$1,200,000
$1,229,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
508 S Guadalupe AVE Redondo Beach, CA 90277
4,286 Sqft Lot
Key Details
Sold Price $1,200,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23061884
Sold Date 06/23/23
HOA Y/N No
Year Built 1921
Lot Size 4,286 Sqft
Property Description
Located in highly desirable south Redondo Beach, this vintage beach bungalow located west of Pacific Coast Highway offers incredible potential just a 5 minute walk to the beach! Live in the cozy cottage now while you plan your dream beach house later! The current home sits on a 4,350 square foot RH-1 zoned lot and consists of a one bedroom one bathroom cottage with an adjacent detached one-car garage as well as a detached "surf shack" studio and bathroom. Conceptual plans based on current zoning and building guidelines illustrate a 3,100 square foot, 5 bedroom, 3.5 bath home with views of Palos Verdes from the roof deck. There is also a possibility to keep the current main house and build an ADU and maybe even a Junior ADU for extra income, see supplements for more info. Conveniently located near Riviera Village, Redondo Beach Pier, Trader Joes, restaurants, shopping and great schools, this is an amazingly unique opportunity to build your dream home or enjoy comfortable beach cottage living in Redondo Beach! Investors and builders also welcome!
Location
State CA
County Los Angeles
Area 157 - S Redondo Bch W Of Pch
Zoning RBRH-1
Interior
Fireplace No
Laundry Inside
Exterior
Garage Door-Single, Driveway, Garage
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Street Lights, Sidewalks
Parking Type Door-Single, Driveway, Garage
Total Parking Spaces 4
Private Pool No
Building
Lot Description Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7508018018
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Jennifer Merritt • Vista Sotheby's International Realty