1100 Esplanade # 10, Redondo Beach
Redondo Beach Home For Sale
Rare Opportunity to Purchase a 16-Unit Building on the Esplanade with Unobstructed Ocean Views. First time on the market in over 40 years. Developer Could Hold this Property as Income Property Until Ready to Build. Property requires an Astute Investor who Would be Seeking a Property with an Unbeatable Location and 50% Rental Upside. 4% Cap Rate at Market Rents Property of Large Units in a 15,541 Sq. Ft. Building on an 11,233 Sq. Ft. Lot Zoned RBRMD. DO NOT BOTHER TENANTS. ALL OFFERS SUBJECT TO INTERIOR INSPECTION.
Property Details
Additional Information
-
- City:
- Redondo Beach
-
- County:
- Los Angeles
-
- Zip:
- 90277
-
- MLS® #:
- SB24124464
-
- Bedrooms:
- 6
-
- Bathrooms:
- 5
-
- Lot Size:
- 0.26
-
- Levels:
- Three Or More
-
- Garages:
- 16
-
- HOA Dues:
- $
Price Change History for 1100 Esplanade # 10, Redondo Beach, (MLS® #SB24124464)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending (from Active) | – | – | |
| Price Reduced (from $14,995,000) | $13,995,000 | $1,000,000 (6.67%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 23rd, 2024 at 4:10am PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.