1716 Camino De La Costa
Redondo Beach, CA 90277
- – beds
- – baths
- – sqft
- 6,764 sqft lot
- 1958 build
- – on site
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.
Last checked:
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Last updated Mar 25, 2025
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MLS# OC25063474 —
The Building
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Year Built:1958
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:6778.00
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Building Area Units:Square Feet
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Total Number Of Units:8
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:8
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# of Separate Electric Meters:8
Interior
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Entry Location:ground level
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Laundry:Common Area
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Laundry:1
Location
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Directions:West on Ave I then South on Camino de la Costa
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Latitude:33.81764200
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Longitude:-118.38863100
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Lot Features:Rectangular Lot
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Lot Size Area:6764.0000
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Lot Size Acres:0.1553
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Lot Size SqFt:6764.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:A
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Tax Tract:10303
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Tax Lot:11
The Listing
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Special Listing Conditions:Standard, Trust
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Parcel Number:7511011021
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Sidewalks
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:8.00
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Garage Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/25/25
Mar 25, 2025
|
Listed / Active | CRMLS_CA | $4,840,000 |