
Redondo Beach, California 90278
This property presents a High-Potential Investment Opportunity with a List Price of $1,440,000—positioned above the $1,221,236 Fair Market Value. While the property requires a full rehab given its Condition Rating of 5, the 1964 mid-century structure offers a versatile floor plan with a rare downstairs bedroom. Located in a top-tier district with 9/10 rated Birney Elementary, this asset provides significant long-term upside through renovation. This is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity in a premier coastal neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2423 Huntington Lane Subject | $1,440,000* List Price | 4 | 2 | 1,400 | $872 | - |
A 2407 Ripley Avenue Sold | $1,399,000 | 3 | 1 | 1,220 | $1,147 | 0.2 mi |
B 2714 184th Sold | $1,070,000 | 2 | 1 | 1,151 | $930 | 0.5 mi |
C 2905 Rindge Active | $1,495,000 List Price | 4 | 2 | 1,330 | $1,124 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 (60 years old) with no recorded renovations. The listing explicitly markets the property as a renovation project, using terms like 'opportunity to renovate' and 'reimagine,' suggesting that the kitchen, bathrooms, and major systems are likely original or significantly dated and require a full rehab.
Elementary School: Birney Elementary School (9/10).
Situated in a highly desirable North Redondo neighborhood, the property is within walking distance to top-rated schools like Adams Middle and Washington Elementary, boasting ratings of 8 and 9.
The layout includes a rare downstairs bedroom and bathroom, providing excellent flexibility for multigenerational living, guests, or a dedicated home office.
With 4 bedrooms configured within only 1,400 square feet, the individual room sizes and living areas may feel cramped compared to modern residential standards.
The marketing emphasizes a 'rare opportunity to create your dream home,' implying the 1964 structure is in original condition and will require substantial capital investment for updates.
Nestled on a quiet, tree-lined street in one of North Redondo Beach's most desirable neighborhoods, this timeless two-story residence presents a rare opportunity to create your dream home in an exceptional coastal setting.Designed to embrace Southern California's coveted indoor-outdoor lifestyle, the home invites effortless entertaining and everyday enjoyment. Whether hosting intimate gatherings, weekend barbecues, or unwinding beneath the stars, the private backyard offers a peaceful retreat with endless possibilities. The versatile floor plan provides flexibility for multigenerational living, guests, or a dedicated home office. A convenient downstairs bedroom and bathroom offer added functionality, while the attached two-car garage provides generous storage and everyday convenience. Previous upgrades include; dual pane windows throughout, hardwood floors, updated bathrooms, along with stone counters and ceramic tile floor in kitchen. Filled with character and unlimited potential, this is your opportunity to reimagine and personalize a home that reflects your own style and vision.Ideally located just moments from the iconic South Bay beaches, award-winning schools, neighborhood parks, boutique shopping, and acclaimed restaurants, this exceptional property offers the perfect balance of tranquility and convenience. Enjoy refreshing ocean breezes, an active coastal lifestyle, and everything that makes Redondo Beach one of Southern California's most desirable communities.Whether you're seeking a beach-close property to renovate, a savvy investment opportunity, or a forever home with exceptional long-term upside, this residence offers an extraordinary combination of location, character, and potential. Don't miss this rare opportunity to own a classic mid-century home in one of the South Bay's most coveted neighborhoods.Green Energy: Redondo Beach is part of the Clean Power Alliance(CPA) which provides renewable energy
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,400 | 1,576 |
| Lot Size | 4,014 | 5,929 |
| Price | $1.44M | $1.80M |
| Price per sq ft | $1.0K | $1.0K |
| Built year | 1964 | 1963 |
| HOA | $0 | $0 |
| Days on market | 4 | 45 |
Jul 13, 2026
$1,440,000
Initial Listing
Sep 30, 1994
$218,000
Public Record