507 Phelan Ln, Redondo Beach, CA 90278
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507 Phelan Ln Redondo Beach, CA 90278

$989,000
  • 3 Beds
  • 1 Baths
  • 900 Sq.Ft.
For Sale
$989,000 Get Pre-Qualified

Map preview of 507 Phelan Ln, Redondo Beach, CA 90278

Property Overview: 507 Phelan Ln Redondo Beach, CA has 3 bedrooms, 1 bathrooms, 900 living square feet and 5,624 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Nestled in the heart of a vibrant beach community is this charming, one-level, three-bedroom single-family residence. This lovingly maintained home, built in the 1950s, has not been on the market in over 50 years and offers a valuable opportunity over renting. Walking past the nostalgic front porch, you are welcomed inside and greeted with an inspiring beach chic tone. Bright and bathed in natural light, the living space blends vintage allure with endearing character. The kitchen and dining area are a delightful fusion of retro aesthetics and updated amenities, beckoning your culinary creativity. It is a place where the aroma of freshly baked goods can waft through the air as family and friends gather for laughter-filled meals and heartfelt conversations just like in the movies. The traditionally classic layout is just under 1,000 square feet and features three versatile bedrooms and a shared bathroom off the hallway. Sliding glass doors escort the coastal breeze throughout the home and open it to the expansive backyard and side yard where you discover a covered patio, and the biggest avocado tree you have ever seen. These outdoor spaces are just brimming with potential - imagine expanding the floorplan, creating a backyard oasis, or even exploring the possibility of an ADU. Poised on a block with mature trees and wide sidewalks near friendly neighborhood parks, excellent schools, local dining establishments, boutique shopping, and the beach, this home offers a coveted lifestyle of leisure and coastal allure. Embrace this gateway opportunity to own your own home and begin writing the next chapter in your life story.

Listed by Kristine Robinson | BRE #01996932 | Compass
Last checked: 4 minutes ago | Last updated: June 17th, 2024 | Source CRMLS | DOM: 5
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Home details

Lot Sq. Ft
5,624
HOA Dues
$0/mo
Year built
1953
Garage
1 Car
Property Type:
Single Family Home
Status
Active
MLS#
SB24087452
City
Redondo Beach
County
Los Angeles
Time on Site
4 days

Open Houses for 507 Phelan Ln

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Property Details for 507 Phelan Ln

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 1
  • Eating Area: Dining Ell
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Free-Standing Range
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Lighting
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Direct Garage Access, Driveway, Garage - Single Door
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 4158012004
  • Year Built Source: Assessor
  • Architectural Style: Bungalow, Cottage
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Washington
  • Elementary School: WASHIN
  • Middle/Junior High School: Adams
  • Middle/Junior High School: ADAMS
  • High School: Redondo Union
  • High School: REDUNI
  • High School District: Redondo Unified
Location / Neighborhood
Location Information
  • Directions: North of 190th West of Anza
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Park, Sidewalks
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Local Redondo Beach Agent

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Sale History for 507 Phelan Ln

View property's historical transactions
  • June, 2024

  • Jun 13, 2024

    Date

    Active

    CRMLS: SB24087452

    $989,000

    Price

Tax History for 507 Phelan Ln

Assessed Value (2020): $64,727
Year Land Value Improved Value Assessed Value
2020 $47,492 $17,235 $64,727

Home Value Compared to the Market

This property vs the competition

507 Phelan Ln is listed 38.15% lower than the median list price for the city of Redondo Beach which has a median list price of $1,599,000. The median price per/sqft for Redondo Beach is $842 and this home is listed at $1098.89 per/sqft which puts the price per square foot 30.51% higher than the median price per square foot for the city of Redondo Beach.

About 507 Phelan Ln

Detailed summary of property

507 Phelan Ln is a single family home located in Redondo Beach, CA 90278 and is currently for sale. This house offers 3 bedrooms, 1 bathrooms, roughly 900 living square feet, and sits on an approximately 5,624 square foot lot. 507 Phelan Ln was first listed on ArdentRealEstateGroup.com on June 13, 2024. The homeowner is currently asking $989,000. The median priced home in Redondo Beach is $1,599,000 with a median price per square foot of $842. Based on Ardent Real Estate Group's Redondo Beach Market Data, this home is listed 38.15% lower than the median priced home. Local competing homes currently for sale include 1216 W 103rd St, 730 W 109th St and 8900 S Hobart Blvd. While the average home in Redondo Beach, CA is selling in 46 days, 507 Phelan Ln has a days on market of 5 days. There are currently 163 homes for sale in the Redondo Beach real estate market and 65 of them are single family homes while 25 of them are condos and 73 are townhomes. For more information on this home for sale at 507 Phelan Ln Redondo Beach, CA 90278 contact Ardent Real Estate Group and we will put you in touch with one of our Redondo Beach agents.

Public Facts for 507 Phelan Ln

Public county record property details
Beds
3
Baths
1
Year built
1953
Sq. Ft.
900
Lot Size
5,623
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
4158-012-004

The source for these homes facts are from public records.

90278 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,400,000
Median List Price/Sq.Ft.
$749
Median Sold Price
$1,375,000
Median Sold Price/Sq.Ft.
$795
Total Inventory
89
Median Sale to List Price %
98.99%
Avg Days on Market
12
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (28%), Other (32%)

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Related Resources to 507 Phelan Ln

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.