1600 Spreckels Lane
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2026 | Sold | ||
| Sold | |||
| Mar 11, 2026 | In contract | - | |
| In contract | |||
| Feb 28, 2026 | Price Decreased |
$1,499,000
↓ $50K
(3.2%) | |
| Price Decreased | |||
| Jan 29, 2026 | Listed by Vista Sotheby’s International Realty | $1,549,000 | |
| Listed by Vista Sotheby’s International Realty | |||
| | |||
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Set on a desirable corner lot in Redondo Beach, this immaculately maintained, thoughtfully updated home has a crisp modern feel and standout indoor-outdoor living. A striking contemporary front door opens to a bright living room with wood floors and a custom crafted TV nook that keeps the space polished and functional. The open layout flows into a beautifully refreshed kitchen featuring new cabinetry and quartz countertops, a farmhouse sink, designer tile backsplash, a spacious center island and a newer cooktop with griddle. A custom coffee nook adds everyday convenience, while built-in seating creates the perfect casual dining area with room for a large table. The bathrooms have been completely redone with fresh tile, paint, updated tub and shower surrounds and new vanities, delivering a clean, elevated look throughout. The downstairs bath showcases a glass shower, hex tile flooring, a floating wood vanity and herringbone tile detail in the shower. Sliding doors open to a custom tropical hardwood (cumaru) deck with built-in seating and plenty of space to grill, relax or gather around a fire pit, complemented by matching cumaru fencing for a warm, modern finish. Upstairs, a bonus space is ideal for an office or playroom and opens to a large patio for an additional outdoor escape. Three upstairs bedrooms feature wood floors, fresh paint and ample closet space, along with custom window coverings that complete the look. Behind the scenes, major upgrades provide comfort and peace of mind: new double-pane vinyl windows throughout, a new central A/C and heating system, new Pex/copper plumbing lines, a hot water recirculation system for instant hot water at every faucet, whole house water filtration, a 200-amp electrical panel and a water heater replaced in 2020. Recessed lighting, a skylight, custom railings and clean horizontal fencing tie it all together—this is a turn-key Redondo Beach opportunity with style, function and upgrades already done.
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| Jun 9, 2020 | Sold | ||
| Sold | |||
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About North Redondo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017