1802 Esplanade

Redondo Beach, CA 90277

$5,600,000
Last Sold Price
14
Beds
14
Baths
7,155 Sq. Ft.
$783 / Sq. Ft.
7,155
Sq. Ft.
$783
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 8/13/25
Closed 8/13/25
a front view of a house with garden

Description

Price reduced $650,000! This ocean front building is now priced over a 3% CAP with over 48% upside in rents! 1802 Esplanade, Redondo Beach is a 10-unit property in one of the most desirable coastal neighborhoods in Southern California. This exceptional property features a highly sought-after unit mix, including four (4) 2-bedroom, 2-bathroom units and six (6) 1-bedroom, 1-bathroom units, making it an ideal choice for tenants seeking the ultimate beachside lifestyle. Located on the prestigious Esplanade,...Price reduced $650,000! This ocean front building is now priced over a 3% CAP with over 48% upside in rents! 1802 Esplanade, Redondo Beach is a 10-unit property in one of the most desirable coastal neighborhoods in Southern California. This exceptional property features a highly sought-after unit mix, including four (4) 2-bedroom, 2-bathroom units and six (6) 1-bedroom, 1-bathroom units, making it an ideal choice for tenants seeking the ultimate beachside lifestyle. Located on the prestigious Esplanade, this property is just steps from the sand, offering breathtaking ocean views and refreshing sea breezes. Residents will enjoy the convenience of being within walking distance to the Redondo Beach Pier, Veterans Park, and the Riviera Village, where they can explore top-tier dining, boutique shopping, and vibrant entertainment. Whether you're looking to expand your portfolio or secure a trophy asset in one of LA’s most sought-after beach communities, this is an opportunity you won’t want to miss.
  1. Listed by Austin Zahn • DRE #01936451 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-613-1251

Property Details for 1802 Esplanade

View
Catalina, Coastline, Ocean, White Water
Parking Spaces Total
9
Private Pool
No
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7155
Assessor Parcel Number
7511-016-008
LISTING UPDATED: 08/14/2025 02:20 AM

Property Details for 1802 Esplanade

StatusClosed
MLS #SB25067947
Days on Market104
Pet Policy-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1960
CountyLos Angeles County
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Austin Zahn, DRE #01936451

Sold By Lyon Stahl Investment Real Estate, Inc., Austin Zahn, DRE #01936451

Add your commute

Building Information for 1802 Esplanade

Building/Complex1802 EsplanadeFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1960Building Size-

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$28,719 per month

30 year fixed, 6.36% Interest

Principal and Interest

$27,905

Property Taxes

$814

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1802 Esplanade

Income / Expense / Tax Details
Income Details
  • Gross Income: $319,193
  • Gross Scheduled Income: $319,193
  • Net Operating Income: $196,566
  • Financing: Seller Financing
Expense Details
  • Operating Expense: $113,051
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $113,051
Tax / Assessment Info
  • Tax Block: H
  • Tax Tract Number: 10303
  • Tax Census Tract: 6213.26
  • CFD/Mello-Roos Fee: $2,763
  • Tax Lot: 9
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
Exterior Features
  • Entry Location: 1
  • View Description: Catalina, Coastline, Ocean, White Water
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 9
  • Parking Garage Spaces: 9
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,300
  • Unit Type Total Rent: $3,300
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,750
  • Unit Type Total Rent: $3,750
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,985
  • Unit Type Total Rent: $1,985
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,284
  • Unit Type Total Rent: $2,284
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,250
  • Unit Type Total Rent: $2,250
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,720
  • Unit Type Total Rent: $2,720
  • Unit Type Pro Forma: 4850
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,502
  • Unit Type Total Rent: $2,502
  • Unit Type Pro Forma: 4650
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,958
  • Unit Type Total Rent: $1,958
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $2,350
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,500
  • Unit Type Total Rent: $3,500
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1

Property History for 1802 Esplanade

DateEvent & SourcePriceAppreciation
Aug 13, 2025

Sold

CLAW #SB25067947MR

$5,600,000—
Aug 13, 2025

Sold

CRMLS #SB25067947

$5,600,000—
Aug 13, 2025

Sold

SDMLS #SB25067947

$5,600,000—
DateEvent & SourcePrice
08/13/2025

Sold

CLAW #SB25067947MR

$5,600,000
08/13/2025

Sold

CRMLS #SB25067947

$5,600,000
08/13/2025

Sold

SDMLS #SB25067947

$5,600,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1802 Esplanade

Taxable ValueLand$185,324Additions$430,002Total$615,326
Tax Record2025$9,771 ($814 / month)
Home Facts
Total Finished SqFt7,155 SqFtAbove Grade Finished SqFt7,155 SqFtLot Size7,280 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningRBRMDCountyLOS ANGELESAPN7511-016-008

Schools near 1802 Esplanade

This home is within Redondo Beach Unified School District.
Rating
School
Type
Grades
Distance
Tulita Elementary School
Public - K to 5
Parras (Nick G.) Middle School
Public - 6 to 8
Redondo Union High School
Public - 9 to 12
Redondo Beach Learning Academy
Public - 9 to 12
Rating
School
Distance
Tulita Elementary School
PublicK to 5

Parras (Nick G.) Middle School
Public6 to 8

Redondo Union High School
Public9 to 12

Redondo Beach Learning Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Austin Zahn, DRE #01936451

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.