424 S Broadway, Redondo Beach, California 90277, Redondo Beach, 90277 - 0 bed, 0 bath
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424 S Broadway
Redondo Beach, California 90277
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,008Sq Ft
6,397Lot Size
Property Price
LIST PRICE$2,300,000
SUMMARY
Analysis of 424 S Broadway, Redondo Beach, California 90277 is currently available with a list price of $2,300,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Redondo Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1917 and, while 'partially updated,' remains dated. The kitchen features newer vinyl flooring but retains older cabinetry and appliances. Given the age of over 100 years and the presence of non-conforming units, systems are likely aged, and the property requires minor repairs and aesthetic modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
- Prime Coastal Location
Situated just two blocks from the beach and west of PCH, this property occupies a highly coveted South Redondo location that ensures strong long-term appreciation and high tenant demand.
- Versatile Investment Potential
The property features four detached bungalow-style units on a generous 6,397 sqft lot, offering multiple strategies including rental income, owner-occupancy, or future redevelopment.
CONSRISKS & DEFICIENCIES
- Non-Conforming Units
While used as a quadruplex, tax records only reflect a single-family residence; these non-conforming units may present significant challenges for traditional financing and city compliance.
- Century-Old Infrastructure
Built in 1917, the property likely requires substantial ongoing maintenance or major system upgrades to address the wear and tear associated with a 100+ year-old structure.
About 424 S Broadway
West of Pacific Coast Hwy and just 2 blocks from the beach this property is filled with opportunity. This versatile property offer endless potential, may it be owner-occupied, strictly rental income, or development possibilities. Tax records reflect a 2 bedroom, 1 bathroom house with 1,008 sq feet but the property holds an additional 3 non-conforming units consisting of a studio and 2 units that are 1 bedroom and 1 bathroom. The detached bungalow style units have no adjoining walls and a shared laundry on site. All units have been partially updated.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1917
- Lot Size
- 6,397 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redondo Beach Unified Schools
Alta Vista Elementary School
Grades K-5 • 0.7 mi
9/10
Tulita Elementary School
Grades K-5 • 1.1 mi
9/10
Anza Elementary School
Grades K-5 • 1.2 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.2 |
| Square foot | 1,008 | 2,849.583 |
| Lot Size | 6,397 | 6,872.833 |
| Price | $2.30M | $2.01M |
| Price per sq ft | $2.3K | $730 |
| Built year | 1917 | 1939 |
| HOA | $0 | $0 |
| Days on market | 48 | 73 |
Pricing History
Listed for Sale
Jul 23, 2026
$2,300,000
Initial Listing
Sold
May 10, 2016
$1,450,000
Public Record
Sold
Nov 6, 2014
$2,800,000
Public Record