1710 Esplanade, Redondo Beach, CA 90277
Local realty services provided by:CENTURY 21 Cornerstone
1710 Esplanade,Redondo Beach, CA 90277
$8,950,000
- - Beds
- - Baths
- 5,962 sq. ft.
- Multi-family
- Active
Listed by: rami elminoufi
Office: beach city brokers310-543-3536
MLS#:SB26148603
Source:CRMLS
Price summary
- Price:$8,950,000
- Price per sq. ft.:$1,501.17
About this home
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....
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Home facts
- Year built:1956
- Listing ID #:SB26148603
- Added:1 day(s) ago
- Updated:July 30, 2026 at 03:30 AM
Rooms and interior
- Living area:5,962 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1956
- Building area:5,962 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Stucco
Utilities
- Water:Public, Water Connected
- Sewer:Septic Tank, Sewer Connected
Finances and disclosures
- Price:$8,950,000
- Price per sq. ft.:$1,501.17
Parking
- Total parking spaces:24
- Parking description:Assigned
- Garage:Yes
- Garage spaces:8
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