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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Redondo Beach at 531 Esplanade APT 313, Redondo Beach, CA, 90277 projects strong ROI of 7.84%. Rental yield 3.8%. With 5% annual appreciation, the property builds $594,005 in value over five years. Equity growth combined delivers a projected five-year ROI of 38.51%, translating into $268,237 in total cumulative return on $696,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Condo
Built in 1974
0.55 Acres lot
$N/A/sqft
$778 monthly HOA
Neighborhood data shown for ZIP Code: 90277, Redondo Beach, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,815 (100%) |
| Owner Occupied HU | 7,737 (43.4%) |
| Renter Occupied HU | 8,952 (50.2%) |
| Vacant Housing Units | 1,126 ( 6.3%) |
| Median Home Value | $1,456,087 |
| Average Home Value | $1,522,751 |
Residential
18,022
Single Family
8,500
Multi-Family
9,522
Businesses
1,826
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $2,150,000 |
| 2016-08-03 | Sold | $1,150,000 |
| 2016-07-13 | Pending sale | $1,150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-13 | $14702.06 | 1.90% | $1,308,500 | 2.00% |
| 2023-04-13 | $14428.34 | 1.36% | $1,282,844 | 2.00% |
| 2022-04-13 | $14235.03 | 2.15% | $1,257,691 | 2.00% |
Listed by: Dyan Naylor • Estate Properties
Mls Name: CRMLS
Mls Provider:
Mls ID: #SB25080256
Disclaimer: The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-12 18:03:19 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
