Redondo Beach, CA90277
| 11362 sqft | MLS# 26648593
Tract:
For Sale $7,600,000
Description
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.
Facts
| Built in 1955 | Lot Size: 17518.00 sqft | HOA Dues: $0/month
Features
Listing provided by Sean Rosenzweig, Marcus & Millichap
Based on information from California Regional Multiple Listing Service, Inc. as of February 14, 2026. 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.