$1,700,000
4 Bed · 3 Bath · 2,105 Sq Ft
Two private residences on one deep lot — immediate rental income, steps to the beach.
4
Beds
3
Baths
2,105
Sq Ft
1952
Built
0.17 acres
Lot
No garage; driveway / off-street parking
Garage
This rare South Bay offering presents a smart blend of coastal lifestyle and immediate income: two separate residences positioned privately on a deep, lush lot — approximately 2,105 square feet of living space on an expansive ~7,498 sq ft parcel just minutes from Redondo’s shoreline. The front home is a welcoming 2-bedroom, 1-bath residence with an adaptable bonus room that opens onto a sunny patio and lawn — ideal as an office, media lounge, or extra guest space. The rear, privately sited 2-bedroom, 2-bath unit functions as a comfortable rental or multigenerational suite and is currently producing $3,500/month.
Practical features are already in place: the front house includes a washer/dryer, refrigerator and stove; the rear unit is equipped with a stove and dishwasher. Outdoors, the property rewards with a manicured front lawn, a secluded backyard garden framed by mature fruit trees, and a series of usable patios for grilling and al fresco dining. The absence of an attached garage is offset by on-site driveway parking and a deep setback that provides privacy between homes.
The location leverages the best of Redondo Beach — a short drive or bike ride to the Pier, Riviera Village restaurants and shopping, and coastal bike paths. Redondo’s schools and neighborhood parks make this an appealing long-term hold for owner-occupiers as well as investors. With a list price of $1,700,000 and a documented income stream from the rear residence, this property is competitively positioned for buyers seeking cashflow plus appreciation in a constrained coastal market.
Buyers should verify permit status for the detached unit and review current lease terms. With modest cosmetic updates the front home can command strong rents or provide comfortable owner living while the rear unit offsets mortgage costs. This is a versatile opportunity — income now, multiple exit strategies later in one of the South Bay’s most desirable coastal communities.
This section of Redondo Beach blends quiet residential streets with quick access to coastal amenities. Expect a mix of mid-century homes and updated coastal properties, active pedestrian and bicycling culture, and small neighborhood retail nodes. Riviera Village, Pier, and waterfront paths are within minutes, making this neighborhood appealing for families and professionals who want beach access without the immediate bustle of the pier.
Redondo Beach remains one of the most sought-after pockets of the South Bay, where inventory is limited and buyers prize proximity to the ocean. Median single-family sale prices in the city often sit in the mid-to-high $1M range depending on size and exact location; well-located properties with accessory units or legal two-unit configurations capture a premium. Over the past 12 months the market has felt competitive, with average days on market lower than typical LA County and inventory hovering below historical averages. For investors, properties that produce immediate rent — like this rear unit at $3,500/month — provide a buffer against short-term rate volatility and create attractive gross yields relative to comparable coastal listings. For owner-occupiers, the ability to offset housing costs with rental income is a compelling advantage in the South Bay.
Lincoln Elementary
Elementary · approx 1.0 mi
Adams Middle School
Middle · approx 1.2 mi
Redondo Union High School
High · approx 1.6 mi
Excellent access to beaches, coastal bike paths, and neighborhood parks — ideal for outdoor-oriented lifestyles and year-round recreation.
Purchase to capture coastal rental income while occupying the front unit or renting both units. Value add through targeted interior updates to increase rents and resale price — leverage strong demand in Redondo Beach for multi-unit lots.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$1620K
Midpoint
$1700K
High
$1780K
$807.84/SF estimated price per square foot
Estimate anchored to the active list price of $1,700,000 and Redfin AVM ($1,688,125). Range accounts for coastal Redondo premium, income from rear unit, and condition. No live comparable-sales pull was performed — verify with local closed comps.
As of 2026-03-12
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Stable coastal community with steady demand and limited land for new development; buyers are often local-owner occupiers and investors seeking rental income or multigenerational setups.
Short drive to Redondo Beach Pier and waterfront, quick access to Riviera Village shops and restaurants, neighborhood parks and coast-side bike paths.
Market data is based on aggregated public records and may not reflect real-time conditions.
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