Mohr Real Estate Group

Mohr Real Estate Group

1710 Esplanade Redondo Beach CA 90277 MLS #SB26148603

1710 Esplanade
Redondo Beach, CA, 90277
$8,950,000
Beds
0 Baths
0 SqFt
0.16 Acres
Add
Add
$8,950,000
1710 Esplanade
Redondo Beach, CA, 90277
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Property Description


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.

Property Details

Price:
$8,950,000
MLS #:
SB26148603
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
157sredondobchwofpch
Listed Date:
Jul 29, 2026
Total Sq Ft:
5,962
Lot Size:
6,796 sqft / 0.16 acres (approx)
Year Built:
1956
WaterfrontOceanfrontCommunity Gated157 – S Redondo Bch W Of Pch157sredondobchwofpchNeighborhood

Schools

Interior

Heating
WL
Laundry Features
AR

Exterior

Common Walls
NCW
Community Features
SDW, SL, CRB, WATE, BIKI
Construction Materials
STC
Fencing
AVG
Garage Spaces
8
Parking Spots
24
Parking Total
24
Security Features
GC
View
CI, CO, HI, MT, OC, PA, PR, WA, WW, NE
Waterfront Features
OCN, OF, BCH, BF
Window Features
BLI

Financial

Net Operating Income
$299,065
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The Mohr Real Estate Group

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