103 Paseo De La Playa Redondo Beach, CA $ 6,500,000
103 Paseo De La Playa
$ 6,500,000
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103 Paseo De La Playa

Redondo Beach, CA, 90277
$ 6,500,000
Bedrooms-- Baths2.0 Sq 6,000

Monthly Estimate*

$ 44,894

Listed by Amy White, Estate Properties, akwcommercial@gmail.com
103 Paseo De La Playa, Redondo Beach, CA 90277 - Image 1
103 Paseo De La Playa, Redondo Beach, CA 90277 - Image 2
103 Paseo De La Playa, Redondo Beach, CA 90277 - Image 3

Multi-Family Home for sale in Redondo Beach, CA

for $6,500,000 with 2 full baths. This 6,000 square foot home was built in 1957 on a lot size of 0.2148.

Rare offering at 103 Paseo De La Playa — a trophy 7-unit midcentury modern apartment building in one of Redondo Beach's most coveted locations, just one block from the sand and Miramar Park. This meticulously maintained property blends timeless architectural character with pride-of-ownership upkeep throughout, offering a turnkey investment or owner-user opportunity in a location that simply cannot be replicated. Steps from the beach with ocean views, and just a short stroll to the shops, restaurants, and vibrant energy of Riviera Village, this address delivers the quintessential South Bay lifestyle. The building features an attractive mix of units including spacious front-facing 2 bedroom, 2 bath residences — perfect for an owner-occupant or extended family — along with the convenience of an on-site garage and shared laundry facility, both strong value-add amenities for tenants and ownership alike. Recent capital improvements include all-new main and subpanel electrical, giving new ownership peace of mind and one less item on the capital improvement list. Well managed and consistently cared for, this is a rare chance to own a piece of Redondo Beach's coastline in a midcentury gem that has stood the test of time — offering both immediate income and outstanding long-term upside in an irreplaceable beachside location. Onsite laundry and one of the 2 bedrooms has laundry inside unit. All downstairs units have a separate or shared patio.

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Multi-Family Active

Price

$ 6,500,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2148

Year Built

1957

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

SB26199957

Days on Market

24

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Cable Available Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Appliances Gas Range Microwave Dryer Washer
HOA Fee 0
Garage Spaces 8
Pool Features None
Year Built 1957
Electric Electricity - On Property
Tenant Pays Cable TV Electricity Gas Repairs Telephone
View Neighborhood Ocean
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 255000
Waterfront Features Across the Road from Lake/Ocean
Community Features Biking Curbs Fishing Park Street Lights Sidewalks Water Sports
County Los Angeles
Net Operating Income 168851
Operating Expense 13175
Insurance Expense 5000
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1000
Garage Y/N true
Other Structures Second Garage Storage
Special Listing Conditions Standard
Status Active
Directions Esplanade Ave to traffic circle and to Paseo De La Playa
City Redondo Beach
Entry Location Street
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 7
MLS Area 128 - Hollywood Riviera
Lot Size Units Square Feet
Lot Size Square Feet 9358
Listing Terms Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 305
Current Financing Conventional
Fuel Expense 60
Property Condition Updated/Remodeled Turnkey
Trash Expense 2600
Water Sewer Expense 3038
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 12
Property Sub Type Additional Apartment
Taxes 74750
Cap Rate 2.7
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Interior
Interior Amenities Multiple Staircases
Flooring Carpet Laminate Tile
Fireplace Features Electric Gas Living Room Outside
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N false
Heating Y/N true
Window Features Blinds Drapes Insulated Windows Screens Wood Frames
Fireplace Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Fencing Block Partial Stucco Wall
Parking Features Assigned Storage
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 10
Lot Size Area 9358
Foundation Details Combination Raised
Number of Buildings 2
Spa false
Building Area Total 6000
Lot Size Acres 0.2148
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
Road Frontage Type City Street
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* Excluded Features
List By
Amy White

Listing Agent

Estate Properties

Broker

akwcommercial@gmail.com

Email

Affordability Calculator

$44,894
Per Month
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Monthly Principal & Interest
$44,894
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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
9/16/2026$6,500,000 Listed Price

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103 Paseo De La Playa, Redondo Beach, CA, 90277 is a Multi-Family Home for sale at $6,500,000 with 6,000 sqft and a lot size of 0.2148. 103 Paseo De La Playa has 2.0 baths and was built in 1957. The property's zip code is 90277 which is in Redondo Beach, CA