If oceanfront is what you’re looking for…..

By Keith Kyle 501 Paseo De La Playa Hollywood Riviera

I’ve been fortunate to represent a few clients on purchases or sales along Paseo De La Playa in the Hollywood Riviera and the locations is nothing short of spectacular.  Paseo De La Playa is the oceanfront street that connects Redondo Beach with the beginning of the Palos Verdes Peninsula and offers a lifestyle not found in many places.

The recent listing of 501 Paseo De La Playa is no exception.  This 5 bedroom, 3 1/2 bath home sits high on the bluff and offers mesmerizing views of the ocean, Palos Verdes and the beautiful coastline from Redondo to Malibu.

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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.

The Village In Redondo Beach Market Update

By Keith Kyle

The market in The Village, oceanview condos in South Redondo Beach, just couldn’t be hotter!  One bedroom homes have skyrocketed in value in just the past few months.  See the recent postcard to the sellers and homeowner in The Village.  The Village is a collection of condos and townhomes offering studio, 1 bedroom and 2 bedroom units, many with great views and all located just walking distance to the beach and the Redondo Beach Pier.

The Village Redondo Beach Letter

The Village Redondo Beach

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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Two Big Oceanfront Home Sales in the Hollywood Riviera on Paseo De La Playa

By Keith Kyle

Monthly home sales median prices can often be skewed by a few big numbers and October will certainly reflect that with two homes selling on the oceanfront street of Paseo De La Playa in the Hollywood Riviera.

The first sale was located at 406 Paseo De La Playa which is actually the non ocean front side of the street, but due to it’ location there are no homes on the west side of the street and most of the ocean views are unblocked and panoramic.  The home was a very nice contemporary/modern design with large windows to allow for floor to ceiling views.  With 4 bedrooms and 3 1/2 baths the home sold for a sizable $3.380,000 which is a number not generally seen on the east side of the street.406 Paseo De La Playa

ML#:   SB14186042 
Property Type Single Family Home
Price:   $3,380,000 
Price Per Sqft:   $946.78 
Square Feet 3570
Lot Size   6725 sq ft
Bedrooms:   4 
Baths:  3.5

 

The second home was located oceanfront at 605 Paseo De La Playa and sold for a sizable $4,300,000.  The home was a very original condition 1962 built home and for all intents and purposes this was a lot sale which sets a new price point for lot value in this highly sought after strip of land.  The homes on this side of the street have enormous lots over 20,000 feet but much of the land is a fairly unusable cliff/bluff.  They were originally on leased land but many of the homeowners have bought out the lease at one point or another.   One of the appealing aspects of this home was that it had a trail leading down to the beach and water which is fairly unique and almost impossible to do these days due to stringent restrictions by the California Coastal Commission.Oceanfront Homes

ML#:   PV14177338 
Property Type Single Family Home
Sales Price   $4,300,000 
Price Per Sqft:   $1,352.63 
Square Feet 3179
Lot Size   21,739 sq feet
Bedrooms:   4 
Bath:  3

605 Paseo De La PlayaThere is currently two additional oceanfront home on the market and actively for sale.   The first is  located at 617 Paseo De La Playa, Redondo Beach CA 90277.  As with most of the homes along Paseo, it’s been updated but still somewhat original.  Offering unbelievable views this will certainly be someone’s coastal dream house.

The second home is a palatial estate offering 7 bedrooms, 7 baths, over 7000 feet of living space on an almost 26,000 foot oceanfront lot.   The home is located at 433 Paseo De La Playa.

 

Redondo Beach oceanview Condos – Seascape I, II, III, and The Village

The area of Redondo known as The Village, or Seascapes I, II and III offers the finest in resort living. Located near the Redondo Beach pier andEnjoy ocean and harbor views a short walk to both King Harbor and the beaches of Redondo, these upscale condominiums offer a resort feel, and are the perfect home for those wanting to live close to the ocean. Often offering fantastic views of the Pacific Ocean, Catalina, and the beaches of Redondo the Seascape condominiums and townhomes boast pool and exercise facilities, a short walk to beaches, shopping and the pier. This is South Bay living at it’s finest.

