A Number of Condos Listings Hit the Market in Seascape One Redondo Beach

By Keith KyleSeascape-1-Pool

There’s been a definite lack of inventory in the world of ocean view and ocean front condos in Redondo Beach over the past 18 months.  Prices have risen dramatically as inventory dipped to record lows and demand for the “vacation” style feel of complexes such as the Seascape buildings, The Village and condos on the Esplanade have continued to grow.  At least in one complex there’s been a higher than usual Seascape One Redondo Ocean View Condosnumber of homes coming on the market in recent days.  Seascape One is located in the 200 block buildings of The Village (which is unusual in itself as it’s actually on Catalina).  As of July 18th there are 3 units for sale in Seascape One.  Of the 3 2 offer a interior garden view (this is the only Seascape or Village building offering interior facing units) and one offers some pretty significant ocean and harbor views.  Built in 1978 the condos are fairly ideally located just behind King Harbor and walkable to the pier, the beach, and the shops and restaurants of the King Harbor area.

Current Seascape One Condos for Sale

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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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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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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

Light and Bright Top Floor Condo in Seascape One

By Keith Kyle

Located just east of King Harbor, Seascape One, feels like life on vacation. Ocean views, landscaped grounds, beautiful sunsets over the ocean, hotel style pool and more make this a great option for people looking for a great location with a beach vibe. Just listed was 210 The Village #304 in South Redondo Beach.

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Ocean View Condo in South Redondo Beach

If you’ve dreamed of living life like you’re on vacation, this may be your opportunity. This beautifully remodeled condo in Redondo Beach offers vacation type living at it’s finest. Enjoy ocean, harbor and Redondo pier views within walking distance to restaurants, shops and the beach.

Contact Keith Kyle at with South Bay Brokers 310-251-2344 or keith@keithkylehomes.com for more information on this beautiful ocean view  condo in South Redondo Beach.

    The Village Redondo Panorama Sunset

Ocean View Condos in Seascape and The Village

By Keith Kyle

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 and 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.

There are endless reasons that the South Bay and Redondo Beach are great places to live, and without question the proximity to the ocean is one of them. 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 relatively high HOA dues to cover the various landscaping, pools and some insurance, but if you’re looking for an affordable way to have a beach home, they may be ideal for you. All three buildings offer some fantastic ocean, Catalina, 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.

Seascape I

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.

Seascape One Pool

 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 but this is not a challenge for the residents….only visitors. The complex also has shared laundry with a laundry room near the elevator on every floor. As each floor has it’s own laundry it is only shared by a few units so in general it isn’t a problem. Unlike Seacapes Two and Three the complex is not gated (although the parking, pool and the north side of the complex are)

Seascape II

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 occassionaly special assessments and the monthly HOA is fairly high and currently range between the mid $400-mid $600s depending on the unit size 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

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.

Current Village, Seascape and Esplanade Condos

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Palos Verdes Ocean View Short Sale Condo Opportunity

If you’re looking for an home with a nice ocean view in one of the South Bay’s best locations….this could be it.  Located in Rancho Palos Verdes near Trump National and Terrenea, this beautifully remodeled condo is agressively priced as a short sale and likely won’t last long.  Contact us at 310-251-2344 or homes@KeithKyleHomes.com for a private showing.  Listing agent information is below.

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