156 Paseo De La Concha

Redondo Beach, CA 90277
  • $7,600,000

    Price
  • 2

    Bed
  • 2

    Bath
  • 11,362

    SqFt

About the Listing CLW-X7515101 - CLW-C107850

We are pleased to offer for sale 154156 Paseo De La Concha, a well-maintained 13-unit* apartment community in South Redondo Beach (Torrance municipal jurisdiction), located just steps from the sandapproximately one residential block from the ocean.Positioned in one of the South Bay's most sought-after coastal neighborhoods, the property offers a true beach lifestyle with immediate access to The Strand / Marvin Braude Bike Trail, a nationally recognized oceanfront route running along the Los Angeles coastline. Nearby amenities include the Redondo Beach Pier and King Harbor, which anchor the area's dining, marina culture, and outdoor recreation.Select residences benefit from ocean-view orientation, with private decks and backyard/yard areas that enhance livability and support long-term tenant retentionrare features for an apartment community this close to the beach.Situated on a 17,518 SF lot spanning two parcels, the property totals 11,362 gross SF across two two-story buildings and features a highly desirable unit profile comprised of (12) 2BR/1BA units and (1) studio. Additional amenities include on-site laundry and ample parking26 spaces (13 garages + 13 open-space tandem). The large two-parcel land position and low-density footprint present a practical opportunity to add multiple ADUs and provide long-term development optionalityBuyer to verify.Redondo Beach benefits from a deep, stable tenant base supported by nearby South Bay employment hubs, with convenient proximity to LAX and major corporate and aerospace employers throughout Redondo Beach, Manhattan Beach, and El Segundo. The asset provides approximately 31% rental upside, positioning an investor to grow cash flow over time through continued professional management and selective interior enhancements. * The Property is currently operating as 13 units. Buyer acknowledges unit count reflected in public records and/or permits may differ. Buyer to independently verify legal unit count, permits, and approvals. Seller and Broker make no representations as to legal unit count or legality of any unit/configuration.

Listing Highlights

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 26648593
Year Built 1955
Total Square Footage 11,362
Lot/Acreage 0.4

Interior Details

  • Bedrooms: 2
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 26
  • Zoning: TORR-MD
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Garage,Uncovered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7511019013
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

156 Paseo De La Concha Redondo Beach, CA 90277

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: CA_CRISNET

home

Are you buying or selling a home?

Buying
Selling
Both
home

When are you planning on buying a new home?

1-3 Mo
3-6 Mo
6+ Mo
home

Are you pre-approved for a mortgage?

Yes
No
Using Cash
home

Would you like to schedule a consultation now?

Yes
No

When would you like us to call?

Thanks! We’ll give you a call as soon as possible.

home

When are you planning on selling your home?

1-3 Mo
3-6 Mo
6+ Mo

Would you like to schedule a consultation or see your home value?

Schedule Consultation
My Home Value

or another way