The Rising Values of 1 Bedroom Ocean View Condos in The Village

The one bedroom Village condos in Redondo Beach are a great indicator of the South Redondo real estate market over time as the units are all the same size and configuration. The

The Village

ocean views make a big difference as well as the floor it’s on, but in general the units are pretty similar. Therefore the changes in values year over year make for a good indication of the direction the market is heading.  See below for information on the sales so far in 2018 and how they compare with 2017 and 2016.  It indicates while prices are still high the market is softening with a smaller increase in values from 2017 as well as a longer average days on market.

2018

As of September 10th,  2018 has seen 5 one bedroom condos sold at a median price of $630,000 and an average price of $628,000.  That averaged out to around $1,015 a square foot for the year.  Another important number was the average days on market for 2017 which was 35.

  Address Price $/Sqft
650 The Village #211  $                  600,000 969
610 The Village #311  $                  645,000 1042
610 The Village #315  $                  630,000 1018
620 The Village #108  $                  610,000 985
650 The Village #108  $                  655,000 1058

2017

In 2017 8 one bedroom condos sold at a median price of $615,000 and an average price of $621,000.  That averaged out to around $993 a square foot for the year.  Another important number was the average days on market for 2017 which was 19.

Address  Price  $/Sqft
650 The Village #214  $                  590,000 953
630 The Village #311  $                  615,000 994
620 The Village #107  $                  615,000 994
660 The Village #108  $                  594,000 960
630 The Village #211  $                  635,000 1026
610 The Village #311  $                  670,000 1082
650 The Village #212  $                  650,000 1050
630 The Village #210  $                  599,000 968

2016

In 2016 10 one bedroom condos sold at a median price of $552,550 and an average price of $557,800.  That averaged out to around $900 a square foot for the year.  Another important number was the average days on market for 2016 which was 29.

Address  Price  $/Sqft
650
The Village #210  $                  545,000 880
630
The Village #207  $                  550,000 889
660
The Village #309  $                  600,500 970
650
The Village #104  $                  520,000 840
640
The Village #312  $                  590,000 953
630
The Village #109  $                  520,000 840
660
The Village #310  $                  570,000 921
620
The Village #206  $                  545,000 880
630
The Village #204  $                  555,000 897
630
The Village #115  $                  582,500 941

Waterfront Information Center Open House Scheduled for January 19th

The Waterfront Information Center has recently moved to a more suitable location in and near the area of the proposed CenterCal project.  Their new address is:

239 N. Harbor Dr.
Redondo Beach, CA 90277

They are having an open house this evening (1/19) to hear about the project and to see the model.

From the Waterfront website:

 

TWO PRESENTATION TIMES TO ATTEND 

Due to overwhelming interest, The Waterfront Information Center open house

will now have two presentation opportunities to attend on Thursday, Jan. 19.

As we would like to provide everyone a chance to view the model,

your presence is politely requested to attend only one.*

First presentation – 6 p.m.

Second presentation – 7 p.m.
Presentations by Jean Paul Wardy, President, CenterCal Properties.

Tour our new home, view The Waterfront 3-D model & learn more about

the proposed project with your fellow Redondo Beach community members.

Light refreshments will be served and parking validation will be provided.

5:30 – 7:30 p.m.

239 N. Harbor Dr.,

Redondo Beach, CA 90277

Can’t make this event? Mark your calendars & join us 

Feb. 6 or Feb. 27 for two additional open house events. Details to follow.

*Please note, if you have already RSVP’ed to attend, you do not need to do so again.

The Village and Seascape Photo Gallery – Ocean View Living in Redondo Beach

If a picture is worth a thousand words, who wouldn’t want to live here?  When people think of Redondo Beach they think of sun, sand and the beautiful ocean.  The homes in South Redondo Beach offer that and then some.  Below are pictures of the Seascape buildings as well as The Village and the pier.  To see the current homes for sale in the Village and Seascape visit our listing page.

