537 S Helberta Avenue, Redondo Beach, California 90277, Redondo Beach, 90277 - 2 bed, 1 bath

537 S Helberta Avenue, Redondo Beach, California 90277 home-pic-0
ACTIVE$1,950,000$1,052/sqft
Est. Value: $1,689,664
-13%
AboveEstimate
537 S Helberta Avenue, Redondo Beach, California 90277
2Beds
1Bath
1,052Sqft
4,859Lot

Price Vs. Estimate

The estimated value ($1,689,663.735) is $260,336.265 (13%) lower than the list price ($1,950,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-03-28. The sold price is $1,590,000.00.

Compared to the nearby listings

Price:$1.95M vs avg $2.10M ($-150,000)42%
Size:1,052 sqft vs avg 1,907 sqft8%
Price/sqft:$1.9K vs avg $1.1K97%

More Insights

Built in 1940 (86 years old).
Condition: The property, built in 1940, is explicitly described as an existing cottage with 'minimal intrinsic value' and 'intended for demolition or extensive renovation, not immediate use as a primary residence.' The listing focuses entirely on the permit-ready plans for a new 3,055 sqft home, indicating the current structure is unlivable and its value is solely in the land and redevelopment potential.
Year Built
1940
Close
-
List price
$1.95M
Original List price
$1.95M
Price/Sqft
$1,854
HOA
-
Days on market
-
Sold On
-
MLS number
SB26003071
Home ConditionTear down
Features
Excellent View: Neighborhood, Ocean
Deck
ViewNeighborhood, Ocean

About this home

This coastal cottage presents an extraordinary, permit-ready opportunity to create a stunning ocean-view home. The fully designed and approved plans call for a beautifully reimagined 3,055-square-foot residence featuring 5 bedrooms and 3.5 baths, a gourmet kitchen with dining area, expansive great-room living, and a wraparound deck designed to capture exceptional panoramic ocean views. The architectural plans for the remodel and second-story addition are fully stamped, approved, and permitted, allowing construction to begin immediately upon close of escrow. Estimated completion is approximately one year, saving 8–10 months compared to starting the design and approval process from scratch. The owners have thoughtfully designed a spectacular two-story Coastal Plantation-style home, featuring white horizontal siding, white brick accents, tan wood shutters, and a matching garage door. Entry begins at a covered front porch leading into a welcoming foyer. Guests are drawn upstairs to a dramatic second level showcasing an open-concept gourmet kitchen, dining area, and great room, all opening to a wraparound sit-down ocean-view deck. An additional upper-level living space enhances flexibility and comfort. The lower level includes a luxurious primary suite with a spa-like bathroom and private deck, along with two additional bedrooms and a full bath. The thoughtfully planned square footage offers a highly livable and efficient layout. Located on the “Rodeo Drive” of the South Redondo Beach Hill Section, this is a rare chance to fast-track the creation of a virtually new coastal home. With the existing construction bid and contractor, a buyer can complete this remarkable residence for under $3,300,000. Plans and budget are available upon request. Plans are included in the sale. Stake your claim to an exceptional opportunity to build your dream ocean-view home.

R
Robb Stroyke
Listing Agent

Nearby schools

9/10
Alta Vista Elementary School
Public,K-50.4mi
9/10
Tulita Elementary School
Public,K-50.8mi
9/10
Anza Elementary School
Public,K-51.0mi
8/10
Victor Elementary School
Public,K-51.3mi
9/10
Seaside Elementary School
Public,K-51.4mi
8/10
Towers Elementary School
Public,K-51.5mi
8/10
Riviera Elementary School
Public,K-51.8mi
8/10
Jefferson Middle School
Public,6-81.5mi
7/10
Calle Mayor Middle School
Public,6-81.5mi
8/10
Bert M. Lynn Middle School
Public,6-81.7mi
8/10
Edward J. Richardson Middle School
Public,6-81.8mi
9/10
West High School
Public,9-121.3mi
9/10
South High School
Public,9-121.8mi

Price History

Date
Event
Price
03/28/25
Sold
$1,590,000
Condition Rating
Tear down

The property, built in 1940, is explicitly described as an existing cottage with 'minimal intrinsic value' and 'intended for demolition or extensive renovation, not immediate use as a primary residence.' The listing focuses entirely on the permit-ready plans for a new 3,055 sqft home, indicating the current structure is unlivable and its value is solely in the land and redevelopment potential.
Pros & Cons

Pros

Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Permit-Ready Development Opportunity: Fully approved and permitted architectural plans for a 3,055 sqft, 5-bed, 3.5-bath ocean-view home, allowing immediate construction and saving significant time (8-10 months) on the design and approval process.
Exceptional Panoramic Ocean Views: The proposed design maximizes stunning panoramic ocean views from key living areas and a wraparound deck, enhancing the property's appeal and future value.
Prime 'Hill Section' Location: Situated in the highly desirable 'Rodeo Drive' area of the South Redondo Beach Hill Section, offering prestige and strong appreciation potential in a sought-after coastal community.
Modern & Luxurious Design: The approved plans detail a spectacular two-story Coastal Plantation-style home with an open-concept gourmet kitchen, expansive great room, and a luxurious primary suite with a spa-like bathroom.
Access to Highly-Rated Schools: Located within the Redondo Unified High School District, with access to several top-rated elementary, middle, and high schools, a significant draw for families.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-03-28. The sold price is $1,590,000.00.
Substantial Additional Investment Required: The listed price is for the land and plans; buyers must budget an estimated additional $3.3 million (total project cost) for construction, representing a significant financial commitment beyond the purchase price.
Extended Construction Timeline: Despite being permit-ready, the project still requires approximately one year for construction completion, delaying immediate occupancy and requiring interim housing arrangements.
Current Structure's Limited Value: The existing 1940s cottage (2 beds, 1 bath, 1052 sqft) holds minimal intrinsic value and is intended for demolition or extensive renovation, not immediate use as a primary residence.
Browse Properties by State Browse housing market trends by state