So How Do I Find Out About Off Market and Pocket Listings in Redondo Beach?

In the incredibly competitive Redondo Beach real estate market many homes are not even making it to the local MLS.   Some of these homes quietly get sold without the general public even knowing that they were for sale.  So how do you find out about these homes?  First it’s important to understand just what we’re talking about.

What does off market or a pocket listing mean?

It can actually mean a few different things but in general, when we refer to homes sold off market or pocket listings these are homes that are never put on the MLS and therefore unknown to most buyers and many realtors.  That means that searching the Redfins and Zillows of the world may mean that you’re not aware of these types of opportunities.

Why would a Redondo Beach home seller want to sell the home off market?

In general it’s not a great idea.  Fewer buyers that know about the home usually means less competition and ultimately a lower sales price.  That’s certainly not always the case but usually accurate to some extent.  Sellers have many reasons for not wanting to put their home on the market.  It may be due to privacy reasons such as not wanting the neighbor or even the tenant know that the home is for sale.  It may be that they don’t want to deal with some of the hassles that come along with listing a home…..buyer’s and agents that want to show the home at all hours, open houses on the weekends and more people simply curious with few legitimate buyers.  Whatever the reason it does limit the exposure and again usually limits the price.

That’s why it can be a good opportunity for buyers….less competition, fewer bidding wars which generally leads to a lower sales price.

How do I find out about these homes in Hermosa Beach?

Unlike the MLS listings, off market, upcoming and pocket listings are much more elusive.  The key is to work with an agent that has deep connections in the community and market.  Some of the top realtors in certain areas may share information on these hard to find opportunities and the larger or more numerous the seller and agent networks, the more information the agent can obtain.

We are happy to help you find off market homes but this requires a good deal of work, considerable communication with sellers and agents and a readiness to act should the right home come available.  If you would like us to help find off market opportunities and you are not currently working with a realtor please feel free to text us at 310-251-2344 or email us with the details of your home search.

New Listing in Fusion South Bay – Beautifully upgraded “A” Floorplan for sale

Coming to the market in early November, this beautifully updated condo offers the perfect combination of newer construction, active lifestyle, ideal location and affordable price. Located at 5404 149th Place #11 in the Hollyglen area of Hawthorne, this upgraded condo offers gleaming hardwood floors, granite countertops, in unit laundry, stainless appliances and an oversized patio. With 2 bedrooms and 2 bathrooms, each on a different level, this is ideal for a multitude of lifestyles.  See information and floorplan of Fusion South Bay “A” unit.

Fusion at South Bay is one of the few newer construction gated communities in the South Bay and is ideally located just across the street from Manhattan Beach. Enjoy the community pool and spa, the basketball court, small park or take a short 5 minute drive to the beach.  Fusion is also located in the Hollyglen neighborhood with students attending the award winning Wiseburn School District

Contact listing agent Keith Kyle for more information or a sneak preview.

Keith-Kyle-Realtor-smallKeith Kyle – Top Producer, RealtorVista_Google

Vista Sotheby’s International Realty

www.KeithKyleHomes.com

2501 N Sepulveda, Manhattan Beach CA 90266

 

Our Latest Listing – Sold! Spectacular oceanfront home

Located at 4020 Bluff Place on the Palos Verdes Peninsula in the city of San Pedro, this magnificent oceanfront home is perched on the bluffs Deck-Viewshigh above the Pacific Ocean and Cabrillo Beach.  For the buyer priced out of the Strand in Manhattan Beach, or the cliffs of Palos Verdes this is an incredible opportunity at a fraction of the cost.  Compare this to oceanfront prices starting at $5.0M in Palos Verdes,  $4.5M price in Redondo Beach, and  $13.0M in Hermosa and Manhattan Beach.  The dynamic views are completely unobstructed and extend to Dana Point and even north San Diego on especially clear days. The surf is literally in your backyard where you’ll hear the crashing waves, watch as kite surfers an sailboats ply the waters and enjoy the harbor lights in the evening.

Visit Luxury Oceanfront Living or the 4020 Bluff Place facebook page for more information and additional photos.

