2409 Inglewood Ave., Redondo Beach, California 90278, Redondo Beach, 90278 - 0 bed, 0 bath
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2409 Inglewood Ave.
Redondo Beach, California 90278
ACTIVE
CONDITION: FAIR
0Beds
0Baths
4,092Sq Ft
6,727Lot Size
Property Price
LIST PRICE$2,175,000
EST. MARKET VALUE
$2,086,781
4% AboveMARKET VALUE
SUMMARY
This fourplex represents a High-Potential Investment Opportunity, listed at a List Price of $2,175,000—positioned slightly above the $2,095,872 Fair Market Value. While the property requires strategic management due to its Condition Rating of 4, the 4,500 sqft building scale and prime location in the Redondo Beach Unified School District ensure consistent rental demand. The asset offers significant upside for value-add renovations to modernize the 1980s-era interiors. This is a stable, long-term acquisition ideal for Buy-and-Hold Investors or Portfolio Managers seeking coastal income properties.
Estimated Market Value
$2,086,781
Based on Realkey algorithm analyzing recent comparable sales in Redondo Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2409 Inglewood Ave. Subject | $2,175,000* List Price | 0 | 0 | 4,092 | $510 | - |
A 2110 Dufour Avenue Sold | $2,150,000 | 0 | 0 | 4,524 | $475 | 0.9 mi |
B 1925 Gates Sold | $2,400,000 | 0 | 0 | 5,032 | $477 | 0.9 mi |
C 1923 Gates Sold | $2,450,000 | 0 | 0 | 5,032 | $487 | 1.0 mi |
D 2406 Curtis Avenue Sold | $2,100,000 | 0 | 0 | 4,583 | $458 | 0.4 mi |
E 2021 Curtis Active | $2,357,999 List Price | 0 | 0 | 5,186 | $455 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1984 (40 years old), the property falls into the >20y category. While the interior shows some cosmetic updates such as newer laminate flooring and granite countertops, the presence of popcorn ceilings and the original 1980s exterior design indicate it is dated and lacks a recent comprehensive renovation of systems and structure.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in highly desirable North Redondo Beach, the property offers proximity to world-class beaches, the Redondo Beach Pier, and major employment hubs, ensuring consistently high rental demand.
- Top-Tier School District
The property is located within the prestigious Redondo Beach Unified School District, featuring high-rated schools that attract stable, long-term tenants and support property value appreciation.
- Substantial Building Scale
Built in 1984 with a generous 4,500 square feet of living space, this fourplex offers larger unit sizes than many older area counterparts, providing a competitive edge in the rental market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4500, other record living area = 4092.
- High Acquisition Cost
With a list price of $2,175,000, the high price-per-unit may result in a lower initial capitalization rate, requiring strategic management to maximize investment returns.
- Verification Requirements
The listing emphasizes buyer verification for all property conditions and permits, suggesting potential deferred maintenance or the need for significant due diligence regarding the asset's current state.
About 2409 Inglewood Ave.
Exceptional investment opportunity in desirable North Redondo Beach! This well-located fourplex is ideally situated just minutes from the South Bay's renowned beaches, The Strand, Redondo Beach Pier, Hermosa Beach, and Manhattan Beach. Residents enjoy convenient access to a wide variety of shopping, restaurants, coffee shops, parks, and everyday amenities. The property offers excellent commuter access to major freeways and is just a short drive from LAX and many of the region's major employment centers. Located within the highly regarded Redondo Beach Unified School District, this prime location continues to attract strong rental demand from those seeking the best of South Bay coastal living. Whether you're expanding your investment portfolio or seeking a well-positioned income property, this fourplex offers an outstanding opportunity in one of the South Bay's most sought-after rental markets. Buyer to verify all information and satisfy themselves regarding property condition, schools, zoning, permits, and all other matters affecting the property.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1984
- Lot Size
- 6,727 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redondo Beach Unified Schools
Madison Elementary School
Grades K-5 • 0.4 mi
8/10
Lincoln Elementary School
Grades K-6 • 0.6 mi
7/10
Adams Middle School
Grades 6-8 • 0.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.2 |
| Square foot | 4,092 | 2,849.583 |
| Lot Size | 6,727 | 6,872.833 |
| Price | $2.17M | $2.01M |
| Price per sq ft | $532 | $730 |
| Built year | 1984 | 1939 |
| HOA | $0 | $0 |
| Days on market | 37 | 73 |
Pricing History
Listed for Sale
Aug 3, 2026
$2,175,000
Initial Listing
Sold
Apr 23, 2002
$717,000
Public Record
Sold
Nov 20, 2000
$587,500
Public Record