18506 Kingsdale Ave, Redondo Beach, California 90278, Redondo Beach, 90278 - bed, bath
ACTIVE$995,000$2,054/sqft
18506 Kingsdale Ave, Redondo Beach, California 90278
0Bed
0Bath
2,054Sqft
6,003Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Potential: The property offers 'tremendous value-add or flip potential' and is described as a 'compelling investment with strong upside,' indicating significant growth opportunities for investors.
Top Cons:
Property Age: Built in 1959, the property is over 60 years old, which may imply outdated systems, infrastructure, and aesthetics requiring significant capital expenditure for modernization.
Compared to the nearby listings
Price:$995.0K vs avg $1.48M ($-487,000)6%
Size:2,054 sqft vs avg 2,166 sqft41%
Price/sqft:$484 vs avg $67729%
More Insights
Built in 1959 (67 years old).
Condition: Built in 1959, this property is over 60 years old. The listing explicitly states 'tremendous value-add or flip potential,' indicating that substantial repairs and rehabilitation are required. While no interior images of the kitchen or bathrooms are provided, the property's age and the 'value-add' description strongly suggest these areas are significantly outdated and in need of major renovation. The exterior photos show an aged property with visible wear and tear, consistent with a property requiring significant investment to modernize.
Year Built
1959
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$484
HOA
-
Days on market
-
Sold On
-
MLS number
SB26009825
Home ConditionPoor
Features
Good View:
Spa
Patio
View-
About this home
The Stiegler Takahashi Group is proud to present an exceptional opportunity in a great pocket of Torrance, offering tremendous value-add or flip potential. The property features an excellent unit mix of spacious 3-bedroom/1-bath and 2-bedroom/1-bath units, complemented by ample parking including two single-car garage spaces, making it a compelling investment with strong upside.
S
Stephen Takahashi
Listing Agent
Condition Rating
Poor
Built in 1959, this property is over 60 years old. The listing explicitly states 'tremendous value-add or flip potential,' indicating that substantial repairs and rehabilitation are required. While no interior images of the kitchen or bathrooms are provided, the property's age and the 'value-add' description strongly suggest these areas are significantly outdated and in need of major renovation. The exterior photos show an aged property with visible wear and tear, consistent with a property requiring significant investment to modernize.
Pros & Cons
Pros
Strong Investment Potential: The property offers 'tremendous value-add or flip potential' and is described as a 'compelling investment with strong upside,' indicating significant growth opportunities for investors.
Excellent Unit Mix: Features a desirable unit mix of spacious 3-bedroom/1-bath and 2-bedroom/1-bath units, appealing to a broad tenant base and maximizing rental income potential.
Desirable Location: Situated in Redondo Beach, specifically within the 'N Redondo Bch/Villas North' area, and described as a 'great pocket of Torrance,' suggesting a sought-after neighborhood with strong rental demand.
Ample Parking: Includes 'ample parking including two single-car garage spaces,' a valuable amenity that enhances tenant appeal and convenience in urban settings.
Income-Generating Property: As a 'Residential Income' duplex, the property provides immediate potential for rental income, making it an attractive asset for investors seeking cash flow.
Cons
Property Age: Built in 1959, the property is over 60 years old, which may imply outdated systems, infrastructure, and aesthetics requiring significant capital expenditure for modernization.
Implied Renovation Needs: The emphasis on 'value-add or flip potential' suggests the property is not turn-key and will likely require substantial renovation or upgrades to maximize its market value and rental income.
Limited Condition Details: The listing description is general, lacking specific information about the current interior condition, recent upgrades, or deferred maintenance, which could lead to unforeseen costs for a buyer.