507 Phelan Lane, Redondo Beach, CA 90278

$989,000 Asking Price

3 beds
1 bath
900  sqft
Built in 1953

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.


Features & Amenities

Interior

Appliances:
Free-Standing Range
Laundry:
In Kitchen
A/C:
false, None
Heating:
true, Forced Air
Fireplace:
None

Exterior

General:
Lighting
Style:
Bungalow,Cottage
Pool:
None
Parking:
Direct Access,Door-Single,Driveway,Garage, Parking spaces: 1

Construction

Roofing:
Composition,Shingle
General:
1, Raised

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
CRMLS
School District:
Redondo Unified
County:
Los Angeles

Lot

Zoning:
RBR-1, 4158012004
View:
Neighborhood, View

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
CRMLS
Exclusions:
Property is Shown Staged. Washer and Dryer are not Included

This listing courtesy of:
Compass, Kristine Robinson

About Redondo Beach, CA

Housing

Number of Units
33,422
Median Home Value
$995,085
Median Rent
$1,959

47.10% of housing units are renter occupied.

5.13% are vacant.

Commute

Car
57.15%
Public Transportation
0.57%
Walk to Work
1.04%
Work from Home
39.49%
Other
0.94%

The median travel time to work is 20 minutes.

People

Population
77,816
Median Age
40.60
Median Household Size
2.60

Education

High School
10.25%
Associate’s Degree
8.30%
Bachelor’s Degree
38.33%
Graduate Degree
23.72%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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