One South in Redondo Beach – New Construction on PCH now Pre-Selling

While the project was controversial within the community, the development known as One South in South Redondo Beach is nearing completion and the residential units are now pre-selling. Located at 1914 Pacific Coast Highway in Redondo Beach, the community consists of 52 residential units with retail below. The homes will consist of a mix of 1, 2 and 3 bedroom condos and townhomes ranging between 860 to 1,950 square feet with modern architecture, open floorplans and all of the bells and whistles buyers expect in new construction. Wtih close proximity to the Riviera Village shopping areas as well as the beach, the community offers a nice community feel in a pedestrian type setting.

One South Condos

Residence A1 – 1 Bedroom + Office

Residence A2 – 1 Bedroom + Office

Residence AM2 – 1 Bedroom + Mezzanine

Residence BM – 1 Bedroom + Mezzanine

Residence C1 – 2 Bedroom

Residence C2 – 2 Bedroom

Resicence CM1 – 1 Bedroom + Mezzanine

Residence CM2 – 2 Bedroom + Mezzanine

Residence DM – 2 Bedroom + Mezzanine

Townhomes

Contact us for more information.

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

 

Is $1.0M the New Price Point For New Construction Townhomes?

By Keith KyleGates-Townhomes

With prices rising rapidly in North Redondo Beach, the bar has now apparently been set for new construction 2 on a lot townhomes.  With the recent sales of all 4 units at 2016 and 2018 Gates, all priced at $999,000 the pricing for new construction 4 bedroom townhomes appears to be something unheard of in the past for this neighborhood.  The homes are certainly well done with high end finishes, square footage between 2400 and 2500 square feet, and each having small yards but the general consensus is that hitting the $1.0M price is a very big number for North Redondo townhomes.  Known in the area as “2 on a lot” townhomes they feel more like single family homes than townhomes.  They are completely detached, have direct garage access and private yards.   The property is shared among the 2 owners that comprise of the HOA.  In most cases the agreement between owners is pretty informal and often only insurance and landscaping are shared costs.  Contact us for information on these wonderful alternatives to single family homes or fill in our free listing update form to receive new listings daily.  See below for all of the 2013/14 sales of these 2 on a lot new construction townhomes.

Pending 2018 Gates AV #A  $            999,000 4/3,0,1,0 2508
Pending 2016 Gates AV #B  $            999,000 4/3,0,1,0 2400
Pending 2322 Carnegie LN   $            849,000 4/3,0,0,0 2126
Pending 2016 Gates AV #A  $            999,000 4/4,0,1,0 2400
Pending 1702 Phelan LN   $            819,000 4/2,1,1,0 2110
Sold 2018 Gates AV #B  $            999,000 4/3,0,1,0 2508
Sold 2017 Huntington LN #B  $            984,000 4/3,0,1,0 2612
Sold 2017 Huntington LN #A  $            992,000 4/3,0,1,0 2612

  • List View
  • Map View

See all Real estate matching your search.
(all data current as of 2/20/2019)

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

 
 

Fusion townhomes show just how the market has changed

Often when we look at the broader world of the real estate market it’s hard to noticeFusion South Bay just how dramatic a shift can be. It’s equally amazing just how quickly we forget the market we just left…as if we’ll never be back. I focus much of my attention in terms of marketing, selling and blogging about a small gated community in the Hollyglen known as Fusion South Bay. It’s just a pocket of newer townhomes in the South Bay but nowhere have I seen a more drastic turnaround and the implications it has had. I sold a few units at the height of the market and have struggled with the fact that values went down so dramatically and so quickly. As they were constructed in 2005-2007 almost every buyer was truly buying at the peak of the market. The result was a % of short sales and foreclosures not seen anywhere else in the area. Less than a year ago almost 75% of the closed sales were short sales and values plummeted. I showed most of them and, at the time, I almost felt as though you couldn’t give them away….no buyer motivation, no sense of urgency and most of those buyers are probably now kicking themselves. It was truly a buyers market.

