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$11,000,000   Price Analysis
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1402 Esplanade
Redondo Beach, CA 90277
18 bed 20 bath 12,993 SqFt ($846/SqFt)
7,964SqFt lot. Built 1963
Listed 2024-06-17, Taxes $69,521
Ⓧ Possibly USDA Ineligible
due to property condition

near Redondo Beach

Rarely does one of the Crown Jewels on Esplanade come up for sale.

12 unit, Millionaire's fixer upper which has (7) two bedroom two bath units, (2) one bedroom, one bath units, (2) studio units and a tremendous big penthouse unit with elevator. It has a common area for residents to relax and BBQ while enjoying the coastal life. This property is in it's re-positioning phase and once completed, it will be a world class trophy property!

Short walk to the beach, swim in the ocean, ride on the b ike path or walk to all the wonderful shops and rstaurants in the Riviera Village. This property is being sold in it's present, as-is condition with no warranties expressed or implied.


Presented by CHRIS FITZPATRICK at
Pacific Land Corporation.
Listing Agent Photo

Property MLS #SB24123232 from CRMLS

Bedrooms: 18

Laundry Features: Community

Full Bathrooms: 20

Fireplace Features: Primary Retreat
Heating Features: Combination
Heating: Yes

Flooring: Carpet

Ocean Front

Fencing: Fence YN: Yes, Fencing: Stucco Wall
Road Frontage Type: City Street

Lot Description: 11-15 Units/Acre
Lot Size Acres: 0.1828283
Lot Size Source: Assessor
Lot Size Square Feet: 7964

Garage Spaces: 12
Parking Features: Parking YN: Yes, Parking Features: Garage, Garage Faces Front, Garage Faces Side, Garage Door Opener, Subterranean
Parking Total: 12

View: Coastline, Harbor, Ocean, Water, White Water

Number of Units: 12
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2
Unit-1 Garage Spaces: 7
Unit-2 Garage Spaces: 2
Unit-3 Garage Spaces: 2
Unit-4 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0

Community Features: Curbs, Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: 157 - S Redondo Bch W of PCH
Source Neighborhood: 157 - S Redondo Bch W of PCH
Number of Separate Electric Meters: 12
Number of Separate Gas Meters: 12
Number of Separate Water Meters: 1
Parcel Number: 7511002030
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,392,479 + $4,583,588
$5,976,067
$69,521
2021$1,365,176 + $4,493,714
$5,858,890
$68,357
2020$1,351,178 + $4,447,637
$5,798,815
$68,453
2019$1,324,685 + $4,360,429
$5,685,114
$67,055
2018$1,298,711 + $4,274,931
$5,573,642
$65,494
2017$1,273,247 + $4,191,109
$5,464,356
$64,464
2016$1,248,282 + $4,108,931
$5,357,213
$63,398
2015$1,229,532 + $4,047,212
$5,276,744
$62,481
2014$1,205,448 + $3,967,933
$5,173,381
$61,596
2013$1,200,000 + $3,950,000
$5,150,000
$60,856
2012$1,530,000 + $3,060,000
$4,590,000
$53,932
2010$1,500,000 + $3,000,000
$4,500,000
$37,722
2009$1,594,589 + $1,606,060
$3,200,649
$37,187
2009$1,590,809 + $1,602,253
$3,193,062
$37,187
2008$1,563,323 + $1,574,569
$3,137,892
$36,255
2007$1,532,670 + $1,543,696
$3,076,366
$34,720

Listed 2024-06-17
$11,000,000
CRMLS
Listing removed 2017-04-26
$2,900
CRMLS
Listing removed 2017-04-07
$2,350
CRMLS
Listed for rent 2017-03-27
$2,350
CRMLS
Listed for rent 2017-03-27
$2,900
CRMLS
Listing removed 2015-02-24
$3,500
CRMLS
Listing removed 2015-02-04
$2,800
CRMLS
Listing removed 2015-01-12
$3,500
Zbestlistings
Listed for rent 2015-01-01
$2,800
CRMLS
Listed for rent 2014-12-19
$3,500
Zbestlistings
Listed for rent 2014-12-10
$3,500
CRMLS
Listing removed 2014-03-12
$1,925
WestsideRentals
Listed for rent 2014-02-24
$1,925
WestsideRentals
Listing removed 2014-02-19
$1,925
WestsideRentals
Listing removed 2014-02-11
$2,300
WestsideRentals
Price Changed for rent 2014-01-15
$1,925
WestsideRentals
Price Changed for rent 2013-12-17
$1,900
WestsideRentals
Listed for rent 2013-12-14
$0
WestsideRentals
Listed for rent 2013-12-11
$2,300
WestsideRentals
Listing removed 2013-12-10
$2,300
WestsideRentals
Sold 2012-11-06
$5,150,000
Public Record
Sold 2010-08-03
$4,350,000
Public Record
Sold 2001-12-13
$2,790,020
Public Record

Total Square Feet Living: 12993
Year Built: 1963
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 61
Property Attached: Yes
Property Condition: Under Construction
Roof: Composition
Levels or Stories: Three Or More
Building Total Stories: 3
Structure Type: Apartment
House Style: Contemporary
Year Built Source: Assessor

Electric: 220 Volts in Laundry
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Cable Connected
Electricity Connected
Sewer Connected
Water Source: Private

Tulita Elementary School is a public elementary school located approximately 0.8 miles away.
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Redondo Union High School is a public high school located approximately 1.6 miles away.
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Parras (Nick G.) Middle School is a public middle school located approximately 1.7 miles away.
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The Knowing Garden is a private elementary school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.