Top home sale of may closes off market at $4,630,000
632 S Irena, redondo beach ca 90277
The top home sale in Redondo Beach during the month of May was a HUGE almost 6,000 sq foot coastal plantation style single family home located at 632 S Irena.
The home offered 7 bedrooms, 9 total baths and an incredible backyard oasis complete with slat water pool, firepit, multiple TVs, gas tikis, bar area and putting green.
Unfortunately the home sold off market so we never had the chance to tour the home but it sounded incredible and sold for a big price tag.
Redondo Beach is one of the larger South Bay cities and offers some great opportunities for the real estate investor. With a healthy amount of duplexes, triplexes and smaller apartment buildings there might be just what you are looking for.
Want an even easier way to search for investment properties? Tell us just a bit about your ideal dream home and we’ll customize a search just for you and send you listing alerts when a new home comes on the market. Never miss a new income property listing again!
may 2022 market report - Redondo Beach home prices Average $1,685,000
Take a look below at the homes that sold in Redondo Beach during the month of May 2022.
The activity level was solid but slower with with 60 home sales during the month compared with 76 in April.
The average “list” price was a pretty massive $1,567,867 with the average sold price at $1,685,169 meaning that, in general, homes sold WAY above the original list price.
The average price per foot was $935 and average days on market was a very brief 11 days before going into pending status.
This is an impossible to duplicate property with the incredible combination of oceanfront location, huge 1.4 acre (we don’t generally talk in acres in the South Bay) lot that extends to the sand below and two homes making it a true showcase estate. There’s nothing else like it on the South Bay.
The property actually consists of 2 distinct homes….the main home with 5
421 Paseo De La Playa
bedrooms and 8 total baths, and the “guest” home with 5 bedrooms and 7 total baths. Both homes are high on the bluff with unbeatable and unblockable ocean, PV and coastline views. The properties have stairs down to the beach below which is also a challenge to duplicate due to very restrictive California Coastal Commision restrictions.
The property was actually on the market back in 2020 and 2021 first at $27.0M and then at $23M but never sold. They also tried to sell the properties separately.
Remodeled, updated and added to (internally) in 1992
Designated a historic home in Redondo
Listed at $1,698,000
Listing courtesy of Michelle Accetta – Beach City Brokers – 310-543-3536
824 Emerald St was built in 1909 was completely updated in the 90’s. This single family home known historically as the Tingley House after the builder is a beautifully kept and updated Queen Anne Victorian straight out of the black and white photos of original Redondo Beach.
This corner lot charmer offers incredible charm with detailed woodwork and finishes that keep this home feeling like it was when originally built. The home is located on a great corner lot with a charming front lawn and just blocks to the beach. As expected this home didn’t last long and as of 5/17 it’s gone into escrow.
If you happen to live in The Village Redondo Beach…..there’s a great event just steps away. What a venue for a fun weekend concert……. The Beachlife Festival is 3 days of music, entertainment and community fun. We had the chance to go on Friday and it was fantastic as always. There is, of course, the music, which covers a lot of genres and there’s definitely something for everyone. There’s plenty of food and craft beer, booths of local companies, game areas with ping pong, and cornhole and more. The event has 4 stages and our favorite is always the lowtide stage as you watch from the sand of Seaside Lagoon so it’s really like a day at the beach. Visit the Beachlife Festival page for more information. Here’s the set list and times:
