- 2 beds
- 1 bath
- 766 sqft
- 6,088 sqft lot
- $1,951 per sqft
- 1920 build
- – on site
Investor Alert!! Prime Lot in Desirable Redondo Beach Neighborhood with Multi-Unit Potential. This is a rare opportunity to acquire a 6,088 SF lot (40' x 152'), zoned RBR-3, offering excellent potential for redevelopment in a highly sought-after area. The property is being sold primarily for land value. The existing 766 sq ft home is in disrepair and underutilized for the neighborhood. No repairs or improvements will be made. Sold As-Is. This is a probate sale. The executor has court authority. All contracts must include a 15-day notification/review period for several private and institutional heirs. Owner passed away peacefully at the home in October 2024. A prime canvas for development. This property presents huge upside potential for builders, developers, and savvy investors looking to capitalize on zoning that supports multi-unit housing. Don't miss this chance to reimagine a property in a rapidly evolving neighborhood. Use caution when showing; the front & back porch railings are unstable, and there are uneven surfaces in the yard. Additional photos coming soon.
Last checked:
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Checking…
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Last updated Jul 14, 2025
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MLS# 25559677PS —
The Building
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Year Built:1920
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New Construction:No
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Architectural Style:Bungalow
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Stories Total:1
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Common Walls:No Common Walls
Interior
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Levels:One
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Flooring:Carpet
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Room Type:Living Room
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Fireplace:No
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Fireplace:None
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Laundry:Washer Included, Dryer Included
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Laundry:1
Room Dimensions
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Living Area:766.00
Location
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Directions:Del Amo Blvd, Turn left onto N Prospect Ave, Turn right onto Garnet St, Turn right onto S Irena Ave.
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Latitude:33.84101000
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Longitude:-118.37976400
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Property Condition:Fixer
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Zoning:RBR-3
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Lot Features:Value In Land
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Lot Size Area:6088.0000
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Lot Size Dimensions:40x151
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Lot Size Acres:0.1398
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Lot Size SqFt:6088.00
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View:None
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Additional Parcels:No
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Other Structures:Shed(s)
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:2
Baths
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Total Baths:1
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Full & Three Quarter Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:Probate Listing
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Parcel Number:7506003028
Heating & Cooling
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Heating:1
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Heating:Floor Furnace
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Cooling:No
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Cooling:None
Utilities
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Sewer:Other
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Water Source:Public
Appliances
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Appliances:Refrigerator
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Included:Yes
Schools
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High School District:Redondo Unified
The Community
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Subdivision:Redondo Beach
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Subdivision:Redondo Beach
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Inclusions:Remaining Home and Shed Contents
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway
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Parking Spaces:2.00
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Uncovered Spaces:2.00
Monthly cost estimate

Asking price
$1,495,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,005
|
Taxes | N/A |
Insurance | $411 |
Utilities | $119 See report |
Total | $8,535/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/14/25
Jul 14, 2025
|
Listed / Active | CRMLS_CA | $1,495,000 |

37% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $70k above asking price on average, but some went as high as $401k over asking price.