Our Latest Ad In Digs Magazine

Take a look at our latest page in Digs magazine featuring our newest listing at 1323 Cota in Old TorranceContact us for more information on this beautiful craftsman built in 1914 or for information on the market in general.

In Perspective – Historical 30 Year Fixed Mortgage Rates

Many buyers are concerned with interest rates rising and that’s certainly valid as a higher interest rate means a higher monthly payment which most often means that you can’t afford a home you might have only months earlier.  Taken in historical standpoint the current rates are dramatically lower than at just about any other time.  The chart below shows the interest rate on conventional and conforming 30 year fixed rate mortgages.  As we’ll see we’ve basically seen rates drop consistently since the high water mark of 16.3% in 1981.  It certainly makes todays current rate in the mid 4% range seem pretty enticing.

2018 Home Sale of the Year in Redondo Beach – 417 Paseo De La Playa

Without question the sale of the year in Redondo Beach will be the once in a lifetime oceanfront property at 417 Paseo De La Playa.  Paseo

De La Playa is the blufftop street in the Hollywood Riviera.  While homes on Paseo De La Playa are special due to the location alone, this house (well actually two houses) were in a league all of their own.

The property sold back in February of 2018 for a staggering price tage of $22,650,00

While the price was unheard of for this are of the South Bay, there’s no disputing that the home (s) were unlike anything on the market for a very long time.  The lots along Paseo De La Playa are already huge as they extend all the way to the beach but in this case there was not one, but two separate parcels for sale.  What also made this compound type property unique is the beach access.  It can take years to go through the California coastal process of trying to get beach access and it’s often denied.  In this case there’s not only beach access but a private volleyball court!

As marketed by listing agent Chris Adlam with Vista Sotheby’s International:

With over 62,000 square feet of beach-front property on TWO SEPARATE PARCELS, this dramatic compound is almost impossible to duplicate. The main house (417 Paseo de la Playa) is over 10,000 square feet of exquisite living area, and the “companion house” (421 Paseo de la Playa) has over 5,500 square feet. Both homes are located behind gated entrances, both with direct access to the sand, a spectacular pool & spa, a private sand volleyball court, and a large yard. The views span from Palos Verdes through the beach cities, including the entire Santa Monica Bay.

 

Oceanfront Home Opportunities Aplenty in Redondo Beach

We’ve seen a large number of ocean view and ocean front condos come on the market in the past few months.  It’s most likely due to the fact that summer is certainly when the largest number of oceanfront buyers are out looking due to visiting on vacation, the weather, etc.  There are quite a few homes currently available and you can view them below.

July’s Highest and Lowest Home Sale Prices in Redondo Beach

July 2018 was a solid month for home sales in Redondo Beach CA with 74 closed sales and a median list price of $1,133,000 and a median

sales price of $1,126,000.

The highest price sale of the month was $2,462,000 for a beautifully remodeled craftsman home at 421 Calle De Aragon in the Hollywood Riviera.  The home offered 3,000+ square feet, 5 bedrooms, 4 bathrooms, a very nice sized yard and great city and ocean views.  The home was listed by Pamela Soladar of Palm Realty.

To view all the homes sold in July 2018 in Redondo Beach see our article on July 2018 Redondo Beach home sales.

 

The lowest price sale of the month was priced at $600,000 for a one bedroom condo near the beach in South Redondo at 1400 S Catalina #205.  The condo offered 1 bedroom, 1 bath and 786 square feet.  Originally listed for $614,500 the home was on the market for 51 days.  The listing agent was Ross Moore of Remax Estate Properties

Click here to see the current homes for sale in Redondo Beach CA

74 Home Sales in Redondo Beach CA for July 2018

By Keith Kyle

July 2018 was a solid month in Redondo Beach real estate.  There were  74 closed home sales and a median list price of $1,133,000 and a median sales price of $1,126,000.  Below are all of the homes sold on the market for the month including type, size, number of beds and baths, square feet and year built.    To see the home sales in other South Bay cities click here.

To see the current active homes for sale visit the Redondo Beach MLS search.

