
Redondo Beach, California 90277
Analysis of 1012 Emerald Street, Redondo Beach, California 90277 is currently available with a list price of $1,225,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Redondo Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is 100 years old (built 1924) with no recorded renovations, meeting the >50y criteria. The listing explicitly markets the property for 'new build' development possibilities and 'AS IS' condition, indicating the value is primarily in the land.
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Situated in a highly desirable South Redondo Beach neighborhood, this property offers exceptional walkability to the beach, Riviera Village, local dining, and seasonal community events.
The lot provides a rare opportunity for a new build, second-story addition, or ADU, allowing investors or homeowners to maximize the value of this coastal land.
At only 616 square feet with a 1-bedroom layout, the current residence is significantly smaller than typical single-family homes in the area, limiting its immediate utility for families.
The property is a trust sale sold strictly 'as-is' with known unpermitted backyard improvements, requiring the buyer to assume all responsibility for zoning compliance and repairs.
TRUST SALE. Rare Redondo Beach home. A clean welcoming 1 bedroom + 1 Bath residence with a relaxed beachy vibe. Property has an efficient layout & inviting character. House has an upfront outdoor patio perfect for relaxing or an Al fresco dining experience. Property is located in one of Redondo Beach's desirable coastal communities, with stellar award winning schools. Property is within walking distance to the beach, Riviera Village parks, nearby schools, local dining, shopping, entertainment, coastal recreation, pier activities , farmers markets, seasonal events & concerts as well as numerous community events. Some backyard additions/improvements are not permitted. Buyer to verify permits, zoning, development possibilities for a new build, or second story addition or ADU with the City & applicable professionals. Property is to be sold "AS IS". Seller will NOT do any work. Seller to select services of escrow & title. All offers to include PROOF of source of funds and documents showing ability to contract.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.7 |
| Square foot | 616 | 1,746.19 |
| Lot Size | 2,809 | 5,449.254 |
| Price | $1.23M | $1.77M |
| Price per sq ft | $2.0K | $1.0K |
| Built year | 1924 | 1962 |
| HOA | $0 | $20 |
| Days on market | 43 | 51 |
Jul 28, 2026
$1,225,000
Initial Listing
Jan 22, 1997
$61,000
Public Record