S Redondo Bch W of PCH (157) Homes with Apartment Subtype

Welcome to the charming community of South Redondo Beach, located just west of Pacific Coast Highway in beautiful Los Angeles County, California. This vibrant neighborhood is renowned for its stunning coastal views, inviting atmosphere, and a lifestyle that perfectly balances relaxation and recreation. With the Pacific Ocean as your backdrop, South Redondo Beach offers an idyllic setting for those seeking a coastal haven.

What makes this region particularly appealing is the diverse range of housing options available, including homes with apartment subtypes. These residences provide an excellent opportunity for those looking to invest in a property that can serve multiple purposes—whether as a primary residence, vacation rental, or investment opportunity. The homes in this area often feature spacious layouts, modern amenities, and proximity to the beach, making them highly desirable.

Living in South Redondo Beach means enjoying a relaxed coastal lifestyle, with access to beautiful beaches, scenic walking and biking paths, and a plethora of outdoor activities. The nearby Redondo Beach Pier offers an array of dining, shopping, and entertainment options, ensuring that residents are never far from the action. The area is also known for its top-rated schools and friendly community vibe, making it a perfect choice for families.

Whether you're drawn to the beach, the vibrant community, or the potential of owning a home with an apartment subtype, South Redondo Beach is a hidden gem waiting to welcome you. Experience the best of Southern California living in this enchanting coastal neighborhood!

Newest S Redondo Bch W of PCH (157) Homes with Apartment Subtype

$8,950,000

SB26148603 MLS ⋅ Active Status

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.

1710 Esplanade, Redondo Beach

$4,195,000

OC26003145 MLS ⋅ Active Status

***Price Reduced $155,000***This 7-unit apartment community offers investors desirable amenities and an exceptional location within Redondo Beach in the South Bay. The property features a diverse unit mix of three, two & onebedroom units with functional layouts that consistently attract long-term tenants. Residents benefit from onsite laundry and individual garages. The residences in the rear further distinguish themselves with select townhouse units and large private patios, offering a more spacious, modern living experience. This combination of location, design, and amenities ensures strong renter demand and positions the property for substantial rent and income growth as units are modernized and brought to market levels. • 6 of 7 units have been renovated to different states that include: new plumbing, electrical panels, kitchens, bathrooms, flooring, and hardware. • Demand Tailwinds: The severe monthly cost differential between renting ($3,550 avg.) and owning ($11,248 avg.) in Redondo Beach underscores ongoing renter demand, especially among workforce households priced out of homeownership. • Proven Rent Growth: Historical rent growth in Redondo Beach has been both strong and resilient, with continued increases forecast through the end of the decade. • With affordability challenges driving sustained renter demand, and historical trends pointing toward ongoing rent appreciation, Park Promenade provides investors a compelling opportunity for both near-term value creation and long-term growth. • 100% occupied. well-managed, & maintained • Individual garages & select private patios • Excellent unit mix of 3, 2 & 1 bedroom units • New electrical panels

502 N Elena Avenue Unit 1-7, Redondo Beach

$7,195,000

SB25228698 MLS ⋅ Active Status

This exceptional 11-unit apartment building is being offered for the first time in over 30 years and is located just one minute from the ocean in one of Southern California’s most prestigious and highly sought-after beach communities. The property features a balanced unit mix of 5 two-bedroom/one-bath units, 5 one-bedroom/one-bath units, and 1 studio unit, with all units occupied except the studio, ensuring strong and stable tenancy. Investors will appreciate 10 attached garage spaces with alley access, individually metered utilities for each unit, and the absence of city rent control, providing both efficiency and flexibility in operations. With a pro forma cap rate of approximately 3% and an unbeatable location that ensures consistent long-term demand, this asset presents a once-in-a-lifetime opportunity to acquire a generational trophy property in one of Southern California’s best-performing coastal markets.

1505 S Catalina, Redondo Beach

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.