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$1,500,000
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Property Description
Investor Alert!! Prime Lot in Desirable Redondo Beach Neighborhood with Multi-Unit Potential. This is a rare opportunity to acquire a 6,088 SF lot (40' x 152'), zoned RBR-3, offering excellent potential for redevelopment in a highly sought-after area. The property is being sold primarily for land value. The existing 766 sq ft home is in disrepair and underutilized for the neighborhood. No repairs or improvements will be made. Sold As-Is. This is a probate sale. The executor has court authority. All contracts must include a 15-day notification/review period for several private and institutional heirs. Owner passed away peacefully at the home in October 2024. A prime canvas for development. This property presents huge upside potential for builders, developers, and savvy investors looking to capitalize on zoning that supports multi-unit housing. Don't miss this chance to reimagine a property in a rapidly evolving neighborhood. Use caution when showing; the front & back porch railings are unstable, and there are uneven surfaces in the yard.
Full Property Details
Full Property Details for 122 S Irena Ave
General
- Sold For: $1,500,000
- Status: Closed
- Type: Single Family
- Source: CLAW
- MLS ID: 25559677PS
- Added to Site: 190 day(s) ago
Interior
- Rooms/Areas: Dining Room, Living Room
- Furnishings: Furnished
- Flooring: Carpet, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Laundry Area
Additional Information
- Shared Amenities: None
- Pool Description: None
- Spa Description: None
- Security/Safety: None
- Other Features: Shed(s)
Parking
- Garage Description: Driveway
Location
- Area: S. Redondo Beach North of Torrance Blvd
- County: Los Angeles
- Cross Streets: Torrance Blvd & S. Prospect Ave
- Driving Directions: Del Amo Blvd, Turn left onto N Prospect Ave, Turn right onto Garnet St, Turn right onto S Irena Ave.
School Information
- School District: Redondo Unified
Heating & Cooling
- Cooling Type: None
- Heating Type: Floor Furnace
Utilities
- Sewer: In Street
- Water: Meter on Property, District
Structural Information
- Architectural Style: Bungalow
- Structure Type: Single Family Residence
- Common Walls: Detached/No Common Walls
- Stories/Levels: 1
- Square Feet: 766
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1920
- Year Built Source: Vendor Enhanced
- Property Condition: Tear Down, Fixer, Value Mainly In Land
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.1398
- Lot Size: 6088
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 40 x 151
- Zoning: RBR-3
- Lot Description: Tear Down On Lot, Value In Land
Financial Considerations
- Price Per Sq. Ft.: $1,951.7
- Assessment Year: 1920
Disclosures and Reports
- Inclusions: Remaining Home and Shed Contents
- Disclosures/Reports: Probate, Court Approval Not Required, As Is
- APN: 7506-003-028
Listed by Town Real Estate, Ronald Webb
Sold by WestCoast Realty & Management, Steven Mansour
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Schools
Schools serving 122 S Irena Ave
School District:Redondo Beach Unified School District
| Name | Grades | Distance |
|---|---|---|
Alta Vista Elementary School, Redondo Beach, CA 815 Knob Hill Avenue, Redondo Beach, CA 90277 | K-5 | 0.8 mi |
Parras (Nick G.) Middle School 200 North Lucia Avenue, Redondo Beach, CA 90277 | 6-8 | 0.3 mi |
Redondo Union High School One Sea Hawk Way, Redondo Beach, CA 90277 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 S Irena Ave
Date
Details
Price
Change
Source
8/25/2025
Sold
$1,500,000
0.33%
MLS
7/11/2025
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
122 S Irena Ave, Redondo Beach, CA 90277 (MLS# 25559677PS) is a Single Family property that was sold at $1,500,000 on August 25, 2025. Want to learn more about 122 S Irena Ave? Do you have questions about finding other Single Family real estate for sale in Redondo Beach? You can browse all Redondo Beach real estate or contact a Coldwell Banker agent to request more information.

