1212 S Irena Avenue, Redondo Beach, California 90277, Redondo Beach, 90277 - 5 bed, 3 bath
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1212 S Irena Avenue
Redondo Beach, California 90277
ACTIVE UNDER CONTRACT
CONDITION: POOR
5Beds
3Baths
3,816Sq Ft
5,506Lot Size
Property Price
LIST PRICE$2,678,000
EST. MARKET VALUE
$2,228,239
20% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $2,678,000—positioned well above the $2,228,239 Fair Market Value by -20%. While the current list price exceeds the estimated market value, the 3,816 Sq Ft footprint in a top-tier school district, including Alta Vista Elementary (9/10) and West High (9/10), offers significant long-term upside. Given the Poor Condition Rating and probate status, this asset requires a full interior renovation. This is a strategic acquisition for Fix-and-Flip Investors or Contractors capable of executing a comprehensive modernization.
Estimated Market Value
$2,228,239
Based on Realkey algorithm analyzing recent comparable sales in Redondo Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1212 S Irena Avenue Subject | $2,678,000* List Price | 5 | 3 | 3,816 | $584 | - |
A 205 Via Los Altos Sold | $2,200,000 | 5 | 4 | 2,685 | $819 | 0.7 mi |
B 1062 Palos Verdes Blvd Sold | $1,875,000 | 4 | 3 | 2,824 | $664 | 0.3 mi |
C 228 Avenue C Pending | $2,800,000 List Price | 4 | 4 | 3,168 | $884 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was last remodeled in 1994 (30 years ago), placing it in the 'Poor' category. Interior photos show significant neglect, including missing floor coverings with exposed subfloors and dated 1990s-era bathrooms. The listing explicitly describes it as a probate auction sold 'as-is' and a 'great opportunity to remodel,' indicating a need for a full interior rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
- Prime Coastal Location & Schools
Situated in highly sought-after South Redondo Beach, the property is within walking distance to top-rated schools like Tulita Elementary, offering exceptional long-term value and lifestyle appeal.
- Substantial Living Space
Boasting over 3,800 square feet of living area with 5 bedrooms, this home provides a rare scale for the neighborhood, offering significant potential for a high-end custom remodel.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3816, other record living area = 3073.
- Restrictive Purchase Terms
The sale requires a non-contingent offer with no financing, appraisal, or inspection protections, coupled with a court confirmation process that may extend the closing timeline.
- Square Footage Discrepancy
A significant discrepancy exists between city permits (3,816 sq ft) and tax records (3,073 sq ft), which could complicate future appraisals and requires careful due diligence.
About 1212 S Irena Avenue
Probate Sale! ALL CASH SALE! Estate of Elwood Marshall. This property is subject to confirmation and overbidding, the listing price is the minimum overbid, court date and time is October 9th, 2026 at 8:30 AM in Dept 246 at 111 N Hill Street, Los Angeles CA 90012 In order to bid in court, no later than 1:00 PM one business day prior to the court date, the BUYER MUST DELIVER TO THE LISTING BROKER, ALL OF THE FOLLOWING: 1) Proof of Funds AND 2) a Cashier's Check for the amount of 10% of the listing price made payable to the ESTATE OF ELWOOD MARSHALL. This 5 bed; 3 bath Single Family Home built in 1951 features +/-3,816 Sq Ft of living space, +/-5,504 Sq Ft lot, APN: 7509-024-022. Per city issued permits on file the home is +/-3,816 SF; LA County assessor records show +/-3,073 SF. Buyer to independently verify. This Property is offered together with improvements thereon as is, where is, with no warranty expressed or implied. (Timing of hearing is subject to the courts calendar approximately 60-days after the initial offer deadline date)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 5,506 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redondo Beach Unified Schools
Tulita Elementary School
Grades K-5 • 0.2 mi
9/10
Alta Vista Elementary School
Grades K-5 • 0.4 mi
9/10
Seaside Elementary School
Grades K-5 • 0.9 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 3,816 | 1,746.19 |
| Lot Size | 5,506 | 5,449.254 |
| Price | $2.68M | $1.77M |
| Price per sq ft | $702 | $1.0K |
| Built year | 1951 | 1962 |
| HOA | $0 | $20 |
| Days on market | 45 | 51 |
Pricing History
Listed for Sale
Aug 17, 2026
$2,678,000
$1,729,000
+55% Price Increase
Initial Listing
Price Change
Jul 26, 2026
$1,729,000
Initial Listing