MLS # Typ   Address  Price   $ per Ft  Bed/Bath Sq Foot Year
PV18100056 CONDO/A 163 Paseo De La Concha
#3
 $738,000  $ 653.68
2/2,0,0,0 1129/P 1960/ASR
SB18092441 SFR/D 111 Via Sego  $ 1,268,900
 $  696.43
3/2,0,0,0 1822/A 1954/ASR
SB18112788 SFR/D 404 Via Linda Vista  $ 1,379,000
 $  894.29
3/1,1,0,0 1542/A 1954/ASR
SB18125317 SFR/D 409 Calle Mayor  $ 2,175,000
 $ 743.08
3/2,0,1,0 2927/A 2001/ASR
PV18097140 SFR/D 421 Calle De Aragon  $ 2,462,000
 $  799.61
5/4,0,0,0 3079/SV 2017/BLD
SB18131650 CONDO/A 2120 Dufour AV #26  $710,000  $      519.01
3/2,0,0,0 1368/A 1975/ASR
DW18069732 TWNHS/A 2401 Inglewood AV  $755,000  $      430.44
4/1,2,0,0 1754/A 1987/ASR
SB18147799 TWNHS/A 2617 Mathews AV #3  $800,000  $      519.82
3/2,0,1,0 1539/A 1988/ASR
SB18124331 TWNHS/A 2610 Ruhland AV #3  $820,000  $568.65
2/1,1,1,0 1442/A 1982/ASR
SB18146559 SFR/D 2203 Graham AV  $835,000  $883.60
2/1,0,0,0 945/A 1947/ASR
SB18063179 DPLX/D 1506 Phelan LN  $860,000  $551.28
4/2,0,0,0 1560/A 1955/ASR
SB18126047 CONDO/A 2113 Mathews #B  $930,000  $512.40
3/2,0,1,0 1815/T 2000/EST
18353598 CONDO 1933 RUHLAND AV #A  $1,005,000
 $      368.40
4/3,0,0,0 2728/ 1987
SB18086373 TWNHS/A 1919 Curtis AV #A  $1,070,000
 $      433.90
4/2,0,1,0 2466/AP 1988/ASR
SB18127295 TWNHS/A 1932 Graham AV #A  $1,160,888
 $      476.56
4/2,0,1,0 2436/A 1990/ASR
PV18135252 SFR/D 2004 Nelson AV  $ 1,201,000
 $      534.73
4/3,0,0,0 2246/A 1947/ASR
SB18132380 TWNHS/D 2111 Curtis AV #A  $1,307,777
 $      563.70
4/2,1,0,0 2320/A 2009/ASR
SB18127117 TWNHS/D 1930 Graham AV #B  $1,346,000
 $      527.43
4/2,1,1,0 2552/A 1996/ASR
SB18162402 TWNHS/D 2206 Warfield AV #B  $1,490,000
 $      558.68
4/3,0,1,0 2667/B 2018/BLD
PV18096021 TWNHS/D 2207 Gates AV #A  $1,490,000
 $      559.73
4/3,0,1,0 2662/B 2018/BLD
SB18166221 TWNHS/D 2206 WARFIELD AV #A  $1,500,000
 $      562.43
4/3,0,1,0 2667/B 2018/BLD
SB18118275 TWNHS/A 1920 Carnegie LN #2  $825,000  $      590.13
3/1,1,1,0 1398/A 1987/ASR
PW18140732 TWNHS/A 2112 Vanderbilt LN #E  $833,000  $      566.28
2/2,0,1,0 1471/A 1984/ASR
SB18125768 TWNHS/A 2409 Vanderbilt LN #6  $850,000  $      477.53
3/2,0,1,0 1780/A 1985/ASR
SB18106260 TWNHS/A 1921 Grant AV #B  $930,000  $      537.57
4/3,0,0,0 1730/A 2012/ASR
SB18150337 TWNHS/A 2619 Carnegie LN #C  $990,000  $      546.06
3/2,0,1,0 1813/AP 2006/ASR
SB18152895 TWNHS/A 2009 Speyer LN #B  $1,025,000
 $      520.30
3/3,0,0,0 1970/A 1984/PUB
SB18100166 TWNHS/D 2220 Clark LN #B  $1,025,000
 $      479.64
3/3,0,0,0 2137/A 1986/ASR
SB18101609 TWNHS/A 2410 Grant AV #C  $1,185,000
 $      488.66
4/4,0,0,0 2425/D 2018/BLD
SB18144314 TWNHS/A 1913 Spreckels LN #A  $1,230,000
 $      490.04
4/2,0,1,0 2510/B 1990/ASR
SB18080863 TWNHS/D 2313 Clark LN #A  $1,290,000
 $      542.93
4/3,0,1,0 2376/AP 2015/BLD
OC18117094 TWNHS/D 1806 Speyer LN #B  $ 1,350,000
 $      584.42
4/4,0,0,0 2310/A 2014/ASR
SB18033028 TWNHS/A 2309 Clark LN #A  $1,360,000
 $      590.79
4/3,0,1,0 2302/B 2018/BLD
SB18033633 TWNHS/A 2309 Clark LN #B  $1,378,000
 $      594.73
4/2,1,1,0 2317/B 2018/BLD
SB18079012 TWNHS/A 2213 Speyer LN #A  $ 1,390,000
 $      546.38
4/3,0,1,0 2544/B 2018/BLD
SB18086074 TWNHS/A 2213 Speyer LN #B  $1,425,000
 $      560.14
4/3,0,1,0 2544/B 2018/BLD
SB18134687 SFR/D 2602 Fisk LN  $920,000  $      821.43
