$10,000

closing credit¹

705 S Pacific Coast Hwy Redondo Beach, CA 90277

$2,199,000
8 beds
4 baths
4,549 sqft
0.2 acres
$483 / sqft
House

Property details

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!

Highlights

Home typeOther
StatusAccepting Backup Offers
(Active Under Contract)
Size4,549 sqft
Lot size0.1692 Acres
Year built1925
ParkingGarage
MLS #24468849
Garage4 spaces

Summary

  • MLS Number: 24468849
  • MLS Name: CRMLS
  • 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: 1/30/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view featuring a water view

$2,199,000

705 S Pacific Coast Hwy

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 23, 2010
Home Sold
$800,000

Tax history

YearAssessmentProperty Tax
2024$985,993$12,082
2023$966,661$11,915
2022$947,708$11,679
2021$929,126$11,503
2020$919,600$11,361
2019$901,569$10,991
2018$883,893$10,920
2017$866,563$10,920

History based on county public records data.

Nearby schools

8

Alta Vista Elementary School

Public District KG-5

0.4 mi

815 Knob Hill Ave

10

Tulita Elementary School

Public District KG-5

0.9 mi

1520 S Prospect Ave

8

Anza Elementary School

Public District KG-5

1.2 mi

21400 Ellinwood Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $93,432. The majority of Redondo Beach, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

19%
<35k
35%
35k-100k
35%
100k-200k
11%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

67%
Single, No Kids
4%
Single, with Kids
22%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
3%
12-17 yrs old
27%
18-34 yrs old
50%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Art MuseumsArt Museums
  • Live TheatreLive Theatre
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • ChipotleChipotle

What do the neighbors drive?

  • AudiAudi
  • MercedesMercedes
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
All data provided by Home Junction and Claritas

Frequently asked questions

About 705 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 3, 2024 and is currently priced at $2,199,000.

While more than 14 listings in Redondo Beach, CA in December 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 28 were sold below. In December 2024 in Redondo Beach, CA there were 14.8% less homes for sale than in November. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,507,500.

From Rocket Homes Real Estate and based on county public records data.

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