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1100 Esplanade
Redondo Beach, CA 90277
1100 Esplanade · Multifamily Property For Sale
·
16 Units
Investment Highlights
- 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
- 4% Cap Rate at Market Rents.
- Property requires an Astute Investor who Would be Seeking a Property with an Unbeatable Location and a Tremendous Amount of Rental Upsideroperty re
- Large Units in a 15,541 Sq. Ft. Building on an 11,233 Sq. Ft. Lot Zoned RBRMD
Property Facts
| No. Units | 16 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 15,541 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1958 |
| Zoning | RBRMD - Redondo Beach RMD Zoning | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 15,541 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1958 |
| Zoning | RBRMD - Redondo Beach RMD Zoning |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 3 | - | - |
| 2+2 | 7 | - | - |
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Number | 7509-006-021 | Improvements Assessment | $5,317,750 |
| Land Assessment | $8,000,000 | Total Assessment | $13,317,750 |
Property Taxes
Parcel Number
7509-006-021
Land Assessment
$8,000,000
Improvements Assessment
$5,317,750
Total Assessment
$13,317,750
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