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.
Sold for $1,500,000
$1,500,000
122 S Irena Ave, Redondo Beach, CA 90277
2beds
766sqft
Residential, Single Family Residence
Built in 1920
6,089 Square Feet Lot
$1,490,000 Zestimate®
$1,958/sqft
$3,894 Estimated rent
Home value
$1,490,000
$1.24M - $1.83M
$3,894/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ronald Webb DRE # 02047619 949-338-6444,
Town Real Estate 760-250-1977
Bought with:
Steven Mansour, DRE # 01889579
WestCoast Realty & Management
Source: CLAW,MLS#: 25559677PS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Dining Room, Living Room
Heating
- Floor Furnace
Cooling
- None
Appliances
- Included: Refrigerator, Washer, Dryer, Range/Oven, Gas Water Heater
- Laundry: Laundry Area
Features
- Flooring: Carpet, Linoleum
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
Interior area
- Total structure area: 766
- Total interior livable area: 766 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,089 Square Feet
- Dimensions: 40 x 151
- Features: Tear Down On Lot, Value In Land
Details
- Additional structures: Shed(s)
- Parcel number: 7506003028
- Zoning: RBR-3
- Special conditions: Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Residential, Single Family Residence
Condition
- Tear Down,Fixer,Value Mainly In Land
- Year built: 1920
Utilities & green energy
- Sewer: In Street
- Water: Meter on Property, District
Community & HOA
Community
- Security: None
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Redondo Beach
Financial & listing details
- Price per square foot: $1,958/sqft
- Tax assessed value: $67,348
- Annual tax amount: $1,533
- Date on market: 7/14/2025
- Inclusions: Remaining Home and Shed Contents
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $1,500,000+0.3%$1,958/sqft |
Source:  CLAW #25559677PS Report a problem | ||
| 7/18/2025 | Pending sale | $1,495,000$1,952/sqft |
Source: CLAW #25559677PS Report a problem | ||
| 7/14/2025 | Listed for sale | $1,495,000$1,952/sqft |
Source: CLAW #25559677PS Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,533 +3.9% | $67,348 +2% |
| 2024 | $1,475 +1% | $66,028 +2% |
| 2023 | $1,460 +4.1% | $64,734 +2% |
| 2022 | $1,403 -0.8% | $63,466 +2% |
| 2021 | $1,415 +1.8% | $62,223 +1% |
| 2020 | $1,390 | $61,586 +2% |
| 2019 | $1,390 +8.5% | $60,380 +2% |
| 2018 | $1,280 | $59,197 +2% |
| 2017 | $1,280 +3.6% | $58,037 +2% |
| 2016 | $1,235 +2.3% | $56,900 +1.5% |
| 2015 | $1,208 +2% | $56,046 +2% |
| 2014 | $1,185 | $54,949 +2.5% |
| 2012 | -- | $53,630 +2% |
| 2011 | -- | $52,579 +0.8% |
| 2010 | -- | $52,187 -0.2% |
| 2009 | -- | $52,312 +2% |
| 2008 | -- | $51,288 +2% |
| 2007 | -- | $50,284 +2% |
| 2006 | -- | $49,299 |
| 2005 | -- | $49,299 +4% |
| 2004 | -- | $47,388 +1.9% |
| 2003 | -- | $46,521 +2% |
| 2002 | -- | $45,609 +4% |
| 2000 | -- | $43,839 |
Find assessor info on the county website
Neighborhood: 90277
Nearby homes
- $1,717,0003 bd2 ba2k sqft124 S Irena Ave #A, Redondo Beach, CA 90277Off Market
- $1,553,5003 bd3 ba1.9k sqft124 S Irena Ave #B, Redondo Beach, CA 90277Off Market
- $930,0002 bd1 ba1k sqft120 S Irena Ave, Redondo Beach, CA 90277Off Market
- $1,484,8004 bd4 ba1.9k sqft126 S Irena Ave #B, Redondo Beach, CA 90277Off Market
- $1,782,9004 bd3 ba2.2k sqft126 S Irena Ave #A, Redondo Beach, CA 90277Off Market
- $2,374,9686 bd7 ba4.6k sqft118 S Irena Ave, Redondo Beach, CA 90277Off Market
- $1,854,1003 bd3 ba2.5k sqft118 S Irena Ave #A, Redondo Beach, CA 90277Off Market
- $1,748,2003 bd4 ba2.1k sqft118 S Irena Ave UNIT B, Redondo Beach, CA 90277Off Market
Nearby schools
GreatSchools rating
- 8/10Alta Vista Elementary SchoolGrades: K-5Distance: 0.8 mi
- 7/10Parras (Nick G.) Middle SchoolGrades: 6-8Distance: 0.3 mi
- 10/10Redondo Union High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Redondo Unified
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,490,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,490,000
- California
- Los Angeles County
- Redondo Beach
- 90277
- 122 S Irena Ave
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