3/1,0,0,0 1120/A 1953/ASR
SB18095659 SFR/D 500 Green LN  $965,000  $      424.18
4/2,0,0,0 2275/AP 1955/ASR
SB18034662 SFR/D 1101 High LN  $990,000  $      614.53
3/3,0,0,0 1611/A 1955/ASR
PW18131280 TWNHS/A 1006 Palm LN  $733,000  $      649.82
2/2,0,0,0 1128/A 1977/ASR
SB18128290 TWNHS/A 1400 Stanford AV  $775,000  $      665.24
2/2,0,0,0 1165/A 1977/ASR
OC18100828 SFR/D 1751 Wollacott ST  $1,090,000
 $      498.86
3/2,0,1,0 2185/A 1985/ASR
SB18101344 SFR/D 1518 Steinhart AV  $1,181,000
 $      569.98
3/2,0,0,1 2072/A 1988/ASR
PV18147749 SFR/D 1510 Steinhart AV  $1,210,000
 $      644.99
3/2,0,1,0 1876/A 1989/ASR
PV18038087 SFR/D 1741 Armour LN  $1,400,000
 $      633.48
3/4,0,1,0 2210/B 2018/BLD
SB18095824 TWNHS/A 222 S Irena AV #Q  $750,000  $      554.73
2/2,0,1,0 1352/A 1979/ASR
SB18128269 TWNHS/A 106 S Lucia AV #1  $875,000  $      641.03
2/2,0,1,0 1365/A 1983/ASR
PV18117287 TWNHS/D 118 S Prospect AV #A  $925,000  $      450.34
4/3,0,0,0 2054/A 1990/ASR
SB18064432 TWNHS/A 620 El Redondo AV #2  $ 1,095,000
 $      438.35
3/2,0,1,0 2498/A 1987/ASR
SB18099904 TWNHS/A 712 Beryl ST  $ 1,157,000
 $      427.25
4/2,1,0,0 2708/S 1990/ASR
SB18133597 TWNHS/A 812 N Irena AV #B  $ 1,195,000
 $  549.17
3/2,0,1,0 2176/B 2008/ASR
SB18079908 TWNHS/D 224 N Irena AV #B  $1,230,000
 $      589.65
3/2,0,1,0 2086/A 1989/ASR
18338384 TWNHS 713 N JUANITA AV #B  $1,330,000
 $      599.37
3/3,0,0,0 2219/A 2009
SB18068766 TWNHS/D 121 S Guadalupe AV S #B  $ 1,350,000
 $      619.27
4/3,0,0,0 2180/A 2013/ASR
PV18092066 TWNHS/D 239 N Irena AV #A  $1,480,000
 $      621.85
4/3,0,1,0 2380/A 2014/ASR
SB18113990 TWNHS/D 205 S Helberta AV #2  $1,500,000
 $      567.32
4/3,0,0,0 2644/A 2000/ASR
PV18076986 TWNHS/A 406 Avenue G #19  $780,000  $ 538.30
3/2,0,1,0 1449/A 1987/ASR
SB18102668 TWNHS/D 1800 S Pacific Coast #45  $934,000  $ 575.83
3/2,0,1,0 1622/A 2002/ASR
PV18134395 TWNHS/D 1800 S Pacific Coast HY #77  $959,000  $ 522.33
4/2,1,0,0 1836/A 2002/ASR
SB18117380 SFR/D 1228 S Prospect AV  $1,030,000
 $ 866.27
3/3,0,0,0 1189/E 1952/ASR
SB18134269 SFR/D 1026 Palos Verdes BL  $1,050,000
 $ 883.10
3/0,2,0,0 1189/A 1953/ASR
SB18067111 SFR/D 420 Camino Real  $1,190,000
 $ 726.94
4/2,0,0,0 1637/AP 1963/PUB
SB18116160 SFR/D 853 Avenue C  $1,650,000
 $ 653.72
4/2,1,0,0 2524/A 1952/SLR
PV18073113 TWNHS/D 313 S Lucia AV #B  $1,650,000
 $ 640.78
4/4,0,1,0 2575/B 2018/BLD
SB18141606 SFR/D 511 S Lucia AV  $2,199,000
 $ 539.10
5/3,0,1,0 4079/A 2002/PUB
SB18100340 CONDO/A 1400  Catalina AV #205  $600,000  $ 763.36
1/1,0,0,0 786/A 1971/ASR
SB18076008 CONDO/A 240 The Village #210  $680,000  $     796.25
1/1,0,0,0 854/A 1978/ASR
SB18071774 CONDO/A 230 S Catalina AV #202  $709,000  $     518.65
2/1,1,0,0 1367/A 1974/ASR
SB18134596 CONDO/A 130 The Village #207  $900,000  $      677.71
2/2,0,0,0 1328/A 1980/ASR
SB18127217 CONDO/D 428 Esplanade #201  $995,000  $    639.05
3/2,0,0,0 1557/A 1975/ASR
SB18139902 CONDO/A 727 Esplanade #304  $ 1,200,000
 $    944.88
2/2,0,0,0 1270/A 1974/ASR
SB18133149 CONDO/A 230 S Catalina AV #408  $ 1,250,000
 $     738.77
3/1,1,0,0 1692/A 1974/ASR
SB18140289 TWNHS/A 1206  Catalina AV #A  $1,445,000
 $     746.77
3/2,0,1,0 1935/A 1999/ASR
SB18128871 TWNHS/D 306 S Broadway #B  $ 1,499,000
 $    609.35
4/2,0,1,0 2460/A 2005/ASR

