Seller's Agent in 2025
Austin Zahn
Lyon Stahl Investment Real Estate, Inc.
(310) 613-1251
5 in this area
61 Total Sales
1802 Esplanade Redondo Beach, CA 90277
14
Beds
14
Baths
7,155
Sq Ft
7,281
Sq Ft Lot
Highlights
- White Water Ocean Views
- Laundry Room
- 1-minute walk to Miramar Park
- Tulita Elementary School Rated A+
- Rectangular Lot
About This Home
As of August 2025Price reduced $650,000! This ocean front building is now priced over a 3% CAP with over 48% upside in rents! 1802 Esplanade, Redondo Beach is a 10-unit property in one of the most desirable coastal neighborhoods in Southern California. This exceptional property features a highly sought-after unit mix, including four (4) 2-bedroom, 2-bathroom units and six (6) 1-bedroom, 1-bathroom units, making it an ideal choice for tenants seeking the ultimate beachside lifestyle. Located on the prestigious Esplanade, this property is just steps from the sand, offering breathtaking ocean views and refreshing sea breezes. Residents will enjoy the convenience of being within walking distance to the Redondo Beach Pier, Veterans Park, and the Riviera Village, where they can explore top-tier dining, boutique shopping, and vibrant entertainment. Whether you're looking to expand your portfolio or secure a trophy asset in one of LA’s most sought-after beach communities, this is an opportunity you won’t want to miss.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-613-1251 License #01936451 Listed on: 03/28/2025
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-613-1251 License #01936451 Listed on: 03/28/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 7,281 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 9 Car Garage
Property Views
- White Water Ocean
- Coastline
- Catalina
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 7,155 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 14 Bedrooms
- 14 Bathrooms
Listing and Financial Details
- Legal Lot and Block 9 / H
- Tax Tract Number 10303
- Assessor Parcel Number 7511016008
- $2,763 per year additional tax assessments
Community Details
Building Details
- 11 Separate Electric Meters
- 1 Separate Water Meter
- Operating Expense $113,051
- Gross Income $319,193
- Net Operating Income $196,566
Additional Features
- 10 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Sold | $5,600,000 | -13.8% | $783 / Sq Ft |
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 05/20/2025 05/20/25 | Price Changed | $6,500,000 | -9.1% | $908 / Sq Ft |
| 03/28/2025 03/28/25 | For Sale | $7,150,000 | -- | $999 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,375 | $614,366 | $185,324 | $429,042 |
| 2024 | $9,375 | $602,321 | $181,691 | $420,630 |
| 2023 | $9,251 | $590,512 | $178,129 | $412,383 |
| 2022 | $9,158 | $578,935 | $174,637 | $404,298 |
| 2021 | $9,372 | $567,584 | $171,213 | $396,371 |
| 2020 | $9,375 | $562,725 | $169,458 | $393,267 |
| 2019 | $9,229 | $551,711 | $166,136 | $385,575 |
| 2018 | $8,941 | $540,913 | $162,879 | $378,034 |
| 2016 | $8,588 | $518,988 | $156,555 | $362,433 |
| 2015 | $8,466 | $511,193 | $154,204 | $356,989 |
| 2014 | $8,443 | $501,181 | $151,184 | $349,997 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Zahn
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25067947
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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