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Peter Lorimer

peter@plgestatesinc.com +1(310) 666-7383

$ 2,995,000

Est. payment | -/mo

6,385 Sqft Lot

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$ 2,995,000

Est. payment | -/mo

Save

6,385 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26134422

Construction Status Termite Clearance

HOA Y/N No

Year Built 1958

Lot Size 6,385 Sqft

Property Sub-Type Mixed Use

Property Description

Redondo Beach Gem! Welcome to 523 Avenue G, a rare generational asset situated in one of South Redondo Beach's most sought-after neighborhoods. Offered for sale for the first time in more than 50 years, this pride-of-ownership property combines stable current income with significant potential for future rental growth. Originally built in 1958, the property has been exceptionally maintained and thoughtfully updated over the years, preserving its timeless character while enhancing long-term functionality. Recent capital improvements include a new roof, upgraded electrical panels, and completed termite treatment with clearance, providing peace of mind and minimizing near-term ownership expenses. Residents enjoy desirable amenities including in-unit washer and dryer hookups, covered garage parking for each unit, and an additional uncovered parking space per unit—an increasingly valuable feature in this highly supply-constrained coastal market. Ideally located with a Walk Score of 82, the property is just minutes from the shops and restaurants of the Hollywood Riviera, as well as some of Southern California's finest beaches. The area is also served by highly regarded schools, including St. Lawrence Academy, Tulita Elementary School, and Riviera Hall Lutheran School. This offering presents an exceptional opportunity for investors seeking dependable cash flow, long-term appreciation, and value-add potential through strategic rental repositioning. Properties of this caliber and location rarely become available, making 523 Avenue G a truly unique investment in one of the South Bay's premier beachside communities. Side Notes - (Repairs, remodels & Upgrades) - New roof (June 2022), Termite Tenting (August 2021), Full Building Painted (May2022), All New Electrical (Jan 2026), Stair & Deck SB 721 Inspection & Repairs (June 2025), Unit A Remodel (Jan 2019), Unit B Remodel (Jan of 2023). Unit D Remodel (Feb 2025), Unit E Remodel (Oct 2025)

Location

State CA

County Los Angeles

Area 156 - S Redondo Bch S Of Torrance Bl

Interior

Flooring Carpet, Laminate

Fireplace No

Appliance Convection Oven, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen

Exterior

Parking Features Assigned, Garage Faces Front, Garage, Garage Door Opener, Paved

Garage Spaces 5.0

Garage Description 5.0

Fence Wood

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Total Parking Spaces 10

Private Pool No

Building

Lot Description Garden, Sprinklers In Front, Sprinklers Timer, Sprinklers On Side, Sprinkler System

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Termite Clearance

Others

Senior Community No

Tax ID 7510028027

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Dallas Brock West Shores Realty, Inc. dallasbrock13@yahoo.com, DRE #01867478

Nearby Locations

Making real estate fast, fun, and stress-free!

+1(310) 666-7383

peter@plgestatesinc.com

523 Avenue G Redondo Beach, CA 90277

Peter Lorimer

Key Details

Location

Interior

Exterior

Building

Others

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523 Avenue G