New Real Estate Site Dedicated to The Village and Seascape in Redondo Beach

By Keith Kyle620_The_Village_#216_exterior2 copy

There’s a new site dedicated to the homes in the communities of The Village and Seascape in South Redondo Beach.  Dedicated to the coastal lifestyle offered in these ocean view communities, The Village Redondo Beach real estate website offers information on the floorplans, current condos for sale, recent homes sales, the community and the ammenities of the communities.  The site focuses on the communities ranging from the 100s in the Village known as Seascape 2 to the 600 The Village addresses known as Seascape 3.

The_Village_Redondo_Beach

What’s the Difference Between North and South Redondo Beach?

By Keith Kyle

When most buyers come to me they know that they’re interested in Redondo Beach, but don’t know much about the various parts and the differences in the neighborhoods.  While there are a number of different neighborhoods and real estate “areas” the big distinction is between North Redondo and South Redondo.

So what’s the difference?

The physical dividing line between the two is 190th Street and Anita, but in reality the differences are much more than just the separation of the street.  The “feel” of North Redondo and South Redondo are the most significant difference.  North Redondo sits east of Manhattan Beach and Hermosa Beach with no beach to call it’s own, while South Redondo has the prototypical “beach” feel and incorporates the areas of King Harbor, Redondo Beach, the Redondo pier and the beachfront street of the Esplanade.

North-South-Redondo-Beach-MapBoth north Redondo and South Redondo have a variety of housing options ranging from condos to mansions and everything in between, but when people often think of “Redondo Beach” they think of oceanfront and oceanview homes and those are only found in South Redondo.

The tradeoff is home prices and values.  In general, homes in South Redondo are more expensive and more valuable than similar homes in North Redondo, and it’s really all about the proximity to the beach, and the “beach” feel. While condos are a bit rarer in North Redondo, home prices generally start in the mid $500,000 for a smaller condo or townhome up to well over $1,500,000 for a larger home on a larger lot.  Home values can start in the mid $300,000 for a condo in Brookside Village and can reach to over $10,000,000 (which is very rare) for one of the few oceanfront estate style homes on the Esplanade.

A Number of Condos Listings Hit the Market in Seascape One Redondo Beach

By Keith KyleSeascape-1-Pool

There’s been a definite lack of inventory in the world of ocean view and ocean front condos in Redondo Beach over the past 18 months.  Prices have risen dramatically as inventory dipped to record lows and demand for the “vacation” style feel of complexes such as the Seascape buildings, The Village and condos on the Esplanade have continued to grow.  At least in one complex there’s been a higher than usual Seascape One Redondo Ocean View Condosnumber of homes coming on the market in recent days.  Seascape One is located in the 200 block buildings of The Village (which is unusual in itself as it’s actually on Catalina).  As of July 18th there are 3 units for sale in Seascape One.  Of the 3 2 offer a interior garden view (this is the only Seascape or Village building offering interior facing units) and one offers some pretty significant ocean and harbor views.  Built in 1978 the condos are fairly ideally located just behind King Harbor and walkable to the pier, the beach, and the shops and restaurants of the King Harbor area.

Current Seascape One Condos for Sale

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

June 6th and 7th – Big Weekend for Redondo Beach Open Houses

By Keith Kyle

If you’re in the market for a home in Redondo Beach or just curious to see what some homes look like, there are an abundance of open houses for this coming weekend.  If you’re seeing this after June 6th or 7th visit our updated South Bay open houses page.  There are plenty of homes to see in both North Redondo Beach and South Redondo Beach ranging from Brookside Village condos to oceanfront homes along the Esplanade.

