Two Big Home Sales in the TRW Tract of North Redondo

The TRW tract of North Redondo Beach is a unique neighborhood in the 90278 zip code as it generally only allows for single family homes giving it more of a neighborhood feel.  This combined with some oversized lots make the community a great place to live.  Most of the homes are 1950’s bungalows but some have been updated, upgraded, remodeled or even rebuilt.  Homes are generally priced a bit over $1,000,000 depending on location and lot size.  Recently two very nice properties came and went quickly and at prices rarely seen in this area.  See the current homes for sale in the TRW tract and North Redondo Beach.

Sales prices of both 2842 Pinkard and 2814 Timothy haven’t been released as of this post but check out the Redondo Beach recent home sales page for updated information.

Redondo Beach CA Home Sales for November

Redondo Beach CA saw yet another strong month in home sale and home prices in November of 2017 with 79 homes sales at a median home price of $955,000.  This was well over the November of 2016 median price of $900,000 but well below the numbers for October 2017 which saw an impressive median price of $1,105,000 which is well above the norm.

The lowest price home sale of the month was a smaller one bedroom condo in Breakwater Village (senior 55+ complex) which closed at $415,000 with the highest price sale cosing at $4,550,000 for a 3 bedroom ocean front condo at 1000 Esplanande in South Redondo Beach.  This was new construction in a spectacular location.

See the current homes for sale in Redondo Beach or see the recent Redondo Beach home sales.

City Homes
Sold
November
2017  Median
November
2016  Median
Year over Year % Change%
Carson 49 $476,000 $450,000 5.9%
El Segundo 12 $1,243,000 $816,000 52.3%
Gardena 52 $533,000 $504,000 5.7%
Harbor City 10 $555,000 $523,000 6.1%
Hawthorne 30 $577,000 $575,000 .3%
Hermosa Beach 20 $1,550,000 $1,380,000 12.3%
Lawndale 18 $515,000 $393,000 31.2%
Lomita 11 $599,000 $473,000 26.8%
Long Beach 318 $510,000 $490,000 4%
Manhattan Beach 35 $2,300,000 $1,863,000 23.5%
Marina Del Rey 33 $925,000 $955,000 -3.1%
Palos Verdes Estates 27 $1,510,000 $1,550,000 -2.6%
Playa Del Rey 21 $710,000 $658,000 7.9%
Rancho Palos Verdes 31 $1,108,000 $1,088,000 1.8%
Redondo Beach 79 $955,000 $900,000 6.1%
San Pedro 55 $550,000 $515,000 6.8%
Torrance 117 $700,000 $656,000 6.6%
Westchester 35 $1,015,000 $943,000 7.6%

Vista Sotheby’s International Office Locations in the South Bay

Vista Sotheby’s International Manhattan Beach

Vista Sotheby's International Realty Manhattan Beach

2501 N Sepulveda Blvd
Manhattan  Beach, CA 90266
Office: +1310.546.7611

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Vista Sotheby’s International Realty Hermosa Beach

Vista Sotheby's International Realty Hermosa Beach

200 Pier Avenue
Suites 305 & 306
Hermosa Beach, CA 90254
Office: +1310.546.7611
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Vista Sotheby’s International Realty North Manhattan

Vista Sotheby's International Realty North Manhattan

3300 Highland Ave
Manhattan Beach, CA 90266
Office: +1310.546.7561

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Vista Sotheby’s International Realty Downtown Manhattan Beach

Vista Sotheby's International Realty

916 Manhattan Ave
Manhattan Beach, CA 90266
Office: +1310.546.7561

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Vista Sotheby’s International Hollywood Riviera

Vista Sotheby's International Realty Hollywood Riviera

1801 S Catalina
Redondo Beach, CA 90277
Office: +1310.5418271

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Vista Sotheby’s International Realty Palos Verdes Peninsula

Vista Sotheby's International Realty Palos Verdes

608 Silver Spur, Suite 103
Palos Verdes Peninsula, CA 90274
Office: +1310.541.8271

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Vista Sotheby’s International Realty Downtown Manhattan Beach

Vista Sotheby's International Realty downtown manhattan Beach

1144 Highland
Manhattan Beach, CA 90266
Office: +1310.546.7611

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Vista Sotheby’s International Realty Palos Verdes Estates

Vista Sotheby's International Realty downtown manhattan Beach

16 Malaga Cove Plaza
Palos Verdes Estates, CA 90274
Office: +1310.375.0583

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What is the Hillside Overlay Ordinance in the Hollywood Riviera?