The beautiful custom home was built in 2000 and was extensively remodeled  in 2011. It is one of a kind and offers the feel of a luxury hotel….with unparalleled views.  Surrounded by mature landscaping and a very limited number of neighboring properties, the home affords a sense of privacy and seclusion not often found in the South Bay.  The ground floor offers a spacious and open floor plan with lovely new hardwood floors, marble fireplace, and spacious living and dining rooms…all with spectacular views. The open kitchen has all new stainless steel appliances, custom white wash cabinets, and new Italian marble countertops. The 30 foot wide floor to ceiling sliding glass doors open onto the expansive entertainment deck and the ocean beyond.  The ground floor also offers a sizable bedroom with it’s own bathroom which is perfect for guest or owners needing a ground floor bedroom.  The entire second floor is divided into two huge, finely appointed master suites with a kitchenette in between.   Imagine being greeted every morning with an ocean view that will leave you breathless.  The upper floor also enjoys an oversized balcony perfect for sitting and relaxing.  With over 1000 sq ft of decks enjoy one of the most beautiful stretches of So Cal coastline!  Cabrillo Beach is in full view and just a short walk from the house.

Call or text listing agent Keith Kyle for information or a private showing.  310-251-2344 & Keith@KeithKyleHomes.com

North-Bedroom-Views Livingroom-East Home-From-Patio Livingroom-Wide Master-Bedroom Exterior-Gate Bedroom-Views Dining-Views Master-Wide Bedrooms-Wide Living-Harbor Dining-Living Kitchen Exterior-Gate-2

 

Home Details:

  • Priced at $1,875,000
  • 3 bedrooms, 3 baths
  • Built in 2000
  • 2,389 square feet
  • 8,912 foot lot
  • 2 car garage

stairs_pictureKeith Kyle – Realtor

Vista Sotheby’s  Top Producer

310-251-2344, 310-546-7611 x366 (office)

Keith@KeithKyleHomes.com

2501 N Sepulveda, Manhattan Beach, CA 90266

Beautiful Estate Home at 340 Via Colusa in the Hollywood Riviera – Just Sold

Designed by renowned architect Louie Tomaro and built in 2004, this beautiful estate style home in the Hollywood 340_Via_Colusa_front8 copyRiviera offers the very best of luxury coastal living. Featuring 5 bedrooms, each with it’s own private bath, this Tuscan inspired home offers an open floorplan with an abundance of windows to capture the beach breezes and natural light.

The enormous front yard, gated driveway, and lush landscaping create a beautiful exterior setting and incredible curb appeal with the formal elegance of an estate style home.  Visit our 340 Via Colusa Redondo Beach website for more information.

Enter through the double doors to a formal entry with traverine flooring, elegant staircase and custom designed lighting.  Downstairs offers an oversized and versatile bedroom that can be used as an office, formal sitting area, playroom or guest bedroom.  Plantation shutters, hardwood floors and private bath make for a luxurious and private retreat.

Upstairs offers an open layout centrally located around the formal entry with 20 foot ceilings.   The gourmet kitchen includes stainless steel appliances, Viking island cooktop, cherry wood cabinetry and opens to both the dining room and family room. A balcony off the family room lets you take in the city light views. Kolbe & Kolbe windows and doors lend an elegant touch throughout.  Across from the family room, the upper level offers 4 bedrooms, each with private baths, vaulted ceilings, and large windows.  The first bedroom offers a private balcony.  The master bedroom suite includes a walk-in closet and private bath area with a double sided fireplace.

Enjoy the close proximity to the beach, Riviera Village shopping and dining, Riviera Elementary and the Palos Verdes walking trail.

Contact listing agent and Redondo Beach luxury home specialist, Keith Kyle at 310-251-2344 or Keith@KeithKyleHomes.com for more information and to arrange a private showing.

  • Built in 2004
  • 5 Bedrooms, 5 ½ Baths
  • 2,560 Square Feet
  • 7543 Foot Lot

 

1634 Ford Street in the Golden Hills of Redondo Beach

**Update  Home Just Sold**1643_Ford_Ave_Front1 copy

Welcome home to this wonderfully remodeled  single family home in the Golden Hills of Redondo Beach. This beautiful home boasts a great
split level floorplan that offers a spacious and open layout with all three bedrooms on the same floor and a stylish interior.    Features include a gorgeous kitchen with stainless steel appliances, granite counter tops, pendant light and recessed lighting with great natural light.  Custom paint and dramatic dark hardwood floors extend throughout the home giving the home a true designer feel.   Nice sized master suite offers large customized closets, gleaming hardwood floors, newer doors and windows and a beautifully remodeled bath.  The 2nd and 3rd bedrooms share another stylishly remodeled bathroom with custom tile and frameless shower.   Both bedrooms are west facing and offer great natural light and sit high above the neighboring home to take full advantage of the coastal breezes.   Spacious one car garage has a laundry area, direct access to the home, and a full size access door to the seemingly endless storage space underneath the home.   Just a few blocks from both Hermosa and Manhattan Beach this home is the perfect starter home in a fantastic neighborhood.  

