601 Carnelian, Redondo Beach, California 90277, Redondo Beach, 90277 - 0 bed, 0 bath
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601 Carnelian
Redondo Beach, California 90277
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,784Sq Ft
4,992Lot Size
Property Price
LIST PRICE$1,800,000
EST. MARKET VALUE
$1,902,108
5% BelowMARKET VALUE
SUMMARY
This Dual-Building Residential Income Asset is a Strong Value Opportunity, listed at $1,800,000—positioned well below the $1,897,742 Fair Market Value by 5%. This valuation gap offers $97,742 in Instant Equity. Featuring a Fair Condition Rating, the property includes a West-Facing Deck and a Detached Two-Car Garage. Located in a top-tier school district with multiple 9/10 rated schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income in a prime coastal location.
Estimated Market Value
$1,902,108+$102,108 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Redondo Beach.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 Carnelian Subject | $1,800,000* List Price | 0 | 0 | 1,784 | $1,066 | - |
A 218 N Broadway Sold | $1,300,000 | 0 | 0 | 1,238 | $1,050 | 0.3 mi |
B 218 N Broadway Sold | $1,300,000 | 2 | 2 | 1,238 | $1,050 | 0.3 mi |
C 225 N Juanita Pending | $1,849,900 List Price | 0 | 0 | 2,496 | $741 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1932, this duplex presents a split condition. While the front unit has 'custom updates' and appears clean with newer carpet and paint in photos, the back unit is explicitly described as needing 'your own touches,' indicating it is dated. Given the overall age of over 90 years and the need for updates in the secondary structure, it falls into the Fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
- Prime Coastal Location
Situated in the highly desirable South Redondo Beach community, the property is just one block from PCH and within walking distance to the beach, dining, and shopping.
- Dual-Building Configuration
Featuring two separate buildings rather than a shared-wall structure, this duplex offers superior privacy and flexibility for owner-occupants or high-end rental potential.
CONSRISKS & DEFICIENCIES
- Renovation Requirements
The back unit is noted as needing personal touches, indicating that the buyer will likely face immediate capital expenditures to modernize the space and maximize rental income.
- Aging Infrastructure
With an original build date of 1932, the property may present challenges related to vintage construction, potentially requiring updates to electrical, plumbing, or structural components.
About 601 Carnelian
Just one block from Pacific Coast Hwy, this charming duplex offers an exceptional investment or owner-occupant opportunity in the highly desirable South Redondo Beach community. The property features two separate buildings, each with two bedrooms and one bathroom providing privacy and flexibility. The front unit boasts of custom updates, while the back unit offers the opportunity to add your own touches. Enjoy the west facing front deck on the front house along with the convenience of a detached two-car garage. Ideally situated close to shopping, dining and the beach, this property combines coastal living with everyday convenience.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1932
- Lot Size
- 4,992 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
Towers Elementary School
Grades K-5 • 0.7 mi
8/10
Victor Elementary School
Grades K-5 • 1.3 mi
8/10
Alta Vista Elementary School
Grades K-5 • 1.4 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 | 1,784 | 2,849.583 |
| Lot Size | 4,992 | 6,872.833 |
| Price | $1.80M | $2.01M |
| Price per sq ft | $1.0K | $730 |
| Built year | 1932 | 1939 |
| HOA | $0 | $0 |
| Days on market | 42 | 73 |
Pricing History
Listed for Sale
Jul 29, 2026
$1,800,000
Initial Listing
Sold
Aug 5, 2016
$1,265,000
Public Record
Sold
Mar 29, 2000
$465,000
Public Record
Sold
May 15, 1996
$297,500
Public Record