1011 S Prospect Avenue Redondo Beach, CA $ 2,775,000
1011 S Prospect Avenue
$ 2,775,000
New Construction
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1011 S Prospect Avenue

Redondo Beach, CA, 90277
$ 2,775,000
Baths1.1 Sq 4,150

Monthly Estimate*

$ 17,312

Listed by Vista Sotheby’s International Realty
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Studio

Multi-Family Home for sale in Redondo Beach, CA

for $2,775,000 with 1 full bath, 1 half bath. This 4,150 square foot home was built in 2025 on a lot size of 0.1342.

Price to good to be true! This is an astonishing DEAL just in time for the holidays! Grow Your Real Estate Portfolio with this Solid Investment Opportunity, Less than 1 mile to the Beach and the Vibrant Riviera Village. This is 1 of 3 Adjacent lots with 3, New Construction, single family homes and 3 ADUs spanning over 17,000 sq. ft. in South Redondo Beach (Adjacent addresses are 1003 S Prospect and 1007 S Prospect Ave, offered for sale separately online and on the MLS). Consider 1, 2 or all 3 homes for your RE Portfolio or a Family Compound near the Beach. All 3 homes feature a main house with ground level bedroom and private bath, plus 3 bedrooms and 2 bathrooms upstairs. Each home includes a separate address ADU with private entrance, inside laundry and are separately metered. Exceptional craftsmanship with Premium Italian cabinetry by AR-DUE, Thermador appliances with dual fuel ranges, quartz counter tops, European Oak flooring and custom closet systems by Maronese ACF. New construction benefits include battery ready Solar systems and tankless water heaters on both the main houses and the ADUs. This is a rare opportunity for the buyer seeking adjacent parcels in the Beach Cities. We welcome your questions and interest.

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Multi-Family Active

Price

$ 2,775,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1342

Year Built

2025

Town/City

Redondo Beach

County/Region

Los Angeles

MLS | Web ID

SB25190148

Days on Market

159

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Appliances 6 Burner Stove Dishwasher Electric Oven Gas Cooktop Tankless Water Heater
Zoning RBR-1
Garage Spaces 2
Pool Features None
Year Built 2025
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Gross Income 0
Community Features Biking Curbs Suburban Sidewalks Water Sports
County Los Angeles
Net Operating Income 145100
Operating Expense 44500
Insurance Expense 12000
New Construction true
Property Type Residential Income
Garage Y/N true
Green Energy Generation Solar
Other Structures Guest House Attached
Special Listing Conditions Standard
Status Active
Directions Prospect and Avenue B
City Redondo Beach
Entry Location front
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 2
MLS Area 157 - S Redondo Bch W of PCH
Lot Size Units Square Feet
Lot Size Square Feet 5845
Listing Terms Cash Cash to New Loan 1031 Exchange VA Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Turnkey
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Builder
Tax Lot 3
Property Sub Type Additional Single Family Residence
Cap Rate 4.5
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Interior
Interior Amenities High Ceilings
Flooring Wood
Fireplace Features Family Room Gas
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Laundry Room
Entry Level 1
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Exterior
Parking Features Driveway Garage
Lot Features Front Yard Sprinkler System
Water Source Public
Total Parking 4
Lot Size Area 5845
Number of Buildings 1
Building Area Total 4150
Lot Size Acres 0.1342
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Vista Sotheby’S International Realty

Broker

danielle@EntourageRE.com

Email

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$17,312
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Monthly Principal & Interest
$17,312
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/13/2025$2,775,000 -2.63% Price Down
11/20/2025$2,850,000 Listed Price

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1011 S Prospect Avenue, Redondo Beach, CA, 90277 is a Multi-Family Home for sale at $2,775,000 with 4,150 sqft and a lot size of 0.1342. 1011 S Prospect Avenue is a studio with 1.1 baths and was built in 2025. The property's zip code is 90277 which is in Redondo Beach, CA