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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

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    $3,381/mo

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    $63,777/mo

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    $63,777/mo

    Est. payment

    What's special

    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.

    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#: SB24123232MLS LogoOriginating 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