This fully approved and entitled coastal development opportunity is located at 401–417 S. Pacific Coast Highway in Redondo Beach. The approved plans call for a five-story mixed-use development featuring approximately 17,000 square feet of ground-floor commercial retail space, which can alternatively be converted into 12 additional residential units, bringing the total to 61 residential units. The project includes three additional floors of residential living space, with units that can be configured as either apartments or condominiums. Plans also feature a fifth-floor rooftop deck, two levels of subterranean parking accessed from Pearl Street with capacity for 129 spaces, and a range of common-area amenities, including a pool and office/flex space.
Redondo Beach is located in California. Redondo Beach, California has a population of 70,998. Redondo Beach is more family-centric than the surrounding county with 40.67% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Redondo Beach, California is $123,874. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Redondo Beach is 39.8 years.
The average high temperature in July is 75.6 degrees, with an average low temperature in January of 48.5 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.