View current oceanview condos for sale

Redondo Beach offers a wider variety of options than neighboring Hermosa Beach and Manhattan Beach as it’s zoned to allow higher density housing in some areas…..meaning larger condo complexes. Some of the most ideal complexes are located in South Redondo Beach just off of Catalina and are known as the Village or Seascapes I, II and III. All of the Seascape Buildings are also known as the Village (they’re actually all on Catalina but the addresses are on The Village) All of the complexes have Homeowners Associations with HOA dues to cover the various landscaping, pools and some insurance. If you’re looking for an affordable way to have a beach home, they may be ideal for you. All of these complexes offer some fantastic ocean, and harbor views and are centrally located just a short walk or bike ride to the beach, marina, restaurants and shops and parks. Keep in mind that some of my comments are just opinions on what is both good and bad about the buildings based on my observations and feedback from my clients.

The Village Townhomes and Condos (610-688 The Village)

The Village in Redondo Beach Harbor views from The Village Fitness-Center
The Village in South Redondo Beach may just be the most affordable way of living near the water in the South Bay. The Village condominiums and townhomes feature 323 well maintained units including studio, 1 bedroom, and 2 bedroom condos along with a few townhome style homes at the southern end of the property. The Village offers resort style living and includes two beautiful pool and spa areas (one is for owners only, the other is owned by Ocean Club rental units but fully usable by the owners in The Village) a state of the art fitness center (again part of the Ocean Club but free access is provided to owners) several bbq areas, walk paths, access to the Redondo pier area and more. Most units have ocean views, ocean breezes and are a wonderful place to call home…or a second home.

Seascape I (210-250 The Village)

Seascape-1 Seascape-1-Exterior Seascape-1-Pool

Seascape One is actually located between Seascapes II and III and consists of 210-250 The Village. It was built in 1978 and is just east of King Harbor and the Redondo Beach pier. Many of the units have fairly unique windows that allow for plenty of light and breezes. The smallest units are 1 bedroom 1 bath with around 577 square feet with the largest units being 2 bedroom 2 bath with just over 1600 feet. Values depend primarily on the location and view as well as the upgrades that the owners have done over time.

Pros: Location, location, location. Seascape I is central to everything and you truly don’t have to get in the car on the weekends. It’s directly adjacent to the marina and the Redondo Beach pier and has a large grassy park just outside your door. Some of the units are very nicely remodeled and some have tremendous ocean views (although those unblocked view units rarely come on the market. This is an affordable way to live by the beach or use a rental unit. See additional pictures of an ocean view unit at 240 The Village.

Cons: The complex is a little maze like and finding your way around isn’t always simple. The complex also has shared laundry with a laundry room near the elevator on every floor. Another negative is that there seems to continually be an assessment in addition to the HOA dues and currently all of the planters and ponds have been undergoing continual work. Unlike Seacapes Two and Three the complex is not gated (although the parking is)  View current oceanview condos for sale

Seascape II (110 – 160 The Village)

Top-Deck-Umbrella-small Livingrom-View-small Seascape 2 Pool

Seascape 2 was built in 1980 and looks a bit more modern than Seascape I. The units are much larger with the smallest one bedrooms just a bit over 900 square feet and the largest condos having 2 bedrooms plus a very good sized loft (with an additional balcony) and just at 1900 square feet. Seascape 2 consists of the buildings with 100-160 The Village addresses and is the furthest north of the oceanfront/oceanview buildings. The complex has a very nice pool area and is walkable to just about everything imaginable. Seascape 2 also has some townhome units with larger square footage and attached garages. Many/most of the units have been extensively remodeled and many have stunning ocean and harbor views.

Pros:Again the location is excellent with shops, restaurants, gyms and the beach just a stroll away. The complex has a very nice vacation like feel to it and is ideal for those looking for a beach home, second home or just wanting a primary residence at the beach….without the price tag of many other oceanview properties.

Cons:There are often assessments and the monthly HOA is fairly high and currently start around the mid $400s as of this article. It’s a fairly large complex and often a bit confusing to find your way around. Although the views can be stunning some of the units are a bit further back with a service road and a few buildings in front of the views of some of the lower units.

Seascape III (510-540 The Village)

  Seascape-3-Pool

Built in 1980 Seascape III feels very similar to Seascape II with a slightly more “vacation” type feel. The condos are fairly large with the smallest 1458 square feet and the largest being the penthouse 2 bedroom with an ocean view loft and separate patio with slightly over 2000 square feet.

This is the furthest south of the Seascape buildings but still walkable to everything.

