
Redondo Beach, California 90277
This Rare Coastal Triplex Compound is a unique residential income property in South Redondo Beach, listed at $2,299,000. While positioned above the $2,052,738 Fair Market Value, the price reflects the scarcity of three freestanding bungalows on an expansive 10,135 Square Foot Corner Lot. Featuring a Fair Condition Rating, the property offers value-add potential through infrastructure updates. Located within the Redondo Unified School District near Alta Vista Elementary (9/10) and South High School (9/10), it balances investment logic with coastal lifestyle. This is a premier opportunity for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 610 Carnelian Subject | $2,299,000* List Price | 7 | 3 | 2,546 | $806 | - |
A 227 S Juanita Sold | $1,880,000 | 0 | 0 | 2,476 | $759 | 0.7 mi |
B 220 S Broadway Sold | $1,925,000 | 0 | 0 | 2,296 | $838 | 0.6 mi |
C 507 N Helberta Active | $2,795,000 List Price | 0 | 0 | 2,956 | $946 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1909, this triplex of bungalows is well-maintained and charming but shows signs of its age. While the kitchens have been partially updated with stainless steel appliances and stone countertops, the cabinetry remains dated. The bathrooms feature a clean, vintage-inspired aesthetic with clawfoot tubs and beadboard. However, the utility and laundry areas reveal deferred maintenance with exposed brick and peeling plaster. The property is functional and move-in ready for a vintage home, but the age of the structures and the mix of older systems and partial updates align with a 'fair' condition rating.
Elementary School: Alta Vista Elementary School (9/10). High School: South High School (9/10).
The property features three freestanding California bungalows on a single lot, providing exceptional privacy and versatility for owner-users to live in one while generating income from the others.
Situated in highly desirable South Redondo Beach, the property is steps away from the Redondo Beach Pier, fine dining, and world-class coastline, ensuring high rental demand.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
With an original build date of 1909, the property may require significant capital expenditures for updates to aging infrastructure and structural systems.
Managing three separate freestanding structures and their individual yards typically results in higher maintenance costs and more complex property management compared to a single-building multi-family unit.
Situated on a spacious corner lot, this is one of the most unique and special properties in South Redondo Beach. The property is comprised of three freestanding California bungalows, each featuring its own private yard—offering a rare blend of privacy and versatility. Ideal for owner-users, the setup provides the opportunity to live in one home while generating income from two highly desirable rental units. Investors will also appreciate the strong upside potential and flexibility this property offers. Conveniently located near shopping, fine dining, the Redondo Beach Pier, and some of the most beautiful coastline in the world, this is truly a one-of-a-kind opportunity in a premier beachside community.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 0.0 | 89% |
| Baths | 3.0 | 0.0 | 67% |
| Square foot | 2,546 | 2,476 | 56% |
| Lot Size | 10,135 | 6,019 | 89% |
| Price | $2.30M | $1.93M | 78% |
| Price per sq ft | $903 | $764 | 67% |
| Built year | 1909 | 1954 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 106 | 11% |
Apr 12, 2026
$2,299,000
Initial Listing