Property Description

We are pleased to present this incredibly rare opportunity to purchase a 2 Bed/2 Bath, Single Family Home – and the ever appreciating land that it sits on – in the highly coveted, and extremely low inventory, South Redondo Beach submarket. Located just a short walk to the ocean, the Redondo Beach pier, and the endless stretch of renowned restaurant, shopping, and entertainment options therein, the property’s land value itself supports the price that it’s being offered at today. From a construction standpoint, this offering is suitable for developers of all shapes and sizes, such as: A) The seasoned builder who plans to turn it around inside of (12) months, or B) The strategic homebuyer aiming to plant roots in their dream neighborhood today (at a price they can afford), with the ambition of building something of their own later on down the road. All said, don’t let the excitement of a “blank canvas” detract your attention from the quality of the current home as it stands today. While it was originally constructed in 1913, the building was completely gutted and rebuilt in 1978. At this time: 1) The home’s floorplan was reconfigured to be maximally cohesive and 2) Most, if not all, of the property’s big ticket items were replaced and/or upgraded. Today, this well-maintained home features a spacious kitchen with a gas range and classic finishes, along with a roomy master bedroom equipped with an oversized closet, dual vanities, and a private bathroom. Both the front and back yards are accompanied by spacious, yet mostly private, decks that provide peaceful transitions in and out of the home, with the back deck ultimately leading to the expansive backyard that is capable of entertaining even the most sizable groups. The owner had the sewer line replaced early in 2021 and, along those lines, has always taken great pride in maintaining the property over the years.