Classic 1914 California Craftsman in Old Town Torrance -1323 Cota, Torrance CA 90501

Take a step back in time with this magnficent California craftsman home at 1323 Cota.  Located on an oversized lot in the charming community of Old Torrance this beautiful home, built in 1914 harkens back to another era, when homes were built and designed with true craftsmanship and pride.  From the moment you enter you are struck by the meticulous details throughout.  From the hardwood floors to the custom stained glass windows this home has been well loved for over 100 years.  With a lot of over 10,000 feet this wonderful home offers an abundance of yard, patio and garden space.  Enjoy warm evenings in the backyard gazebo or lazy summer days in the immense front and backyards.  This home is absolutely beautiful and waiting for new owners who truly appreciate what a special home this is.

1323 Cota, Torrance CA 90501

This California Craftsman executive home is a magnificent, rare find. Built in 1914 on huge R2 lot near Nativity Church & Triangle Park, one of the most desirable parts of Historic Old Torrance. This 2 story home has fabulous bones & incredibly retains all its Historic charm. The large front porch that tracks the entire width of the house is perfect for sitting on pleasant evenings. Original front door enters into a large living room with large fireplace. The office features the original built-in desk, a coat closet and is accessed through the original pocket doors. The formal dining room has a grand built-in hutch/buffet & wainscoting. A sunny breakfast room is connected to both the dining room & kitchen. The circular downstairs floor plan is great for entertaining with a separate area for the original staircase that wraps through the center of the house. Upstairs are two large bedrooms & another smaller 3rd bedroom. There are 2 separate two car garages in the rear off the alley. Two additional storage rooms are connected to the first garage. Huge 75′ x 140′ lot (10,500 sqft) has endless possibilities including another one story house (Check with City of Torrance Building Dept). Title & Records Search indicate that this house was once owned by Jarred Sidney Torrance. Truly one of Old Torrance’s best properties & a Once-in-a-Lifetime Opportunity to own a piece of local History. To appreciate this house and its craftsmanship you must see it yourself.  Contact listing agent Keith Kyle with Vista Sotheby’s International for more information or for a private showing.  310.251.2344

 

Home Staging Tips for Redondo Beach Homes

Home staging is an important part of the preparation process when selling a house.  Whether fully staging the home using a professional stager, or simply de-cluttering and adding something to the owners current furniture, staging can make the difference between a home selling quickly and sitting on the market.  Here are a few pointers to help prepare your Redondo Beach home for sale.  If you have given any thought to selling your home in Torrance or the South Bay, we can help.  Contact us for information on how we sell homes or find the value of your home in Redondo Beach CA.

 

 

Just Sold – Golden Hills of Redondo Beach

Congratulations to our clients on 1108 Harper for their successful close of escrow. This Golden Hills single family home sold at full price after one week on the market. Click to see the current homes for sale in the Golden Hills

Why Do Homeowners Remodel?

Most homeowners choose to remodel their homes in order to update and upgrade their home. There are many other reasons and a recent study shows the many reasons below.