501 N Irena Avenue, Redondo Beach, California 90277, Redondo Beach, 90277 - bed, bath

501 N Irena Avenue, Redondo Beach, California 90277 home-pic-0
ACTIVE$3,550,000
501 N Irena Avenue, Redondo Beach, California 90277
0Bed
0Bath
5,725Sqft
7,236Lot
Year Built
1965
Close
-
List price
$3.55M
Original List price
$4.2M
Price/Sqft
$620
HOA
-
Days on market
-
Sold On
-
MLS number
SB25067367
Home ConditionGood
Features
Good View: Coastline
Deck
ViewCoastline

About this home

We found 4 Cons,6 Pros. Rank: price - $3.55M(50th), sqft - 5725(50th), beds - undefined(50th), baths - undefined(50th).

Property Highlights: Remodeled Units: Each unit features newer kitchens and bathrooms, equipped with stainless steel appliances, tile floors, tubs, tile enclosures, sinks, and toilets. Modern Fixtures: Updated plumbing fixtures, newer doors, and hardware throughout the units. Quality Windows: Milgard dual-glazed vinyl windows ensure energy efficiency and comfort. Recent Roof: Roof replaced in 2009 for added peace of mind. Plumbing: Ninety percent of the plumbing is copper, and the drain lines are newer. Convenience: Washer and dryer units installed in multiple units. Electrical Upgrades: Extensive updating to electrical, lighting, and cable systems. Investment: Over $200,000 in upgrades. Views & Location: Scenic Views: All units offer a view of Palos Verdes, with one unit featuring an ocean view. Prime Location: Great corner location with nine easy access garages. Proximity: Close to the beach, parks, and schools, providing convenience and lifestyle benefits. Don't miss out on this exceptional property that combines modern living with a prime location. Contact us today to schedule a viewing and make this investment yours!

Nearby schools

8/10
Towers Elementary School
Public,K-50.6mi
8/10
Victor Elementary School
Public,K-51.1mi
9/10
Alta Vista Elementary School
Public,K-51.4mi
9/10
Anza Elementary School
Public,K-51.4mi
9/10
Tulita Elementary School
Public,K-51.9mi
9/10
Seaside Elementary School
Public,K-52.2mi
8/10
Riviera Elementary School
Public,K-52.8mi
8/10
Bert M. Lynn Middle School
Public,6-81.2mi
8/10
Jefferson Middle School
Public,6-81.9mi
7/10
Calle Mayor Middle School
Public,6-82.5mi
8/10
Edward J. Richardson Middle School
Public,6-82.8mi
9/10
West High School
Public,9-121.0mi
9/10
South High School
Public,9-122.8mi

Price History

Date
Event
Price
09/10/25
Sold
$3,150,000
04/29/09
Sold
$466,000
Condition Rating
Good

The property, built in 1965, has undergone extensive and recent renovations, including 'newer kitchens and bathrooms' with stainless steel appliances, updated plumbing (90% copper, newer drain lines), and electrical systems. The images confirm modern kitchens with shaker cabinets, quartz/granite countertops, and recessed lighting in several units, along with updated bathrooms. While the roof was replaced 15 years ago (2009), and the original structure is older, the significant investment of over $200,000 in upgrades ensures the property is move-in ready with well-maintained systems and minimal wear and tear, fitting the criteria for a 'Good' condition score.
Pros & Cons

Pros

Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Extensive Modernization: Over $200,000 invested in recent upgrades, including newer kitchens, bathrooms, stainless steel appliances, updated plumbing fixtures, doors, hardware, electrical, lighting, and cable systems across units.
Updated Core Infrastructure: Key components like the roof (replaced 2009), 90% copper plumbing, and newer drain lines provide enhanced durability and reduced immediate capital expenditure concerns.
Premium Coastal Location & Views: Situated on a prime corner in Redondo Beach, offering proximity to the beach, parks, and highly-rated schools. All units feature Palos Verdes views, with one unit boasting an ocean view.
Enhanced Tenant Comfort & Amenities: Milgard dual-glazed vinyl windows contribute to energy efficiency and comfort, complemented by in-unit washer/dryers in multiple units and nine easy-access garages.
Strong School District Access: Located within a district featuring multiple highly-rated elementary and high schools (e.g., Alta Vista, West High with 9 ratings), appealing to families and supporting long-term value.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-10. The sold price is $3,150,000.00.
Age of Original Structure: Built in 1965, the underlying structure is nearly 60 years old, which, despite extensive renovations, may still carry inherent maintenance considerations or limitations compared to newer construction.
Significant Price Adjustment: The property has seen a substantial price reduction from its original list price of $4.2 million to $3.55 million, potentially indicating an initial overvaluation or market resistance.
Aging 'Recent' Roof: While replaced in 2009, the roof is now 15 years old, approaching the typical end of life for some roofing materials, which could necessitate future replacement costs.

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