215 S Broadway, Redondo Beach, California 90277, Redondo Beach, 90277 - 0 bed, 0 bath
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Redondo Beach, California 90277
Analysis of 215 S Broadway, Redondo Beach, California 90277 is currently available with a list price of $2,800,000. 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.
Built in 1921 (103 years old) with no mention of renovations, this property is explicitly marketed for its 'future development' potential and 'land value.' The 'AS-IS' sale condition, combined with the age of the five structures and the emphasis on the RBR-3A zoning for redevelopment, indicates the improvements have reached the end of their functional life.
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Situated just one block from the beach, the Strand, and Redondo Beach Pier, this property offers an exceptional location with high walkability to local amenities, parks, and the Farmer's Market.
The rare side-by-side lots feature RBR-3A zoning and desirable street-to-alley access, providing a versatile and valuable canvas for future high-density residential development.
Built in 1921 and sold in 'As-Is' condition, the five existing structures likely require extensive repairs or a complete overhaul to meet modern living standards and safety codes.
The requirement to purchase the adjacent lot (217 S Broadway) simultaneously, coupled with a 'no pre-inspection' policy, increases the initial capital outlay and risk for potential investors.
Sold together with 217 South Broadway only. (APN #s 7505-018-007 & 7505-018-006). Quiet, tree-lined, extra-wide South Broadway. These are rare side-by-side lots with desirable street to alley access for ease of future development (South Broadway to New High Court). Total combined lot sq.ft. of 7,055 (per title). Each lot is zoned RBR-3A. The properties are to be sold AS-IS. There are 5 structures (6 units total) — 3 Craftsman cottages, 1 two-story duplex, plus bonus detached studio/ADU (not factored into the rental income or sf totals). This property has incredible potential to either develop or keep status-quo. A lot of outdoor space- patios and a lovely garden with mature fruit trees and grape vines. Rents are very low, the pro-forma rents will bring a significant increase in monthly income. Dream location: one block to beach, the Strand, the Pier, Farmer’s Market, Veteran’s Park, shopping, walk to the Village. PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY. No pre-inspections; inspections upon accepted offer only.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.3 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 | 1,712 | 2,416 | 13% |
| Lot Size | 3,550 | 5,895.5 | 13% |
| Price | $2.80M | $1.90M | 75% |
| Price per sq ft | $1.6K | $801 | 88% |
| Built year | 1921 | 1947 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 143 | 13% |
May 29, 2026
$2,800,000
Initial Listing