1802 Esplanade, Redondo Beach, CA 90277

About this property

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.

Listing description from the August 2025 sale, as reported to CRMLS.

Sale history

$5,600,000

Sold August 2025 · listed $6,500,000, orig. $7,150,000, on market March 2025 · MLS #SB25067947 · Source: CRMLS

Listing Agent: Austin Zahn · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-613-1251 · Bought with: Austin Zahn · Lyon Stahl Investment Real Estate, Inc.

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