Just a year later and oh how the real estate world has changed. Units that had been in the low $300,000s are now in the mid to high $400,000s and buyers are lining up for the next owner that decides to sell.   At the moment the one 2 bedroom home for sale, the smallest floor plan in Fusion, is listed at the same price that a 3 bedroom sold for just a year earlier.  Those clients that had bought a few years back are once again looking good and those that didn’t purchase at the bottom when they had the chance are certainly wishing they had. In one short year this micro market has gone from barely being able to give away these townhomes, to having buyers and agents eagerly searching off market for the chance to own one.

My how quickly things change and how quickly we forget where we just were.

 

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

Upcoming New Construction in Hermosa Beach

Recent news has shown that builder confidence is up and that new construction starts is at a multi-year high. That’s not anythingConstruction new for Hermosa Beach. A quick drive through the Hermosa Beach sand section makes it clear that builders are most definitely building. According to South Bay realtor and Hermosa Beach resident Keith Kyle with South Bay Brokers, “it’s hard not to notice the abundance of projects underway. In some areas there are 3 or 4 new homes being built on the same street. The market has always remained strong during the downturn, but the amount of builders buying older homes shows that confidence in the Hermosa Beach real estate market is very high.”  Much of the new construction is for owner users, but more and more spec projects are taking place as well. Below are some of the projects underway in Hermosa Beach. Prices on most are, as yet, undetermined but many do have some pricing information available. Beyond simply having a new home, the advantage to purchasing new construction when the project is underway is that buyers can often work with the builders in choosing finishes and truly make for a custom home.

2434 Hermosa Ave Single Family
2459 Myrtle Single Family
108 35th Street Single Family
2850 El Oeste Single Family
2418 Myrtle Single Family
504-512 25th Street 2 Single Family or 4 Townhomes
345 33rd Street Single Family
1400 Block Monterey 3 Townhomes
1100 Block Cypress 3 Townhomes
162 Monterey 2 Townhomes
100 Block of Manhattan
Ave
2 Townhomes
1500 Manhattan Ave 2 Townhomes
1515 Manhattan Ave 2 Townhomes
2052 Manhattan Ave Single Family
1160 Cypress 2 Townhomes
533 11th Street 3 Townhomes
1600 Golden 2 Townhomes
1200 Block 9th Street 2 Single Family Homes

Hermosa and Manhattan Beach Luxury Walkstreet Homes Driving the Market

Prices have jumped considerably in the sand sections of both Hermosa Beach and Manhattan Beach, and much of the reason is the recent flood of the market of very high end luxury homes in A+ locations. Although there are a few oceanfront “Strand” homes for sale, the primary reason for the recent rise in median prices is the number of homes and townhomes on the highly sought after “walkstreet” locations.  The current median price for a Hermosa walkstreet home is $3974,000 and the current average price is $4,447,500.  The current median price for a Manhattan Beach walkstreet home is $3,350,000 and the average price is $4,123,000.
Walkstreet Homes For Sale

For more information on the Manhattan Beach or Hermosa Beach sand section, or any of these luxury walkstreet properties, please feel free to contact us at 310-251-2344 or beachhomes@keithkylehomes.com.

 

 

 

Fusion and 360 South Bay Hot Real Estate Markets

With inventory continuing to decline the condo and townhome markets in the Hollyglen communities of 360 South Bay and Fusion South Bay have continued their torrid pace.  Both complexes are located along Aviation Blvd in the area of Hawthorne known as Hollyglen.  Fusion South Bay was completed in 2007 and 360 South Bay began releasing units in the past 2 years, so both offer a very affordable way of getting new or newer construction in the area which is very rare in the South Bay.  According to Manhattan Beach realtor Keith Kyle “many home buyers in the area often start their search looking for homes in Redondo Beach and find that in the mid $400K -$550K range what they can afford is much older and smaller.  Fusion and 360 offer a similar location, great schools and a much lower price point.  Simply put you get much more for your money.”

