124 S Guadalupe Ave, Redondo Beach, CA 90277

Property Description

PRICE REDUCED! SELLER WILL CONSIDER ALL OFFERS. This is a rare opportunity to purchase a 12,030’ ocean view lot in South Redondo Beach. The property is on an elevated lot with ocean views from Palos Verdes to Malibu and is just 5 blocks from the beach. The main house is a two story 5 bedroom/ 2 bath home on the front of the property, and a two story 3 bedroom 1 bath rental property located at the rear of the lot. The front house sits 18' above street level with ocean views from both downstairs and upstairs rooms. As a development purchase, the developer has the potential to build up to 4 detached ocean view townhomes on the 12,030 lot. It is currently zoned R-3 Residential.** The lot dimensions are approximately 60’ by 200’ at an elevation of 115' above sea level. Because the lot sits high above the street level, with one story properties to the south, the ability to maximize ocean views provides a developer a chance to build uniquely situated homes that each capture views of the Pacific Ocean. **Buyer to verify all property details and zoning approvals with the City of Redondo Beach. Seller and their agent make no guarantees with regard to lot divisions or property condition. SEE AGENT REMARKS