420 Via Malaga, Redondo Beach, California 90277, Redondo Beach, 90277 - 4 bed, 2 bath
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Redondo Beach, California 90277
This High-Potential Coastal Asset is a Strong Value Opportunity, listed at $2,298,000—positioned well below the $2,551,129 Fair Market Value by 9%. This valuation gap provides $253,129 in Instant Equity for buyers ready to revitalize this Fair Condition Rating fixer. Set on a rare 8,999 sqft lot in the Hollywood Riviera, the property features Panoramic Ocean Views and access to Top-Rated Schools like Montemalaga Elementary (10/10). It is a premier acquisition for Fix-and-Flip Investors or Developers seeking a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 Via Malaga Subject | $2,298,000* List Price | 4 | 2 | 2,812 | $907 | - |
A 205 Via Los Altos Sold | $2,200,000 | 5 | 4 | 2,685 | $819 | 1.0 mi |
B 438 Calle De Aragon Sold | $2,610,000 | 5 | 4 | 2,988 | $873 | 0.5 mi |
C 445 Calle Mayor Sold | $2,030,000 | 3 | 2 | 2,427 | $836 | 0.7 mi |
D 309 Via Linda Vista Sold | $2,100,000 | 3 | 2 | 1,990 | $1,055 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property is a well-maintained 'fixer' that remains largely in its original state. While the interior shows pride of ownership with fresh paint, new light fixtures, and original hardwood floors, the kitchen and bathrooms feature dated mid-century tiling and styles. The home is functional and livable, but the infrastructure and aesthetic components require significant updates to meet modern standards, placing it firmly in the fair category.
Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: South High School (9/10).
Situated in the prime Hollywood Riviera, the property boasts breathtaking, unobstructed views of the Pacific Ocean, coastline, and Malibu from multiple vantage points, including the primary living areas and bedrooms.
Set on a generous 8,999 sqft lot, this property offers a rare opportunity to renovate, reimagine, or build a custom luxury estate in a high-demand neighborhood with substantial equity growth potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2812, other record living area = 2148.
The home is explicitly sold in 'as-is' fixer condition, requiring a buyer prepared for a comprehensive renovation or a complete rebuild to address its 1954-era state.
The property retains original mid-century elements and finishes that likely necessitate significant capital expenditure for mechanical, electrical, and aesthetic updates to meet modern luxury standards.
Set on a large view lot in a prime Hollywood Riviera location, this home offers an exceptional opportunity to create something truly special. With spectacular views of the ocean, coastline and Malibu, this property presents endless potential for those looking to renovate, reimagine or build more extensively. Whether you choose to update the existing home, enjoy it as-is while planning your vision, or pursue a more significant remodel, the setting and view are the standout features that make this property so compelling. Entry begins through gates that open to a private courtyard, where the stunning views immediately make an impression. A charming Dutch door welcomes you inside to a home filled with character and natural light. The spacious living room features a fireplace and serves as the heart of the home, with large windows and access points that help draw attention to the beautiful coastal backdrop. Original hardwood floors run through much of the interior, while fresh paint and new light fixtures add a clean, updated feel. The kitchen includes an eat-in area and opens through sliding doors to a back porch deck, creating an easy connection to the outdoor spaces. Multiple sliding doors throughout the home lead to the grassy backyard, where the ocean views continue and there is plenty of room to enjoy the outdoors or possibly expand the footprint over time. Two of the bedrooms capture stunning ocean and coastline views, adding to the home’s appeal and reinforcing the value of the location. The home’s two bathrooms retain their original mid-century tile work, offering a nod to its architectural roots and vintage charm. A separate family room provides valuable flex space and could be completely reworked into a completely different use. In addition, a bonus room off the garage offers even more versatility and would work well as a playroom, office, studio or hobby space. This is a fixer and is being sold as such, offering a rare chance to secure a view property with substantial upside. Live in it now with some work, renovate over time, or transform it into something entirely new.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 2,812 | 2,170 | 68% |
| Lot Size | 8,999 | 6,182 | 89% |
| Price | $2.30M | $2.44M | 46% |
| Price per sq ft | $817 | $1.1K | 16% |
| Built year | 1954 | 1952 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 139 | 2% |
Apr 17, 2026
$2,298,000
Initial Listing