601 S Prospect 103, Redondo Beach, California 90277, Redondo Beach, 90277 - 1 bed, 1 bath
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Redondo Beach, California 90277
This Strong Value Opportunity is a 1-bedroom, 1-bath condominium listed at $449,975, positioned well below the $477,862 Fair Market Value by 5%. This valuation gap offers $27,887 in Instant Equity for buyers. Featuring a Condition Rating of 4, this cosmetic fixer includes a granite kitchen and private patio. Located in the Redondo Unified School District near top-rated schools like Alta Vista Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity in a coastal community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 S Prospect 103 Subject | $449,975* List Price | 1 | 1 | 709 | $674 | - |
A 607 S Prospect Sold | $547,000 | 1 | 1 | 669 | $818 | - |
B 635 S Prospect #103 Sold | $540,000 | 2 | 2 | 990 | $545 | 0.1 mi |
C 906 Camino Real 202 Active Under Contract | $525,000 List Price | 1 | 1 | 750 | $700 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970 and explicitly described as a 'cosmetic fixer,' the property is dated and requires aesthetic updates. While the kitchen features granite countertops, the cabinetry and appliances appear to be over 20 years old, and the overall interior needs modernization to meet current market standards.
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Positioned as one of the lowest-priced opportunities in Redondo Beach, this property offers significant potential for investors or first-time buyers to build instant equity.
Located in Brookside Village, the property provides access to premium amenities including two pools, a spa, tennis courts, a fitness center, and a clubhouse set amidst lush grounds.
As a cosmetic fixer, the unit requires immediate investment in labor and materials to update the interior and realize its full market potential.
The monthly association fee of $622 is relatively high for a one-bedroom unit, which may impact overall affordability and monthly cash flow for owners.
Opportunity knocks in the highly sought-after Brookside Village community of Redondo Beach! Bring your paintbrush, hammer, and imagination to transform this cosmetic fixer into your own coastal masterpiece. Priced to sell quickly and currently one of the lowest-priced opportunities in Redondo Beach, this move-in ready 1-bedroom, 1-bath home offers over 700 square feet of bright, open living space with unlimited potential to update and customize to your personal style. The open floor plan features a kitchen with granite countertops, a center island, and European-style white cabinetry that flows seamlessly into the spacious living room, while sliding glass doors open to an oversized private patio perfect for relaxing or entertaining. Carport parking for 2, 1 covered other is open. Enjoy resort-style amenities including pools, spa, tennis courts, fitness center, clubhouse, lush landscaped grounds, and tranquil streams. Just minutes from the beach, The Strand, Redondo Beach Pier, Riviera Village, shopping, dining, parks, and award-winning schools, this is an incredible opportunity for first-time buyers, investors, or anyone looking to build instant equity in one of the South Bay’s most desirable beach communities. Don’t miss your chance to own in Redondo Beach at an exceptional value—this one is priced to sell fast!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 709 | 1,215 |
| Lot Size | 147,074 | 22,178 |
| Price | $450.0K | $905.1K |
| Price per sq ft | $635 | $783 |
| Built year | 1970 | 1977 |
| HOA | $622.0 | $505 |
| Days on market | 5 | 51 |
Jul 17, 2026
$449,975
Initial Listing