348 Calle De Andalucia, Redondo Beach, California 90277, Redondo Beach, 90277 - 3 bed, 3 bath
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Redondo Beach, California 90277
This property presents a Strong Value Opportunity with a List Price of $1,799,000—positioned well below the $1,982,974 Fair Market Value by 9%. This valuation gap offers $183,974 in Instant Equity for buyers. Featuring a Fair Condition Rating (5/10), this 1948 fixer requires a full rehabilitation. The expansive 7,634 sqft lot, private pool, and proximity to top-rated schools like Montemalaga Elementary make this a Fix-and-Flip Investors or Contractors project with significant upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 348 Calle De Andalucia Subject | $1,799,000* List Price | 3 | 3 | 1,401 | $1,415 | - |
A 527 Camino De Encanto Sold | $2,225,000 | 3 | 2 | 1,512 | $1,472 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948 and explicitly listed as a 'fixer,' the property shows significant age-related wear. Interior images reveal highly dated bathrooms with visible wall stains, popcorn ceilings, and a lack of central HVAC (wall unit visible). The kitchen and systems appear to be well beyond their functional lifespan, requiring a full rehabilitation to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7634, living area = 1401.
Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: South High School (9/10).
Situated on an expansive 7,634 sqft corner lot in the prestigious Hollywood Riviera, this property offers significant land value and a desirable position on a picturesque, tree-lined street.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1401, other record living area = 1021.
Explicitly listed as a 'fixer,' the property will require a substantial investment in time and capital to modernize the 1948 structure and address deferred maintenance.
The property is currently tenant-occupied with strict 'do not walk' orders and limited showing availability, which may complicate the due diligence process and delay possession.
Lovely Hollywood Riviera fixer, situated on an extra-large corner lot along picturesque tree-lined streets. This three-bedroom, two-and-a-half-bath residence welcomes you through a charming enclosed front patio before opening into a warm and inviting living room with hardwood floors, a fireplace, and a sliding glass door that opens to the rear yard. The main level features a spacious galley kitchen, two bedrooms, one full bath, and a convenient half bath. The third bedroom has its own private entrance above the two-car garage and includes a full bath and walk-in closet, making it ideal for a home office, in-law quarters, guest suite, or artist’s studio. This unique lot spans over 7,600 square feet in a prime Hollywood Riviera location. The expansive backyard features a pool and offers plenty of space to relax, entertain, and enjoy the Southern California lifestyle. THIS PROPERTY IS TENANT OCCUPIED. DO NOT WALK ON PROPERTY! APPOINTMENT REQUIRED THROUGH LISTING AGENT ONLY.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,401 | 2,170 | 29% |
| Lot Size | 7,634 | 6,263 | 81% |
| Price | $1.80M | $2.50M | 29% |
| Price per sq ft | $1.3K | $1.2K | 65% |
| Built year | 1948 | 1953 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 121 | 3% |
Jun 3, 2026
$1,799,000
Initial Listing
Nov 24, 1972
$49,500
Public Record