616 S Gertruda Avenue, Redondo Beach, California 90277, Redondo Beach, 90277 - 5 bed, 5 bath

616 S Gertruda Avenue
Redondo Beach, California 90277
Property Price
SUMMARY
Analysis of 616 S Gertruda Avenue, Redondo Beach, California 90277 reveals a Prime Investment Opportunity with a current list price of $2,995,000—significantly undercutting the $3,127,312 Fair Market Value by 4%. This valuation gap indicates a +$132,312 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 616 S Gertruda Avenue Subject | $2,995,000* List Price | 5 | 5 | 3,030 | $1,032 | - |
A 626 Elvira Avenue Sold | $2,255,000 | 5 | 3 | 2,438 | $925 | 0.2 mi |
B 1237 S Gertruda Sold | $2,685,000 | 4 | 4 | 2,452 | $1,095 | 0.5 mi |
C 1069 Avenue D Sold | $2,460,000 | 3 | 3 | 2,942 | $836 | 0.7 mi |
D 1007 S Prospect Ave Sold | $2,700,000 | 5 | 5 | 3,875 | $697 | 0.5 mi |
E 1003 S Prospect Ave Sold | $2,587,500 | 5 | 5 | 3,614 | $716 | 0.5 mi |
F 1325 S Gertruda Avenue Sold | $3,575,000 | 5 | 5 | 3,554 | $1,006 | 0.7 mi |
G 1219 S Irena Active Under Contract | $3,299,000 List Price | 5 | 5 | 3,991 | $827 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1937, this historical landmark has been extensively renovated within the last 5 years to meet modern luxury standards. The kitchen features brand new eco-engineered countertops and high-end Wolf and Sub-Zero appliances. The interior boasts newly refinished hardwood floors, updated bathrooms including a primary suite with a steam shower and jetted tub, and well-maintained systems, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
- Historical Landmark & Tax Incentives
As 'The Waller House' (Historical Landmark No. 10), this property is Mills Act-approved, providing the owner with substantial property tax savings in exchange for preserving its unique architectural heritage.
- Prime Coastal Location
Located just 3.5 blocks from the beach on a coveted South Redondo street, the home offers breathtaking west-facing ocean views and a peaceful, resort-like atmosphere.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3030, other record living area = 2554. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Preservation Restrictions
The historical landmark designation and Mills Act status may impose strict limitations on exterior modifications and renovations, potentially restricting a buyer's ability to modernize the facade.
- Reverse Floorplan Layout
The primary living spaces are located on the upper level to maximize views, which may be less desirable for buyers who prefer traditional layouts or wish to avoid frequent stair usage.
About 616 S Gertruda Avenue
OFFER DEADLINE: Thursday, March 5th @ 12pm. Nestled on one of the most coveted streets in South Redondo Beach, this enchanting 1937 Spanish-style estate is historical landmark No. 10, ‘The Waller House’, according to city records. Owning a piece of Redondo Beach’s history means it is Mills Act-approved (an economic incentive program in California for the restoration and preservation of qualified historic buildings by property owners) and offers SUBSTANTIAL tax benefits/savings! From the moment you arrive, you will be captivated by the character, lush landscaping, and the 25 iconic palm trees that adorn the perimeter. Inside, you’ll discover a thoughtfully designed reverse floorplan. The lower level features 4 spacious bedrooms and 3 full bathrooms, as well as a comfortable living area with French doors leading to the backyard courtyard. The upper level is an open layout and showcases the main living space with a fireplace in the living room, a half bathroom, dining area, and a beautifully updated kitchen with brand new, eco-engineered countertops, bar seating, a Wolf range and Sub-Zero refrigerator. A built-in breakfast nook offers a perfect spot to enjoy your morning coffee while savoring the breathtaking, west-facing ocean views. French doors lead to a spacious patio off the kitchen, where you can BBQ (gas hookup is present!) and dine al fresco under a remote controlled retractable awning. There is also a balcony opposite the patio that looks over the resort-like backyard. The home’s interior exudes timeless elegance, highlighted by newly refinished real hardwood floors, Spanish tile on the stair risers, classic Spanish wrought iron light fixtures and skip-trowel wall texture that evokes an elevated old-world charm. The primary suite is a serene retreat with a fireplace, walk-in closet, and an attached bathroom with dual sinks, a steam shower, and a separate jetted soaking tub. A detached studio casita with its own full bathroom increases the total to five bedrooms and bathrooms. The detached two-car garage is freshly painted and carpeted and is currently set up as a rumpus room. The backyard is magical, with mature landscaping, an in-ground hot tub/spool, water fountain, and a cozy fireplace. It also offers exceptional privacy, making it feel like you are living in your own compound. With east-west exposure, panoramic views, and just 3.5 short blocks from the beach, the location is incredibly desirable, quiet and peaceful. Seize this rare opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 7,225 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Redondo Beach Unified Schools
Alta Vista Elementary School
Grades K-5 • 0.3 mi
Tulita Elementary School
Grades K-5 • 0.7 mi
Anza Elementary School
Grades K-5 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 73% |
| Baths | 5.0 | 3.0 | 82% |
| Square foot | 3,030 | 2,100 | 71% |
| Lot Size | 7,225 | 6,088 | 80% |
| Price | $3.00M | $2.20M | 82% |
| Price per sq ft | $988 | $1.1K | 35% |
| Built year | 1937 | 1954 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 176 | 2% |
Pricing History
Listed for Sale
Feb 23, 2026
$2,995,000
Initial Listing
Sold
Mar 28, 2018
$2,050,000
Public Record










































































