15,541 sqft

$13,317,750

1100 Esplanade 10, Redondo Beach CA, 90277

Price per sqft$856.94

Built in1958

Property size15,541 sqft

Property typeCondominium

Bought with Karen Witteles with The Realestate Group and Listed by Michael Millea CA DRE# 01069014 with Lyon Stahl Investment Real Estate, Inc. 310-233-2800

Overview

Sold

Closed

Listed Jun 18, 2024

Updated Jun 19

Rare Opportunity to Purchase a 16-Unit Building on the Esplanade with Unobstructed Ocean Views. First time on the market in over 40 years. Developer Could Hold this Property as Income Property Until Ready to Build. Property requires an Astute Investor who Would be Seeking a Property with an Unbeatable Location and 50% Rental Upside. 4% Cap Rate at Market Rents Property of Large Units in a 15,541 Sq. Ft. Building on an 11,233 Sq. Ft. Lot Zoned RBRMD. DO NOT BOTHER TENANTS. ALL OFFERS SUBJECT TO INTERIOR INSPECTION.

Additional information

MLS^® ID: SB24124464

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.26 Acres

Other Property Details

Maintenance Expense: $26,642
Garage: Yes
View: Yes
Pool: Yes
55+/Senior Community: No

Bought with Karen Witteles with The Realestate Group and Listed by Michael Millea CA DRE# 01069014 with Lyon Stahl Investment Real Estate, Inc. 310-233-2800

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 6/19/2026 at 1:58 PM UTC Last Checked: 1:58 PM UTC