1000 Esplanade, Redondo Beach, CA 90277
Property · 2 recorded sales since 2012
Sold August 2012
Listing Agent: Jay Horrell (DRE #00854307) · Listing Office: Horrell Realtors · Contact: 310-373-7777 · Bought with: Ben Agarwal · B & V Associates · MLS #S12079769 · Source: CRMLS
About this property
Unobstructable Panoramic Ocean, Coastline and Whitewater Views. Prominently located at the southeast corner of Avenue B and the Esplanade in South Redondo Beach, offering a rare opportunity for an investor or developer to own, hold, or develop a coveted ocean front property. Constructed in 1932 the 5,059 square foot two story building features classic Spanish Style architecture, art deco detailing, arched open beam ceilings, faux fireplace, red tile roofing, detached 7 car garage, and a large grass yard with ocean views for the residents to enjoy. The oversized 11,256 sq. ft. parcel is zoned RMD. Code indicates the parcel would allow six residential units to be built (one unit per 1,870 sq. ft. of lot size), buyer to verify. Being a corner lot with alley access, offers a developer flexibility in design and unit orientation to maximize the view potential. Additionally the property will provide a cash flow during the entitlement process.
Listing description from the August 2012 sale, as reported to CRMLS.
Sale history
