Located in the highly desirable community of South Redondo Beach, this 3-bedroom, 3-bath, 1,549 square foot condo presents an exceptional opportunity to own in the South Bay. Just minutes from the beach, Riviera Village, Hopkins Wilderness Park, local parks, restaurants, and top-rated Redondo Beach schools, this location offers an ideal blend of convenience and coastal lifestyle. This condo features captivating views stretching from Long Beach to downtown Los Angeles and the Hollywood Sign. Its functional floor plan includes spacious living areas, two private balconies, and generously sized bedrooms. This condo is also one of the few units in the building to offer in-unit washer and dryer hookups, a private walk-in storage closet at parking level, and two side-by-side parking spaces. In addition, residents enjoy access to a variety of building amenities including gated entry, elevator access, an indoor pool, fitness area, game room, sauna, and a communal laundry room.
This condo is being sold in its current as-is unfinished condition.
The sellers halted renovations after discovering issues during renovations. The sellers are currently in communication with the HOA but
cannot guarantee any of these issues will be resolved by close of escrow. As of the listing date, known issues with HOA include:
1. Recent water leak originating from another unit with damage to surrounding structural materials,
2. Termite damage and needed termite remediation,
3. Mold damage and mold remediation (“The Association will coordinate and cover the cost of mold remediation unless a finding of bad faith is determined, consistent with Section 6.08 of the CC&Rs, which limits Association liability except in cases of bad faith.”),
4. Water damage to structural materials from prior leaks,
5. Properly sloping and sealing balconies,
6. Water intrusion from outside (leak detection testing required),
7. Outdated hard-wired smoke detectors.
8. Seller is currently suing HOA
The sellers are highly motivated & are seeking buyers who understand the property’s current condition.
Property will be sold:
1) Sold in as-is condition
2) Seller will not complete repairs or provide repair credits
3) Known issues may or may not be resolved by HOA by close of escrow
4) Cash buyers due to condition of property
