Backup offers
$10,000 Closing Credit¹
#PV25045359, Virginia Butler, Listing Office: Coldwell Banker Realty
#SB25067947·
Listing office: Lyon Stahl Investment Real Estate, Inc.·
Listing agent: Austin Zahn·
Listing office phone: 310-613-1251
$7,150,000 List price
1802 Esplanade Redondo Beach, CA 90277
0.2 acres
Condo
Property details
About 1802 Esplanade
Introducing a rare investment opportunity at 1802 Esplanade, Redondo Beach – 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, Riviera Village, and Veterans Park, where they can explore top-tier dining, boutique shopping, and vibrant entertainment. Currently operating at a 3.14% cap rate the 50% upside in rents allows an investor to achieve a pro-forma cap rate of 5.51%! 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.
Highlights
Home typeCondominium
StatusActive
Lot size0.1671 Acres
Year built1960
MLS #SB25067947
Garage10 spaces
ViewIsland, Other, Ocean
Summary
- MLS Number: SB25067947
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 613-1251
- Listing Agent: Austin Zahn
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$7,150,000
1802 Esplanade
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $603,281 | $9,375 |
| 2023 | $591,472 | $9,251 |
| 2022 | $579,895 | $9,158 |
| 2021 | $568,544 | $9,371 |
| 2020 | $561,765 | $9,228 |
| 2019 | $550,751 | $8,941 |
| 2018 | $539,953 | $8,790 |
| 2017 | $529,367 | $8,790 |
History based on county public records data.
Nearby schools
10
Tulita Elementary School
Public District KG-5
0.9 mi
•1520 S Prospect Ave
8
Riviera Elementary
Public District KG-5
1.1 mi
•365 Paseo De Arena
8
Alta Vista Elementary School
Public District KG-5
1.1 mi
•815 Knob Hill Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,772. Most Redondo Beach, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
18%
<35k
55%
35k-100k
24%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
76%
Single, No Kids
4%
Single, with Kids
15%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
2%
12-17 yrs old
33%
18-34 yrs old
50%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Major League Soccer (MLS)
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Jack In The Box
What do the neighbors drive?
Audi
Volkswagen
Toyota
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1802 Esplanade
This home is located at 1802 Esplanade in Redondo Beach, CA and zip code 90277 in the S. Redondo Beach W. of Pacific Coast Highway neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 28, 2025 and is currently priced at $7,150,000.
Redondo Beach, CA housing market in March 2025 saw over 18 listings sold above listed price, more than 9 sold at listed price and over 19 sold below. The inventory of homes for sale in Redondo Beach, CA between February and March 2025 increased by 6%. Listings spent 31 days on the market in March 2025, and had a median list price of $1,509,666 during the same period.
From Rocket Homes Real Estate and based on county public records data.