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Sold for $1,200,000
  • Listing Provided by: 

    Kristine Robinson DRE #01996932 310-990-0302,

    Compass

    Bought with: Compass
    $1,200,000

    507 Phelan Ln, Redondo Beach, CA 90278

    3beds
    900sqft
    Single Family Residence
    Built in 1953
    5,624 Square Feet Lot
    $1,419,300 Zestimate®
    $1,333/sqft
    $5,956 Estimated rent

    Home value

    $1,419,300

    $1.29M - $1.58M

    $5,956/mo

    Zestimate® history
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    $5,956/mo

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    $7,470/mo

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    $7,470/mo

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    What's special

    Nestled in the heart of a vibrant beach community is this charming, one-level, three-bedroom single-family residence. This lovingly maintained home, built in the 1950s, has not been on the market in over 50 years and offers a valuable opportunity over renting. Walking past the nostalgic front porch, you are welcomed inside and greeted with an inspiring beach chic tone. Bright and bathed in natural light, the living space blends vintage allure with endearing character. The kitchen and dining area are a delightful fusion of retro aesthetics and updated amenities, beckoning your culinary creativity. It is a place where the aroma of freshly baked goods can waft through the air as family and friends gather for laughter-filled meals and heartfelt conversations just like in the movies. The traditionally classic layout is just under 1,000 square feet and features three versatile bedrooms and a shared bathroom off the hallway. Sliding glass doors escort the coastal breeze throughout the home and open it to the expansive backyard and side yard where you discover a covered patio, and the biggest avocado tree you have ever seen. These outdoor spaces are just brimming with potential - imagine expanding the floorplan, creating a backyard oasis, or even exploring the possibility of an ADU. Poised on a block with mature trees and wide sidewalks near friendly neighborhood parks, excellent schools, local dining establishments, boutique shopping, and the beach, this home offers a coveted lifestyle of leisure and coastal allure. Embrace this gateway opportunity to own your own home and begin writing the next chapter in your life story.

    Zillow last checked: 7 hours ago

    Listing updated: July 16, 2024 at 08:42pm

    Listing Provided by:

    Kristine Robinson DRE #01996932 310-990-0302,

    Compass

    Bought with:

    Kristine Robinson, DRE #01996932

    Compass

    Source: CRMLS,MLS#: SB24087452MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Bathroom
    • Features: Bathtub
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Free-Standing Range
    • Laundry: In Kitchen
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 900 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Direct Access, Door-Single, Driveway, Garage
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street level
    • Patio & porch: Front Porch, Patio
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 5,624 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 4158012004
    • Zoning: RBR-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Cottage
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Raised
    • Roof: Composition,Shingle
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Park, Sidewalks
    Location
    • Region: Redondo Beach

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/25/2026Listing removed$6,500$7/sqft
    Source: Zillow Rentals Report a problem
    3/13/2026Listed for rent$6,500$7/sqft
    Source: Zillow Rentals Report a problem
    7/16/2024Sold$1,200,000+21.3%$1,333/sqft
    Source: CRMLS #SB24087452 Report a problem
    7/12/2024Pending sale$989,000$1,099/sqft
    Source: CRMLS #SB24087452 Report a problem
    6/25/2024Contingent$989,000$1,099/sqft
    Source: CRMLS #SB24087452 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,484 +818.6%$1,200,000 +1629.2%
    2024$1,577 +1.2%$69,397 +2%
    2023$1,559 +4%$68,037 +2%

    Find assessor info on the county website

    Neighborhood: 90278

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Washington
    • Middle: Adams
    • High: Redondo Union

    Source: CRMLS. 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
    $1,419,300
    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
    $1,419,300