Analysis Complete

109 Paseo de la Playa, Redondo Beach, CA 90277

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RMD — Medium Density Multiple Family ResidentialADU: YesSTR: No

Tip: the colored pins are nearby schools — click any pin for its rating and details. Expand the map and zoom out to explore the schools around this property.

Property Details

109 Paseo de la Playa, Redondo Beach, CA 90277

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

  • Zone Guide: This zone supports medium density multi-family housing and allows for multiple units on a single site, including options for accessory living space. It permits new apartment-style developments and certain housing types that align with the citys general plan, while excluding commercial or industrial uses to keep the area predominantly residential. Development must meet health, safety, and welfare standards set by the municipal code, but ADUs and multi-family buildings are on the table for capable projects. In practical terms, the property owner has room to grow density and create more living units, subject to local review and compliance.

  • 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://ecode360.com/42653226#42653226

Insight: The Zone Code and Zone Type indicate a medium density multi-family framework that accommodates multiple housing units on a site, with ADU and multi-family development permitted. This means a buyer could pursue unit-count expansion or add accessory living space within city rules, potentially boosting value and income opportunities. The absence of commercial or industrial uses helps preserve a residential character, which tends to support stable property values in family-friendly neighborhoods. Overall, the zoning supports scalable, residential growth while requiring 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: Earthquake risk is relatively high for this tract, which means insurance costs and retrofit considerations should factor into long-term holding costs. Flood risk is minimal, but the overall climate picture is moderate, so plan for ongoing maintenance and potential resilience investments. Nearby development could boost demand and values, but construction activity can temporarily disrupt daily life and traffic, so timing and project coordination matter for both occupancy and resale timelines.

Nearby Schools
School #1

  • Name: Tulita Elementary School
  • Location: 33.82061, -118.37578
  • Type: Public
  • Level: KG, 1, 2, 3, 4, 5
  • Rating: Above average
  • Distance: 0.82 miles
School #2

  • Name: Alta Vista Elementary School
  • Location: 33.82886, -118.37870
  • Type: Public
  • Level: KG, 1, 2, 3, 4, 5
  • Rating: Above average
  • Distance: 1.07 miles
School #3

  • Name: Riviera Elementary School
  • Location: 33.80805, -118.37212
  • Type: Public
  • Level: KG, 1, 2, 3, 4, 5
  • Rating: Above average
  • Distance: 1.1 miles
School #4

  • Name: Edward J. Richardson Middle School
  • Location: 33.81043, -118.36774
  • Type: Public
  • Level: 6, 7, 8
  • Rating: Above average
  • Distance: 1.27 miles
School #5

  • Name: Seaside Elementary School
  • Location: 33.82097, -118.36409
  • Type: Public
  • Level: KG, 1, 2, 3, 4, 5
  • Rating: Above average
  • Distance: 1.46 miles
School #6

  • Name: South High School
  • Location: 33.81149, -118.36382
  • Type: Public
  • Level: 9, 10, 11, 12
  • Rating: Above average
  • Distance: 1.47 miles
School #7

  • Name: Calle Mayor Middle School
  • Location: 33.81491, -118.36263
  • Type: Public
  • Level: 6, 7, 8
  • Rating: Above average
  • Distance: 1.5 miles
School #8

  • Name: Montemalaga Elementary School
  • Location: 33.79021, -118.39477
  • Type: Public
  • Level: KG, 1, 2, 3, 4, 5
  • Rating: Above average
  • Distance: 1.81 miles
School #9

  • Name: Anza Elementary School
  • Location: 33.83425, -118.36482
  • Type: Public
  • Level: KG, 1, 2, 3, 4, 5
  • Rating: Above average
  • Distance: 1.87 miles
School #10

  • Name: Joseph Arnold Elementary School
  • Location: 33.82198, -118.35701
  • Type: Public
  • Level: KG, 1, 2, 3, 4, 5
  • Rating: Above average
  • Distance: 1.87 miles

Insight: The cluster of nearby public schools is rated above average, which historically sustains family interest in the area and helps cap downside risk during slower markets. This school quality supports steady demand from buyers who prioritize access to solid public education, contributing to price resilience over time.

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

  • Lodging Permitted: No

Insight: Short-term rental is not permitted, which eliminates the potential income upside from tourist or short-term occupancy but preserves neighborhood stability and long-term tenant demand. For investors seeking flexible income strategies, this constraint should be weighed against the higher payoff from longer-term leases and possible value-add opportunities within zoning rules.

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%. The area has a history of meaningful price growth over multiple time frames, which suggests potential for continued value appreciation for a property in this location as demand remains healthy and supply stays constrained.

  • Typical Area Rent & Gross Yield: The typical 2BR rent is $3,530/mo, a gross yield of 3.0% (Low). Rental income potential exists in the market, but the gross yield is described as low, indicating that cash flow from rents alone may be modest unless rents rise or the property is increased in density or upgraded to command higher rents.

  • Neighborhood Trajectory: Low. A low trajectory means the neighborhood is not undergoing a rapid upgrade cycle driven by new higher income residents, so long-term value may hinge more on fundamental location strength and market fundamentals rather than waves of gentrification.

  • Climate Risk: Moderate. Moderate climate risk implies some exposure to natural hazards, which means appropriate insurance and risk mitigation planning are prudent, though flood risk is low and not a dominant concern.

  • Nearby Major Development: 4 active development projects reported nearby. Four nearby development projects suggest ongoing growth and potential uplift in area amenities and demand, but may also bring short-term construction activity that could affect traffic and temporary living conditions.

  • 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). Nearby public schools are rated above average, which supports family demand and price stability, contributing to a favorable long-term desirability signal for the area.

Final Verdict

Consider

The computed verdict of Consider reflects a balanced picture: strong historical appreciation potential and solid school options support long-term value and resident desirability, while the modest rental yield and moderate climate risk temper current cash-flow upside. The presence of four nearby development projects points to ongoing growth opportunity, though construction activity and zoning constraints could influence timelines and carry costs. For an investor willing to pursue a value-add strategy or density expansion within the zoning rules, the property presents a measured opportunity rather than an immediate high cash-flow play.

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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.