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    Property Description

    We are pleased to offer for sale 154-156 Paseo De La Concha (2 parcels: 7511-019-012 & 7511-019-013), a well-maintained 13-unit* apartment community in South Redondo Beach (Torrance municipal jurisdiction), located just steps from the sand – approximately one residential block from the ocean. Positioned in one of the South Bay’s most sought-after coastal neighborhoods, the property offers a true beach lifestyle with immediate access to The Strand / Marvin Braude Bike Trail, a nationally recognized oceanfront route running along the Los Angeles coastline. Nearby amenities include the Redondo Beach Pier and King Harbor, which anchor the area’s dining, marina culture, and outdoor recreation. Select residences benefit from ocean-view orientation, with private decks and backyard/yard areas that enhance livability and support long-term tenant retention – rare features for an apartment community this close to the beach. Situated on a 17,518 SF lot spanning two parcels, the property totals 11,362 gross SF across two two-story buildings and features a highly desirable unit profile comprised of (12) 2BR/1BA units and (1) studio. Additional amenities include on-site laundry and ample parking – 26 spaces (13 garages + 13 open-space tandem). The large two-parcel land position and low-density footprint present a practical opportunity to add multiple ADUs and provide long-term development optionality – Buyer to verify. Redondo Beach benefits from a deep, stable tenant base supported by nearby South Bay employment hubs, with convenient proximity to LAX and major corporate and aerospace employers throughout Redondo Beach, Manhattan Beach, and El Segundo. The asset provides approximately 31% rental upside, positioning an investor to grow cash flow over time through continued professional management and selective interior enhancements. *The Property is currently operating as 13 units. Buyer acknowledges unit count reflected in public records and/or permits may differ. Buyer to independently verify legal unit count, permits, and approvals. Seller and Broker make no representations as to legal unit count or legality of any unit/configuration.

    Features
    Parking:
    26.00
    New Construction YN:
    0
    Parking:
    Garage, Uncovered
    Senior Community:
    0
    List Agent Agent ID:
    CLW-C107850
    Stories:
    2
    Association:
    0
    Address Map
    Street:
    Paseo De La Concha
    Street Number:
    156
    Floor Number:
    0
    Longitude:
    W119° 36' 39.1''
    Latitude:
    N33° 48' 44''
    MLS Addon
    Listing Courtesy of:
    Marcus & Millichap
    TaxAnnualAmount:
    $0
    Zoning:
    TORR-MD
    Lot Size Square Feet:
    17,518 Sqft
    List Agent Last Name:
    Rosenzweig
    List Agent License Number:
    01406343
    Special Listing Conditions:
    Standard
    List Office ID:
    CLW-X7515101
    List Agent First Name:
    Sean
    Directions:
    West of Palos Verdes Boulevard & north of Via Riviera
    MLSAreaMajor:
    128 - Hollywood Riviera
    Levels:
    Two
    Parcel Number:
    7511019013
    List Agent License Number:
    00530854
    TaxAnnualAmount:
    $0
    TaxYear:
    0

    Residential Income For Sale

    156 Paseo De La Concha, Redondo Beach, California 90277

    0.40 Sqft
    $7,600,000
    Listing ID #26648593
    Basic Details
    Property Type :
    Residential Income
    Listing Type :
    Sold
    Listing ID :
    26648593
    List Price :
    $7,600,000
    Year Built :
    1955
    Lot Area :
    0.40 Sqft
    Country:
    US
    State:
    CA
    County:
    Los Angeles
    City:
    Redondo Beach
    Zipcode:
    90277
    Close Price :
    $7,400,000
    Status :
    Closed
    Price Per Square Foot :
    $669
    Days on Market :
    76
    Agent info
    Contact Agent
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