318 S Francisca Avenue, Redondo Beach, California 90277, Redondo Beach, 90277 - 1 bed, 2 bath
ACTIVE$1,400,000$1,157/sqft
Est. Value: $1,468,753
4%
BelowEstimate
318 S Francisca Avenue, Redondo Beach, California 90277
1Bed
2Baths
1,157Sqft
1,848Lot
Price Vs. Estimate
The estimated value ($1,468,753.485) is $68,753.485 (4%) higher than the list price ($1,400,000). This property may be underpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Top Cons:
Limited Lot Size: An exceptionally small lot of 1,848 sqft significantly restricts outdoor living space and future expansion possibilities for a single-family residence.
Compared to the nearby listings
Price:$1.40M vs avg $2.10M ($-700,000)7%
Size:1,157 sqft vs avg 1,907 sqft13%
Price/sqft:$1.2K vs avg $1.1K60%
More Insights
Built in 1920 (106 years old).
Condition: Despite being built in 1920, this property has undergone a very recent and extensive renovation. The kitchen features new dark shaker cabinets, white countertops, a modern tile backsplash, and new stainless steel appliances. Both bathrooms are fully updated with modern vanities, stylish black and white tile flooring, and contemporary fixtures. New LVP flooring, fresh paint, and modern light fixtures are present throughout, indicating a virtually new interior with no deferred maintenance.
Year Built
1920
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$1,210
HOA
-
Days on market
-
Sold On
-
MLS number
25629441
Home ConditionExcellent
Features
Patio
View-
About this home
A
Afsaneh Jelokhani
Listing Agent
Nearby schools
9/10
Alta Vista Elementary School
Public,•K-5•0.7mi
9/10
Anza Elementary School
Public,•K-5•1.1mi
9/10
Tulita Elementary School
Public,•K-5•1.1mi
8/10
Victor Elementary School
Public,•K-5•1.2mi
8/10
Towers Elementary School
Public,•K-5•1.3mi
9/10
Seaside Elementary School
Public,•K-5•1.6mi
8/10
Riviera Elementary School
Public,•K-5•2.1mi
8/10
Bert M. Lynn Middle School
Public,•6-8•1.5mi
8/10
Jefferson Middle School
Public,•6-8•1.6mi
7/10
Calle Mayor Middle School
Public,•6-8•1.8mi
8/10
Edward J. Richardson Middle School
Public,•6-8•2.1mi
9/10
West High School
Public,•9-12•1.2mi
9/10
South High School
Public,•9-12•2.1mi
Price History
Date
Event
Price
09/15/05
Sold
$690,000
Condition Rating
Excellent
Despite being built in 1920, this property has undergone a very recent and extensive renovation. The kitchen features new dark shaker cabinets, white countertops, a modern tile backsplash, and new stainless steel appliances. Both bathrooms are fully updated with modern vanities, stylish black and white tile flooring, and contemporary fixtures. New LVP flooring, fresh paint, and modern light fixtures are present throughout, indicating a virtually new interior with no deferred maintenance.
Pros & Cons
Pros
Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Desirable Coastal Location: Situated in Redondo Beach, a highly sought-after Southern California coastal community known for its lifestyle and amenities.
Access to Highly-Rated Schools: Proximity to multiple top-rated public schools (ratings 8-9) enhances its appeal to potential buyers prioritizing education.
Significant Historical Appreciation: The property has demonstrated substantial value growth since its last sale in 2005, indicating strong investment potential in a robust market.
Functional Bathroom Count: Offering two bathrooms for a one-bedroom residence provides exceptional convenience and flexibility for occupants.
Historic Architectural Character: Built in 1920, the home likely possesses unique architectural details and charm, appealing to buyers seeking character properties.
Cons
Limited Lot Size: An exceptionally small lot of 1,848 sqft significantly restricts outdoor living space and future expansion possibilities for a single-family residence.
Single Bedroom Configuration: The property's one-bedroom layout severely limits its target market, primarily appealing to singles or couples without children, potentially reducing buyer demand.
High Price-to-Value Ratio: The $1.4 million list price for a 1-bedroom, 1157 sqft home on a small lot may be perceived as high, potentially impacting market competitiveness.