$5,499,000 Condominium

(310) 906-4404

Listing Information

Status: Active

Bedrooms: 8

Bathrooms: 8.0

Size: 4,780 ft²

Type: Condominium

State: CA

Zip: 90277

Description
We are proud to announce the listing of 508 Esplanade. A beautiful 2 story building consisting of 6 units sitting west of PCH in the highly sought after Redondo Beach area. The property boasts a fantastic mix of 4 single bedrooms, 1 two bedroom and 1 three bedroom ( Two units have Peek-a-boo views of Blue water). Ideally located within 500 ft from the sand of the beach. With all long term tenants being below asking rents for this area. The property offers plenty of upside potential. It is especially important to note that this property is not subject to "rent control" and as such bringing in new tenants at a higher rate would be possible almost immediately. This would be a great property for any developer as the surrounding area consists mainly 3 stories and above on similar zoning. ( Note property is street to street - additional garages and parking on Sunset/alley in rear street). Pro-forma rents are $ 178, 200 annually. Listed By: Gregory Engel of Douglas Elliman
Location

State: CA

Zip: 90277

County: Los Angeles

Country: UNITED STATES OF AMERICA

Interior

Bedrooms Total: 8

Baths Total: 8.0

Bath Full: 8

Bath Half: 0

Bath One Quarter: 0

Bath Three Quarter: 0

Fireplace Features: Other

Fireplace Rooms: Other

Interior: Other

Rooms: Other

Laundry Locations: Other - See Remarks

Construction & Exterior

Year Built: 1963

Fireplace: Y

Floors: 2

Zoning: RBRMD

Covered Spaces: 3

Structure Style: Other, Low Rise

Common Walls: Attached

Floor Material: Other

Security: Other

Cooling Type: Air Conditioning

Heating Type: Other

Parking Features: Converted Garage

View: Water View

Pool & Spa

Pool: N

Pool Descriptions: No Pool

Community
Education
Dues & Fees

HOA: N

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