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$1,495,000
2 Beds ⋅ 3 Baths ⋅ SB26172464 MLS ⋅ Active Status
Panoramic ocean view 2 levels north facing condominium with unobstructed ocean & sunset views from all rooms! Ocean Plaza is one of the most prestigious ocean front condominiums in south Redondo Beach. This unit offers a bright open floor plan with beautiful stone floors, steps, remodeled kitchen with black granite countertops, stainless steel sink, high end appliances including a sub-zero refrigerator, all electric easy clean 4 burner cooktop, stove & microwave. Open floor plan living area has its own bathroom with elegant stone floor entrance. Large ocean view master suite includes an ocean view deck, master bathroom with a double sinks, shower & a huge tub. 2nd ocean view bedroom also shares the ocean view master deck & has its own large remodeled bathroom. Ocean Plaza is a secure building which offers incredible ocean views with direct access to the beach & ocean. Walking distance to Redondo Beach Pier which includes a lively night life with many restaurants, retail shops, pubs & free summer concerts. The Ocean Plaza is one of the tallest condominiums on the Esplanade which offers incredible ocean views! The HOA offers a community kitchen, billiard room, large pool, hot tub, ocean front sun deck & picnic area, large Gym with free weights, treadmills, dry sauna, a huge panoramic ocean view roof top deck & 2 car secure covered parking & storage for this unit. Close to shopping, medical buildings, churches & freeways! Award-winning Redondo Beach schools.Buyer to verify all information.

531 Esplanade Unit 509, Redondo Beach
$7,100,000
SB26088593 MLS ⋅ Active Status
ANOTHER $200K PRICE REDUCTION! 4.5% CAP. TR WEALTH is pleased to present a rare opportunity to acquire a 10-unit trophy multifamily asset located in South Redondo Beach / Hollywood Riviera submarket. The addresses are 124-128 Palos Verdes Blvd totaling 9,914 sf with similar floor plans and ocean views. The property is two separate APN (Parcels) with 5 units each forming a central courtyard. Perched in a premier coastal setting, this asset has ocean views, offering a generational investment that attracts tenant demand. There are 10 Garages and 10 tandem spaces. A desirable unit mix of 9 large 2-bedrooms, 1 bathroom & 1 2-bedroom, 2 baths units offering 975 rentable area and spacious & functional layouts makes tenants want to reside here. With $800,000 in capital improvements, including fully remodeled interiors, upgraded plumbing and electrical systems, new subpanels, modern appliances, and extensive interior and exterior enhancements delivers a turnkey investment with minimal deferred maintenance. The property has 8 of 10 units remodeled as new and has future upside with renovations for 2 units and stabilization of the rents to market value. The price is supported by a conservative expense ratio and efficient management. A RUBS program is in place & tenants pay gas for hot water heater in units. The asset is not subject to local rent control, providing investors with flexibility to capture future rent growth in a strong and stable rental market. AB1482 State Rent Control only. Located just minutes from Riviera Village, tenants benefit from immediate access to premier dining, retail, and coastal amenities, as well as proximity to the Redondo Beach coastline, parks, and recreation. The property also offers convenient connectivity to Pacific Coast Highway and major South Bay employment centers, including Torrance, El Segundo, and the greater aerospace and technology corridor. Positioned within a high-income coastal community characterized by limited multifamily supply and strong historical appreciation, this offering presents a unique opportunity to acquire an irreplaceable asset with both stable in-place cash flow and long-term upside. Additional value-add potential exists through the possible conversion of two garage spaces into accessory dwelling units (ADUs). This is an ideal acquisition for investors seeking a high-quality, low-maintenance coastal asset in one of Southern California’s most supply-constrained and desirable rental markets.

124 Palos Verdes Boulevard, Redondo Beach
$1,475,000
2 Beds ⋅ 3 Baths ⋅ SB26050178 MLS ⋅ Active Status
This ocean view rooftop condominium offers an exceptional opportunity to create your ideal coastal home. The primary bedroom opens to a spacious private deck, perfect for enjoying the South Redondo Beach lifestyle, from ocean breezes to stunning sunsets. The entryway leads to an open floor plan with soaring ceilings, a fireplace, and tall sliding doors that connect to a first-floor balcony with ocean views. The main floor also includes a bedroom with its own small balcony and excellent airflow. This secure building provides two parking spaces, additional storage, and elevator access to the sixth floor, shared with only one other unit. Location location!

535 Esplanade Unit 601, Redondo Beach

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.