PendingSingleFamilyResidence

704 Elvira Avenue

Redondo Beach, CA, 90277

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$2,500,000

MLS: SB26060708

Beds

3

Baths

3

Sq Ft

2,300

Lot

0.17 ac

Year Built

1938

MLS #

SB26060708

Days on Market

7

Listed

Apr 8, 2026

Description

Nestled on one of the most picturesque streets in Redondo Beach, this nicely maintained home blends timeless charm with exceptional potential. From the moment you step inside, you’re welcomed by a warm & inviting living room featuring a decorative fireplace, high coved ceilings, a large sunlit picture window, & elegant metal sconces that highlight the home’s classic character. Just beyond, the dining room is ideal for gatherings, complete with built-in corner cabinets & a period chandelier. Off the dining area, a uniquely positioned office features hand-painted walls by artisans designed to resemble rich woodwork, along with abundant natural light—creating a quiet, inspiring space for work, reading, or creative pursuits. The kitchen is bright and offers ample cabinetry, generous workspace, & the opportunity for logical expansion. Adjacent is a large, separate open laundry room with additional storage, a built-in ironing board, adding everyday functionality & convenience. A central hallway connects the main living areas to two comfortable downstairs bedrooms & two baths, where vintage tile details add to the home’s enduring appeal. The bedrooms are enhanced by detailed decorative plasterwork—a charming architectural feature reflecting the home’s craftsmanship. At the rear, the expansive family room is a true centerpiece, featuring soaring ceilings & a spiral staircase leading to an upstairs bedroom suite with a Juliet-style balcony. Two sets of double French doors open to a generous paved patio & oversized backyard with room for garden, pool, and/or an ADU—ideal for entertaining, relaxing, and indoor-outdoor living. Adding to the home’s uniqueness is a cool basement space & a walk-in attic—both rare features in the area—offering additional storage, workspace, or creative flexibility. The substantial lot size further enhances value, presenting excellent potential for expansion, customization, or redevelopment. An oversized detached two-car garage completes the offering. Location is a true highlight—just three blocks from the Esplanade & the beach, & a short stroll to Riviera Village with its vibrant mix of restaurants, boutiques, and coastal charm. You’re also within easy distance to Veterans Park, Farmers Market, & the Redondo Pier, as well as just one block from the conveniences along PCH. This is a rare opportunity to own a home that captures the essence of Redondo Beach living—whether to enjoy as-is or reimagine it into something truly exceptional.

Location

Redondo Beach, Los Angeles County, CA 90277

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Listed by: Susan Morrow · Estate Properties

Payment estimate

$17,666

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $250,000 · Loan: $2,250,000

%
Principal & Interest
$13,824
Property tax (1.25%)
$2,604
Homeowners insurance
$300
Mortgage insurance
$938
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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 $87,500 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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