1100 Esplanade, Redondo Beach, CA 90227

1100 Esplanade, Redondo Beach, CA 90227

Redondo Beach, CA
$13,317,750

Property Description

Long-Term Owner – First Time on Market in Over 40 Years!
Rare Opportunity to Purchase a 16-Unit Building on the Esplanade with Unobstructed Ocean Views.
Developer Could Hold this Property as Income Property Until Ready to Build
1100 Esplanade is an Investment for the Discerning Buyer. An Astute Investor who Would be Seeking a Property with an Unbeatable Location and 50% Rental Upside
Large Units in a 15,541 Sq. Ft. Building on an 11,233 Sq. Ft. Lot Zoned RBRMD
(3) 3-Bed+2-Bath, (7) 2-Bed+2-Bath and (6) 1-Bed+1-Bath Units
Rare Opportunity to Purchase a 16-Unit Building on the Esplanade with Unobstructed Ocean Views
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 a Tremendous Amount of Rental Upside

Property Features

  • Sale Price: $13,317,750
  • Area Size: 15,541 SF
  • Year Built: 1958
  • Closing Date: 9/26/2024
  • Units: 16

Lyon Stahl Investment Real Estate

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