1710 Esplanade, Redondo Beach, CA 90277
- $8,950,000
Listed by Rami Elminoufi, 310-543-3536 from Beach City Brokers
(If provided) CoList: from
- List Price
- $8,950,000
- MLS#
- CRSB26148603
- Status
- ACTIVE
- Lot Size
- 6,796
- Listing Area
- 157 - S Redondo Bch W Of Pch
- Year Built
- 1956
Property Description
We are pleased to present 1710 Esplanade, a rare opportunity to acquire a stabilized beachfront income property featuring seller financing at 3.50% interest-only with 50% down-a financing structure well below today's conventional multifamily rates that offers investors meaningful cash flow savings and enhanced leveraged returns. Comprising eight panoramic ocean-view units across two levels, the property benefits from historically strong rental demand, affluent tenant demographics, and immediate proximity to the South Bay's premier lifestyle and employment hubs. The interiors feature exposed-beam ceilings, custom cabinetry, stone countertops, and stainless steel appliances. Capital improvements include advanced sub-floor soundproofing, dual-pane windows, upgraded security access gates, communal courtyard with a commercial-grade BBQ, and dedicated garages. Positioned just steps from the beach and an easy walk to the dining, shopping, and entertainment of the Riviera Village. 1710 Esplanade offers a rare combination of irreplaceable beachfront real estate, stable income, and below-market seller financing that is seldom available in today's investment market. Flanked by Manhattan Beach and Hermosa Beach to the north and the Palos Verdes Peninsula to the south. The South Bay coastal l
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Additional Information
- Amenities
- Window Covering(s)
- Garage Parking
- Assigned Spaces
- Heating System
- Wall Furnace
- Laundry Facilities
- Laundry Area
- Lot Size
- 6,796
- Neighborhood
- 157 - S Redondo Bch W Of Pch
- Pool Description
- None
- Sewer
- Septic Tank / Pump
- Unincorporated Yn
- Yes
- View
- Hills, Neighborhood View, Ocean View, Panoramic, Water, View of City Lights
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