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$13,995,000
22 Days Online
1100 Esplanade #10Redondo Beach, CA 90277
For Sale|Multi-Family|Pending
County:
Los Angeles
Listed by Michael Millea of Lyon Stahl Investment Real Estate, Inc. 310-233-2800
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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.
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Listing Snapshot
Price
$13,995,000
Days Online
22 Days
Bedrooms
N/A
Inside Area (SqFt)
15,541 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.2579 Acres
Year Built
1958
MLS® Number
SB24124464
Status
Pending
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen online |
General Features
Parking Spaces
16
Sewer
Public Sewer
Number of Stories
3+3
Acreage
0.2579
Water
Public
Property Sub Type
Apartment
Garage Spaces
16
Zoning
RBRMD
Listing Conditions
Standard
Interior Features
Cooling
None
Heating
Wall Furnace
Fireplace Features
None
Laundry Features
Common Area
Fireplace
No
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Exterior Features
View
CoastlineOceanPanoramic
Pool
true
Pool Features
In GroundPrivate
Private Pool
true
Lot
Corner LotFront YardLevelNear Public TransitStreet Level
Community Features
Association Dues
0
Community Features
CurbsHikingSidewalks
Senior Community
No
MLS Area
157 - S Redondo Bch W of PCH
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. The 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, the 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.
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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