Pros: Again the location is just ideal and the complex has a great second home or vacation feel. Higher floor units have some tremendous views and many have been very nicely upgraded. As with all of the Esplanade and Village buildings, prices have come down considerably as they have had a very high second home ownership in the past and have suffered quite a bit with some foreclosures and short sales forcing prices down which makes for an ideal environment for buyers

Cons: As with all of the Seascape buildings the HOA is quite high and the age of the buildings, coupled with their environment of sun and salt air, often make for additional assessments. HOA is also fairly restrictive as to what can be done to the units, but this can also be considered a positive for many.  View current oceanview condos for sale

Building Spotlight – The Village in Redondo Beach

By Keith Kyle

The Village in South Redondo Beach may just be the most affordable way of living near the water in the South Bay.  The Village condominiums and townhomes feature 323 well maintained units including studio, 1 bedroom, and 2 bedroom condos along with a few townhome style homes at the southern end of the property.  The Village offers resort style living and includes two beautiful pool and spa areas (one is for owners only, the other is owned by Ocean Club rental units but fully usable by the owners in The Village) a state of the art fitness center (again part of the Ocean Club but free access is provided to owners) several bbq areas, walk paths, access to the Redondo pier area and more.  Most units have ocean views, ocean breezes and are a wonderful place to call home…or a second home.  Visit our 620 The Village site for pictures, videos, floorplans and more.

Complex Features
Resort style pools

  • Well-managed 323 unit complex, with onsite-manager and maintenance staff
  • Gated Community
  • Financially strong HOA, with the most recent reserve study estimating reserve funding at 88% on 12/31/2013*
  • Continuous history of low HOA dues
  • A Legal Judgment, favoring The Village, specifies that Lyon Management Group cannot increase the monthly fee they charge the Village HOA for our access to the recreational facilities at the Ocean Club.** Long term, this helps to keep our HOA dues down.

AmenitiesHarbor view deck area

  • Two beautifully renovated pool areas, each with its own pool and jacuzzi
  • Poolside, ocean view patio seating for dining and lounging
  • A fire pit to enjoy the ocean view and outdoors on a cool day or evening
  • Three barbeque areas to grill up your favorites while watching sunset
  • Ocean view state of the art fitness center
  • Lush landscaping, ponds, and waterfalls
  • Ocean view dog path
  • Steps to Bicycle Path, Beach, Pier, and Harbor
  • Passenger Elevator

Pets

  • “Each unit is Limited to One Pet under 15 inches tall from its shoulder.”
  • “Pets shall be ordinary household pets such as dogs, cats, birds, and fish.”
  • See Pet Rules and Regulations for additional information.

What’s around the Village?

One of the nicest features to living in The Village is that you can park your car on a Friday and never need to get back in until Monday (or if you’re really lucky weekdays are not any different than weekends). There is so much to do and all within walking distance.

Just a few of the many activities just outside your door!
Additional recreational activities are available throughout the waterfront, such as:

  • Fishing from the Pier in designated areas
  • Sportfishing Boat Redondo Beach Marina (310) 374-3481
  • Whale Watching Boat Redondo Beach Marina (310) 374-3481
  • Marina Boat Rides Redondo Beach Marina (310) 374-3481
  • Ocean Racer Redondo Beach Marina (310) 374-3481
  • Charters Redondo Beach Marina (310) 374-3481
  • Sailing Instruction Marina Sailing (310) 318-2772
  • Bicycling Marina Bike Rentals (310) 376-0431
  • Waverunner Rentals Redondo Beach Marina (310) 374-3481
  • Bike Riding along the L.A. County Bike Path
  • Roller Skating/Rollerblading along North Harbor Drive
  • Sport Center Fitness Club located at 819 N. Harbor Drive (310) 376-9443
  • Redondo State Beach 2 miles of clean, sandy beach for sunbathing, swimming, or surfing
  • Whaling Wall travel on North Harbor Drive and you can’t miss the the mural painted by world famous artist Wyland
  • S.E.A. Lab for education about our marine environment, visit the southwest corner of North Harbor Drive and Yacht Club Way (310) 318-7432

 

* Source: November 13, 2013, Village COA, Annual Budget Report

** Documentation to be provided to Buyer

 Current Village and Seascape Listings

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506 Paseo De La Playa – One Funky House in one Spectacular Location

By Keith Kyle605 Paseo De La Playa

Paseo De La Playa, the oceanfront street in the Hollywood Riviera, offers some incredible opportunities in the rare instances when homes become available.  These homes sit oceanfront on the bluff, offer huge lots, and some even offer a path down to Torrance Beach, an almost private beach due to the inaccessibility for most.  The homes along the cliff were primarily built in the 60’s and 70’s and most definitely have that Brady Bunch vibe…with a multi million dollar view.  Some homes have been extensively remodeled and updated but not the home at 506 Paseo.  It’s like stepping back in time with shag carpets, paneling, funky colors and more.  The home may be funky but it has limitless potential as the views and location are stunning.  This home needs a complete overhaul, and with the level of work we feel it’s significantly overpriced but for the right buyer this truly presents the opportunity to create a showcase home.

