A Premier Coastal Income Property

Positioned directly along the Redondo Beach Esplanade, 1710 Esplanade presents a rare opportunity to acquire a stabilized beachfront income property in one of Los Angeles County’s most desirable coastal markets. The property consists of eight residential units across two levels and benefits from strong rental demand driven by the South Bay’s vibrant lifestyle and proximity to major employment centers.

Property Highlights

  • Units:8 (6 one-bedroom / 2 two-bedroom)
  • Living Space:5,962 Sq.Ft.
  • Lot Size:6,796 Sq.Ft.
  • Year Built:1956 | Renovated: 1980
  • Zoning:RBRMD | 2 Stories | 1 Building
Investment Overview

Income at a Glance

Revenue Metrics

  • Current Gross Scheduled Rent$335,280/yr
  • Pro Forma Gross Rent$387,000/yr
  • GRM (Current)35.79
  • GRM (Pro Forma)31.01

The Market

Located in one of LA County’s most desirable coastal zip codes, 1710 Esplanade benefits from a surrounding demographic with a median household income of $129,240 within one mile and an average household income of $190,280.

The immediate area is 50% owner-occupied, with strong sustained demand from renters seeking direct beach access in the South Bay.

Rent Roll Access

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