NOT LISTED FOR SALE

1402 Esplanade Redondo Beach, CA 90277

5 Beds
6 Baths
12,993 Sq Ft
7,964 Sq Ft Lot

Last Sold September 06, 2024

Last sale price $10,250,000 $789 Per Sq Ft

38 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • No HOA
  • Tulita Elementary School Rated A+
  • Fireplace in Primary Bedroom Retreat
  • Subterranean Parking

About This Home

As of September 2024

Rarely does one of the Crown Jewels on Esplanade come up for sale. 12 unit, Millionaire's fixer upper which has (7) two bedroom two bath units, (2) one bedroom, one bath units, (2) studio units and a great big penthouse unit with elevator. It has a common area for residents to relax and BBQ while enjoying the coastal life. This property is in it's re-positioning phase and once completed, it will be a world class trophy property! Short walk to the beach, swim in the ocean, ride on the bike path or just walk to all the wonderful shops and restaurants in the Riviera Village. This property is being sold in it's present, "as-is" condition with no warranties expressed or implied.

Last Agent to Sell the Property

Chris Fitzpatrick

Pacific Land Corporation Brokerage Phone: 310-200-2780 License #01232826 Listed on: 06/17/2024

Last Buyer's Agent

Gianluca Jacoli

Shield CRE, Inc. License #01938297

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963 | Under Construction

Lot Details

  • 7,964 Sq Ft Lot
  • Ocean Front
  • Two or More Common Walls
  • Fenced
  • Stucco Fence
  • Density is 11-15 Units/Acre

Parking

  • 12 Car Garage
  • Subterranean Parking
  • Parking Available
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Coastline
  • Harbor

Home Design

  • Contemporary Architecture
  • Apartment
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 12,993 Sq Ft Home
  • 3-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • 6 Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Utilities

  • Combination Of Heating Systems
  • Private Water Source
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10,1
  • Assessor Parcel Number 7511002030

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Laundry Facilities

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1963 | Under Construction

Lot Details

0

Parking

12

Listing Details

  • Price Per Unit: 916667
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Under Construction
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7511002030
  • Year Built: 1963
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Stories: 3
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Entry Level: 1
  • Fireplace Features: Primary Retreat
  • Levels: Three Or More
  • Price Per Square Foot: 788.89

Exterior Features

  • View: Coastline, Harbor, Ocean, Water, White Water
  • Fence: Yes
  • Fencing: Stucco Wall
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 12.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage Faces Side, Garage Door Opener, Subterranean
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Combination
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 7964.00
  • Lot Size Acres: 0.1828

Multi Family

  • Lot Size Area: 7964.0000 Square Feet
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Rent Control: No
  • Waterfront Features: Ocean Front

Tax Info

  • Tax Lot: 10,1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $10,250,000 -6.8% $789 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $11,000,000 0.0% $847 / Sq Ft
04/25/2017 04/25/17 Rented $2,900 0.0% --
03/27/2017 03/27/17 For Rent $2,900 +56.8% --
09/17/2015 09/17/15 Rented $1,850 0.0% --
09/03/2015 09/03/15 For Rent $1,850 -47.1% --
02/19/2015 02/19/15 Rented $3,500 +25.0% --
01/20/2015 01/20/15 Under Contract -- -- --
01/01/2015 01/01/15 Rented $2,800 0.0% --
01/01/2015 01/01/15 For Rent $2,800 -20.0% --
12/10/2014 12/10/14 For Rent $3,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24123232

California Regional Multiple Listing Service (CRMLS)