1716 Camino De La Costa

Redondo Beach, CA 90277

  • 0 Bed(s)
  • 0 Bath(s)
  • 6,778 Sqft
  • 6764
    Sqft(Lot)
$4,840,000

Description

Location! location! location! perfectly situated one block east of the beaches and waters of the majestic pacific ocean and one block west of the galleries, boutiques, restaurants and other attractions of redondo beach’s bustling “riviera village” shopping district, 1716 camino de la costa offers investors tremendous economic upside in an unparalleled location. featuring eight (8) 2-bedroom, 1-bath units and boasting an aggregate of approximately 6,778 square feet of living space on a lot of approximately 6,764 square feet, as well as eight (8) semi-subterranean on-site parking garages, the property’s historically low vacancy rates are a testament to both its own desirability as well as the strength of the south redondo beach rental market in general. at 100% occupancy at the time of listing with all tenants on month-to-month leases at below market rental rates, this property will provide an investor with the opportunity to realize both the immediate income and stability offered by a fully leased asset, as well as the flexibility and potential economic benefits presented by its short-term tenancies.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49365826

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

  • Building Information

    • Year Built: 1958
    • Building Area Total: 6,778

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1553
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6764

  • Listing Price Information

    • Original List Price: 4,840,000
    • Listing Contract Date: 2025-03-24

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 7511011021

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 157 - S Redondo Bch W of PCH
    • Postal Code Plus 4: 5416
    • Directions: West on Ave I then South on Camino de la Costa
    • Source Property Type: Residential Income
    • Area: 157 - S Redondo Bch W of PCH
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 67
    • Common Walls: No Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: ground level
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BuyOwner last updated this listing 04/19/2025 @ 04:30

  • MLS: OC25063474
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 6,778 sqft, 6,764 sized lot, and 8 parking. are nearby neighborhoods.