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Sold for $7,400,000
  • $7,400,000

    156 Paseo De La Concha, Redondo Beach, CA 90277

    24beds
    13baths
    11,362sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $7,400,800 Zestimate®
    $651/sqft
    $3,848 Estimated rent

    Home value

    $7,400,800

    $6.73M - $8.14M

    $3,848/mo

    Zestimate® history
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    What's special

    Nationally recognized oceanfront routePrivate decksOn-site laundry
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sean Rosenzweig DRE # 01406343 310-513-3144,

    Marcus & Millichap 310-909-5500

    Bought with:

    Mike Nader Antoun, DRE # 02078333

    West Shores Realty, Inc.

    Anthony Antoun, DRE # 02098694

    West Shores Realty, Inc.

    Source: CLAW,MLS#: 26648593MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 13
    Heating
    • Other
    Cooling
    • Other
    Interior area
    • Total structure area: 11,362
    • Total interior livable area: 11,362 sqft

    Property

    Parking
    • Total spaces: 26
    • Parking features: Garage, Open
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 8,755 Square Feet
    Details
    • Additional structures: Other
    • Parcel number: 7511019013
    • Zoning: TORR-MD
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1955

    Community & HOA

    Location
    • Region: Redondo Beach

    Financial & listing details

    • Price per square foot: $651/sqft
    • Tax assessed value: $465,290
    • Date on market: 2/6/2026

    Price history

    DateEventPrice
    6/9/2026Sold$7,400,000-2.6%$651/sqft
    Source: CLAW #26648593 Report a problem
    4/23/2026Pending sale$7,600,000$669/sqft
    Source: CLAW #26648593 Report a problem
    2/6/2026Listed for sale$7,600,000$669/sqft
    Source: CLAW #26648593 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 90277

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $7,400,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $7,400,800