618 Vincent Park, Redondo Beach, California 90277, Redondo Beach, 90277 - 4 bed, 2 bath
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Redondo Beach, California 90277
This Value-Add Residential Income Asset represents a Strong Value Opportunity with a List Price of $1,550,000—positioned well below the $1,665,086 Fair Market Value by 6%. This valuation gap offers $115,086 in Instant Equity for buyers. While the property holds a Fair Condition Rating requiring interior modernization, the RBR-3 Zoned Corner Lot and Vincent Park Views provide significant redevelopment upside. Served by Top-Rated Schools including Alta Vista Elementary and West High, this is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-equity house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 618 Vincent Park Subject | $1,550,000* List Price | 4 | 2 | 1,716 | $970 | - |
A 218 N Broadway Pending | $1,395,000 List Price | 2 | 2 | 1,238 | $1,127 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923, the property features extremely dated kitchens and older wall heating systems that likely exceed 30-40 years in age. While functional and tenant-occupied, the lack of modern HVAC and the condition of the cabinetry and finishes indicate a need for a full interior rehab and system upgrades.
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Situated in South Redondo Beach adjacent to Vincent Park, the property offers exceptional walkability to the beach, Redondo Pier, and top-rated local schools.
The RBR-3 zoned corner lot provides a rare opportunity for redevelopment, with the potential to capture ocean views from a future multi-unit build.
The property features only a single-car garage for two units, which is a significant drawback for modern tenants and owners in a high-density beach community.
Originally constructed in 1923, the property likely requires ongoing maintenance and potential upgrades to its century-old core systems despite some cosmetic updates.
Charming duplex located in South Redondo Beach adjacent to Vincent Park. This property is located in a great location within walking distance to the beach, the Redondo Pier, Seaside Lagoon, Redondo Union High School and local shops and dining. Each units are identical 2 bedroom and 1 bathroom units and feature hardwood floors, newer vinyl windows, and their own private front garden area. Property also features a detached 1 car garage with laundry hookups. This property sits on a desirable corner lot that is zoned RBR-3. Both units are currently tenant occupied. This property offers a buyer the option to collect rental income, occupy a unit, or redevelop the property with possible ocean views. Fantastic opportunity to live or invest in a prime location in South Redondo Beach.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 78% |
| Baths | 2.0 | 0.0 | 67% |
| Square foot | 1,716 | 2,438 | 11% |
| Lot Size | 3,669 | 5,772 | 11% |
| Price | $1.55M | $1.88M | 22% |
| Price per sq ft | $903 | $764 | 67% |
| Built year | 1923 | 1954 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 106 | 11% |
Apr 17, 2026
$1,550,000
Initial Listing
Jun 3, 2002
$495,000
Public Record