
Redondo Beach, California 90278
This property presents a Prime Investment Opportunity with a List Price of $2,399,000—positioned well below the $2,460,969 Fair Market Value by 2%. This valuation gap offers $61,969 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home offers significant value-add potential through modernization. With an expansive 8,183 sq ft lot and ADU potential, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious home in the top-rated Redondo Unified School District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2812 Pinckard Avenue Subject | $2,399,000* List Price | 4 | 3 | 3,668 | $671 | - |
A 1907 Voorhees Pending | $2,800,000 List Price | 5 | 4 | 3,839 | $729 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 and maintained in largely original condition. While the home is spacious and functional, the kitchen and bathrooms feature dated oak cabinetry and tile countertops that are over 30 years old, requiring modernization to meet current market standards.
The expansive 8,183 sq ft lot with alley access is significantly larger than the area average, offering rare flexibility for a pool, large-scale landscaping, or the construction of an Accessory Dwelling Unit (ADU).
At 3,668 sq ft, this is one of the largest homes in the TRW tract, featuring soaring ceilings, a functional four-bedroom layout, and a massive primary suite that provides a sense of scale rarely found in North Redondo.
Situated on a quiet street within the highly-rated Redondo Unified School District, the property offers excellent long-term value and convenience to local dining, shopping, and commuter routes.
The home is in largely original 1990s condition, requiring a significant additional capital investment from the buyer to modernize the aesthetic and functional elements.
Despite the premium price point and large lot, the property does not offer the ocean or city light views that many South Bay buyers prioritize at the $2.4M level.
Tucked away on a quiet street in North Redondo Beach’s highly sought-after TRW tract, this spacious 4-bedroom, 3-bathroom single-family home offers a rare chance to own one of the largest homes in a prime, centrally located neighborhood known for its charm and convenience. Built in 1990, the home spans 3,668 square feet on an expansive 8,183 sq ft lot, offering a sense of space that’s increasingly hard to find in the South Bay. From the moment you enter, soaring ceilings and oversized windows draw in natural light, giving the home an open, airy feel that carries throughout. The layout is both functional and inviting, with a formal living room, family room, and formal dining room that create distinct yet connected spaces for everyday living and gathering. A bedroom and full bath on the main level offer flexibility for guests, a home office, or extended stays, while three additional bedrooms are tucked upstairs. A dedicated laundry room adds convenience, and the home’s largely original condition presents a meaningful opportunity to update at your own pace and style. The primary suite is truly a standout, both generous in scale and thoughtfully designed to feel like a retreat. The bedroom itself is expansive, complemented by an oversized walk-in closet rarely seen at this size, and a spacious ensuite bath that completes the experience. Outside, the grounds offer both usability and potential. Front and rear yard spaces, mature landscaping, and a fruit tree add warmth and character, while the large lot and alley access open the door to future possibilities. With parking for six or more vehicles and room to explore expansion or an ADU, the property offers flexibility to grow with your needs. Located within the award-winning Redondo Unified School District, including Redondo Union High School, and just moments from local shops, dining, and commuter routes, this is a home that combines space, setting, and long-term opportunity in a way that’s rarely available.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.4 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 3,668 | 1,636.5 | 94% |
| Lot Size | 8,183 | 5,002.5 | 97% |
| Price | $2.40M | $1.53M | 90% |
| Price per sq ft | $654 | $934 | 3% |
| Built year | 1990 | 1960 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 128 | 3% |
May 28, 2026
$2,399,000
Initial Listing
Nov 22, 1995
$395,000
Public Record