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508 Esplanade
Redondo Beach, CA 90277

Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.15 AC
Building Size 4,780 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 2.51/1,000 SF

About 508 Esplanade , Redondo Beach, CA 90277

Advisors Commercial Real Estate is proud to present this 4,780-square foot, six-unit apartment located at 508 Esplanade in Redondo Beach, California. Situated on a lot totaling 6,410-square feet, the offering consists of six units: one two-bedroom/one-and-three-quarter-bathroom owner’s unit, one three-bedroom/two-bathroom unit and four one-bedroom/one-bathroom units. The spacious owner’s units contains a fireplace and private deck. The property is situated half a block from the Pacific Ocean which allows an investor to obtain yield growth through property enhancements. Additionally, all units are separately metered for gas and electricity and have garage parking plus one tandem space for every unit.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,995 -
2+2 1 $3,175 -
3+2 1 $3,488 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7508-005-018
Land Assessment
$2,680,504
Improvements Assessment
$1,275,919
Total Assessment
$3,956,423

zoning

Zoning Code RBRMD
RBRMD
  • Listing ID: 12373380

  • Date on Market: 4/25/2018

  • Last Updated:

  • Address: 508 Esplanade, Redondo Beach, CA 90277

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