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705 S Pacific Coast Hwy, Redondo Beach, CA, 90277

$2,199,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Baths
4,549 SqFt
$483/SqFt
House

Location

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705 S Pacific Coast Hwy, Redondo Beach$2,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGarage
Garage4 spaces
Year Built1925
MLS #24468849
Lot Size0.17 Acres
StatusActive

About 705 S Pacific Coast Hwy

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.

Med. Sold Price

$1.4M

Med. Price/SqFt

$800

Avg. Days On Market

52

# of Sold Homes

38

705 S Pacific Coast Hwy vs Redondo Beach

1 DAY ON ROCKET

-51 Days

$2,199,000

+$725.7K More

$483/SqFt

-$318 Less

KEY TAKEAWAY

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

IDX 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

Aug 23, 2010Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,659

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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.

Nearby Schools

school-card-donut-73966
8
/10
  • Alta Vista Elementary School

  • 815 Knob Hill Ave

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-73967
10
/10
  • Tulita Elementary School

  • 1520 S Prospect Ave

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-73968
8
/10
  • Anza Elementary School

  • 21400 Ellinwood Dr

  • 1.21 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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.

Rocket HomesCaliforniaLos Angeles CountyRedondo Beach90277705 S Pacific Coast Hwy

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.

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