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608 Esplanade
Redondo Beach, CA 90277
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Only steps from the sand in South Redondo Beach on the Esplanade
- 2 blocks from Veteran's park, Redondo Beach Pier
- Super dense beachside rental neighborhood with strong demographics
- Well priced oceanfront multifamily at 19X GRM on actual rents with a 30% upside to 14.8X GRM on market rents
Property Facts
| No. Units | 8 | Lot Size | 0.22 AC |
| Property Type | Multifamily | Building Size | 7,236 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Zoning | RBRMD | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 7,236 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | RBRMD |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $3,600 | - |
| 1+1 | 3 | $2,138 | - |
| 2+2 | 2 | $3,323 | - |
| 1+2 | 1 | $5,000 | - |
| Studios | 1 | $2,000 | - |
Property Taxes
| Parcel Number | 7508-006-017 | Improvements Assessment | $952,164 |
| Land Assessment | $584,992 | Total Assessment | $1,537,156 |
Property Taxes
Parcel Number
7508-006-017
Land Assessment
$584,992
Improvements Assessment
$952,164
Total Assessment
$1,537,156
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