922 S Pacific Coast Hwy, Redondo Beach CA 90277 (Off Market)

For Sale, USD 1,349,000


922 S Pacific Coast Hwy, Redondo Beach CA 90277,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 1,624 ft² / 151 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Rare South Redondo Beach redevelopment and income opportunity. Held by the same family since it was built in 1924, 922 S Pacific Coast Hwy offers a unique chance to acquire a legacy property with current rental income and significant long-term upside. Currently configured as a duplex, the property features two separate detached Craftsman-style bungalows, each with its own backyard area. The front unit is a 2 Bedroom with 1 full Bathroom and the back unit is a 1 Bedroom with 3/4 bath. A third building provides additional storage, and two parking spaces are located at the rear of the property. The units also have separate gas and electric meters, adding convenience for rental management. Both units are currently occupied by long-term tenants on month-to-month leases, providing immediate rental income while allowing a buyer time to explore future plans, permits, and entitlements. Whether held as an income-producing property, improved over time, or pursued as a full redevelopment opportunity, this property offers a compelling blend of location, lifestyle, income, and upside potential. Situated on a desirable street-to-alley lot, the property offers valuable rear access and development flexibility. Zoned R-3, and per Redondo Beach Public Planning, the site may allow for the development of two detached townhomes. Located on the east side of PCH, just moments from the Riviera Village, shops, restaurants, the Esplanade, beaches, and parks - all the best of South Bay coastal living. Buyer to independently verify zoning, use, square footage, rents, permits, development potential, entitlements, and all city requirements with the City of Redondo Beach. Please do not disturb tenants.
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922 S Pacific Coast Hwy, Redondo Beach CA 90277, United States,California,Redondo Beach is a 1,624ft² Redondo Beach luxury Multi-Family Home listed for sale USD 1,349,000. This high end Redondo Beach Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Redondo Beach or search for luxury properties for sale in Redondo Beach.