REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sat

Aug

Sun

Aug

Mon

Aug

Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,495,000

Est. payment - /mo

2 Beds

1 Bath

766 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 766 sqft

Price per Sqft $1,951

Subdivision Redondo Beach

MLS Listing ID 25559677PS

Bedrooms 2

Full Baths 1

Construction Status Fixer

HOA Y/N No

Year Built 1920

Lot Size 6,089 Sqft

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Los Angeles

Area 155 - S Redondo Bch N Of Torrance Bl

Zoning RBR-3

Rooms

Other Rooms Shed(s)

Interior

Heating Floor Furnace

Cooling None

Flooring Carpet

Fireplaces Type None

Inclusions Remaining Home and Shed Contents

Furnishings Furnished

Fireplace No

Appliance Refrigerator, Dryer, Washer

Exterior

Parking Features Driveway

Pool None

View Y/N No

View None

Total Parking Spaces 2

Private Pool No

Building

Lot Description Value In Land

Story 1

Entry Level One

Sewer Other

Water Public

Architectural Style Bungalow

Level or Stories One

Additional Building Shed(s)

New Construction No

Construction Status Fixer

Schools

School District Redondo Unified

Others

Senior Community No

Tax ID 7506003028

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Probate Listing

Read Less Info

Listed by Ronald Webb Town Real Estate

Have questions about this property, other properties, or thinking of selling a similar one? We’re here to help. Simply complete the GET MORE INFORMATION form, and we’ll be in touch shortly!

+1(818) 221-2921

info@1visionproperties.com

GET MORE INFORMATION

QUICK SEARCH

122 S Irena AVE Redondo Beach, CA 90277