Rare trophy property offering exceptional versatility with two distinct living areas and extensive recent improvements throughout. Delivered vacant and move-in ready, the residence is ideally suited for owner-occupants, multigenerational living, or buyers seeking flexible space with supplemental rental-income potential. Located approximately one mile from the beach in the heart of Redondo Beach, the bright and airy interior features designer finishes, spacious bedrooms, abundant natural light, and seamless indoor-outdoor living. The upper residence includes a spacious primary suite with a fully remodeled en-suite bathroom featuring a new vanity, sink, tile, flooring, mirror, fixtures, and faucets, along with access to a private balcony. The secondary upstairs bathroom has also been updated with new tile, designer wallpaper, a new shower head, and an updated shower faucet. The remodeled upper kitchen showcases newly installed cabinetry and countertops, stainless steel appliances, a new vent hood, and a stainless steel refrigerator. Skylights fill the upper level with natural light, while central air conditioning, plantation shutters throughout the bedrooms, and new French doors opening from the living room to a private covered front balcony create an inviting coastal living environment. The attached garage is finished with a newly applied epoxy floor. The lower living area offers its own newly installed kitchen cabinetry and countertops, stainless steel appliances, a new vent hood, and an updated bathroom with a new vanity, sink, mirror, faucet, and shower head. Additional improvements include new flooring, baseboards, and interior doors. Sliding glass doors open to a covered patio and private backyard with low-maintenance artificial turf, providing a comfortable setting for relaxing, entertaining, or everyday living. Additional improvements include new interior and exterior paint, updated light switches and outlets throughout, and a roof approximately four years old.Prior to the installation of the new kitchens and bathrooms and completion of the recent interior and exterior improvements, the property generated approximately $7,995 per month in combined rental income, with the upper living area leasing for approximately $4,995 per month and the lower living area leasing for approximately $3,000 per month. Conveniently located near highly regarded schools, shopping, dining, parks, and the beach, this is a rare opportunity to enjoy the best of South Bay coastal living with exceptional flexibility and income potential. Property will be delivered vacant.