703 Avenue D, Redondo Beach, California 90277, Redondo Beach, 90277 - 3 bed, 1 bath
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Redondo Beach, California 90277
This Coastal Redevelopment Opportunity & Turnkey Residence is listed at $2,500,000, representing a strategic acquisition of a rare 7,800 sqft lot at the top of the slope. The property holds a Condition Rating of 2, featuring a recently remodeled interior that ensures immediate move-in readiness. While the $2,228,902 Fair Market Value reflects the current structure, the price is supported by the City Lights View and proximity to 9/10 rated Alta Vista Elementary and South High School. This property is a perfect match for Owner-Occupants prioritizing lifestyle or Developers targeting high-end coastal reconstruction.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 703 Avenue D Subject | $2,499,999* List Price | 3 | 1 | 1,112 | $1,973 | - |
A 517 Sapphire Street Sold | $1,820,000 | 2 | 1 | 954 | $1,908 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1951, the property has been recently remodeled (under 5 years) and is in mint, move-in ready condition. Features modern wide-plank flooring, recessed lighting, updated windows, and contemporary bathroom finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 1112.
Elementary School: Alta Vista Elementary School (9/10). High School: South High School (9/10).
The oversized 7,800 sqft lot is significantly larger than standard parcels in South Redondo, offering a rare opportunity for a high-end rebuild or the addition of a substantial ADU.
At a $2.5M price point for only 1,112 sqft of living space, the value is heavily concentrated in the land, which may challenge buyers seeking a move-in ready family home of scale.
The 3-bedroom, 1-bathroom configuration is restrictive for modern family needs and likely requires a layout expansion to maximize the property's market value.
South-Facing Redevelopment Opportunity on The Aves At the top of the slope with beautiful south-facing views, this recently remodeled, move-in ready home offers comfortable living right away. Enjoy a spacious master suite, refreshing beach breezes, and great natural light. Bonus potential: Huge lot with big backyard and ~100 sq ft shed. Excellent opportunity for ADU or future rebuild. Perfect for move-in buyers today or visionary investors tomorrow.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,112 | 1,576 |
| Lot Size | 7,800 | 5,929 |
| Price | $2.50M | $1.80M |
| Price per sq ft | $2.2K | $1.0K |
| Built year | 1951 | 1963 |
| HOA | $0 | $0 |
| Days on market | 83 | 45 |
Jun 29, 2026
$2,499,999
$2,499,900
+0% Price Increase
Initial Listing
Jun 5, 2026
$2,499,900
$2,500,000
+0% Price Increase
Initial Listing
Apr 30, 2026
$2,500,000
Initial Listing
Oct 6, 2021
$1,640,000
Public Record