We're sorry, but we couldn't find MLS # PV14177338 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

 

 

Coastal Charm in South Redondo Beach

By Keith KyleKing Harbor and Redondo Beach Pier views from the Esplanade condos

Located along some of Southern California’s finest beaches, South Redondo Beach has something to offer everyone. Redondo is generally comprised of two main areas known as South and North Redondo. Each area has a very different feel with South Redondo having more of a beach atmosphere due to it’s location and the fact that it’s bordered on the west by the Pacific Ocean. Bordered by the Palos Verdes Peninsula to the south, North Redondo to the north, and Torrance to the east, South Redondo Beach offers great schools, proximity to the beach, and an abundance of activities.

Current South Redondo Home Listings

Some highlights include ocean activities and dining at King Harbor, great shopping in the Riviera Village, the Redondo Beach pier, and nature walks at Wilderness Park.

Redondo Beach Neighborhoods Redondo Beach Links

Find Redondo Beach school district information, including elementary, middle and high school test scores, student faculty ratios and other statistics. We also have information on selling your home in Redondo Beach, home buying, mortgages and financing, and other realty services for anyone looking to sell a home or buy a home in Redondo Beach, CA.

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Current South Redondo Beach Homes for Sale

  1. 5 beds, 4 baths
    Home size: 4,079 sq ft
    Lot size: 7,163 sqft
  2. 3 beds, 2 baths
    Home size: 1,567 sq ft
    Lot size: 5,471 sqft
  3. 5 beds, 2 baths
    Home size: 2,422 sq ft
    Lot size: 6,948 sqft
  4. 5 beds, 2 baths
    Home size: 1,916 sq ft
    Lot size: 6,032 sqft
  5. 4 beds, 3 baths
    Home size: 1,934 sq ft
    Lot size: 6,924 sqft
  6. 3 beds, 3 baths
    Home size: 2,058 sq ft
    Lot size: 5,615 sqft
  7. 3 beds, 2 baths
    Home size: 2,074 sq ft
    Lot size: 7,886 sqft
  8. 5 beds, 7 baths
    Home size: 4,822 sq ft
    Lot size: 5,503 sqft
  9. 5 beds, 3 baths
    Home size: 2,010 sq ft
    Lot size: 6,044 sqft
  10. 1 bed, 1 bath
    Home size: 612 sq ft
    Lot size: 7,320 sqft

See all Current homes for sale in 90277 zip code.
(all data current as of 6/23/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Condo Spotlight – 721Esplanade – Oceanfront Living in Oceania

By Keith KyleOcean and Redondo Beach views from Oceania at 721 Esplanade

In our continuing discussions of oceanfront condos in Redondo Beach today we’ll spotlight the Oceania building at 721 Esplanade.  As this is one of the furthest south of all the larger condo buildings views are often about as good as they get….especially on units that face NW.  Oceania consist of 28 1 and 2 bedroom condos, all directly facing the ocean.  Some of the units sit on the corner and enjoy even more dramatic views that extend from Palos Verdes to Malibu with the coastline and King Harbor in between.

HOA fees run around $315 a month (as of August 2014) but the amounts vary slightly.  Oceania has a very nice sun deck but the building does not have a pool or spa.   The building does have a small fitness room and laundry is common area with individual units not having W/D hookups.  As of this post, pets are permitted according to the CCRs.

Oceania at 721 Esplanade in Redondo Beach721 Esplanade sits as high on the bluff as any of the buildings so views are just about as good as it gets (it also has the best ocean front views of any parking lot we’ve seen).

Another very nice aspect to the location of Oceania is that it is a relatively short walk to the charming shopping and dining area of Riviera Village  near the Hollywood Riviera.

Currently there is one beautiful corner unit for sale and while still for sale can be seen here.

Current Esplanade Condos for Sale