| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 93rd | Best |
| Amenities | 50th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 916 Esplanade, Redondo Beach, CA, 90277, US |
| Region / Metro | Redondo Beach |
| Year of Construction | 1973 |
| Units | 68 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
Prime Investment Opportunity in Growing Market
Discover high-potential properties in an established neighborhood with strong fundamentals for long-term value appreciation and rental income potential.
This well-established residential area offers investors a balanced mix of stability and growth potential. The neighborhood features mature infrastructure, established community amenities, and convenient access to transportation corridors. Local schools and parks contribute to the area's appeal for families, supporting consistent rental demand. The community has shown resilience through market cycles, with property values generally maintaining stability over time.
The area maintains community safety standards typical of established residential neighborhoods. Local law enforcement provides regular patrol coverage, and the community benefits from active neighborhood watch programs. Well-lit streets and maintained sidewalks contribute to pedestrian safety. Property investors should conduct their own due diligence regarding security features and local crime statistics when evaluating specific investment opportunities.
The surrounding region hosts a diverse employment base across multiple sectors, providing economic stability for the rental market. Healthcare systems, educational institutions, and professional services represent significant employment anchors in the area. The proximity to major transportation routes offers residents access to broader employment opportunities in nearby commercial districts. This employment diversity may help support consistent rental demand and tenant stability for investment properties.
This market presents several characteristics that may appeal to property investors. The established neighborhood infrastructure reduces the risk associated with emerging areas, while the diverse local economy provides multiple demand drivers for rental properties. Transportation accessibility enhances the area's appeal to tenants, potentially supporting occupancy rates. The community's track record of stability, combined with ongoing regional development, suggests potential for steady appreciation over time. Investors should evaluate current market conditions, rental rates, and property-specific factors when making investment decisions.