Days Hours Address Details Price
Sat/ Sun 1-4pm 645 S. Prospect #204 3 BD, 1.75 BA, Corner, End Unit $579,000
Sun 1-4pm 2503 Vanderbilt Ln. #1 3 BD, 2 BA, 1,290 SF, Detached 3-On-Lot $585,000
Sun 1-4pm 2510 Voorhees Ave. #7 2 BD, 2 BA townhomes $599,000
Sat/ Sun 1-4pm 250 The Village #213 1 BD, 1 BA, 910 SF Condo near the beach $619,000
Sat 1-4pm 1611 Lomax Ln. 2 BD, 1 BA, Beach Home with city views $719,000
Sun 1-4pm 2307 Rindge Ln. 4 BD, 2.5 BA, 2,300 SF, New Listing $799,000
Sat/ Sun 1-4pm 307 S. Prospect 3 BD, 1.5 BA, New Listing $849,000
Sat/ Sun 1-4pm 1714 Stanford Ave. 4 BD, 2 BA, recently remodeled $850,000
Sat/ Sun 1-4pm 1733 Spreckels Ln. 3 BD, 2.5 BA, Yard & Spa $969,500
Sat 12-2pm 2411 Gates Ave. Duplex! 2- 2 BD + 1 BA Units, 1,586 SF, 7,499
SF Lot, Grass Space
$999,000
Sat/ Sun 1-4pm 309 Emerald #A 3 BD, 2.5 BA, End Unit $1,050,000
Sun 2-4pm 712 S. Broadway #A Ocean close Townhome, 3 BD, 2.5 BA, 2 Blks 2 Bch $1,099,000
Sat 1-4pm 1609 Ripley Ave. 5 BD, 3.5 BA, Dual Living Spaces $1,249,000
Sat/ Sun 1-4pm 239 N. Irena Ave. #B 4 BD, 3.5 BA, New Construction $1,369,000
Sat 2-4pm 2201 Bataan Updated 5 BD, 4 BA, SFR, Corner Lot $1,379,000
Sat 2-4pm 411 Avenue F 6 BD, 4 BA, 3,800 SF, Ocean Views $1,699,000
Sat 2-4pm 1906 Rockefeller 4-Unit Bldg, Each 2 BD + 1.5 BA, Remodeled $1,899,000
Sun 2-4pm 1913 Gates Ave. 4 BD, 3.5 BA, Office, High-Tech, Huge Yard $2,200,000
Sat/ Sun 1-4pm 737 S. Juanita 4 BD, 4 BA, Mediterr. Modern Smart Home $2,449,000
Sat/ Sun 1-4pm 708 Esplanade 4 BD, 3.5 BA, Big ocean views $2,999,000

Recent Home Sales in South Redondo Beach CA

By Keith KyleRemodeled Kitchen

January saw 20 home sales in South Redondo Beach which is relatively typical of this time of year.  Due to the holidays many homes are either pulled from the market or don’t sell in December, keeping the sales number down.   The lowest priced home sold, a 2 bedroom condo in Brookside Village, sold for $417,000 with the highest sale of the montha 1929 built, but restored and updated, single family home on Avenue A.  To see home sales in other areas of Redondo Beach, other cities, or other months, visit our South Bay home sales information page.  The inventory has gone up slightly and you can view the current homes for sale in South Redondo Beach on our updated MLS and current listings page.

