
Redondo Beach, California 90277
This Versatile Coastal Residence is a Strong Value Opportunity, listed at $1,499,000—positioned at its $1,499,000 Fair Market Value. Maintaining a Condition Rating of 4, the home offers immediate utility with significant Income & Flex Potential through a rear suite featuring a separate entrance and kitchenette. Rare 5-car onsite parking and proximity to 9/10 rated schools like West High and Alta Vista Elementary enhance its long-term desirability. This property is a strategic acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a high-demand coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 312 N Prospect Avenue Subject | $1,499,000* List Price | 4 | 3 | 2,388 | $628 | - |
A 426 Camino Real Sold | $1,640,000 | 3 | 2 | 2,104 | $779 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property has received recent cosmetic 'enhancements' like paint and floor refinishing rather than a full renovation. The kitchen remains dated with 1980s/90s-style floral tile countertops and older cabinetry, though appliances are updated to stainless steel. Visible popcorn ceilings and older architectural details indicate the home is well-maintained but requires modernization of primary systems and wet areas to meet current market standards.
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
The property features a rear section with a separate entrance and kitchenette, providing a versatile space for rental income to offset the mortgage or a private multi-generational living arrangement.
Rare for a beach-proximate property, this home offers up to five onsite parking spaces, including a two-car garage and a large driveway, addressing a common pain point in the South Redondo area.
Originally built in 1960, the property may require more extensive mechanical or structural updates beyond the recent cosmetic enhancements to meet modern luxury expectations.
Despite its coastal location and price point, the property does not offer ocean or city light views, which are highly coveted features in the Redondo Beach real estate market.
IMPROVED PRICE!!! Welcome to 312 N. Prospect! Consisting of 4 beds, 2.5 baths, 2388 SF (BTV) this charming beach property has been recently enhanced with new interior paint, refinishing of the interior flooring, front landscaping, new carpet in rear bedroom and new gate. Inside has a spacious family room with fireplace, breakfast/dining area and an open kitchen with stainless appliances. A small outdoor space allows for natural light into the unit. The back part of the house includes a separate entrance, open family room with a kitchenette. This space can be used as a flex room or oversized office. Private rear yard with hardscape for entertaining and a covered pergola. Upstairs is a large 4th bedroom or can be used as a flex room. Laundry located in the two car garage with two car parking in the driveway and the ability to block the driveway, giving a valuable five car onsite parking. Potential opportunity to use the rear portion of the house for a rental opportunity with separate access and help offset the mortgage! Within a short walk to Award Winning Redondo Union High School, in close proximity to the beach. Don't miss out!!!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,388 | 2,170 | 54% |
| Lot Size | 6,263 | 6,182 | 52% |
| Price | $1.50M | $2.44M | 10% |
| Price per sq ft | $628 | $1.1K | 2% |
| Built year | 1960 | 1952 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 280 | 143 | 92% |
Apr 9, 2026
$1,499,000
$1,599,000
-6% Price Drop
Initial Listing
Aug 7, 2025
$1,599,000
Initial Listing
Jul 16, 2025
$1,699,000
Initial Listing
Feb 28, 2008
$763,000
Public Record