1223 Beryl Street, Redondo Beach, California 90277, Redondo Beach, 90277 - bed, bath

1223 Beryl Street, Redondo Beach, California 90277 home-pic-0
ACTIVE$4,200,000
1223 Beryl Street, Redondo Beach, California 90277
0Bed
0Bath
7,537Sqft
10,742Lot
Year Built
1963
Close
-
List price
$4.2M
Original List price
$4.6M
Price/Sqft
$557
HOA
-
Days on market
-
Sold On
-
MLS number
SB25083637
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $4.20M(50th), sqft - 7537(50th), beds - undefined(50th), baths - undefined(50th).

1223 Beryl St consists of 8 garden style apartment units across two buildings in the heart of Beryl Heights, Redondo Beach. The front building is a stand-alone townhouse boasting four bedrooms and two and a half bathrooms. It has a full kitchen with dining area, a living room separated by a fireplace, in unit washer/dryer, and a private yard. This unit was fully remodeled in 2024. The back building has four spacious two bedroom-two bathroom units and three one bedroom-one bathroom units. A number of the units have been renovated and all are well-maintained. Each unit opens up to a beautiful courtyard with a private BBQ area for residents. There is an on-site laundry room and enclosed garages. The property is beautifully maintained. With the Pacific Ocean only one mile away, 1223 Beryl St is primely located across the street from a grocery store, a dog park, medical offices and many retail establishments. Residents can walk to shops, have access to local freeways, and enjoy the local pier and surrounding beach communities. Contact the listing agent for a full marketing package, including interior photos, a rent roll, and financials. **NOTE: Expenses include property taxes at 1.2% of list price and 2025 insurance costs.

Nearby schools

8/10
Towers Elementary School
Public,K-50.3mi
8/10
Victor Elementary School
Public,K-51.1mi
9/10
Anza Elementary School
Public,K-51.6mi
9/10
Alta Vista Elementary School
Public,K-51.8mi
9/10
Tulita Elementary School
Public,K-52.3mi
9/10
Seaside Elementary School
Public,K-52.6mi
8/10
Riviera Elementary School
Public,K-53.3mi
8/10
Bert M. Lynn Middle School
Public,6-81.0mi
8/10
Jefferson Middle School
Public,6-82.1mi
7/10
Calle Mayor Middle School
Public,6-82.9mi
8/10
Edward J. Richardson Middle School
Public,6-83.2mi
9/10
West High School
Public,9-121.0mi
9/10
South High School
Public,9-123.2mi

Price History

Date
Event
Price
01/23/14
Sold
$2,825,000
04/03/07
Sold
$1,376,000
10/25/02
Sold
$1,650,000
Condition Rating
Good

The property, built in 1963, has undergone significant recent renovations. The front townhouse unit was fully remodeled in 2024, indicating excellent, modern conditions for its kitchen, bathrooms, and overall features. Additionally, 'a number' of the other units have been renovated, and the entire property is described as 'beautifully maintained,' which is supported by the clean and modern exterior images. While not every unit has been fully renovated to 2024 standards, the extensive updates, particularly the recent full remodel of the largest unit, ensure the property is move-in ready with minimal wear and tear. The overall condition, blending newly renovated spaces with well-maintained updated units, aligns with a 'Good' rating, as major systems are functional and the property presents a high quality of living, even with its older underlying structure.
Pros & Cons

Pros

Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Exceptional Coastal Location: Situated just one mile from the Pacific Ocean in Redondo Beach, offering residents convenient access to beaches, pier, and a vibrant coastal lifestyle.
High Walkability & Local Amenities: Directly across from a grocery store, dog park, medical offices, and retail, providing unparalleled convenience and enhancing tenant desirability.
Diverse & Renovated Unit Mix: Comprises 8 units with a desirable mix of 1, 2, and a fully remodeled 4-bedroom townhouse (2024), appealing to a broad tenant base and minimizing immediate capital expenditure.
Desirable On-Site Amenities: Features a beautiful courtyard with a private BBQ area, on-site laundry, and enclosed garages, significantly enhancing tenant comfort and retention.
Well-Maintained Asset: Explicitly described as 'beautifully maintained' with renovated units, suggesting a turn-key investment with reduced immediate maintenance concerns.

Cons

Property Age & Potential Infrastructure Concerns: Built in 1963, the property is over 60 years old, which may imply potential for aging infrastructure (e.g., plumbing, electrical, roof) not covered by recent unit renovations.
Limited Financial Transparency: The listing defers to the agent for a full marketing package, including rent roll and financials, which are crucial for initial investment analysis and not immediately available.
Recent Price Reduction: The property has seen a significant price reduction from $4.6M to $4.2M, which could indicate initial overpricing or market resistance, potentially signaling a need for further negotiation or a slower sales cycle.

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