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Analysis Complete

109 Paseo de la Playa, Redondo Beach, CA 90277

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RMD — Medium Density Multiple Family ResidentialADU: YesSTR: No
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Property Details

109 Paseo de la Playa, Redondo Beach, CA 90277

Land Use
Multi-Family Residential (Five or More Apartments)
Lot Area
1,003 sq.yds
Zoning & Usage
  • Zone Code: RMD

  • Zone Guide: This zoning is intended for medium-density apartment-style housing and aims to provide locations for multiple-family developments, including supportive or employee housing, while meeting city health and safety standards. In practice that means the lot can be used for multi-unit residential buildings rather than single-family homes or standalone commercial enterprises. Building or converting units will still need to comply with local development standards, plan review, and any design rules the city enforces. The allowance for transitional and supportive housing suggests flexibility, but expect formal city approvals for major changes.

  • Zone Name: Medium Density Multiple Family Residential

  • Zone Type: Residential / Multi Family

  • ADU Permitted: Yes

  • Multi-Family Permitted: Yes

  • Commercial Uses Permitted: No

  • Industrial Uses Permitted: No

  • Zoning Link: https://www.zoneomics.com/code/redondo-beach-CA

Insight: This is a multi-family residential location, meaning the neighborhood is intended for apartment-style housing rather than single-family homes or commercial uses. For a buyer, that practical permission mix allows adding or keeping multiple units on the lot and could make it feasible to build additional rental units or an in-law unit where local rules allow. Because commercial and industrial uses are not permitted here, the street is less likely to see retail or factory conversions that would change residential character, though any redevelopment will still require city approvals and adherence to health and safety standards.

Environmental Risk
  • Flood: Minimal

  • Earthquake: Relatively High

  • Tornado: Very Low

  • Strong Wind: Very Low

  • Heat Wave: Very Low

  • Hail: Very Low

Insight: The biggest practical climate concern is earthquakes: this area has higher-than-average seismic exposure for its tract, so buyers should plan for the possibility of retrofit costs and check how insurance markets treat earthquake coverage; parcel-level flood risk is minimal so federal flood insurance is unlikely to be required, and other hazards like strong wind, heat, hail and tornado are rated very low and are unlikely to be major ownership issues.

Nearby Schools
School #1

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School #6

  • Name: South High School
  • Type: Public
  • Level: 9, 10, 11, 12
  • Rating: Above average
  • Distance: 1.47 miles
School #7

School #8

School #9

  • Name: Anza Elementary School
  • Type: Public
  • Level: KG, 1, 2, 3, 4, 5
  • Rating: Above average
  • Distance: 1.87 miles
School #10

Insight: Multiple nearby public schools are rated above average and sit within easy reach of this address, which supports steady demand from families and tends to protect a property's appeal during market slowdowns; that cluster of quality schools is a meaningful amenity when marketing to owner-occupiers and long-term renters seeking school stability.

Nearby Supermarkets

Supermarkets near this property:

Insight: Vons is the nearest supermarket and sits in the within 1/4 mile distance band, making quick errands for milk or bread comfortably walkable; Trader Joe's is also very close (within 1/4 mile), and larger format grocers sit a short drive away for bigger shopping trips.

Nearby Public Transportation

Public transportation near this property:

© OpenStreetMap contributors, Overture Maps Foundation

Insight: The Mary K. Giordano Regional Transit Center is listed as the closest stop and sits in the within 5 miles distance band, which means public transit connections exist but are not immediately walkable from the property; a couple of other transit centers are reported near that same band, so regional transit access clusters a few miles away rather than at the front door.

Major Development News

Major development projects reported in the Redondo Beach, California area:

Insight: One named item is the mixed-use project at 401 Pacific Coast Highway, reported in 2026, and another is housing approved for 2819 182nd Street, reported in 2026; these kinds of projects can mean construction noise and traffic while built and new housing or retail options afterward, so buyers should expect temporary disruption in daily life and potential long-term amenity gains — follow the original news links to track project status.

