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Active 0 days on market

922 S Pacific Coast

Redondo Beach, CA 90277

$1,495,000

922 S Pacific Coast
Beds
Baths
Sq Ft
0.13Acres
1924Built

About This Home

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, entitlements, and all city requirements with the City of Redondo Beach. Please do not disturb tenants.

Property Details

Property TypeDuplex
Year Built1924
Lot Size0.13 acres
Garage Spaces0
Parking Total2
HeatingBaseboard,WallFurnace
CoolingNone
PoolNo
MLS #1159872528
Days on Market0 days

Location

Listed by

Meagan Patterson

BerkshireHathaway HomeServices

MLS# sbpattmea

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.

922 S Pacific Coast | Redondo Beach, CA | Leeper Realty Group