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

No Shortage of $1.0M+ Homes in the Golden Hills of Redondo Beach

By Keith Kyle

The Golden Hills of Redondo Beach was always the most affordable way of owning a good sized single family home.  Prices over $1,000,000 were rare and were saved for really special homes.  That’s all changed and sales of well over $1,000,000 are becoming commonplace.  Since December of 2015 there have been 10 homes that have come on the market above $1.0M.  The demand for the neighborhood remains very high and with most homes offering about 1850 square feet, buyers are still eager to purchase the larger or newer homes in the area.

Golden_Hills_Homes_Over_$1,000,000

Current homes for sale over $1,000,000 in the Golden Hills

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Just Sold – 1637 Armour Lane in the Golden Hills of Redondo Beach

By Keith Kyle1637_Armour_Ln_front5 copy

Located on an oversized 4,100 foot lot, this charming and updated Golden Hills home is far from ordinary. The curb appeal couldn’t be better….from the white picket fence, to the large front yard with environmentally friendly turf, to the updated exterior with a charming porch, smooth stucco to the manicured landscaping. As charming inside as out the home offers gleaming hardwood floors, recessed lights, remodeled kitchen and 3 bright bedrooms. Enter the home to a warm 1637_Armour_Ln_living1nowiresand inviting living room with large windows and an abundance of natural light. Directly off of the living room you’ll enter the remodeled kitchen with stainless appliances, granite countertops, tile floors and an adjacent dining area overlooking the front yard. Featuring 3 bright bedroom and 2 remodeled bathrooms with a coastal inspiration. The largest bedroom also offers direct sliding doors to the huge grassy backyard and flagstone patio. Yards generally don’t exist in the Golden Hills and 1637 Armour offers large front and rear yards. All of this located on a quiet one way street in the Jefferson Elementary district of Redondo and just a short drive to King Harbor, the Redondo 1637_Armour_Ln_yard1 copypier and one mile to the beach.

See our Golden Hills Real Estate site for more information on this coming soon listing or contact listing agent and Redondo Beach realtor Keith Kyle.

  • 3 Bed/2 bath
  • 4100 Sq Ft Lot
  • 1048 Sq Feet
  • Large Backyard
  • Great Location
  • 1 car garage
  • Remodeled
  • Fenced front yard with turf
  • Hardwood floors

Inventory, Home Sales, Pendings and Prices All Rising in Golden Hills of Redondo Beach

Unlike the adjacent neighborhoods of Manhattan and Hermosa Beach, the real estate market in the Golden Hills of Redondo Beach, just east of Hermosa has been somewhat unique in recent months.  Everything seems to be on the rise with the number of active homes for sale increasing, sales increasing, pending home sales increasing and prices on the rise.  The area is home to a rather unique type of single family home known as a “tall and skinny” in the local real estate world.  With lots dimensions at 25 x 100 and minimal setback requirements, most homes are only separated by 5 feet and is something not seen in many other neighborhoods. Read more about the pros and cons of Golden Hills Real Estate.  According to Redondo Beach real estate specialist Keith Kyle, “we’re seeing homes selling over list price, with multiple offers on a fairly regular basis and prices have rebounded considerably in 2013.”
Active (Light Green), Pending (red line) and Sold (Dark Green) Golden Hills Single Family Homes

Days on Market and % of Original List Price Homes are Selling at

Lack of Starter Homes Available in the Golden Hills of Redondo Beach

Many South Bay home buyers are looking for a starter home in the Beach Cities often look to the Golden Hills area of Redondo Beach.  The area offers homes often referred to as “tall and skinnies” due to the very narrow and long lots created when the area was originally subdivided.  The Golden Hills area is located just east of Hermosa Beach between Artesia and 190th.  Homes are often significantly less expensive then identical homes just several blocks away in the Hill Section of Hermosa.  The homes generally start in the mid $700K range for something with 1700 square feet or so, but there are always less expensive options….until recently.  While pulling comparables for a Redondo Beach home seller, it was hard to believe that of the 8 homes priced below $750,000 only one was active and all others were pending.  That’s a fairly incredible ratio, even in this very active market.  If home sellers are considering selling their entry level Golden Hills home, now may be a great time.

Golden Hills Redondo Beach homes

The chart below shows just how far down our inventory has come on single family homes priced below $750,000.  September of last year had 13 active SFR listings in the Golden Hills in this price range while now we only have one.  That’s a fairly incredible turn around in one year but the inventory has steadily dropped.

Golden Hills Real Estate market statistics

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with Vista Sotheby’s International Realty in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, TorranceRealEstateHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.

 

Golden Hills of Redondo Beach

About the Golden Hills of Redondo Beach

Located just east of Hermosa Beach, the “Golden Hills” section of Redondo Beach offers great home values for the South Bay. The Golden-Hills-Maphomes in the Golden Hills are affectionately known as the “tall and skinnies” and many offer great square footage for much less than in neighboring Hermosa and Manhattan. Redondo Beach offers great schools,  proximity to the beach, and an abundance of activities. Home prices generally range from the low $700,000’s to over $1M for new construction and the homes are usually 3-4 bedrooms.

Sorry, but we couldn't find any results in the MLS that match the specified search criteria.

Your online resource for Redondo Beach, California homes and real estate. Find your home in the Golden Hills with our simple targeted home search or find all South Bay homes with our free MLS access. If you are looking to buy or sell a home or investment property in Redondo Beach….we can help. Find out why South Bay Brokers should be your Golden Hills Realtors®. From new construction, to “tall and skinnies” to townhomes and condos, we can help.