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$13,995,000
35 Days Online

1100 Esplanade #10
Redondo 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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310-902-7214
1100 Esplanade1100 Esplanade1100 Esplanade1100 Esplanade
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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 
35 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
4 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Pending
4 weeks agoPrice changed to $13,995,000
a month agoListing 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
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