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312 N Prospect Avenue, Redondo Beach, California 90277, Redondo Beach, 90277 - 4 bed, 3 bath

312 N Prospect Avenue, Redondo Beach, California 90277 home-pic-0
ACTIVE$1,599,000
312 N Prospect Avenue, Redondo Beach, California 90277
4Beds
3Baths
2,388Sqft
6,263Lot

Price Vs. Estimate

The estimated value ($1,599,000) is $0 (0%) lower than the list price ($1,599,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Potential: The property features a separate living area with its own entrance and kitchenette, offering clear potential for rental income or flexible multi-generational living arrangements.
Top Cons:
Age of Property: Built in 1960, the home may have original systems (e.g., plumbing, electrical, HVAC) that could require significant maintenance or replacement in the near future.

Compared to the nearby listings

Price:$1.60M vs avg $2.08M ($-476,000)22%
Size:2,388 sqft vs avg 1,891.5 sqft63%
Price/sqft:$670 vs avg $1.1K7%

More Insights

Built in 1960 (65 years old).
Condition: The property, built in 1960, has received recent cosmetic enhancements including new interior paint, refinished flooring, and new carpet in some areas. While these updates improve the aesthetic, the main kitchen features outdated tile countertops and painted older cabinets, despite having stainless steel appliances. The secondary kitchenette is very basic with an older white range. Bathrooms are functional and clean but feature older-style vanities and fixtures, indicating they have not undergone a full modern renovation. Overall, the home is well-maintained but shows clear signs of being outdated in key areas like the kitchen and bathrooms, suggesting minor updates or renovations would be beneficial for a modern buyer.
Year Built
1960
Close
-
List price
$1.6M
Original List price
$1.7M
Price/Sqft
$670
HOA
-
Days on market
-
Sold On
-
MLS number
SB25160189
Home ConditionFair
Features
Patio
View-

About this home

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!!!

Nearby schools

8/10
Towers Elementary School
Public,•K-5•0.5mi
8/10
Victor Elementary School
Public,•K-5•0.7mi
9/10
Anza Elementary School
Public,•K-5•1.1mi
9/10
Alta Vista Elementary School
Public,•K-5•1.3mi
9/10
Tulita Elementary School
Public,•K-5•1.7mi
9/10
Seaside Elementary School
Public,•K-5•2.0mi
8/10
Riviera Elementary School
Public,•K-5•2.7mi
8/10
Bert M. Lynn Middle School
Public,•6-8•0.8mi
8/10
Jefferson Middle School
Public,•6-8•1.5mi
7/10
Calle Mayor Middle School
Public,•6-8•2.3mi
8/10
Edward J. Richardson Middle School
Public,•6-8•2.6mi
9/10
West High School
Public,•9-12•0.6mi
9/10
South High School
Public,•9-12•2.6mi

Price History

Date
Event
Price
02/28/08
Sold
$763,000
Condition Rating
Fair
The property, built in 1960, has received recent cosmetic enhancements including new interior paint, refinished flooring, and new carpet in some areas. While these updates improve the aesthetic, the main kitchen features outdated tile countertops and painted older cabinets, despite having stainless steel appliances. The secondary kitchenette is very basic with an older white range. Bathrooms are functional and clean but feature older-style vanities and fixtures, indicating they have not undergone a full modern renovation. Overall, the home is well-maintained but shows clear signs of being outdated in key areas like the kitchen and bathrooms, suggesting minor updates or renovations would be beneficial for a modern buyer.
Pros & Cons

Pros

Income-Generating Potential: The property features a separate living area with its own entrance and kitchenette, offering clear potential for rental income or flexible multi-generational living arrangements.
Recent Cosmetic Upgrades: Recent enhancements including new interior paint, refinished flooring, new carpet, and updated front landscaping provide immediate curb appeal and move-in readiness.
Prime Coastal Location: Situated within walking distance to an award-winning high school and in close proximity to the beach, enhancing desirability and long-term investment value.
Abundant Parking: Offers a two-car garage plus additional driveway space, accommodating up to five vehicles, a significant advantage in a coastal urban setting.
Functional & Updated Interior: Boasts an open kitchen with stainless steel appliances and a spacious family room with a fireplace, catering to modern living and entertaining needs.

Cons

Age of Property: Built in 1960, the home may have original systems (e.g., plumbing, electrical, HVAC) that could require significant maintenance or replacement in the near future.
Absence of Scenic Views: The property explicitly lacks any notable views, which can be a disadvantage in a Redondo Beach market where ocean or city views often command a premium.
Recent Price Reduction: A $100,000 price reduction from the original listing may suggest initial overpricing or a longer market time, potentially influencing buyer perception and negotiation strategy.

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