Listed by: Wesley Bauer, eXp Realty of California, Inc.
$1,620,000
●
House -
Off Market
2820 Timothy Avenue
Redondo Beach, CA 90278
4 Beds
2 Baths
1,460 Ft²
$6,629
Est. Monthly
About This Property
Charming and full of potential, this 4-bedroom, 1.75-bath home sits
on a spacious corner lot in the highly sought-after TRW tract of
North Redondo Beach. Just steps from Lincoln Elementary School and
Anderson Park, it offers the perfect blend of convenience and a
welcoming, family-friendly vibe. Inside, you'll find
beautifully refinished original hardwood floors, fresh interior
paint, and new carpeting, presenting a fantastic opportunity for
renovation or the construction of your dream home. The living
room features a large bay window that fills the space with natural
light, while the kitchen opens to a private backyard patio-an ideal
spot for outdoor dining and relaxation. The expansive yard,
complete with mature lemon tree, provides ample space for play,
entertaining, or future expansion. Parking is plentiful with
a covered carport in the front and an oversized two-car garage with
an attached storage room on the side. Whether you're looking to
move in, renovate, or build your dream home, this property offers
an incredible opportunity in a prime location. Don't miss it!
Unit Size
1,460 Ft²
Days on Market
28 days
Land Size
0.15 acres
Price per sqft
$925
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1943
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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%.
How much can I actually make?
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.
Last updated: 2 years ago (CRMLS #SB25060414)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | Listed by eXp Realty of California, Inc. | $1,350,000 | |
| Listed by eXp Realty of California, Inc. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
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HOA + Taxes
About North Redondo Beach
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Listed by: Wesley Bauer, eXp Realty of California, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB25060414
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB25060414
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