122 S Irena Avenue
Redondo Beach, CA 90277
766 sqft | 2 beds | 1 bath | 0.14 acres | #25559677PS
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.
Property Details
- Property SubtypeSingleFamilyResidence
- School DistrictRedondo Unified
- SubdivisionRedondo Beach
- Lot DescriptionValueInLand
- CountyLos Angeles
- Original List Price$1,495,000
- MLS #25559677PS
- MLS #25559677PS
- Property TypePurchase
- Cost1495000
- Acres0.1398
- Utility SourcePublic
- Sewer InformationOther
- Year Built1920
- Square Feet766
- Bedrooms2
- Bathrooms1
- Full Baths1
- Stories1
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Ronald Webb (#CLW-51780)
Listing Office: Town Real Estate (#CLW-5950)
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