construction: No
- Year built: 1963
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Private
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected
Community & neighborhood
Community
- Community features: Curbs, Sidewalks
Location
- Region: Redondo Beach
Other
Other facts
- Listing terms: Cash to Existing Loan
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Estimated market value
$10,030,400