Mid-Century 7-Unit Apartment
For Sale
Contact for pricing
103 Paseo De La Playa, Redondo Beach, CA 90277
Seven-unit mid-century building features vaulted ceilings, picture windows, rear patios, and eight garages with new door systems.
Property SizeContact for details
Days on Market132
Property Features for 103 Paseo De La Playa
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Buchanan Realty Group
(731) 501-6078
Listed By:
Matt Wright · License #TN 352666
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 4:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Buchanan Realty Group
Investment Insights
Based on property information with market context.
Mid-century contemporary 7-unit apartment building offering open floorplans with vaulted ceilings and picture windows, plus front and rear doors and rear patios. Many units include ocean/PV breeze and views. The property is configured with 9 bedrooms and 10 bathrooms and includes eight garages with new doors and auto openers. Utilities are individually metered with separate gas and electric, and the building has all-copper plumbing. An “excellent roof” is noted, along with extremely low expenses.
All tenants are month-to-month, and rents have not been raised in four years. Three units have been remodeled with quartz counters, stainless appliances, engineered wood floors, new fixtures, and closet organizers, while four units are original with 20-year tenants.
The seller reports a non-contingent upleg in escrow. The property is described as located on a quiet street one door from the Esplanade, Miramar Park, and the beach, with close access to Riviera Village restaurants and shopping, including Starbucks and Trader Joe’s, plus a farmers market.
All tenants are month-to-month, and rents have not been raised in four years. Three units have been remodeled with quartz counters, stainless appliances, engineered wood floors, new fixtures, and closet organizers, while four units are original with 20-year tenants.
The seller reports a non-contingent upleg in escrow. The property is described as located on a quiet street one door from the Esplanade, Miramar Park, and the beach, with close access to Riviera Village restaurants and shopping, including Starbucks and Trader Joe’s, plus a farmers market.
Key Highlights
- One‑of‑a‑kind 7‑plex on a quiet street, 1 door from Esplanade, Miramar Park, and the beach.
- Mid‑century design with open floorplans, vaulted ceilings, picture windows, and front and rear doors with rear patios.
- 9 beds, 10 baths, 5,369 SF on a 9,356 SF lot (.21 acre), with ocean and PV views on many units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,657
Businesses Nearby
Explore this area
Business Placement
Demographics for 90277, CA
37,856
Population
18,229
Households
2.1
Avg Household Size
45
Median Age
70%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
10,516
Density / Sq Mi
$131,985
Median Household Income
$87,191
Median Earnings
$2,621
Median Rent
$1,403,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit mid-century building features vaulted ceilings, picture windows, rear patios, and eight garages with new door systems.
Where is this apartment building located?
The property is located at 103 Paseo De La Playa Redondo Beach, CA.
What are key features of this property?
This property features: One‑of‑a‑kind 7‑plex on a quiet street, 1 door from Esplanade, Miramar Park, and the beach.; Mid‑century design with open floorplans, vaulted ceilings, picture windows, and front and rear doors with rear patios.; 9 beds, 10 baths, 5,369 SF on a 9,356 SF lot (.21 acre), with ocean and PV views on many units.
