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Sold for $5,600,000 on 08/13/25
  • Listing Provided by: 

    Austin Zahn DRE #01936451 310-613-1251,

    Lyon Stahl Investment Real Estate, Inc.

    $5,600,000

    1802 Esplanade, Redondo Beach, CA 90277

    14beds
    14baths
    7,155sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $5,598,200 Zestimate®
    $783/sqft
    $-- Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: August 14, 2025 at 09:22am

    Listing Provided by:

    Austin Zahn DRE #01936451 310-613-1251,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Austin Zahn, DRE #01936451

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB25067947MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 14
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,155
    • Total interior livable area: 7,155 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Garage
    • Garage spaces: 9
    Features
    • Entry location: 1
    • Pool features: None
    • Has view: Yes
    • View description: Catalina, Coastline, Ocean
    • Has water view: Yes
    • Water view: Coastline,Ocean
    Lot
    • Size: 7,281 sqft
    • Features: Rectangular Lot
    Details
    • Parcel number: 7511016008
    • Zoning: RBRMD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Sidewalks
    Location
    • Region: Redondo Beach

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability
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    Estimated market value

    $5,598,200