156 Paseo De La Concha | Image 1
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$7,600,000

For Sale

2 months ago

156 Paseo De La Concha, Redondo Beach, CA

House

MLS® 26648593

24 Bed

13 Bath

11362 sqft

26 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 11362 sqft
Garage Yes
Taxes 
Days Active 61
Lot Size 
Approx. Age 1955
Avg. Price Per Sqft $668
MLS® Number 26648593

Property Address: 156 Paseo De La Concha, Redondo Beach, CA, 90277-6237

Average square foot calculated using Size range provided by listing agent.

Description

We are pleased to offer for sale 154-156 Paseo De La Concha (2 parcels: 7511-019-012 & 7511-019-013), a well-maintained 13-unit* apartment community in South Redondo Beach (Torrance municipal jurisdiction), located just steps from the sand - approximately 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 retention - rare 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 parking - 26 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 optionality - Buyer 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.
MLS® Number26648593
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1955
Basement
DrivewayGarage, Uncovered
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 6, 2026List Date
$7,600,000List Price
  • Commute

Commute

Starting Address
Destination Address
156 Paseo De La Concha, Redondo Beach, CA

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