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.