
Redondo Beach, California 90278
This Residential Income Duplex presents a High-Potential Investment Opportunity with a List Price of $1,849,000—positioned above the $1,711,996 Fair Market Value. While requiring significant modernization due to its Fair Condition Rating, the property offers immense value-add potential through renovation. Featuring two detached units with private garages and proximity to Top-Rated Schools like Birney Elementary, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage rental income to offset mortgage costs in a prime coastal community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1919 Havemeyer Lane Subject | $1,849,000* List Price | 0 | 0 | 2,914 | $588 | - |
A 1912 Havemeyer Sold | $1,500,000 | 6 | 4 | 2,939 | $510 | 0.0 mi |
B 1918 Marshallfield Lane Sold | $1,785,000 | 0 | 0 | 2,508 | $712 | 0.3 mi |
C 1814 Pullman Ln Sold | $1,595,000 | 5 | 3 | 2,670 | $597 | 0.3 mi |
D 1600 Flagler Active Under Contract | $1,750,000 List Price | 0 | 0 | 3,101 | $564 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (45 years old) and appears largely in original condition. The interior features heavily dated kitchens with tile countertops, original wood cabinetry, popcorn ceilings, and worn carpeting. Bathrooms show 1980s-era blue tile and fixtures. The listing description explicitly states the property needs 'updates and remodeling' to reach its potential, classifying it as a rehab project rather than a move-in ready home.
Elementary School: Birney Elementary School (9/10).
The property features two spacious, detached-style residences on a single lot, providing an ideal setup for multi-generational living or a high-yield investment opportunity through rental income.
Ideally situated near top-rated institutions including Jefferson Elementary and Adams Middle School, the location offers significant long-term value and appeal for families.
The interior likely requires significant modernization and updates, as indicated by the listing's reliance on virtual staging to demonstrate the property's potential.
With a list price of $1.849M combined with the need for remodeling, the total investment required to reach peak market value may be substantial for some buyers.
Welcome to 1919 Havemeyer Lane, a rare North Redondo Beach opportunity offering two spacious homes on one lot in one of the South Bay’s most desirable coastal communities. Ideally located approximately 2 miles from the beach, this versatile property presents exceptional potential for investors, owner-users, or multi-generational living. The front residence features 3 bedrooms, 2 bathrooms, and approximately 1,200 square feet of living space. The rear residence offers 3 bedrooms, 2 bathrooms, approximately 1,700 square feet, plus a large downstairs bonus room ideal for a home office, gym, playroom, or additional living space. Both units include private 2-car garages, a highly desirable amenity in this beach-close neighborhood. With strong rental income potential and a flexible dual-home layout, the property is perfectly suited for those looking to live in one unit while generating supplemental income from the other, maximizing long-term investment returns, or accommodating extended family living. Conveniently situated near award-winning schools, parks, shopping, dining, major freeways, and LAX, this is a unique opportunity to own an income-producing property in the heart of the South Bay. With the right vision, updates, and remodeling, this property has the potential to become an exceptional long-term investment and one of the most rewarding real estate opportunities in North Redondo Beach. Select interior photos of both units have been virtually staged with updated flooring to help illustrate the property’s potential and possible furniture layout. This will not last - this is a must-see!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,914 | 2,914 | 50% |
| Lot Size | 7,513 | 7,501 | 84% |
| Price | $1.85M | $1.75M | 68% |
| Price per sq ft | $635 | $597 | 58% |
| Built year | 1981 | 1958 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 143 | 5% |
May 12, 2026
$1,849,000
Initial Listing