Don't miss out on this incredible mixed-use investment opportunity in the heart of South Redondo Beach! This property features a front retail unit with excellent visibility on the major thoroughfare of Pacific Coast Highway, plus four spacious 2-bedroom, 1-bath apartment units in the back. Each apartment comes with its own laundry hook-ups and a 1-car garage with an electric door opener. Enjoy the added convenience of new EV car chargers in all garages and recently replaced roofs for peace of mind. The 2-bedroom house with a private patio is the perfect bonus for extra income or owner-occupancy. Located just 5 blocks from the Pacific Ocean and less than a mile from the vibrant Riviera Village and Redondo Beach Pier, this property offers both a prime location and huge potential. With NO LA City rent control, this is the perfect opportunity to maximize your investment in one of California's most desirable coastal communities!
Property Details
Property Features
Property Information:
Year Built: 1925
Stories: 2
Living Area: 4,549 SqFt
Listing Office:
Office Name: Shield CRE, Inc.
Office Phone: (310) 593-9869
Listing Agent: Gianluca Jacoli
Interior Features
Interior Information:
Appliances: Washer
Bedroom and Bathroom Information:
Total Bedroom Count: 8
Exterior Features
Parking Information:
Garage Space: 4 spaces
Parking: Garage
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Other
Directions Information:
Directions: West of PCH, South of Topaz Street, North of Knob Hill Avenue, East of Elvira Avenue
Price Information
Listing Price Info
Price Summary:
List Price: $2,199,000
Price Per SqFt: $483/SqFt
Tax Information:
Annual Amount: $11,503
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Redondo Beach, CA.
This property is $725.7K more than the Median Sold Price and $318/SqFt less than other homes in Redondo Beach, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24468849
Listing Office:
Office Name: Shield CRE, Inc.
Office Phone: (310) 593-9869
Listing Agent: Gianluca Jacoli
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/4/2024, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 23, 2010
Aug 23, 2010Home Sold
$800,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,503
$929,126
2020
$11,361
$919,600
2019
$10,991
$901,569
2018
$10,921
$883,893
2017
$10,921
$866,563
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Alta Vista Elementary School
815 Knob Hill Ave
Distance between this listing and this school0.42 miles
Public District Grades KG-5
10
/10
Tulita Elementary School
1520 S Prospect Ave
Distance between this listing and this school0.86 miles
Public District Grades KG-5
8
/10
Anza Elementary School
21400 Ellinwood Dr
Distance between this listing and this school1.21 miles
Public District Grades KG-5
Nearby Schools
8
/10
Parras Middle School
200 N Lucia Ave
Distance between this listing and this school1.11 miles
Public District Grades 6-8
8
/10
Jefferson Middle School
21717 Talisman St
Distance between this listing and this school1.60 miles
Public District Grades 6-8
8
/10
Calle Mayor Middle School
4800 Calle Mayor
Distance between this listing and this school1.63 miles
Public District Grades 6-8
Nearby Schools
9
/10
Redondo Union High School
1 Sea Hawk Way
Distance between this listing and this school1.04 miles
Public District Grades 9-12
7
/10
Patricia Dreizler Continuation High School
1000 Del Amo St
Distance between this listing and this school1.23 miles
Public District Grades 9-12
9
/10
West High School
20401 Victor St
Distance between this listing and this school1.49 miles
The neighbors living near this home have an average income of $93,432. Most Redondo Beach, CA residents have annual incomes between $100k-200k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 705 S Pacific Coast Hwy
What is the listing price of this property?
The listing price of 705 S Pacific Coast Hwy property is $2,199,000.
What type of property is this?
The property 705 S Pacific Coast Hwy is a house located in Redondo Beach, California, 90277.
Is this property for sale now?
Active Listing: 705 S Pacific Coast Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,503 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 23, 2010 for $800,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 705 S Pacific Coast Hwy has 8 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 705 S Pacific Coast Hwy is 4,549 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 705 S Pacific Coast Hwy is 1925.
This home is located at 705 S Pacific Coast Hwy in Redondo Beach, CA and zip code 90277 in the S. Redondo Beach W. of Pacific Coast Highway neighborhood. This 4,549 square foot home, which was built in 1925, sits on a 0.17 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $2,199,000.
In November 2024, from all listings sold in Redondo Beach, CA there were more than 10 sold above asking price, over 22 sold below and more than 6 were sold right at the asked price. Between October 2024 and November 2024, Redondo Beach, CA real estate market has seen decrease in the number of listings by 6.2%. In November 2024, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $1,473,219.
From Rocket Homes Real Estate and based on county public records data.