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1710 Esplanade

Redondo Beach, CA 90277
Active
Multifamily
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$8,950,000
We are pleased to present 1710 Esplanade, a rare opportunity to acquire a stabilized beachfront income property featuring seller financing at 3.50% interest-only with 50% down—a financing structure well below today's conventional multifamily rates that offers investors meaningful cash flow savings and enhanced leveraged returns. Comprising eight panoramic ocean-view units… Read MoreRead Less
Property listed by Beach City Brokers, Rami Elminoufi 310-947-1180
Listing Snapshot
Days Online
12
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1956
MLS Number
SB26148603
Property Location Map
Additional Details
Property Access
Road Surface: Paved
Building
Built in 1956, 1 building, 2 stories, Entry level: 1, Entry location: Ground Level, Construction Materials: Stucco
Community
Biking, Curbs, StreetLights, Sidewalks, WaterSports, Gated
Expenses
Electric: $836, Fuel: $430, Insurance: $13,919, Operating: $51,093, Trash: $2,442, Water/Sewer: $3,033
Fence
AverageCondition
Fireplaces
None
Garage
8 spaces
Heating
WallFurnace
Income
Gross Income: $349,320, Gross ScheduledIncome: $349,320, Net Operating Income: $299,065
Laundry
CommonArea
Lot
0.156 acres, ZeroToOneUnitAcre
Parking
16 open parking spaces, 24 total parking spaces, Assigned
Pool
None
Property
CityLights, Coastline, Hills, Mountains, Neighborhood, Ocean, Panoramic, Pier, Water
Security Features
GatedCommunity
Sewer
SepticTank
Taxes
Additional parcels description:, Parcel Number: 7511010025, Tax Block: B, Lot: 27, Zoning: RBRMD
Utilities
CableAvailable, CableConnected, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, 8 separate electric meters, 8 separate gas meters, 8 separate water meters
Water Features
BeachAccess, BeachFront, OceanAccess, OceanFront
Windows
Blinds
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Christian Perez
REALTOR®
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Schools In The Area

Check out nearby schools with ratings and contact info.
Tulita Elementary School 310-798-8628 Public KG-5
Parras Middle School 310-798-8616 Public 6-8
Redondo Union High School 310-798-8665 Public 9-12
Tulita Elementary School 310-798-8628 Public KG-5
Tulita Elementary School 310-798-8628 Public KG-5
Parras Middle School 310-798-8616 Public 6-8
Redondo Union High School 310-798-8665 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of 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.