124 S Prospect, Redondo Beach, California 90277, Redondo Beach, 90277 - 4 bed, 4 bath

124 S Prospect, Redondo Beach, California 90277 home-pic-0
ACTIVE$1,650,000
124 S Prospect, Redondo Beach, California 90277
4Beds
4Baths
2,282Sqft
6,440Lot

Price Vs. Estimate

The estimated value ($1,858,742.02) is $208,742.02 (12%) higher than the list price ($1,650,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2282, other record living area = 1702.

Compared to the nearby listings

Price:$1.65M vs avg $2.08M ($-425,000)25%
Size:2,282 sqft vs avg 1,891.5 sqft63%
Price/sqft:$723 vs avg $1.1K8%

More Insights

Built in 1953 (72 years old).
Condition: Despite being built in 1953, this property has undergone extensive recent renovations, bringing its condition to an excellent standard. The description explicitly states a 'fully remodeled kitchen with modern finishes, sleek cabinetry, high-end appliances,' and 'all bathrooms have been fully remodeled.' The images confirm these updates, showcasing contemporary designs, new flooring throughout, and high-quality fixtures in both the kitchen and bathrooms. The detached studio is also fully renovated. While listed 'as is' and lacking central AC, the comprehensive and recent nature of these updates, including a new vinyl fence and Tesla charger, indicates a property that is virtually new in its key living spaces and meets current quality standards.
Year Built
1953
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$723
HOA
-
Days on market
-
Sold On
-
MLS number
OC25250478
Home ConditionExcellent
Features
Excellent View: City Lights, Neighborhood, Panoramic
Deck
ViewCity Lights,Neighborhood,Panoramic

About this home

Charming 4-Bedroom Home with Spacious Studio and Stunning City Views*As is* Updated 4-bedroom, 4-bathroom home offers approximately 2,282 square feet of living space, plus a fully renovated studio with a full bath for Studio, a home office, or guest suite. Situated on a 6,445-square-foot lot. Main Home (1,704 Sq Ft): The inviting, light-filled interior features three spacious bedrooms, each with its own full bath, offering ultimate privacy. The upstairs primary suite with his and hers bath, large walking closet, vaulted ceilings, private balcony, wood burning fireplace and breathtaking city views. The heart of the home, the kitchen, has been fully remodeled with modern finishes, including sleek cabinetry, high-end appliances. Enjoy the warmth and ambiance of three fireplaces, including a unique antique "pop belly" fireplace, adding character to the living and dining areas. Private Studio (578 Sq Ft): The detached studio with a full bath is a perfect opportunity for rental income. With its own private entrance, this space offers flexibility as a guest suite, office, or Airbnb rental. Spacious backyard, where you'll find a large deck and fire pit area, ideal for hosting friends or enjoying a quiet evening while taking in stunning mountain views by day and sparkling city lights by night. Recent Upgrades: All bathrooms have been fully remodeled, and the home features new flooring throughout. A brand-new vinyl fence has also been installed along the front, enhancing both privacy and curb appeal. Conveniently located near schools, shops, dining, and entertainment, this home offers the perfect balance of comfort and convenience. Whether you're looking for a place to call home or an investment opportunity, this property has it all. Investment Opportunity: With its large lot size and desirable location, this home also offers the potential for future development—ideal for investors looking to build two townhomes. A dedicated Tesla charger installed, ready to charge your vehicle. The charger is fully approved by the city, meeting all safety and compliance standards. Making it the perfect fit for eco-conscious buyers with electric vehicles. This home is a rare find—offering updated amenities, income potential, and a prime location. Don’t miss your chance to own a piece of this vibrant community. Schedule your showing today!

Nearby schools

8/10
Victor Elementary School
Public,K-50.7mi
9/10
Anza Elementary School
Public,K-50.7mi
9/10
Alta Vista Elementary School
Public,K-50.9mi
8/10
Towers Elementary School
Public,K-50.9mi
9/10
Tulita Elementary School
Public,K-51.4mi
9/10
Seaside Elementary School
Public,K-51.6mi
8/10
Riviera Elementary School
Public,K-52.3mi
8/10
Bert M. Lynn Middle School
Public,6-81.0mi
8/10
Jefferson Middle School
Public,6-81.2mi
7/10
Calle Mayor Middle School
Public,6-81.9mi
8/10
Edward J. Richardson Middle School
Public,6-82.2mi
9/10
West High School
Public,9-120.6mi
9/10
South High School
Public,9-122.2mi

Price History

Date
Event
Price
04/11/24
Sold
$1,550,000
09/13/02
Sold
$510,000
Condition Rating
Excellent

Despite being built in 1953, this property has undergone extensive recent renovations, bringing its condition to an excellent standard. The description explicitly states a 'fully remodeled kitchen with modern finishes, sleek cabinetry, high-end appliances,' and 'all bathrooms have been fully remodeled.' The images confirm these updates, showcasing contemporary designs, new flooring throughout, and high-quality fixtures in both the kitchen and bathrooms. The detached studio is also fully renovated. While listed 'as is' and lacking central AC, the comprehensive and recent nature of these updates, including a new vinyl fence and Tesla charger, indicates a property that is virtually new in its key living spaces and meets current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Panoramic Views: The property boasts breathtaking panoramic city and mountain views, enhancing its appeal and providing a desirable living experience.
Income-Generating/Flexible Studio: A fully renovated, detached studio with a private entrance offers significant income potential as a rental unit or flexible space for a home office or guest suite.
Extensive Recent Renovations: The home features numerous recent upgrades, including a fully remodeled kitchen, updated bathrooms, new flooring, and a new vinyl fence, ensuring move-in readiness and modern aesthetics.
Development Potential: Situated on a large lot, the property presents a valuable investment opportunity with potential for future development, such as building two townhomes.
Modern EV Charging Amenity: A city-approved dedicated Tesla charger is installed, catering to eco-conscious buyers and adding a desirable modern convenience.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2282, other record living area = 1702.
As Is Sale Condition: The property is being sold in 'as is' condition, which may imply potential for unforeseen repairs or upgrades required by the buyer.
Absence of Central Air Conditioning: There is no mention of a central air conditioning system, which could be a significant drawback for comfort during warmer periods.
Age of Core Structure: Despite recent renovations, the home's 1953 construction year may raise concerns about the condition of underlying systems not explicitly updated.

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