Mohr Real Estate Group

Mohr Real Estate Group

156 Paseo De La Concha Redondo Beach CA 90277 MLS #26648593

156 Paseo De La Concha
Redondo Beach, CA, 90277
$7,600,000
24 Beds
13 Baths
11,362 SqFt
0.4 Acres
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$7,600,000
156 Paseo De La Concha
Redondo Beach, CA, 90277
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Property Description


We are pleased to offer for sale 154156 Paseo De La Concha, a well-maintained 13-unit* apartment community in South Redondo Beach (Torrance municipal jurisdiction), located just steps from the sandapproximately one residential block from the ocean.Positioned in one of the South Bay’s most sought-after coastal neighborhoods, the property offers a true beach lifestyle with immediate access to The Strand / Marvin Braude Bike Trail, a nationally recognized oceanfront route running along the Los Angeles coastline. Nearby amenities include the Redondo Beach Pier and King Harbor, which anchor the area’s dining, marina culture, and outdoor recreation.Select residences benefit from ocean-view orientation, with private decks and backyard/yard areas that enhance livability and support long-term tenant retentionrare features for an apartment community this close to the beach.Situated on a 17,518 SF lot spanning two parcels, the property totals 11,362 gross SF across two two-story buildings and features a highly desirable unit profile comprised of (12) 2BR/1BA units and (1) studio. Additional amenities include on-site laundry and ample parking26 spaces (13 garages + 13 open-space tandem). The large two-parcel land position and low-density footprint present a practical opportunity to add multiple ADUs and provide long-term development optionalityBuyer to verify.Redondo Beach benefits from a deep, stable tenant base supported by nearby South Bay employment hubs, with convenient proximity to LAX and major corporate and aerospace employers throughout Redondo Beach, Manhattan Beach, and El Segundo. The asset provides approximately 31% rental upside, positioning an investor to grow cash flow over time through continued professional management and selective interior enhancements. * The Property is currently operating as 13 units. Buyer acknowledges unit count reflected in public records and/or permits may differ. Buyer to independently verify legal unit count, permits, and approvals. Seller and Broker make no representations as to legal unit count or legality of any unit/configuration.

Property Details

Price:
$7,600,000
MLS #:
26648593
Status:
Active
Beds:
24
Baths:
13
Type:
Single Family
Neighborhood:
128hollywoodriviera
Listed Date:
Feb 6, 2026
Finished Sq Ft:
11,362
Total Sq Ft:
11,362
Lot Size:
17,518 sqft / 0.40 acres (approx)
Year Built:
1955
128 – Hollywood Riviera128hollywoodriviera

Schools

Interior

Levels
U

Exterior

Parking Spots
26
Parking Total
26

Financial

Gross Operating Income
$374,636
Net Operating Income
$225,310
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Redondo Beach, CA
The Mohr Real Estate Group

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