Skip to main content
|

608 Esplanade, Redondo Beach, CA 90277

Show All 19 Photos
For Sale
Sale Pending

$5,000,000

10 beds10 baths7,236 sqft

Estimated Payment

$ 25,626 /mo.

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $690.99
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Incredible opportunity to own a rare ocean view generational asset on the Esplanade in Redondo Beach. First time on the market in over 40 years, this huge 7 unit (plus 1 non-conforming) apartment building offers over 7,000 square feet of rentable square footage on a nearly 10,000 square foot lot with 7 garage parking spaces. Enormous unique 2 story owner's unit loft style apartment with jaw-dropping ocean views, beamed ceilings, skylights, direct access elevator, large open concept kitchen, balcony, office, den, fireplace, wet bar, and 2 bathrooms. 6 other separately metered spacious apartments including one 2 bed/1 bath unit with ocean views, two 2 bed/2 bath units, and three 1 bed/1 bath units plus one non-conforming studio above the garages in the rear of property (check for ADU potential). Well priced on income for ocean front multifamily at 19X GRM on actual rents with a 30% upside to 14.8X GRM on market rents. Extremely well maintained property with very little deferred maintenance. Newer windows, clean units, and individual water heaters.
MLS# SB25021284

Courtesy Of Buckingham Investments, Inc.

(310) 982-7055

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 608 Esplanade, Redondo Beach, CA 90277
Loading...

Home seller CENTURY 21 Union Realty Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Union Realty Co.

(310) 371-6330
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $25,626
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $25,626

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Alta Vista Elementary School

Grades KG-5 Public School


Redondo Beach, CA 90277 0.7 miles
815 knob hill ave

581 total students
23:1 Student teacher ratio

Parras Middle School

Grades 6-8 Public School


Redondo Beach, CA 90277 1.1 miles
200 n lucia ave

1184 total students
28:1 Student teacher ratio

Redondo Union High School

Grades 9-12 Public School


Redondo Beach, CA 90277 0.9 miles
1 sea hawk way

3117 total students
26:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Playhouse Preschool & Kindergarten 0.5 miles Private PK-KG
Carden School 0.6 miles Private PK-TKG
South Bay Faith Academy 0.6 miles Private KG-12
The Knowing Garden 0.9 miles Private KG-5
Bishop Montgomery High School 1 miles Private 9-12
Tulita Elementary School 1.1 miles Public KG-5 A+
Redondo Beach Learning Academy 1.1 miles Public 9-12
Patricia Dreizler Continuation High School 1.1 miles Public 9-12 B
St Lawrence Martyr Elementary School 1.3 miles Private KG-8
Riviera Hall Lutheran School 1.3 miles Private KG-8
Beryl Heights Elementary School 1.4 miles Public KG-5 B+
Anza Elementary School 1.4 miles Public KG-5 A-
West High School 1.5 miles Public 9-12 A
Victor Elementary School 1.6 miles Public KG-5 A
St James Elementary School 1.6 miles Private KG-8
Seaside Elementary 1.6 miles Public KG-5 A-
Towers Elementary School 1.7 miles Public KG-5 A

Playhouse Preschool & Kindergarten

Distance: 0.5 miles

Type Private

Grades: PK-KG

Carden School

Distance: 0.6 miles

Type Private

Grades: PK-TKG

South Bay Faith Academy

Distance: 0.6 miles

Type Private

Grades: KG-12

The Knowing Garden

Distance: 0.9 miles

Type Private

Grades: KG-5

Bishop Montgomery High School

Distance: 1 miles

Type Private

Grades: 9-12

Tulita Elementary School

Distance: 1.1 miles

Type Public

Grades: KG-5

A+

Redondo Beach Learning Academy

Distance: 1.1 miles

Type Public

Grades: 9-12

Patricia Dreizler Continuation High School

Distance: 1.1 miles

Type Public

Grades: 9-12

B

St Lawrence Martyr Elementary School

Distance: 1.3 miles

Type Private

Grades: KG-8

Riviera Hall Lutheran School

Distance: 1.3 miles

Type Private

Grades: KG-8

Beryl Heights Elementary School

Distance: 1.4 miles

Type Public

Grades: KG-5

B+

Anza Elementary School

Distance: 1.4 miles

Type Public

Grades: KG-5

A-

West High School

Distance: 1.5 miles

Type Public

Grades: 9-12

A

Victor Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-5

A

St James Elementary School

Distance: 1.6 miles

Type Private

Grades: KG-8

Seaside Elementary

Distance: 1.6 miles

Type Public

Grades: KG-5

A-

Towers Elementary School

Distance: 1.7 miles

Type Public

Grades: KG-5

A

Local area information for Redondo Beach, CA 90277

Tour the area

Schedule a
tour with a
personal guide

Redondo Beach, CA 90277

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are above the national average.

77° August
Hottest Average Month

46° January
Coldest Average Month
16,082 Total Households in Area
22.4%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Redondo Beach, CA 90277

Redondo Beach, CA 90277 has a population of 36,788 people in 16,082 households with a median age of 43.8 years old.

Down -3.3%
Decrease in population
since the year 2010

Population is Trending down
17,064
Total households as of 2010
Up
0.4%

Community Population By Age

Community Population By Ethnicity

White 67%
Hispanic 16%
Asian 11%
Other 4%
Black 3%
Native American <1%

Economics
for Redondo Beach, CA 90277

7,393 /sq mi
Population Density
$122,618 /yr
Median Household Income
$1,572,500
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 72%
  • Work from Home 21%
  • Walk or Bike 5%
  • Public Transit 1%

Occupancy by Type

Rented 8,450 49%
Owned 7,632 44%
Vacant 1,192 7%

White vs Blue Collar Jobs







White Collar 91%
Blue Collar 9%

Family & Education Facts
for Redondo Beach, CA 90277

43.8 Median Age

Average Household Size

2.2
persons per
household

43.1%

Married Households

Community Population By Education

Bachelors Degree 40%
Graduate Degree 27%
Some College 14%
High School Graduate 8%
Associates Degree 7%
Some High School 4%

Household Family Expenses vs National Average

22.4% of households have children

Weather
for Redondo Beach, CA 90277

The weather for this area ranges from a high of 77° F in August to a low of 46° F in January

77° August
Hottest Average Month
46° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
46°
66°
Feb
47°
66°
Mar
49°
67°
Apr
51°
68°
May
55°
70°
Jun
58°
72°
Jul
62°
76°
Aug
63°
77°
Sep
61°
77°
Oct
56°
74°
Nov
50°
71°
Dec
46°
67°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Tour the area

Schedule a
tour with a
personal guide

There's more to learn about Redondo Beach, CA 90277!
Explore more local area information

Loading