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Stacey Alysson Melman

103 Paseo De La Playa DR
Redondo Beach, CA, 90277
$6,500,000
Beds
0 Baths
0 SqFt
0.21 Acres
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MLS #SB26199957 image #0
Rare offering at 103 Paseo De La Playa — a trophy 7-unit midcentury modern apartment building in one of Redondo Beach’s most coveted locations, just one block from the sand and Miramar Park. This meticulously maintained property blends timeless architectural character with pride-of-ownership upkeep throughout, offering a turnkey investment or owner-user opportunity in a location that simply cannot be replicated.

Steps from the beach with ocean views, and just a short stroll to the shops, restaurants, and vibrant energy of Riviera Village, this address delivers the quintessential South Bay lifestyle. The building features an attractive mix of units including spacious front-facing 2 bedroom, 2 bath residences — perfect for an owner-occupant or extended family — along with the convenience of an on-site garage and shared laundry facility, both strong value-add amenities for tenants and ownership alike.

Recent capital improvements include all-new main and subpanel electrical, giving new ownership peace of mind and one less item on the capital improvement list. Well managed and consistently cared for, this is a rare chance to own a piece of Redondo Beach’s coastline in a midcentury gem that has stood the test of time — offering both immediate income and outstanding long-term upside in an irreplaceable beachside location.

Onsite laundry and one of the 2 bedrooms has laundry inside unit. All downstairs units have a separate or shared patio.
AGENT: Amy White
LISTING BROKERAGE: Estate Properties
103 Paseo De La Playa DR
Redondo Beach, CA

Property Details

Price:
$6,500,000
MLS #:
SB26199957
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
128hollywoodriviera
Listed Date:
Sep 16, 2026
Total Sq Ft:
6,000
Lot Size:
9,358 sqft / 0.21 acres (approx)
Year Built:
1957
WaterfrontOceanviewLakefront128 – Hollywood Riviera128hollywoodrivieraNeighborhood
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Schools

Interior

Appliances
MW, GR
Cooling
NO
Flooring
TILE, LAM, CARP
Heating
WL
Interior Features
_2STR
Laundry Features
AR, DINC, WINC
Levels
U

Exterior

Common Walls
_1CW
Community Features
SDW, SL, CRB, PARK, FISH, WATE, BIKI
Fencing
BW, ST, PTL
Garage Spaces
8
Other Structures
SBL, SEGAT
Parking Spots
10
Parking Total
10
Spa Features
NO
View
OC, NE
Waterfront Features
ARLO
Window Features
WFW, BLI, SCR, INSW, DPC

Financial

Gross Operating Income
$256,776
Maintenance Fee
$1,000
Net Operating Income
$168,851

Map

Community

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