218 N Broadway
Redondo Beach, CA, 90277
$1,395,000
MLS: SB25078741
Beds
2
Baths
2
Sq Ft
1,238
Lot
0.09 ac
Year Built
1911
MLS #
SB25078741
Days on Market
123
Listed
Apr 10, 2025
Description
1 of a kind, rare Cape Cod beach duplex with a large grassed front yard. Two 1 bedroom & 1 bath rental units.Pride of ownership! Seller has owned this property for over 30+ years. This property has been renovated through the years, but still has the old vintage cottage feel & elegance. Property features a large grassed front yard with mature vegetation and a large usable outside deck! This is one of the most desired streets in South Redondo Beach just 2 blocks to the beach. This street has many mature trees that line the street and many historical vintage original Beach Cottages. Full size washer & dryer on property. Walking distance to beach, shopping, restaurants and the Historic Redondo Beach Pier. Redondo Beach Pier has many restaurants & a great night life which includes summer concerts. Award winning RB schools. Zoned R3A and city planning dept. has confirmed that an ADU up to 1200sf can be built on the existing property as long as existing structure is not changed. This ADU structure would have the state code option of having either 800sf with 1 bedroom or 1000sf with 2 bedrooms or 1200 sf with 3 bedrooms. Per city planning dept. no additional parking would be required for ADU, but can add up to a 4 car garage. Buyer to verify all information with Redondo Beach City Planning Dept. Do not disturb, tenant occupied month to month upper unit. Downstairs unit vacant. All showings by appointment only with 24 hour notice. Call listing agent for all showings & any questions.
Location
Redondo Beach, Los Angeles County, CA 90277
Open on Google Maps ↗Listed by: Ben Vicini · Pacific Real Estate & Mortgage
Payment estimate
$9,990
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $139,500 · Loan: $1,255,500
- Principal & Interest
- $7,714
- Property tax (1.25%)
- $1,453
- Homeowners insurance
- $300
- Mortgage insurance
- $523
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $48,825 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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