MLS# Type Address  Price  Br/Ba YrBuilt Sqft Days
On Mrkt
SB14132888 TWNHS/A 211 S Helberta AV #7  $650,000
2/2,0,0,0 1986/ASR 1352/A 151/266
SB14241062 SFR/D 216 N PROSPECT  $850,000
3/1,0,0,0 1947/ASR 1145/A
SB14208363 SFR/D 106 S Helberta AV  $870,000
1/1,0,0,0 1925/ASR 555/A 94/94
SB14247818 SFR/D 714 Vincent Park  $1,015,000
4/3,0,0,0 1920/ASR 1630/A
SR14252360 TWNHS/A 237 S Irena AV #C  $1,227,500
4/3,0,0,0 2009/ASR 2540/A 14/14
SB14138775 TWNHS/D 203 S Prospect #A  $1,286,219
3/3,0,1,0 2014/BLD 2700/A 197/197
SB14141369 CONDO/A 826 Camino Real #202  $417,500
2/2,0,0,0 1970/ASR 949/A 158/158
SB14255990 CONDO/A 830 Camino Real #204  $531,000
3/2,0,0,0 1970/ASR 1290/A 24/24
SB14143912 TWNHS/A 410 Avenue G #38  $655,000
3/2,0,1,0 1987/SLR 1449/A 116/116
PV14259901 TWNHS/D 1800 S Pacific Coast HY #85  $689,000
3/1,1,1,0 2001/ASR 1500/E 19/19
SB14245206 TWNHS/D 926 S Pacific Coast HY #B  $874,900
3/3,0,1,0 2007/ASR 2186/A 53/93
SB15004687 SFR/D 408 S Francisca AV  $1,050,000
3/1,0,0,0 1912/EST 1636/A
SB14257432 SFR/D 632 S Gertruda AV  $1,250,000
4/2,0,0,0 1948/ASR 1764/A 28/28
PV14216456 SFR/D 559 Avenue A  $1,415,000
4/3,0,0,0 1929/ASR 2628/A 93/93
SB14215576 CONDO/A 640 The Village #215  $449,000
1/1,0,0,0 1974/ASR 619/A 99/99
SB14195713 CONDO/A 1400 S Catalina #308  $585,000
2/1,1,0,0 1971/ASR 1080/A 122/122
SB15008687 CONDO/A 210 The Village #304  $682,500
2/2,0,0,0 1978/ASR 1136/A 0/193
SB14233951 CONDO/A 110 The Village #204  $715,000
2/2,0,0,0 1980/ASR 1434/A 15/15
SB14215374 TWNHS/A 206 Ruby ST  $765,000
2/2,0,0,0 1977/ASR 1450/A 97/97
SB14252332 SFR/D 204 Knob Hill AV  $1,399,000
5/2,0,0,0 1922/ASR 2278/A 14/14

Where Have all the Ocean Front and Ocean View Condos Gone?

Although the housing inventory has been low in Redondo Beach for almost 2 years now, the market for oceanfrontRedondo Beach condos for sale Esplanade and ocean view Village condos is almost non-existent. Popular condo complexes such as The Village, the Seascape buildings, and various oceanfront buildings on the Esplanade are nowhere near the normal inventory levels. According to realtor Keith Kyle, “It’s really been months since there’s been anything new. There are currently a few places that have been on the market for some time now, but the few new listings, if priced anywhere near where they should be, disappear quickly.”

“These homes offer the iconic South Bay beach lifestyle and are are highly sought after, often by professionals that travel extensively, local retired or semi-retired people looking for that vacation beach feel, or those priced out of nearby townhomes and single family homes.”

Seascape-1-PoolThe inventory has continued to drop to nearly a trickle with only 2 condos on the market as of this writing.  Both are in the Seascape buildings behind King Harbor and the Redondo Pier area.  The homes often offer the real feel of living on vacation as many have great views and some offer terrific amenities.

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

It’s Holiday Time in the Hollywood Riviera

There’s no place like home for the holidays and if you live in the South Bay there are plenty of activities and places to enjoy the holidays.Hollywood Riviera Holidays

 

Riviera Village Holiday Stroll is Thursday, Dec. 4, 5 to 9 pm

Start your holiday celebrating in Riviera Village at the annual Holiday Stroll on Thursday, December 4, from 5 to 9 pm.  This wonderful collection of upscale shops will stay open late that night, offering fabulous finds and delectable treats to all.  The Holiday Parade down Catalina Ave. steps off at 6 pm and features local bands, Scout troops, dance groups, Redondo Beach mayor Steve Aspel and Councilman Jeff Ginsburg.

Stroll with friends under twinkling lights amid holiday cheer.  Take a horse-drawn carriage ride past the beautifully decorated shop windows as you’re surrounded by the sounds of the season.  Listen to local bands playing on Ave. I following the Parade.  It’s a great night to meet up with friends, start your shopping, and get some holiday cheer on.