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$7,600,000
23 Days On Site

156 Paseo De La Concha
Redondo Beach, CA 90277

For Sale|Residential Income|Active
24
Beds
13
Total Baths
11,362
SqFt
$669
/SqFt
1955
Built
County:
Los Angeles
Listed by Sean Rosenzweig of Marcus & Millichap thesrgroup@marcusmillichap.com

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(310) 347-1300
156 Paseo De La Concha156 Paseo De La Concha156 Paseo De La Concha156 Paseo De La Concha
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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.

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Listing Snapshot
Price 
$7,600,000
Days On Site 
23 Days
Bedrooms 
24
Inside Area (SqFt) 
11,362 sqft
Total Baths 
13
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4022 Acres
Year Built 
1955
MLS® Number 
26648593
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.4022
Garage 
Yes
Levels 
Two
Number Of Stories 
2
Parking 
Garage
Parking Spaces 
26
Special Circumstances 
Standard
SqFt Total 
11362
Zoning 
TORR-MD
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Community Features
MLS Area 
128 - Hollywood Riviera


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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