By Keith Kyle

A few of the many benefits of living near the beach are the wonderful ocean views and ocean breezes that make life here so unique.  These ocean views have immeasurable value from both a quality of life aspect as well as a significant monetary impact.  In many of the South Bay cities these views are unprotected and it’s not rare for a home’s stunning ocean views to disappear when the one story home next door gets torn down and new and much larger home replaces it.

Home with "flags" marking outline of proposed addition

Home with “flags” marking outline of proposed addition

Certain areas of Torrance are the exception. Primarily found in the Hollywood Riviera and Seaside Ranchos neighborhoods the city has incorporated much stricter building guidelines known as the “Hillside Overlay” area.  (see map below)

From the Torrance city website:  In 1977, the Hillside Overlay Area was established in Torrance, CA in order to address issues concerning building, remodeling, and protecting views and privacy.  All new construction (meaning both new homes and expansions on current structures) are subject to review and input by neighbors including “flagging”  where a mock up of the future structure are marked with plastic flags  to approximate the outlines of any proposed addition to the structure prior to permit approval so that neighborhood input may be obtained.

Torrance Municipal Code Excerpt (Hillside Overlay)

The basics of the hillside overlay are as follows:  Upon receipt of the complete application, the Community Development Director shall set a date, time and place for a public hearing thereon as soon as practicable and shall send notice thereof to the owners of land included within a three hundred (300) foot radius of the exterior boundaries of the land for which the permit is sought

No construction and no remodeling or enlargement of a building or structure shall be permitted unless the Planning Commission (or the City Council on appeal) shall find that the location and size of the building or structure, or the location and size of the remodeled or enlarged portions of the building or structure, have been planned and designed in such a manner as to comply with the following provisions:
a) The proposed development will not have an adverse impact upon the view, light, air and privacy of other properties in the vicinity;
b) The development has been located, planned and designed so as to cause the least intrusion on the views, light, air and privacy of other properties in the vicinity;
c) The design provides an orderly and attractive development in harmony with other properties in the vicinity;
d) The design will not have a harmful impact upon the land values and investment of other properties in the vicinity;
e) Granting such application would not be materially detrimental to the public welfare and to other properties in the vicinity;
f) The proposed development will not cause or result in an adverse cumulative impact on other properties in the vicinity.

Torrance Hillside Overlay

 

Happy Holidays from Redondo Beach Real Estate

The holidays are a wonderful time of year and it’s a pleasure to have helped so many people purchase the homes that they’ll spend those holidays in.  From our family to yours we wish everyone a very happy holidays and Merry Christmas.

Keith Kyle – Vista Sotheby’s International Realty – Redondo Beach Real Estate Homes

Redondo Beach Home Sales and Home Prices in October

The coastal community of Redondo Beach CA saw big home sales numbers for October of 2017.  Median home prices topped $1,100,000 with 72 homes and properties sold.    The median prices were over 25% higher than October of the previous year in which the median price was just under $880,000.  Visit our recent home sales section to see the homes that sold in Redondo Beach for October and other months.  See also the current homes for sale in Redondo Beach, CA.

City Homes Sold October 2017 Median October 2016 Median Year over Year % Change%
Carson 58 $495,000 $455,000 8.8%
El Segundo 19 $875,000 $925,000 -5.4%
Gardena 43 $545,000 $490,000 11.2%
Harbor City 17 $510,000 $4145,000 23%
Hawthorne 50 $578,000 $540,000 6.9%
Hermosa Beach 21 $1,414,000 $2,038,000 -30.6%
Lawndale 21 $505,000 $411,000 23%
Lomita 17 $575,000 $580,000 -.9%
Long Beach 322 $525,000 $475,000 10.5%
Manhattan Beach 28 $2,875,000 $2,250,000 27.8%
Marina Del Rey 25 $979,000 $1,150,000 14.9%
Palos Verdes Estates 30 $1,600,000 $1,825,000 -12.3%
Play Del Rey 16 $665,000 $635,000 4.8%
Rancho Palos Verdes 47 $1,265,000 $1,250,000 1.2%
Redondo Beach 72 $1,105,000 $878,000 25.8%
San Pedro 69 $530,000 $588,000 -9.8%
Torrance 127 $675,000 $632,000 6.9%
Westchester 38 $1,089,000 $1,050,000 3.7%