Short-term Rental
  • Short-term Rental Permitted: No

Insight: Zoning-level rules for the area indicate short-term rentals are not permitted at the zone level, which signals limited ability to rely on nightly rental income under current rules; before assuming any short-term rental strategy, verify parcel-specific city regulations, registration requirements, and any homeowners association rules that could further restrict short-term use.

Investment Outlook
  • Area Home-Price Appreciation (a historical range, not a forecast): Over the past five years area home prices rose by +9% to +47%, and over ten years by +57% to +113%. That historic spread shows location-specific factors will determine whether this address captures the higher end of past gains; buyers should weight nearby school quality, permitted density, and local development when projecting long-term resale value.

  • Typical Area Rent & Gross Yield: The typical 2BR rent is $3,530/mo, a gross yield of 3.0% (Low). The typical rent and gross yield indicate rental income is a relatively small slice of property value in this market, so investors should plan around appreciation or owner-occupancy benefits rather than expecting rental income alone to justify acquisition costs and carrying expenses.

  • Neighborhood Trajectory: Low. Local signals such as the recent mixed-use approval at 401 Pacific Coast Highway (reported 2026) and closeness to grocery anchors like Vons (about 0.18 mi) show pockets of investment and convenience that can support steady demand, but the broader neighborhood indicators do not point to rapid, widespread transformation.

  • Climate Risk: Moderate. Seismic exposure is the main practical concern here — tract-level earthquake risk is relatively high, so expect resale and upkeep conversations to include potential retrofit work and insurance considerations; parcel-level flood risk is minimal, and other hazards such as strong wind, heat wave, tornado and hail are very low, so flood insurance and extreme-weather mitigation are much less likely to drive immediate costs.

  • Nearby Major Development: 5 active development projects reported nearby. Nearby project headlines like housing approvals at 2819 182nd Street (reported 2026) and the mixed-use project at 401 Pacific Coast Highway (reported 2026) show active permitting and transaction activity, which can mean near-term construction impacts and modest long-term demand support from added housing or amenities.

  • School Trajectory: Not available as a forecast — see the current school ratings shown above for this area (a qualitative read of school quality, not a forecasted score). A cluster of above-average public elementary and secondary schools within roughly two miles supports steady family demand and makes the property more appealing to buyers and tenants seeking quality schools, which helps long-term desirability and resale resilience.

Final Verdict

Consider

on the six measures we have
BestWorst

Strongest: The area's price-growth history

Weakest: Hazard exposure

The Consider badge reflects a mixed but defensible opportunity profile: neighborhood fundamentals like above-average nearby schools and immediate supermarket convenience support steady demand, while multi-family permissiveness and a stream of nearby project approvals provide potential upside. Offsetting that are low gross rental yield metrics and a neighborhood trajectory that does not signal rapid gentrification, so rental returns alone are unlikely to justify aggressive purchase without appreciation. Moderate overall climate risk driven by notable seismic exposure also raises ownership and insurance considerations that should be budgeted into any acquisition decision.

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Climate-risk data is sourced from: FEMA National Flood Hazard Layer (the FIRM-panel flood determination, parcel-level); USFS Wildfire Hazard Potential 2023 (community/area-scale, not parcel-specific); and the FEMA National Risk Index v1.20 (a relative, tract-level rating — not a parcel-precise determination). These signals are screening estimates that describe the surrounding area, not a guarantee for this exact property; verify locally before relying on them.

About the investment figures: the home-price appreciation shown is a historical range of past area home sales, not a forecast of future prices. The rental yield is a gross figure before taxes, upkeep, and vacancy. The neighborhood trajectory describes the area's momentum relative to the surrounding metro — it is not a rating of quality or desirability. The Final Verdict is computed from the metrics shown in this report using a fixed, documented scorecard, and is informational only — not financial advice. All figures are area-level estimates, not a guarantee for this exact property; verify locally before relying on them.