1710 Esplanade, presents a rare opportunity to acquire a stabilized beachfront income property in one of Los Angeles County’s most desirable coastal markets. The property consists of eight residential units across two levels and benefits from strong rental demand driven by the South Bay’s vibrant lifestyle and proximity to major employment centers.
Property Highlights
- Units:8 (6 one-bedroom / 2 two-bedroom)
- Living Space:5,962 Sq.Ft.
- Lot Size:6,796 Sq.Ft.
- Year Built:1956 | Extensivenly Updated
- Zoning:RBRMD | 2 Stories | 1 Building
- Rent:No Local Rent Control [AB1482 Only]
- Parking:8 Garage units with storage + 2 Additional Parking spaces for each unit
The Asset
Finite. Irreplaceable. Oceanfront.
8 Units Multifamily
6 ONE-BED / 2 TWO-BED
5,962 Rentable SF
6,796 SF lot
$129K
MEDIAN HH INCOME
~$190K
AVG HH INCOME – 1 MI
No Local Rent Control
AB 1482 only
8 Garage Spaces
+ 2 per unit
Oceanfront
Esplanade corridor
All 8 units have Panoramic Ocean Views
True beachfront multifamily assets on the Esplanade are among the most tightly held in Southern California. 1710 Esplanade offers investors direct ocean exposure with immediate walkability to Riviera Village’s retail, dining, and café scene and a high-income renter base with a median household income of $129K and an average of ~$190K within one mile.
Demand is anchored by South Bay’s most established employment corridor — drawing professionals from El Segundo’s aerospace and tech campus, Manhattan Beach’s creative and corporate base, and the broader LAX ecosystem. Additional drivers include SpaceX in Hawthorne, the South Bay medical corridor, and Inglewood’s SoFi Stadium and Kia Forum entertainment economy.
South Bay Coastal Positioning
Heart of the South Bay Coastal Corridor
1710 Esplanade is ideally located in the heart of Redondo Beach’s South Bay, placing it within one of the most desirable and connected coastal corridors in Los Angeles.
Riviera Village
Retail – Dining – Cafés
Employment hubs
El Segundo – Century City
Manhattan Beach
Hermosa Beach
Palos Verdes Estates
Peninsula
90277
ZIP CODE
South Bay
SUBMARKET
Coastal
CORRIDOR
Flanked by Manhattan Beach and Hermosa Beach to the north and the Palos Verdes Peninsula to the south, 1710 Esplanade sits within one of LA County’s most affluent and lifestyle-driven submarkets. The surrounding community carries an average household income exceeding $181K, with nearly 68% of residents holding a bachelor’s degree or higher — a deeply established professional base that consistently supports premium rents and near-zero vacancy.
The South Bay coastal lifestyle needs little introduction: nearly 300 days of sunshine annually, The Strand connecting three of LA’s most coveted beach communities, and a walkability and outdoor culture that tenants actively seek and rarely leave. The Beach Communities multifamily submarket reflects this demand, commanding average asking rents more than 15% above the Greater Los Angeles metro average, sustained by one of the most supply-constrained development pipelines in the region. Minutes from LAX, Crypto.com Arena, Dodger Stadium, and Beverly Hills — with seamless regional connectivity via PCH, the 405, and the Metro K Line.
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