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Nicole Darwin

nicole.darwin@engelvoelkers.com +1(707) 330-4357

$ 8,950,000

Est. payment -/mo

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Coming Soon

1710 Esplanade Redondo Beach, CA 90277

6,795 Sqft Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID SB26148603

HOA Y/N Yes

Year Built 1956

Lot Size 6,795 Sqft

Property Sub-Type Apartment

Property Description

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 across two levels, the property benefits from historically strong rental demand, affluent tenant demographics, and immediate proximity to the South Bay's premier lifestyle and employment hubs. The interiors feature exposed-beam ceilings, custom cabinetry, stone countertops, and stainless steel appliances. Capital improvements include advanced sub-floor soundproofing, dual-pane windows, upgraded security access gates, communal courtyard with a commercial-grade BBQ, and dedicated garages. Positioned just steps from the beach and an easy walk to the dining, shopping, and entertainment of the Riviera Village. 1710 Esplanade offers a rare combination of irreplaceable beachfront real estate, stable income, and below-market seller financing that is seldom available in today's investment market. Flanked by Manhattan Beach and Hermosa Beach to the north and the Palos Verdes Peninsula to the south. The South Bay coastal lifestyle needs little introduction: nearly 300 days of sunshine annually, The Strand connecting three of LA's most coveted beach communities, and a walkability and outdoor culture that tenants actively seek and rarely leave. The Beach Communities multifamily submarket reflects this demand, commanding average asking rents more than 15% above the Greater Los Angeles metro average, sustained by one of the most supply-constrained development pipelines in the region.

Location

State CA

County Los Angeles

Area 157 - S Redondo Bch W Of Pch

Zoning RBRMD

Interior

Heating Wall Furnace

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 8.0

Garage Description 8.0

Fence Average Condition

Pool None

Community Features Biking, Curbs, Street Lights, Sidewalks, Water Sports, Gated

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected

Waterfront Description Beach Access,Beach Front,Ocean Access,Ocean Front

View Y/N Yes

View City Lights, Coastline, Hills, Mountain(s), Neighborhood, Ocean, Panoramic, Pier, Water

Total Parking Spaces 24

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Septic Tank

Water Public

New Construction No

Others

Senior Community No

Tax ID 7511010025

Security Features Gated Community

Energy Description 430.0

Acceptable Financing Cash to New Loan, Owner May Carry, Private Financing Available

Listing Terms Cash to New Loan, Owner May Carry, Private Financing Available

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Rami Elminoufi Beach City Brokers 310-947-1180, DRE #01434630

NEARBY SCHOOLS & PROPERTIES

Nicole Darwin

Advisor

+1(707) 330-4357

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