2nd-Bedroom 1643-Ford 1643-Ford-Patio Bathroom Guest-Bath Guest-Bedroom Living-room 1643_Ford_Ave_Front2 copy 1643_Ford_Ave_Kitchen3 copy 1643_Ford_Ave_Master copy 1643_Ford_Ave_Front1 copy

  • Priced at $769,000
  • 3 bed/2 bath, 1350 square feet
  • Golden Hills location

Contact listing agent Keith Kyle at 310-251-2344 or Keith@KeithKyleHomes.com for more information

Priced out of The Strand in Manhattan and Hermosa? Great Option in the Hollywood Riviera

By Keith KyleMaster-New-Large

I get a number of inquiries from my site www.SouthBayOceanFront.com from buyers looking for a beach front home on The Strand in Hermosa Beach and Manhattan Beach.  Many of these buyers are extremely qualified and have the ability to comfortably purchase multi-million dollar homes.  The problem in today’s market is that values along the beach in Hermosa and Manhattan have gone up considerably in the past 18 months.  There are currently 9 oceanfront single family homes on The Strand and 8 of them are priced over $10,000,000.  That was a relatively unheard price point just 2 years ago and now there are several over $15,000,000.

So what is a $5,000,000 buyer to do?

Redondo Beach Oceanfront HomesUnfortunately homes becoming available in that range are probably a thing of the past, but there is an option not far and it may even offer attributes that The Strand can’t offer.  The area is the Hollywood Rivera (about 10-15 minutes south) and there is a fantastic bluff top street called Paseo De La Playa that offers oceanfront homes, large lots that extend all the way to the beach (some
fortunate homes have paths that access the beach directly from the home), and views not only of the beach, but Palos Verdes, the ocean, King Harbor, and coastline views that extend all the way to Malibu.

As of this post, there are 2 oceanfront homes for sale on Paseo De La Playa.  The first is currently in escrow located at 605 Paseo De La Playa and is listed for $4,295,000.  The second is an off market sale in which the owner is trying to sell it themselves at 617 Paseo De La Playa and the owner is asking $4,350,000.Paseo De La Playa PV Views

The homes on Paseo were all originally on leased land with many of the former owners buying out the leases in the past and are now owned free and clear.  Built in the 60’s and 70’s some of the homes are fairly original while many have been extensively remodeled.

How to find off market and pocket listings in Redondo Beach

By Keith KyleRedondo BeachPocket Listings

There’s no doubt that the current market conditions greatly favor sellers in Redondo Beach.  Demand has remained strong with low interest rates and low inventory and every “deal”  seems to be a competition between every buyer interested in the area.  Tear downs get bought by builders, fixers get scooped up by flippers and investors, demand for mid range properties and townhomes continues to drive prices up, and the influx of money on the high end means luxury properties often disappear in a hurry as well.

Want to keep updated on off market and pocket listings in Redondo Beach? 

Pocket listings and off market homes are all the rage in this market and can sometimes mean less competition and allowing buyers a “chance” to find something and pay a reasonable price.  With social media, networking groups and an abundance of realtors chasing every possibility these off market homes are less of a secret than they used to be, but still offer the most likely way of a buyer having a chance of finding a home and avoiding a bidding war.

Pocket and off market listings can mean a lot of different situations.  Sometimes a realtor has a listing agreement that doesn’t start for a while, sometimes they home is getting “prepped” and isn’t quite ready for the market, sometimes a realtor talked with a homeowner and they don’t want it on the market but may consider selling for the price.  The reasons are endless but these are all sellers that would consider selling their home.

So how does a buyer find out about these types of homes?

As these homes are not on the market, that means they’re not on the MLS which means they don’t generally show up on the Zillows, Trulias, Redfins and the searches that realtors send their clients.  These homes are more likely found by realtors very tied into the local market.  Whether through direct contact with potential sellers, networking groups, inter office communications or other sources, they are certainly harder to find.

The best bet is to look for a local real estate specialist that sells quite a bit in the area you’re looking.  Realtors that have experience in the area and have been successful, generally have made connections with sellers and realtors that could ultimately be very beneficial to you.  If you already have a relationship with a realtor that does all of that than let them know you’re searching for off market, as well as on market, homes.  If you don’t have that relationship we would be happy to help and search resources most realtors don’t have access to.  Contact us or fill in the form below to get started.

Off Market and Pocket Listing Updates

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