464 Calle De Castellana, Redondo Beach, California 90277, Redondo Beach, 90277 - 3 bed, 2 bath
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Redondo Beach, California 90277
This property presents a High-Potential Investment Opportunity with a List Price of $2,795,000—positioned well above the $2,689,503 Fair Market Value by -3%. While currently priced at a premium, the Condition Rating of 5 indicates significant value-add potential through a full-scale renovation. The elevated 8,207 sqft lot offers panoramic ocean and coastline views and proximity to top-rated schools like Montemalaga Elementary. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to customize a premier Riviera location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 464 Calle De Castellana Subject | $2,595,000* List Price | 3 | 2 | 2,113 | $1,256 | - |
A 214 Calle De Sirenas Sold | $2,627,000 | 3 | 2 | 1,650 | $1,592 | 0.6 mi |
B 420 Via Malaga Sold | $2,700,000 | 4 | 2 | 2,812 | $960 | 0.6 mi |
C 309 Via Linda Vista Sold | $2,100,000 | 3 | 2 | 1,990 | $1,055 | 0.2 mi |
D 527 Camino De Encanto Sold | $2,225,000 | 3 | 2 | 1,512 | $1,472 | 0.7 mi |
E 208 Via La Circula Pending | $2,399,000 List Price | 3 | 2 | 1,517 | $1,581 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953, the home appears to be in mostly original condition. The kitchen features dated blue tile and old wood cabinetry, while the bathroom retains 1950s-style pink tiling and fixtures. With no evidence of major renovations in over 50 years, the property requires a full rehab of its primary systems, kitchen, and baths to meet modern standards.
Elementary School: Montemalaga Elementary School (10/10). Middle School: Palos Verdes Intermediate School (9/10). High School: South High School (9/10).
The property occupies an elevated position providing rare, sweeping views of the Pacific Ocean, coastline, King Harbor, and mountains, which serves as a primary value driver.
Situated on one of the Hollywood Riviera's most prestigious streets, the oversized 8,207 square foot lot offers significant space and privacy within walking distance to Riviera Village.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1953, the home likely requires significant capital expenditure for modernizing systems, finishes, and energy efficiency to meet the expectations of today's luxury buyers.
The layout, featuring all bedrooms on the ground level and the main family room upstairs, may be less desirable for buyers seeking a traditional open-concept main floor that integrates living spaces with the primary views.
On one of Riviera's most sought-after streets sits an absolute hidden gem with endless potential. Home is on an elevated 8200 square foot lot with incredible ocean, coastline, King Harbor, city light and mountain views! Large back yard boasts a cozy patio with garden and grassy area great for kids. Ground level has all 3 bedrooms including large primary suite, spacious living room and kitchen. Upstairs is a large family room with views that are a must see! Close to beach and popular Riviera Village with inviting restaurants and boutique shopping.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,113 | 2,170 | 48% |
| Lot Size | 8,207 | 6,263 | 86% |
| Price | $2.60M | $2.51M | 54% |
| Price per sq ft | $1.2K | $1.2K | 57% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 121 | 4% |
Jun 5, 2026
$2,595,000
$2,795,000
-7% Price Drop
Initial Listing
May 27, 2026
$2,795,000
Initial Listing