2407 Ripley Avenue, Redondo Beach, California 90278, Redondo Beach, 90278 - 3 bed, 1 bath
2407 Ripley Avenue
Redondo Beach, California 90278
Property Price
SUMMARY
Analysis of 2407 Ripley Avenue, Redondo Beach, California 90278 reveals a Fairly Priced Property with a current list price of $1,350,000 aligned with the estimated $1,350,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2407 Ripley Avenue Subject | $1,350,000* List Price | 3 | 1 | 1,220 | $1,107 | - |
A 2708 183rd Street Sold | $1,300,000 | 3 | 1 | 1,034 | $1,257 | 0.4 mi |
B 907 Lilienthal Sold | $1,440,000 | 4 | 2 | 1,399 | $1,029 | 0.2 mi |
C 2606 Ralston Lane Sold | $1,097,035 | 3 | 1 | 900 | $1,219 | 0.4 mi |
D 2708 184th Street Sold | $1,499,000 | 3 | 2 | 1,505 | $996 | 0.4 mi |
E 2617 182nd Sold | $1,000,000 | 3 | 1 | 835 | $1,198 | 0.3 mi |
F 2716 Spreckels Sold | $1,495,000 | 3 | 2 | 1,431 | $1,045 | 0.6 mi |
G 906 Flagler Lane Active | $1,360,000 List Price | 3 | 2 | 1,175 | $1,157 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1955, has received several significant updates including gleaming hardwood floors, Milgard dual-pane windows, recessed lighting, and a 'beautifully updated bathroom' as per the description. The exterior and backyard also show modern improvements with synthetic turf. However, the kitchen, while clean and functional, features dated tile countertops and an older white range, which would likely require immediate renovation for buyers seeking a modern aesthetic. This mix of updated features and outdated elements in a key area like the kitchen, despite overall good maintenance, places it in the 'Fair' category, as it requires minor updates to meet current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Birney Elementary School (9/10).
- Prime Coastal Location
Situated in a highly sought-after South Bay neighborhood, offering an unbeatable location with a short stroll to Hermosa Beach and Redondo Beach Pier.
- Desirable Views
On clear days, the property boasts breathtaking views of the mountains, downtown skyline, and the Hollywood sign, complemented by city lights and neighborhood vistas.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
The property features only one bathroom for three bedrooms, which may be a significant drawback for families or multiple occupants.
- Age of Property
Built in 1955, the home's age, despite updates, may imply potential for older infrastructure or systems that could require future maintenance or upgrades.
- Modest Interior Square Footage
With 1220 square feet for a three-bedroom layout, the interior living space may be considered modest by some buyers, potentially limiting comfort for larger households.
About 2407 Ripley Avenue
Welcome to a coastal gem that perfectly blends comfort, charm, and an unbeatable location. This inviting three-bedroom, one-bath home sits on an expansive lot designed for both relaxing and entertaining. Step inside to find a bright, open living area that flows seamlessly to a spacious deck and a backyard built for gatherings, play, and enjoying the California sunshine. On clear days, you can enjoy breathtaking views of the mountains, the downtown skyline, and even the Hollywood sign, all while being just a short stroll to the beaches of Hermosa and the Redondo Beach Pier. The home features gleaming hardwood floors, recessed lighting, Milgard dual-pane windows, and a beautifully updated bathroom. The efficient layout offers great storage throughout, including an oversized single-car garage with laundry and a generous driveway. Out back, enjoy a low-maintenance, water-wise yard with synthetic turf and raised garden boxes that are ideal for those who love outdoor living without the hassle. Whether you are hosting friends, relaxing in your private retreat, or envisioning future expansion, this property offers endless potential in one of the South Bay’s most sought-after neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 5,544 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redondo Beach Unified Schools
Washington Elementary School
Grades K-5 • 0.1 mi
Birney Elementary School
Grades K-5 • 0.6 mi
Jefferson Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | 1,220 | 1,681.5 | 34% |
| Lot Size | 5,544 | 5,166 | 66% |
| Price | $1.35M | $1.50M | 32% |
| Price per sq ft | $1.1K | $948 | 68% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 136 | 149 | 41% |
Pricing History
Listed for Sale
Dec 3, 2025
$1,350,000
$1,399,000
-4% Price Drop
Initial Listing
Price Change
Oct 21, 2025
$1,399,000
Initial Listing
Sold
Dec 9, 2021
$1,255,500
Public Record
Sold
Aug 30, 2019
$875,000
Public Record
Sold
Apr 20, 2016
$740,000
Public Record