This ocean front property in South Redondo Beach is truly one of a kind! This property along with a vacant lot have been family owned for many years and have unobstructed views from Palos Verdes to Malibu. This Property has a beautifully maintained 8 unit apartment building and next door the other Property is a vacant lot. Both are located on a prime block of the Esplanade which is a dream location for walking along the beach front and walking around the corner to the local shops and restaurants in the wildly popular Riviera Village.The two Properties combine for a total of 14,820 sq ft and can be sold separately or together. These properties are ideal for investors or developers. The vacant lot contains 6,950 sq ft and is priced at $3,900,000 and the Apartment Building is on 7,870 sq ft and has two separate buildings containing 8 units. 4 of the units have full ocean views and 4 units have partial ocean views. The owner has been active in the management of the buildings which is reflected in the condition and upkeep and quality of tenants. The roof and galvanized pipes were replaced in the past 15 years and the building has newer stucco that was repainted in 2013 along with gutters, awnings, and the replacement of ranges with stainless steel units and Corian counters. With each new tenant the carpet is replaced and painted. There are newer wall heaters as well. This is a once in a lifetime opportunity to purchase these prime beachfront properties.
- Heating System
- View:
- Pier, Courtyard, Vincent Thomas Bridge
- Roof Deck:
- Tile
- Parking
- New Construction YN:
- 0
- Utilities:
- Phone Available, Cable Available, Underground Utilities, Water Connected
- Laundry:
- Gas & Electric Dryer Hookup
- Parking:
- Tandem Covered
- Sewer:
- Sewer Paid
- Common Walls:
- 2+ Common Walls
- Senior Community:
- 0
- List Agent Agent ID:
- SWADDABI
- Water Source:
- Public
- Lot Features:
- Rectangular Lot, Level
- Community Features:
- Sidewalks, Storm Drains
- Amenities:
- Picnic Area, Trash, Sewer, Water
- Flooring:
- Carpet, Vinyl
- Exterior Features:
- Awning(s), Rain Gutters
- Appliances:
- Vented Exhaust Fan
- Spa:
- 0
- Interior Features:
- Unfurnished, Corian Counters
- Street:
- Esplanade
- Street Number:
- 1606
- Zip4:
- 5240
- Floor Number:
- 0
- Longitude:
- W119° 36' 38.6''
- Latitude:
- N33° 49' 11.2''
- Listing Courtesy of:
- Keller Williams Beach Cities
- TaxAnnualAmount:
- $0
- Garage Spaces:
- 9
- Zoning:
- RBRMD
- Lot Size Square Feet:
- 7,870 Sqft
- List Agent Last Name:
- Waddell
- List Agent License Number:
- 00892590
- Special Listing Conditions:
- Standard
- List Office ID:
- S6403
- List Agent First Name:
- Abigail
- Directions:
- This Property is on the Esplanade between Ave H and Ave I
- Virtual Tour URL Unbranded:
- Click Here
- MLSAreaMajor:
- 157 - S Redondo Bch W of PCH
- Levels:
- Two
- Parcel Number:
- 7511008019
- List Agent License Number:
- 01368364
- TaxAnnualAmount:
- $0
- TaxYear:
- 0
Residential Income Sold
1606 Esplanade, Redondo Beach, California 90277
- Property Type :
- Residential Income
- Listing Type :
- Sold
- Listing ID :
- SB19195714
- List Price :
- $6,200,000
- Year Built :
- 1956
- Lot Area :
- 0.18 Sqft
- Country:
- US
- State:
- CA
- County:
- Los Angeles
- City:
- Redondo Beach
- Zipcode:
- 90277
- Water front Features:
- Ocean Front
- Close Price :
- $6,000,000
- Status :
- Closed
- Property Type :
- Single Family Residence
- Price Per Square Foot :
- $900
- Days on Market :
- 34
