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156 Paseo De La ConchaRedondo Beach, CA 90277

For Sale

$7,600,000

Smart Buyer Rebate $76,000

We are pleased to offer for sale 154-156 Paseo De La Concha, 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.

Listed by Sean Rosenzweig

·

License #01406343

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Marcus & Millichap

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213-943-1897

Last updated March 10, 2026

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Source: CRMLS #26648593

Listing Facts

  • TypeMulti-family
  • NeighborhoodTorrance Beach
  • Bedrooms24
  • Days on Prevu39
  • Size11,362 sqft
  • Price per sqft$669

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/06/2026
Listed by Marcus & Millichap
$7,600,000

Property Details for 156 Paseo De La Concha

Exterior

Construction

  • Number Of Units Total: 13
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1955

Measurements

  • Building Area Total: 11,362
  • Lot Size Acres: 0.40
  • Lot Size Area: 17,518
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 17,518
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.96
  • Gross Income: $382,848.00

Taxes

  • Parcel Number: 7511019013

Interior

Measurements

  • Living Area: 11,362
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 13
  • Bedrooms Total: 24

Parking

Parking

  • Garage: Yes
  • Parking Features: Garage, Uncovered
  • Parking Total: 26

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 24 bedrooms in this multi-family home at 156 Paseo De La Concha.

Does this multi-family home have parking?

Yes, there are 26 parking spaces available for 156 Paseo De La Concha.

How does 156 Paseo De La Concha compare to other multi-family homes in Torrance?

This multi-family home is listed 328% above the average price for multi-family homes in Torrance and has been on the market for 20 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 11,362 sqft.

156 Paseo De La Concha is a 24-bedroom multi-family home for sale in Redondo Beach CA 90277. On Prevu for 39 days at $7,600,000. This residence features 11,362 square feet of living space, located in Torrance. The median listing price for multi-family homes in this area is $1,300,000. Property amenities include parking. View other multi-family home listings in Torrance.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.