223 S Prospect Avenue 5, Redondo Beach, California 90277, Redondo Beach, 90277 - 2 bed, 3 bath
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Redondo Beach, California 90277
This Turnkey Condominium represents a Strong Value Opportunity, listed at $949,000—positioned well below the $1,042,438 Fair Market Value by 8%. This valuation gap offers $93,438 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the unit includes a remodeled European-style kitchen, high-end bath finishes, and a private patio. Located in a top-tier district with 9/10 rated schools, this property is an ideal choice for Owner-Occupants or first-time buyers seeking a sophisticated, low-maintenance lifestyle near the beach.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 223 S Prospect Avenue 5 Subject | $949,000* List Price | 2 | 3 | 1,568 | $665 | - |
A 1108 Camino Real 510 Sold | $700,000 | 3 | 3 | 1,145 | $611 | 0.8 mi |
B 814 Camino Real 203 Sold | $665,000 | 2 | 2 | 949 | $701 | 0.5 mi |
C 902 Camino Real 208 Sold | $669,000 | 2 | 2 | 977 | $685 | 0.6 mi |
D 826 Camino Real 202 Pending | $680,000 List Price | 2 | 2 | 949 | $717 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure was built in 1980, the interior has undergone a comprehensive high-end renovation within the last 5 years. The property features a remodeled European-style kitchen, updated bathrooms with modern quartz countertops and fixtures, contemporary glass railings, and updated flooring throughout, placing it in mint, move-in ready condition.
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
The property features a spacious remodeled European-style kitchen and upgraded bathrooms with high-end materials, offering a contemporary, move-in-ready aesthetic.
Boasting a remarkably low monthly HOA fee of $250 in a boutique 8-unit complex, this property offers significant long-term savings compared to similar South Redondo listings.
Constructed in 1980, the complex may require ongoing maintenance or future assessments for aging common area infrastructure typical of a 40-plus-year-old structure.
The two-bedroom configuration may limit appeal for larger families or buyers requiring multiple dedicated home office spaces, despite the generous 1,568 square footage.
Let's make it fun and easy. Great South Redondo living at an affordable price. Open floor plan with high ceilings and gas fireplace. Architectural design glass railings throughout. Full glass doors opening to the private fenced patio. 2 en suite primary bedrooms, remodeled baths with high-end materials. Spacious remodeled European style kitchen. Downstairs bath. Inside laundry. Private 2-car oversized garage with direct access to the unit. Wonderful small boutique 8 unit complex with the lowest HOA. Close to the beach. Easy walking area. A private oasis in the city.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,568 | 1,215 |
| Lot Size | 19,376 | 22,178 |
| Price | $949.0K | $905.1K |
| Price per sq ft | $605 | $783 |
| Built year | 1980 | 1977 |
| HOA | $250.0 | $505 |
| Days on market | 14 | 51 |
Jul 8, 2026
$949,000
Initial Listing