156 Paseo De La Concha Redondo Beach, CA $ 7,600,000
156 Paseo De La Concha
$ 7,600,000
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156 Paseo De La Concha

Redondo Beach, CA, 90277
$ 7,600,000
Bedrooms24 Baths1.0 Sq 11,362

Monthly Estimate*

$ 46,795

Listed by Marcus & Millichap
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Single Family Home for sale in Redondo Beach, CA

for $7,600,000 with 24 bedrooms and 1 full bath. This 11,362 square foot home was built in 1955 on a lot size of 0.4022.

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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Single Family Active

Price

$ 7,600,000

Bedrooms

24

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.4022

Year Built

1955

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

26648593

Days on Market

17

Features
General
Living Area 11362
Zoning TORR-MD
Year Built 1955
Stories Count 2
Levels Two
Gross Income 382848
County Los Angeles
Net Operating Income 225310
New Construction false
Property Type ResidentialIncome
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions West of Palos Verdes Boulevard & north of Via Riviera
City Redondo Beach
Senior Community Y/N false
Number Of Units Total 13
MLS Area 128 - Hollywood Riviera
Lot Size Units SquareFeet
Lot Size Square Feet 17518
Standard Status Active
Cap Rate 2.96
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Interior
Total Stories 2
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 24
Total Baths 13
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Exterior
Parking Features Garage Uncovered
Total Parking 26
Lot Size Area 17518
Number of Buildings 2
Building Area Total 11362
Lot Size Acres 0.4022
Lot Size Source Assessor
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* Excluded Features
List By
Marcus & Millichap

Broker

thesrgroup@marcusmillichap.com

Email

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$46,795
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/14/2026$7,600,000 Listed Price

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156 Paseo De La Concha, Redondo Beach, CA, 90277 is a Single Family Home for sale at $7,600,000 with 11,362 sqft and a lot size of 0.4022. 156 Paseo De La Concha has 24 bedrooms, 1.0 baths, and was built in 1955. The property's zip code is 90277 which is in Redondo Beach, CA