606 Phelan Lane, Redondo Beach, California 90278, Redondo Beach, 90278 - 3 bed, 1 bath

606 Phelan Lane
Redondo Beach, California 90278
Property Price
SUMMARY
Analysis of 606 Phelan Lane, Redondo Beach, California 90278 reveals a property with a current list price of $1,440,000, which is 5% above the estimated $1,360,168 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Redondo Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 606 Phelan Lane Subject | $1,440,000* List Price | 3 | 1 | 918 | $1,482 | - |
A 2519 Ralston Lane Sold | $1,298,000 | 3 | 2 | 1,042 | $1,246 | 0.2 mi |
B 1300 Firmona Avenue Sold | $1,150,000 | 3 | 1 | 1,034 | $1,112 | 0.5 mi |
C 2004 Havemeyer Lane Sold | $1,330,000 | 3 | 1 | 1,029 | $1,293 | 0.6 mi |
D 2600 Alvord Lane Sold | $1,265,000 | 2 | 2 | 972 | $1,301 | 0.2 mi |
E 2617 Alvord Lane Sold | $1,444,000 | 3 | 2 | 1,211 | $1,192 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation, featuring a fully remodeled kitchen with new stainless-steel appliances, updated bathrooms, new flooring, and recessed lighting throughout. With fresh exterior paint, new landscaping, and a finished garage, the home is in turnkey condition with no deferred maintenance, meeting the criteria for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-05-28. The sold price is $1,030,000.00. The property was recently sold within the past year on 2025-05-23. The sold price is $950,000.00.
About 606 Phelan Lane
Price reduction. Motivated seller ready to make a deal. Huge private backyard! Welcome to North Redondo Beach — one of the South Bay’s most desirable and conveniently located communities! Here you can enjoy the best of both worlds: the relaxed coastal lifestyle and easy city access. Just a few minutes from the ocean, award-winning schools, and neighborhood parks, this area is perfect for those who appreciate the South Bay way of living. This 1-level, 3-bedroom home showcases thoughtful upgrades and meticulous attention to detail. Bathed in natural sunlight, and backing up to a neighborhood park, this property is waiting for the most discerning buyer. Recent improvements include new flooring, a remodeled kitchen and bathroom, recessed lighting, window moldings, new doors, stainless-steel appliances, and a stacked washer/dryer conveniently located inside the main house. The exterior has been freshly painted and features new landscaping and new iron gates that enhance both curb appeal and security. Every feature has been carefully selected to provide comfort, functionality, and modern style. A fully finished garage with waterproof flooring and smooth drywall, providing the versatility to enjoy it as an additional living space. Set on a large flat lot with mature fruit trees, the property offers endless possibilities. From creating your dream backyard with a pool, outdoor kitchen, or cabana, to adding an ADU, it's your opportunity for your inner designer to shine. Enjoy the inviting extra-wide, covered patio, with recessed lights w/ dimmers and fans. Commuters will love the quick freeway access, while still being close to gyms, markets, and top-rated schools. North Redondo is celebrated for its strong sense of community, family-friendly vibe, and exceptional value compared to neighboring beach cities — minutes away from the sand, surf, and sunsets. Don’t miss this rare opportunity to own a turnkey home with room to grow in one of the South Bay’s most sought-after neighborhoods!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 5,509 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redondo Beach Unified Schools
Washington Elementary School
Grades K-5 • 0.3 mi
Jefferson Elementary School
Grades K-5 • 0.9 mi
Adams Middle School
Grades 6-8 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | 918 | 1,681.5 | 13% |
| Lot Size | 5,509 | 5,166 | 66% |
| Price | $1.44M | $1.50M | 39% |
| Price per sq ft | $1.6K | $948 | 95% |
| Built year | 1953 | 1955 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 149 | 9% |
Pricing History
Listed for Sale
Feb 20, 2026
$1,440,000
$1,499,999
-4% Price Drop
Initial Listing
Price Change
Jan 27, 2026
$1,499,999
Initial Listing
Sold
May 28, 2025
$1,030,000
Public Record
Sold
May 23, 2025
$950,000
Public Record




























