A fully updated 3-bedroom, 1-bath home in North Redondo Beach offering a rare combination of modern living, investment potential, and dual-use zoning. Recently renovated with new flooring, a refreshed bathroom, and a remodeled kitchen featuring stainless steel appliances and upgraded cabinetry, this home is stylish, functional, and move-in ready. This property comes fully furnished and set up as a turn-key rental, providing immediate income potential for investors. With its grandfathered residential/commercial zoning, the opportunities are endless—use it as a primary residence, short- or long-term rental, live/work space, or operate a small business. Situated on a private lot with outdoor space for entertaining or relaxing, the home is just minutes from award-winning Redondo schools, shopping, dining, and world-class beaches. Whether you’re seeking a charming coastal home, a ready-made furnished rental, or a versatile live/work investment, 2005 Phelan Lane is a one-of-a-kind South Bay gem.
MLS #
CRGD25220143
MLS Source
California Regional MLS
Days on Site
39
Bedrooms
Ground Floor Bedroom
Appliances
Other, Dryer, Washer
Fireplace
None
Laundry
Hookup - Gas Dryer, Other
Cooling
Ceiling Fan, Window/Wall Unit
Pool
None
Garage/Parking
Garage: 0 Car(s)
Elementary District
Redondo Beach Unified
High School District
Redondo Beach Unified
HOA Fee
$0
2005 Phelan Ln is a Single Family Residence in Redondo Beach, CA 90278. This 958 square foot property sits on a 2,750 Sq Ft Lot and features 3 bedrooms & 1 full bathrooms. It is currently priced at $974,000 and was built in 1946. This address can also be written as 2005 Phelan Ln, Redondo Beach, CA 90278.
©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of September 27, 2025. For the most current information, please contact Sean Morsi