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902 Esplanade
Redondo Beach, CA 90277
902 Esplanade · Multifamily Property For Sale · 7 Units

INVESTMENT HIGHLIGHTS

  • Huge ocean front views
  • Views views views
  • Incredible, calm Esplanade location

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 5,498 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1959/2014
Parking Ratio 2.18/1,000 SF
Zoning RBRMD

AMENITIES

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Microwave
  • Storage Space
  • Ceiling Fans
  • Tile Floors
  • Hardwood Floors
  • Vaulted Ceiling
  • Patio

SITE AMENITIES

  • Laundry Facilities
  • Waterfront

ABOUT 902 ESPLANADE , REDONDO BEACH, CA 90277

Rare opportunity to acquire a building in this location. Incredible ocean views. Incredible specific location on the Esplanade. All 7 units have undergone renovation in the last 5 years. Some with stainless appliances, all new kitchens - quartz and granite - dishwashers, microwaves, bathroom renovations, plank, travertine, and wood flooring. The property has been very well maintained overall with new windows, heaters, roof, gates, etc. It will exceed your expectations. 8 garage parking spaces, 4 tandem spaces + 4 parkway tandem spaces. 4 units have sweeping, ocean front views, 3 units have partial, while impressive, ocean views. Rents have not been raised.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 $2,825 670
2+1 3 $2,475 840 - 868

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7509-004-014
Land Assessment
$4,329,728
Improvements Assessment
$1,407,161
Total Assessment
$5,736,889
  • Listing ID: 17885603

  • Date on Market: 12/6/2019

  • Last Updated:

  • Address: 902 Esplanade, Redondo Beach, CA 90277

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