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508 Esplanade
Redondo Beach, CA 90277
Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Building Size | 4,780 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 2.51/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | RBRMD | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,780 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 2.51/1,000 SF |
| Zoning | RBRMD |
About 508 ESPLANADE , REDONDO BEACH, CA 90277
Advisors Commercial Real Estate is proud to present this 4,780-square foot, six-unit apartment located at 508 Esplanade in Redondo Beach, California. Situated on a lot totaling 6,410-square feet, the offering consists of six units: one two-bedroom/one-and-three-quarter-bathroom owner’s unit, one three-bedroom/two-bathroom unit and four one-bedroom/one-bathroom units. The spacious owner’s units contains a fireplace and private deck. The property is situated half a block from the Pacific Ocean which allows an investor to obtain yield growth through property enhancements. Additionally, all units are separately metered for gas and electricity and have garage parking plus one tandem space for every unit.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,995 | - |
| 2+2 | 1 | $3,175 | - |
| 3+2 | 1 | $3,488 | - |
Property Taxes
| Parcel Number | 7508-005-018 | Improvements Assessment | $1,301,437 |
| Land Assessment | $2,734,114 | Total Assessment | $4,035,551 |
Property Taxes
Parcel Number
7508-005-018
Land Assessment
$2,734,114
Improvements Assessment
$1,301,437
Total Assessment
$4,035,551
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