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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,495,000

Est. payment | -/mo

3 Beds

2 Baths

5,692 Sqft Lot

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$ 1,495,000

Est. payment | -/mo

Save

3 Beds

2 Baths

5,692 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26101623

Bedrooms 3

Lot Size 5,692 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Rare South Redondo Beach redevelopment and income opportunity. Held by the same family since it was built in 1924, 922 S Pacific Coast Hwy offers a unique chance to acquire a legacy property with current rental income and significant long-term upside. Currently configured as a duplex, the property features two separate detached Craftsman-style bungalows, each with its own backyard area. The front unit is a 2 Bedroom with 1 full Bathroom and the back unit is a 1 Bedroom with 3/4 bath. A third building provides additional storage, and two parking spaces are located at the rear of the property. The units also have separate gas and electric meters, adding convenience for rental management. Both units are currently occupied by long-term tenants on month-to-month leases, providing immediate rental income while allowing a buyer time to explore future plans, permits, and entitlements. Whether held as an income-producing property, improved over time, or pursued as a full redevelopment opportunity, this property offers a compelling blend of location, lifestyle, income, and upside potential. Situated on a desirable street-to-alley lot, the property offers valuable rear access and development flexibility. Zoned R-3, and per Redondo Beach Public Planning, the site may allow for the development of two detached townhomes. Located on the east side of PCH, just moments from the Riviera Village, shops, restaurants, the Esplanade, beaches, and parks - all the best of South Bay coastal living. Buyer to independently verify zoning, use, square footage, rents, permits, development potential, ent

Location

State CA

County Los Angeles

Zoning Public Rec

Direction Located on Pacific Coast Highway between Avenue A and Avenue B on the East side of the street.

Interior

Heating Baseboard

Fireplace No

Exterior

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 7509011015

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Meagan Patterson, DRE#02159903 BerkshireHathaway HomeServices

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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922 S Pacific Coast Redondo Beach, CA 90277