If Living Oceanfront Works for You….531 Esplanade with 5 Condos Now for Sale

In the Redondo Beach real estate market, where inventory is extremely low, one oceanfront building is certainly bucking the trend.  The Ocean Plaza, at 531 Esplanade in South Redondo Beach currently has 5 condos for sale…all with great ocean views.  Although the building sits ocean front, the bulk of the condos are on the side and the views can vary depending on the floor and how far east in the building the home sits.  Generally the higher the floor and higher the unit number the better.  See a video overview of the ocean front condos of the Esplanade.

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No Shortage of Oceanfront Condos For Sale in Ocean Plaza – 531 Esplanade

It would seem that Ocean Plaza, located at 531 Esplanade, is having a selling frenzy with 4 separate condos for sale.  Due to zoning, South Redondo Beach offers some of the only high rise style buildings in the South Bay and Ocean Plaza is the tallest.  The building features a pool and spa, club house style room, top floor workout room and most condos have big ocean views.  Take a video tour of the oceanfront condos of the Esplanade in Redondo Beach.  Although the Ocean Plaza building sits ocean front, most units are on the sides of the buildings with balconies angling towards the beach.  In general the higher the floor, and further west in the building means bigger views.

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Get Out of the Rental Game – New Listings in Brookside Village Redondo Beach

By Keith Kyle

Brookside Village, located at the corner of Camino Real and Prospect, is the most affordable way of living in the beach close community of South Redondo Beach.  At the moment there are a number of homes for sale in the complex and may be one of the best ways of getting out of the world of renting and getting into owning a home.  The complex was built around 1970 and features 385 units ranging from one bedrooms to 3 bedrooms.  There are also a number of differences between the various buildings and addresses with some buildings feeling more like condos while others feeling more like townhomes.  In the two story buildings the 2nd floor units offer vaulted ceilings and even though the square footage may be the same they feel much larger.  Contact us for more information on the condos at Brookside Village.

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1500 Esplanade Oceanfront Condos Now on the MLS

By Keith Kyle1500 Esplanade Redondo Beach

For months now we’ve seen the construction happening at 1500 Esplanade.  These oceanview condos are ideally located on the Esplanade with stunning views stretching from Palos Verdes and Catalina to Malibu. Sitting on the east side of the Esplanade, they offer unblocked and unblockable views.   Realtors and buyers were eagerly awaiting the final product but unfortunately the developer had decided that he would only deal directly with buyers and did not want buyers to have their own representation.  While several units are already sold, Redondo Beach and Palos Verdes from the Esplanadethat strategy has taken an obvious turn as 4 of these condos are now active on the local MLS.  The units range between 3000 ft and 32oo feet and offer either 3 bed/3 bath or 4 bed 3.5 bath.  Currently the units are priced at $4,000,000.  Contact us for more information or to set up a showing of these beautiful homes.

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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

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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.

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Are All Redondo Beach Listing Agents the Same?

It always surprises me just how little effort and expertise goes into prepping and presenting homes for sale.  In a real estate community like Redondo Beach, with median home prices often nearing $1.0M, you would think that all realtors would be good. The way a home is presented in marketing and advertising can mean the difference between getting an offer or sitting on the market and can mean 10’s of thousands of dollars to a home seller.

Photo-comparison

Above is a great example that I came across the other day while searching listings.  These pictures of one bedroom condos for sale in The Village of Redondo Beach make a great impact as they are generally the same room, floorplan and angle.  Honestly which would you be more inclined to see and visit?  Both properties were vacant but the home on the left was staged and professional photographer used.  It simply looks brighter and more inviting and a buyer would be far more likely to want to take a look and tour the home.

So why do some sellers choose realtors that put so little effort into selling their Torrance homes?

That’s a great question but there is really no great answer.  Sellers sometimes use a friend of the family, perhaps someone they know, or someone that sends out flyers to the neighborhood.  Regardless of where the realtor comes from it’s astounding that sellers don’t ask how the realtor will prep and market the property.

So what should a Redondo Beach home seller do?

Research….find out which agents are successful selling in the area and find out why.  Then look at past listings to see how the homes look.  It’s no mistake that some agents just have better looking listings.  Some agents simply do more and want every home they sell to look as good as possible.  Ask to see marketing samples and insist on your realtor using a professional photographer as it can make a huge difference.  Sellers have one chance to be a “new listing” and take advantage of the interest and momentum that comes along with that. Would you rather have your home look like the one on the left, or the one on the right.  Keep in mind that the commission you are paying is usually the same….whether your realtor does the bare minimum and puts forward little effort, or goes well above and beyond to market your home.


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