
Redondo Beach, California 90277
This property presents a High-Potential Investment Opportunity with a List Price of $1,699,999—positioned above the $1,641,866 Fair Market Value. While the property requires a full rehab given its Condition Rating of 5, the R3 Zoning and 5,008 sq. ft. lot offer significant development upside. Located in a premier South Redondo Beach neighborhood near top-rated schools like Alta Vista Elementary and South High, this asset is ideal for Real Estate Developers or Fix-and-Flip Investors seeking to maximize long-term value through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 909 Garnet Subject | $1,699,999* List Price | 5 | 3 | 1,660 | $989 | - |
A 405 Pearl Street Active | $1,899,950 List Price | 4 | 2 | 1,884 | $1,008 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 with no significant renovations evident. The property features original wall heaters, dated pink bathroom vanities, and popcorn ceilings. The listing description explicitly frames the home as a 'canvas' and highlights R3 zoning for development, signaling that the structure requires a full rehab or is being sold for land value.
Elementary School: Alta Vista Elementary School (9/10). High School: South High School (9/10).
The R3 zoning provides rare long-term flexibility and significant development possibilities, offering a unique opportunity for investors or those looking to maximize the lot's value.
Situated in a premier South Redondo Beach neighborhood, the property is within walking distance of the Redondo Beach Pier and is served by highly-rated schools.
With five bedrooms squeezed into 1,660 square feet, individual room sizes and common living areas are likely to feel cramped and undersized.
Built in 1960 and marketed as a 'canvas,' the property likely requires a substantial capital investment to modernize the systems and finishes to meet current market standards.
Welcome to 909 Garnet St. Located in a premier South Redondo Beach neighborhood, this spacious 5-bedroom, 3-bathroom residence offers a versatile 1,660 sq. ft. floor plan on a generous 5,008 sq. ft. lot. This property provides an incredible canvas to create a modern coastal retreat perfectly tailored to your lifestyle. The interior layout is designed for comfortable daily living and seamless entertaining. The rare abundance of bedrooms offers endless possibilities, allowing you to easily dedicate spaces for home offices, a fitness studio, or welcoming guest suites. Outside, the expansive lot is ready for a contemporary exterior redesign, providing the perfect foundation to build an ultimate private outdoor oasis to enjoy the beautiful Southern California climate. The R3 zoning provides incredible long-term flexibility and development possibilities rarely found in this area. Near straight walk to the Redondo Beach Pier.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 71% |
| Baths | 3.0 | 2.5 | 50% |
| Square foot | 1,660 | 2,150 | 38% |
| Lot Size | 5,008 | 6,271.5 | 24% |
| Price | $1.70M | $2.47M | 25% |
| Price per sq ft | $1.0K | $1.1K | 35% |
| Built year | 1960 | 1953 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 121 | 7% |
May 13, 2026
$1,699,999
Initial Listing