$1,425,000
MLS: SB26125216
Beds
3
Baths
2
Sq Ft
2,054
Lot
0.14 ac
Year Built
1959
MLS #
SB26125216
Days on Market
2
Listed
Jun 10, 2026
Description
Two detached homes on one lot! We are pleased to present a rare two-on-a-lot opportunity in one of the South Bay's most desirable residential pockets. Two detached structures, each with its own private courtyard and garage, offer a level of separation and privacy that a home buyer dreams of at a rare price point. The vacant front home - a beautifully remodeled 3-bedroom, 2-bath - is move-in ready for an owner/user or can be delivered at market rent from day one. The rear 2-bedroom, 1-bath unit provides immediate income to offset your mortgage costs for a young family. The lot also accommodates an ADU, creating a clear path to a third income stream and meaningful upside on long-term asset value. Another huge perk, this home is located directly across the street from the very large and quiet El Nido Park. With a playground for young kids, tons of grass, and a baseball field. Your home comes with the biggest yard a kid can dream of. The park also offers endless parking for your guests for hosting bbq's and parties. Whether you're looking to live in one unit and offset your mortgage, house two generations under one roof, or add a stabilized asset to your portfolio - this property delivers on all fronts.
Location
Redondo Beach, Los Angeles County, CA 90278
Open on Google Maps ↗Listed by: Stephen Takahashi · Lyon Stahl Investment Real Estate, Inc.
Payment estimate
$10,442
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $142,500 · Loan: $1,282,500
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $8,123
- Property tax (1.25%)
- $1,484
- Homeowners insurance
- $300
- Mortgage insurance
- $534
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Redondo Beach home with as little as 3.5% down using an FHA loan — roughly $49,875 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Redondo Beach, CA 90278 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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