The market has been very active with 8 resale units currently in escrow.  360 is still currently releasing new construction units and most are not on the MLS so there are a number of additional sales not noted below.  As of March 13th there are no active condos or townhomes for sale but click below for the latest list of homes for sale as it’s continually updated.

 

Almost No New Construction Homes in Redondo Beach

When the housing bubble burst, new construction homes became almost non-existent with builders barely able to complete and sell the homes that they had in mid construction.  With the market picking up considerably in 2012 builders once again starting building and there have been a number of projects in Redondo Beach.  Although dramatically down from the peak days of 2006, there has been a fairly consitent level of new contruction inventory, but with the current market in which there are ample buyers and few sellers, that supply has become a trickle.   New construction homes for sale  in Redondo Beach are almost non-existent with only 2 projects actively for sale on the North Redondo Beach MLS and another 2 active listings in South Redondo.  This may reflect more on the overall market and the dramatically reduced inventory as even uncompleted projects often seem to have eager buyers wanting to pet together an offer.

North Redondo New Construction

ML# Status Type   Address Area Type  Price  Br/Ba Sq Ft DOM/CDOM
V12118626 Active SFR/D 2620 Robinson ST  151 STD  $      1,179,000 5/4,0,0,0 2920 66/66
SB12132152 Active TWNHS/A 1921 Grant AV #B 152 STD  $         719,000 4/3,0,0,0 1800 33/33
V12123898 B TWNHS/D 1903 Plant AV  151 STD  $         869,000 4/3,0,1,0 2178 53/53
S12124000 B CONDO/D 1905 Plant AV #A 151 STD  $         869,000 4/2,0,1,0 2330 53/53
SB12132597 B CONDO/D 1905 Plant AV #B 151 STD  $         869,000 4/2,0,1,0 2330 32/32
S12115711 B CONDO/D 2110 Rindge LN  151 STD  $         889,000 4/3,0,0,0 2445 77/77
PV12133509 B SFR/D 2622 Robinson ST  151 STD  $     1,195,000 4/4,1,0,0 2920 30/162
SB12132552 B CONDO 1909 spreckels #B 152 STD  $         879,000 4/3,0,1,0 2459 32/32
PV12138309 B TWNHS/D 2011 Belmont LN #B 152 STD  $         889,000 4/3,0,1,0 2600 18/18
V12123906 P TWNHS/D 2906 Aviation PL  151 STD  $         929,000 4/3,0,1,0 2624 47/47
PV12138302 P TWNHS/D 2011 Belmont LN #A 152 STD  $         889,000 4/3,0,1,0 2600  

Below is the most recent activity in South Redondo Beach

ML# S Type   Address Area Type  Price  Br/Ba Sq ft DOM/CDOM
V12125660 A TWNHS/D 110 Helberta AV #B 155 STD  $            899,000 3/2,0,1,0 1879 48/48
S12122561 A SFR/A 126 Prospect AV  155 STD  $        1,299,000 5/4,0,1,0 4800 55/55
V12103870 B SFR/D 2321 Ralston LN  153 STD  $        1,339,900 4/3,0,0,0 3421 100/257
V12021579 B TWNHS/D 505 Lucia AV #B 155 STD  $            929,000 3/3,0,1,0 2224 284/284
V12094408 P TWNHS/D 110 Helberta AV #A 155 STD  $            899,000 3/2,0,1,0 2044 73/73
S12111092 P SFR/A 407 Pearl ST  156 STD  $        1,050,000 3/2,1,0,0 1956 62/62
SB12140370 P SFR/D 546 Helberta AV  156 STD  $        2,195,000 5/3,1,2,0 4077  
S12111042 P TWNHS/A 311 Topaz  157 STD  $        1,379,000 5/2,2,0,0 3011 34/34
S12111059 P TWNHS/A 623 Elvira  157 STD  $        1,500,000 4/3,0,1,0 3505 0/0

DRE# 01712785