Big Home Sale in the Golden Hills – 1107 Goodman

One of the recent sales that represented a very big number for North Redondo and the Golden Hills was the sale at 1107 Goodman.  Listed for $1,890,000 the home quickly sold at full price after just 5 days on the market.  Sitting on an oversized, 5,215 foot, lot (more than double the normal lot in the area) this was brand new construction and something very hard to duplicate in this neighborhood.  Listed by Aaron Klapper of Strand Hill Christies International this was definitely a trophy house.  Per the listing description:

Welcome to this spectacular, brand new contemporary craftsman home in the heart of Golden Hills. The living room invites you in with soaring ceilings, lots of windows, and the first of three stunning stack-stone fireplaces. The open concept leads to the formal dining area, perfect for warmly entertaining family and friends. There’s an elegant powder room, and guest suite with built-in closet cabinetry and en-suite bathroom. Moving towards the rear of the home, the stylish kitchen has a large center island with quartz counter-tops, prep sink, and drawer microwave. The deep stainless steel farmhouse sink, soft close drawers, Thermador six burner stove and hood, butler’s pantry, walk-in pantry, and breakfast nook lend to this kitchen being as functional as it is chic. The comfortable family room with fireplace has large sliding glass doors that effortlessly lead to the peaceful back yard, creating that indoor/outdoor lifestyle you crave. Head upstairs to find the serene master suite with vaulted ceiling, fireplace, multiple closets, and large sunny balcony. The luxurious master bathroom has a contemporary soaking tub, large rain shower, and skylight. There are three other bedrooms upstairs, two sharing a jack-and-jill bathroom, and the other with en-suite bathroom and balcony. Other fabulous features include high ceilings, recessed LED lighting, European white oak engineered wood floors, quartz counter-tops, 8 foot doors, and of course, sought-after Jefferson school district.

 

 

Happy Thanksgiving from Redondo Beach Real Estate

From our family at Keith Kyle Homes, RedondoBeachRealEstateHomes.com and Visa Sotheby’s International we wish you and yours a very Happy Thanksgiving.

September 2017 Redondo Beach Real Estate Prices and Home Sales

September was another busy month in South Bay Real estate with a strong number of home sales along with some impressve prices.  Redondo Beach saw 86 home sales with a median price of $1,021,000.  To see all of the homes sold in the South Bay in September visit our recent home sales page.  The lowest price of the month was a Brookside Village condo selling for $436,500 and the highest home sale in Redondo Beach was an oceanfront new construction luxury condo at 1000 Esplande that closed at $3,250,000.

City Homes Sold September 2017 Median September 2016 Median Year over Year % Change%
Carson 55 $511,000 $462,000 10.5%
El Segundo 9 $1,130,000 $840,000 34.5%
Gardena 48 $475,000 $444,000 7.1%
Harbor City 22 $553,000 $465,000 19%
Hawthorne 46 $595,000 $558,000 6.6%
HermosaBeach 12 $2,150,000 $1,449,000 48.4%
Lawndale 15 $490,000 $479,000 2.3%
Lomita 12 $576,000 $593,000 -2.9%
Long Beach 326 $520,000 $478,000 8.8%
Manhattan Beach 38 $1,877,000 $2,200,000 -14.7%
Marina Del Rey 24 $933,000 $900,000 3.7%
Palos Verdes Estates 43 $1,600,000 $1,4023,000 14.1%
Playa Del Rey 17 $753,000 $538,000 39.9%
Rancho Palos Verdes 52 $1,250,000 $1,035,000 20.8%
Redondo Beach 86 $1,021,000 $1,035,000 20.8%
San Pedro 71 $558,000 $534,000 4.7%
Torrance 126 $728,000 $648,000 12.4%
Westchester 25 $1,140,000 $890,000 15.2%

Explore the Neighborhoods, Cities and Communities Around Redondo Beach

Welcome to Redondo Beach, the Beach Cities and the South Bay. While Redondo Beach has something to offer everyone,
some of the neighboring cities offer a flavor and feel all their own. Click on any city below to be taken to a area specific website or page geared specifically for that community.