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2720 27201/2 Carnegie Lane, Redondo Beach, California 90278, Redondo Beach, 90278 - 3 bed, 2 bath

2720 27201/2 Carnegie Lane, Redondo Beach, California 90278 home-pic-0
ACTIVE$1,750,000
2720 27201/2 Carnegie Lane, Redondo Beach, California 90278
3Beds
2Baths
1,550Sqft
7,499Lot
Year Built
1964
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$1,129
HOA
-
Days on market
-
Sold On
-
MLS number
SB25201137
Home ConditionExcellent
Features
Patio
ViewCourtyard, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $1.75M(57th), sqft - 1550(7th), beds - 3(79th), baths - 2(79th).

They're not making anymore R-3 lots, and certainly not ones that have this caliber of remodel at an affordable price! Don't miss out on this Amazing Opportunity to own a Remodeled Turn Key Duplex in the South Bay. Remodeled down to the studs, and tastefully completed, these units are situated on an R-3 Lot; live in one rent out the other, build three units, Add an ADU or Two!, or keep these bread and butter units with higher pro forma rents for the future. Both units come with newer appliances, copper plumbing, tankless water heater (front unit), New water heater (back unit), water softener for both units, and so much more! Below the front unit there is an oversized 4 car garage (2 spaces for front unit and 2 for back)+4 car pads in front, tons of Storage, wash basin and newer (super quiet) garage openers and doors! Along with the mature and lush landscaping there are automatic sprinklers, cafe lights and 2nd unit (house) is gated for a small pet and/or more privacy. There are two yards, located in a great pocket neighborhood! Property photos are older, home shows even better now with mature landscaping and design and brand new roof!

Nearby schools

8/10
Washington Elementary School
Public,•K-5•0.6mi
9/10
Birney Elementary School
Public,•K-5•0.9mi
8/10
Jefferson Elementary School
Public,•K-5•1.4mi
8/10
Adams Middle School
Public,•6-8•0.3mi
8/10
Parras (Nick G.) Middle School
Public,•6-8•2.1mi
8/10
Redondo Union High School
Public,•9-12•2.3mi

Price History

Date
Event
Price
09/06/25
Listing
$1,750,000
05/06/11
Sold
$525,000
Condition Rating
Excellent
Despite being built in 1964, the property has undergone an extensive 'down to the studs' renovation, as stated in the description. The images confirm a modern, high-quality remodel, particularly in the kitchen with new white shaker cabinets, stainless steel appliances, and updated fixtures. Flooring throughout appears to be new hardwood or high-quality laminate. The description also highlights significant system upgrades including newer appliances, copper plumbing, tankless/new water heaters, water softener, and a brand new roof. All visible components appear new or virtually new, indicating no deferred maintenance and meeting current quality standards, aligning perfectly with the 'Excellent' condition criteria for an extensively renovated property.
Pros & Cons

Pros

Exceptional Development Potential: The property is situated on a rare R-3 zoned lot, offering significant future value and flexibility for expansion to three units or adding multiple ADUs.
Extensive 'Down-to-Studs' Remodel: The duplex has been completely remodeled down to the studs and is in turn-key condition, minimizing immediate buyer investment and offering modern, tastefully completed units.
Proven Income-Generating Duplex: Ideal for owner-occupiers or investors, this duplex provides immediate rental income potential with higher pro forma rents, offering a strong financial opportunity.
Comprehensive System Upgrades: Features newer appliances, copper plumbing, tankless water heaters, water softener, and a brand new roof, ensuring long-term reliability and reduced maintenance costs.
Abundant Parking & Storage: Offers an oversized 4-car garage plus 4 additional parking pads and ample storage, a highly sought-after and valuable amenity in the Redondo Beach area.

Cons

Outdated Marketing Photos: The listing explicitly states that the property photos are older, which may not accurately represent the home's current improved condition and mature landscaping, potentially deterring initial interest.
Lack of Individual Unit Details: While overall property stats are provided, the description lacks specific bed/bath counts and square footage for each individual unit, making it challenging for investors to precisely assess individual unit value and rental potential.
Original Build Year (1964): Despite the extensive remodel, the property's original construction date of 1964 may raise questions for some buyers regarding unseen structural elements or the absence of certain modern features like central air conditioning, which is not mentioned.

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