526 Avenue A

Redondo Beach, CA 90277

$2,395,000
Price
7
Beds
5
Baths
3,218 Sq. Ft.
$744 / Sq. Ft.
3,218
Sq. Ft.
$744
per Sq. Ft.

Description

Amazing opportunity to own a multi-unit property in South Redondo Beach close to the Riviera Village!  If that's not enough this prime location on Avenue A is nearby to shopping, restaurants and the famous Esplanade on the beach!  The lot currently features a front house with two rented units consisting of a 3 bedroom, 2 bathroom home and an attached studio with kitchenette and its own entrance and a  vacant back house. The front house offers timeless charm with its original hardwood floors, a spacious...Amazing opportunity to own a multi-unit property in South Redondo Beach close to the Riviera Village!  If that's not enough this prime location on Avenue A is nearby to shopping, restaurants and the famous Esplanade on the beach!  The lot currently features a front house with two rented units consisting of a 3 bedroom, 2 bathroom home and an attached studio with kitchenette and its own entrance and a  vacant back house. The front house offers timeless charm with its original hardwood floors, a spacious bay window, and a cozy fireplace.  It has been well maintained with recent updates to the electrical and plumbing systems. The front house also enjoys a large covered deck for sipping your morning coffee. The studio has new floors, a full bath, kitchenette and private entrance.  Now let's move to the back house! The back house, built in 1997, is a 3 bedroom, 2 bathroom home with new carpet, paint and its own yard. One of the many highlights of this beautiful back house is the rooftop deck with an unparalleled panoramic view of the Pacific Ocean, extending from Palos Verdes to Malibu. The property also features a delightful garden with spring flowers blooming, suffusing the space with natural beauty. Both houses enjoy an abundance of natural light creating an inviting atmosphere throughout. Practical amenities include a spacious two-car garage and two extra covered off-street parking spots, ensuring convenience for residents and guests alike. With the potential for rental income from both houses, this property represents an investor's dream in one of the most sought-after neighborhoods in the South Bay. Don't miss out on this remarkable opportunity to own a piece of coastal paradise!

Listing Agent

  1. Tadashi Kondo

    Tadashi Kondo

    Alternative Listing Agent

    Compass

    DRE #01438455

    tad.kondo@compass.com

    P: 310.567.8790

Property Details for 526 Avenue A

Architectural Style
Traditional
View
Mountain(s), Neighborhood, Ocean
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor

Location

Listing Courtesy of Compass, Tadashi Kondo, DRE #01438455; Compass, Jessiqa Pace, DRE #02122433
Add your commute
LISTING UPDATED: 04/27/2024 10:24 AM

Property Details for 526 Avenue A

StatusActive
MLS #PV24076357
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential Income
Year Built1939
Lot Size0.14 AC / 6,084 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Tadashi Kondo, DRE #01438455; Compass, Jessiqa Pace, DRE #02122433
Add your commute

Building Information for 526 Avenue A

Stories3Residences-Year Built1939Building Size-Lot Size0.14 AC / 6,084 SF

Payment Calculator

$13,913 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,070

Property Taxes

$843

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 526 Avenue A

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $43,560
  • Gross Scheduled Income: $43,560
  • Net Operating Income: $34,928
  • Cap Rate: 4.23
Expense Details
  • Operating Expense: $8,632
  • Gardener Expense: $900
  • Fuel Expense: $960
  • Electric Expense: $1,020
  • Insurance Expense: $2,000
  • Maintenance Expense: $2,000
  • Trash Expense: $0
  • Water Sewer Expense: $1,752
  • Total Expenses: $8,632
Tax / Assessment Info
  • Tax Block: 21
  • Tax Tract Number: 2546
  • Tax Census Tract: 6214.00
  • CFD/Mello-Roos Fee: $1,528
  • Tax Lot: 8
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Dog Park, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range
  • Equipment: Dishwasher, Gas Range
  • Interior Features: Built-in Features, Ceiling Fan(s), Living Room Balcony
  • Room Type: Entry, Family Room, Galley Kitchen, Kitchen, Laundry, Living Room
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Room Bathroom Features: Bathtub, Shower, Shower in Tub
  • Room Kitchen Features: Kitchen Open to Family Room
  • Eating Area: Area, Breakfast Counter / Bar, In Family Room, Dining Room
  • Laundry: Yes
  • Laundry Features: Community, Individual Room, Inside, Washer Hookup
  • Laundry Location: Laundry Room, Other/Remarks, Inside
  • Fireplace Features: Living Room, Primary Bedroom
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Family Room
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Carpet, Laminate, Wood
  • Flooring: Carpet, Laminate, Wood
Exterior Features
  • Door Features: Sliding Doors
  • Window Features: French/Mullioned
  • Exterior Features: Balcony, Awning(s)
  • Entry Location: Front
  • Structure Type: Duplex
  • Miscellaneous: Storm Drains
  • View Description: Ocean
  • Patio: Yes
  • Patio: Deck, Patio, Roof Top
  • Patio And Porch Features: Deck, Patio, Roof Top
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Lawn
  • Lease Considered: No
  • Number Of Units: 3
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 2
  • Attached Garage: Yes
Property / Structure Info
  • Architectural Style: Traditional
  • Residential Styles: Townhome
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,430
  • Unit Type Total Rent: $2,430
  • Unit Type Pro Forma: 5700
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 5900
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Carpet: 1
  • Number With Patio: 2

Property History for 526 Avenue A

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 526 Avenue A

Taxable ValueLand$466,049Additions$323,448Total$789,497
Tax Record2023$10,112 ($843 / month)
Home Facts
Total Finished SqFt3,218 SqFtAbove Grade Finished SqFt3,218 SqFtStories1Lot Size6,084 SqFtStyleDuplexYear Built1939ZoningRBR-3CountyLOS ANGELESAPN7509-011-008

Schools near 526 Avenue A

This home is within Redondo Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Alta Vista Elementary School
PublicK to 5

Parras (Nick G.) Middle School
Public6 to 8

Redondo Union High School
Public9 to 12

Redondo Beach Learning Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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526 Avenue A is a townhouse for sale in Redondo Beach, CA 90277. This property was listed for sale on April 5, 2024 by Compass, it's currently listed at $2,395,000. This listing's school district is Redondo Beach Unified School District. Nearby schools include Alta Vista Elementary School, Parras (Nick G.) Middle School and Redondo Union High School. 526 Avenue A is a 7-bed, 5-bath, 3,218 sqft townhouse built in 1939.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Tadashi Kondo, DRE #01438455; Compass, Jessiqa Pace, DRE #02122433

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.