62-Unit Development Opportunity

EXECUTIVE SUMMARY

• This is a fully approved and entitled coastal development opportunity located at 401 – 417 S. Pacific Coast Highway in Redondo Beach. The approved plans consist of a four-story mixed-use development featuring approximately 17,000 square feet of ground-floor commercial retail and three additional floors of residential living space comprised of 49 residential units (configurable as apartments or condominiums). Plans incorporate a 5th floor roof top deck, two levels of subterranean parking with entrance off Pearl Street allowing for 129 spaces as well as common area space which includes pool and office flex space.

PROPERTY OVERVIEW

• 1ST FLOOR: 12 RESIDENTIAL UNITS or COMMERCIAL 2ND FLOOR: RESIDENTIAL 3RD FLOOR: RESIDENTIAL 4TH FLOOR: RESIDENTIAL 5TH FLOOR: ROOFTOP DECK PARKING: 2 FLOORS (SUBTEREANIAN)

UNIT MIX

• 1-Bedroom Units: 26 (38) 2-Bedroom Units: 15 3-Bedroom Units: 8 Commercial Retail Space: TBD (17,000sf)

ELEVATION VIDEOS:

• 5TH FLOOR https://www.youtube.com/watch?v=Jc6QRzec9rs 4TH FLOOR https://www.youtube.com/watch?v=VS3U1kjfKzQ 3RD FLOOR https://www.youtube.com/watch?v=6ESt9lEdNLc

LOCATION VIDEOS:

• BEACH ACCESS VIDEO 1 BEACH ACCESS VIDEO 2 SITE LOCATION VIDEO ACCESS TO RIVIERA VILLAGE

Strong Income Demographic

• South Redondo Beach attracts an affluent, high-income demographic, driven by its proximity to major employers like SpaceX, Northrop Grumman, Boeing, Torrance Memorial Health, and Mattel. Employment is diversified across aerospace, healthcare, entertainment, and more, offering residents strong earning potential. Coupled with the area's desirable coastal lifestyle, scenic beaches, and vibrant community, South Redondo Beach is a highly sought-after location for both work and leisure.

Wellness Lifestyle Focus

• Known for its strong focus on health, wellness, and beachside living. With its stunning coastal setting, residents enjoy a variety of outdoor activities, from surfing and beach volleyball to jogging along scenic paths and biking along the shore. The community's emphasis on an active lifestyle is complemented by wellness-oriented amenities, making Redondo Beach an ideal place for those seeking both relaxation and vitality, all while being just steps away from the beach.

Community & Schools

• Redondo Beach is a family-friendly community known for its award-winning schools and relaxed atmosphere. With top-rated public and private schools, well-planned infrastructure, and slow traffic mapping, it offers a peaceful environment ideal for families. The city’s strong sense of community and easy access to amenities provides the perfect balance of suburban tranquility and coastal living.

Local Amenities

• In addition to the natural beauty, the area boasts a variety of dining options, from casual cafes to upscale seafood restaurants, offering a taste of the local flavor with oceanfront views. Fitness enthusiasts can frequent gyms, yoga studios, and cycling shops, while those looking for wellness services have plenty of spas, massage therapists, and holistic health centers to choose from. The area also features a number of boutique shops, grocery stores, and farmers’ markets, making it easy to live an active, health-conscious lifestyle.