405 Pearl Street, Redondo Beach, California 90277, Redondo Beach, 90277 - 4 bed, 2 bath
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Redondo Beach, California 90277
This Coastal Value Residence is a Strong Value Opportunity, listed at $1,899,950—positioned well below the $1,919,150 Fair Market Value by 1%. This valuation gap offers $19,200 in Instant Equity for buyers. While the property holds a Fair Condition Rating due to its original 1961 finishes, the functional 4-bedroom layout and Peek-A-Boo Ocean View provide significant equity-building potential through cosmetic updates. Located in the premier Redondo Unified School District near Alta Vista Elementary (9/10), it perfectly balances coastal lifestyle with financial upside. This is an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 405 Pearl Street Subject | $1,750,000* List Price | 4 | 2 | 1,884 | $973 | - |
A 904 Vincent Street Sold | $1,500,000 | 4 | 2 | 1,400 | $1,071 | 0.6 mi |
B 907 Diamond Street Active | $1,600,000 List Price | 4 | 3 | 1,594 | $1,004 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this home is well-maintained and functional but features dated finishes throughout. The kitchen has been partially updated with granite countertops and wood cabinetry, likely 15-25 years ago, but retains older appliances. Other interior elements, such as the parquet wood flooring, louvered closet doors, and carpeting, show significant age and do not meet modern luxury standards, placing it firmly in the fair category.
Elementary School: Alta Vista Elementary School (9/10). High School: South High School (9/10).
Situated in a highly desirable South Bay neighborhood, this home is within walking distance to the Redondo Beach Pier, beach, parks, and local dining.
The property is located within the Redondo Unified School District, consistently ranked as one of the top 10 school districts in Los Angeles County.
With a lot size of 3,110 square feet, the outdoor space is relatively compact for a home of this size, which may limit yard utility and privacy.
Built in 1961, the property may require significant capital investment for modernizing systems and finishes to meet contemporary luxury standards.
Location, Location, Location! This beautiful two story single-family 4-bedroom, 2-bathroom home located near the Redondo Beach Pier offers comfortable living in one of the South Bay’s most desirable coastal neighborhoods. The home features a bright, functional layout with plenty of room for everyday living and entertaining. The kitchen opens to the main living areas, creating a welcoming space for meals, homework, and family time. The primary bedroom and bathroom located upstairs provides a private retreat. Three bedrooms and bathroom located downstairs offer great options for kids, guests, or a home office. The balcony is perfect for relaxing, barbecuing or enjoying the ocean breeze. Walking distance to the beach, pier, parks, restaurants, shops. This home is located in one of the top 10 best School Districts in Los Angeles County.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,884 | 2,170 | 42% |
| Lot Size | 3,110 | 6,260 | 10% |
| Price | $1.75M | $2.50M | 28% |
| Price per sq ft | $929 | $1.2K | 30% |
| Built year | 1961 | 1954 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 121 | 14% |
May 31, 2026
$1,750,000
$1,899,950
-8% Price Drop
Initial Listing
Apr 3, 2026
$1,899,950
Initial Listing