Property listed by Beach City Brokers, Justin Miller 310-619-9389
$3,500,000
Opportunity of a lifetime! This property sits on one of the largest residential lots in South Redondo with amazing panoramic ocean and coastline views. The existing custom Cape Cod residence offers 6 bedrooms, 4 bathrooms. The home needs work and has tons of potential with vaulted wood-beam ceilings, oak… Read More hardwood floors, Anderson dual-pane windows, imported Brazilian granite, and spacious living areas filled with natural light. The home features a master suite with fireplace, Jacuzzi tub, and balcony, plus den, office, oversized heated garage/workshop, huge lot and once had a 800 sq. ft. detached guest quarters (sellers removed and have floor plans and drawings for a new 1,200 sq. ft. detached guest quarters—along with room for RV or boat parking. The sale also includes permit-ready plans offering two paths forward: 1. Remodel the existing home and modernize it to today’s standards and add build ADU. 2. Ground-up new build: a 4,140 sq. ft. estate with 4 bedrooms, 4 bathrooms, office, gym, oversized 2-car garage, plus a separate 1,200 sq. ft. ADU with 2 bedrooms and 2 bathrooms. There might also be a third option based on exploring the SB9 laws (urban lot split), buyers and buyers agents should look into and verify the possibility of doing a subdivision of the lot and build two new single family homes since the lot is so large. Just blocks from the sand, Esplanade, and Riviera Village, this AAA location on the Avenues provides walkability to shops, dining, and top-rated schools. Whether you choose to update the existing home or pursue the approved new build, or if approved do an SB9 urban lot split and build two new homes. This amazing opportunity delivers scale, views, and opportunity rarely found in South Redondo. Read Less
Listing Snapshot
Days Online
13
Last Updated
Property Type
Single Family Residence
Beds
6
Full Baths
4
Square Ft.
3,278
Lot Size
0.28 Acres
Year Built
1953
MLS Number
SB25198821
30 Days Snapshot Of 90277
$1.85M
-11%
(avg) sold price
23
+4%
homes sold
74
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1953, Levels: One, Living area: 3278, 1 story, Common walls: NoCommonWalls
Community
Sidewalks
Cooling
None
Fireplaces
LivingRoom, PrimaryBedroom
Garage
2 spaces
Heating
Solar
Laundry
LaundryRoom
Lot
0.2798 acres, 12,187 square feet, Size: 12,187
Parking
2 totals parking
Pool
None
Property
Zoning: RBR-1, Neighborhood, Ocean
Sewer
PublicSewer
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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