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Sold on 02/19/2026
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1011 S Prospect Ave, Redondo Beach, CA 90277

  • $2,666,000

    Last sold 02/19/2026 after 216 Days

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    bed

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    bath

Multi-family not for sale
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About 1011 S Prospect Ave

Property type Multi-family
Neighborhood
Year built 2025
HOA fee $0/month
Lot size 5,845 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
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.
Listed by
Listing Agent - Danielle Newson
Listing Agent Contact: 310-809-8943
Listing Office - Vista Sotheby’s International Realty
Source: CRMLS mls logo
MLS#SB25190148 • last updated 2 months ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Single Family Residence
Status Closed
Lot Size (Acres) 0.1342
Lot Size (SqFt) 5845
Year Built 2025
Condition Turnkey
Interior
Laundry Individual Room
Flooring Wood
Appliances 6 Burner Stove, Dishwasher, Electric Oven, Gas Cooktop, Tankless Water Heater
Interior Features High Ceilings
Exterior
Building Area Square Feet, 4150
Parking Driveway, Garage
# Uncovered Spaces 2
# Parking Spaces 4
# Garage Spaces 2
Other Structures Guest House Attached
Lot Description Front Yard, Sprinkler System
Amenities / Utilities
Fireplaces Family Room, Gas
Sewer/ Septic Public Sewer
Green Features: Energy Generation Solar
Water Source Public
Pool None
Location
County Los Angeles
Community Features Biking, Curbs, Watersports, Sidewalks, Suburban
Zoning RBR-1
Directions Prospect And Avenue B
APN 7509020003
Multifamily Details
Operating Expense 44500
Cap Rate 4.5
Expense: Insurance 12000
Total Expenses 12000
Gross Scheduled Income 189600
  • Feb 2026
    mls logo MLS # SB25190148
  • Feb 19, 2026 Sold
    $2,666,000
  • Jan 20, 2026 Pending
    —
  • Jul 18, 2025 Listed
    $3,200,000
  • Feb 2026
    mls logo MLS # SB25170653
  • Feb 19, 2026 Sold
    $2,666,000 (-3.9%)
  • Jan 20, 2026 Pending
    —
  • Dec 12, 2025 Price Change
    $2,775,000 (-2.6%)
  • Aug 25, 2025 Price Change
    $2,850,000 (-10.9%)
  • Jun 18, 2025 Listed
    $3,200,000 (+302.0%)
  • Feb 2019
    mls logo MLS # SB19009115
  • Feb 20, 2019 Sold
    $796,000
  • Feb 20, 2019 Sold
    $796,000 (+0.1%)
  • Jan 19, 2019 Pending
    —
  • Jan 11, 2019 Listed
    $795,000
  • Jan 11, 2019 Listed
    $795,000
  • Jan 2019
    MLS # 9010026
  • Jan 19, 2019 Pending
    —
  • Jan 2019
    mls logo MLS # SB18249187
  • Jan 11, 2019 Expired
    —
  • Dec 8, 2018 Price Change
    $795,000 (-11.7%)
  • Nov 5, 2018 Price Change
    $900,000 (-9.1%)
  • Oct 11, 2018 Listed
    $990,000
  • Oct 11, 2018 Listed
    $990,000

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Nearby homes for sale in Redondo Beach, CA

  • Real Estate
  • CA
  • Los Angeles County
  • Redondo Beach
  • 90277
  • South Redondo Beach
  • 1011 S Prospect Ave
$2.6M
Range: $2.36M-$2.83M
Last 30 days 
Rental est.: $2,357/month
Gross rent multiplier: 98.1

Nearby recently sold homes in Redondo Beach, CA

  • 1011 S Prospect Ave
    $2.66M
  • South Redondo Beach
    $1.62M +3% y/y
  • 90277
    $1.59M -6% y/y
  • Redondo Beach
    $1.58M +2% y/y
No chart available
Statistics calculated by Movoto
9/10
Redondo Union High School
public Grades 9-12
Redondo Beach Unified School District
Source: GreatSchools.org © 2026. All rights reserved.
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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/5/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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