So What’s A 3 on a Lot Townhome? Redondo Explained

One of the relatively unique home options in Redondo Beach is what realtors call a “3 on a lot”.

One of the property types fairly unique to Redondo Beach is the “3 on a lot” townhome. When most buyers, especially those coming from out of the area, think of a townhome they picture endless rows of identical looking houses. Many buyers reach out to me looking for a single family home in the area, but unfortunately, can’t always afford single family homes in Redondo Beach. I often recommend that they consider a townhome as they’ll generally get nicer, newer, larger and better location for a lower price. Most of the time this idea is quickly rejected but once I show them the concept of a “two on a lot” or “three on a lot” they become far more interested. A great number of the lots in North Redondo are fairly large for the area at 50×150. These lots originally had some type of bungalow or duplex built in the 50s and many were long ago sold and knocked down. Due to zoning rules in Redondo Beach, what replaced them were most often townhomes.   A “3 on a lot” townhome is a building in which 3 units share the lot.

Front townhome 3 on a lot townhomes Backyard of a 3 on a lot townhome

These 3 on a lot townhomes are always connected, unlike some 2 on a lot situation, with shared walls between the front unit and middle, and back unit and middle. The most common details of the units are:

  • Front Unit – usually has some type of front yard that, while technically often “common use” areas, they are generally used only by the front owner. The units often have square footage of 1700-1900, 3 bed, 2 1/2 bath, at least one balcony, attached garage and one shared wall (garage below and often living room above. Most often there are two bedrooms and 1 bath downstairs, with the master bedroom, living room and kitchen upstairs. These units are often the brightest but also front the street.
  • Middle Unit – The middle unit is often the least expensive of the three units due to the multiple shared walls and no yard. Square footage is often between 1700-2000 square feet and either has the same configuration as above, or often times has 4 bedrooms with 2 downstairs, master upstairs and a very small 4th bedroom upstairs. Living room is often smaller in the middle unit.
  • Rear Unit – Usually the most expensive as they almost always have some type of private yard in back. Configuration is often the same as the front unit, but usually some type of sliding doors/French doors from one or both of the downstairs bedrooms accessing the backyard.

One aspect that many buyers find difficult to accept is the fact that there is an HOA. Unlike large complexes with management companies, HOA board meetings etc., the HOA on a 3 on a lot can be very low key and sometimes not even active. As the 3 owners collectively own a portion of the land, the HOA cannot be dissolved but in many cases it is inactive. In general they are informal affairs with the minimal HOA fees (often around $175 a month) covering landscaping and shared insurance and each owner covering maintenance, and other items separately. As with any property not wholly owned there are possible challenges and frustrations as owners (just like neighbors) don’t always see eye to eye on fixes, repairs like termite work, roof fixes, etc. Overall the benefit of the townhouse concept is that the same price that may purchase a 1100 foot 2 or 3 bed 1 bath house in need of work, can purchase a 1800 foot 3 bedroom 3 bath townhome that’s far newer. Real estate purchases almost always involve compromises and priorities and depending on just what’s important to a buyer in Redondo Beach, a 3 on a lot townhome might be an ideal fit.

630 The Village Redondo Beach

Finally some inventory in The Village of South Redondo Beach

By Keith Kyle

There hasn’t been much available in The Village condos in South Redondo Beach in the past few months but all of the sudden we have 3 units for sale.  2 of the units are one bedroom (by far the most common as every floor in each building only has 2 studios in the rear and 2 two bedroom which are always oceanfront…everything else is a one bedroom).

 

Redondo Beach townhomes for sale

Redondo Beach Home Sales Pick Up in February….Slightly

February 2023 Home Sales and Home Prices in Redondo Beach

33 Home Sales at and Average Price of $1,559,905

See the details and Redondo Beach home prices for February 2023.

It was another slow month for Redondo Beach real estate with only 33 home sales….but that was a big improvement from the record low 21 sales in January.

The average “list” price was $1,396,724 with the average sold price at $1,383,197 which meant that homes generally sold below the asking price.
This was actually a big drop from the average price of just under $1.5M in January although there were so few sales that month that the average was skewed.

Homes averaged $858 a square foot and averaged a fairly brief 48 days on market before going into pending status.

Homes for sale in the Golden Hills of Redondo Beach

February 2023 Redondo Beach Home Sales and Prices

Type Address Price $ Per Foot Bed/Bath Sq Feet Year
TWNHS/A 2215 Gates AVE #B $755,000 $674 2/1,0,1,0 1120/T 1975/PUB
TWNHS 2307 Felton LN #B $1,099,000 $671 3/2,0,0,0 1638/A 1987/ASR
TWNHS/A 2302 Voorhees AVE $1,250,000 $551 3/3,0,0,0 2270/A 1983/ASR
DPLX/D 2216 Plant AVE $1,350,000 $681 5/ 1982/A 1964/ASR
SFR/D 2206 Gates AVE $1,505,000 $2,138 2/1,0,0,0 704/A 1947/ASR
CONDO/A 1919 Carnegie LN #B $939,000 $620 2/3,0,0,0 1515/A 1980/ASR
TWNHS/A 2208 Carnegie LN #C $1,025,000 $618 3/2,0,0,0 1658/A 1983/ASR
TWNHS 2017 Marshallfield LN #A $1,223,000 $621 3/3,0,0,0 1968/ 1984
TWNHS/A 1915 Harriman LN #A $1,362,500 $555 4/2,0,1,0 2453/A 2002/PUB
SFR/D 706 Blossom LN $1,510,000 $1,141 3/2,0,0,0 1323/A 1961/ASR
SFR/D 1802 Speyer LN $1,539,000 $930 3/1,1,0,0 1654/A 1952/ASR
SFR 2118 Harriman LN $1,600,000 $1,135 2/2,0,0,0 1410/ 1958
TWNHS/A 1605 Flagler LN $2,000,000 $686 4/5,0,1,0 2916/B 2022/BLD
TWNHS/D 2016 Clark Ln #A $2,020,000 $782 4/3,0,1,0 2584/B 2022/BLD
TWNHS/D 2016 Clark Ln #B $2,025,000 $782 4/3,0,1,0 2591/B 2022/BLD
SFR/D 2518 Spreckels LN $950,000 $1,039 3/1,0,0,0 914/A 1953/ASR
SFR/D 508 Rindge LN $1,205,000 $1,082 3/1,0,0,0 1114/A 1955/ASR
SFR/D 2617 Armour LN $1,284,000 $957 3/1,1,0,0 1341/D 1953/ASR
SFR/D 1739 Goodman AVE $1,215,000 $1,153 2/1,0,0,0 1054/A 1952/PUB
SFR/D 1211 Steinhart AVE $2,400,000 $713 4/4,0,1,0 3368/A 2008/ASR
TWNHS/A 606 N Guadalupe AVE #J $1,250,000 $720 3/3,0,0,0 1737/A 1979/ASR
TWNHS/A 117 S Prospect AVE $1,450,000 $550 4/2,0,1,0 2638/A 1989/PUB
TWNHS/D 204 N Irena AVE #A $1,499,000 $717 3/2,0,1,0 2090/SEE 2003/ASR
CONDO/A 900 Camino Real #203 $680,000 $717 2/2,0,0,0 949/A 1970/ASR
SFR 609 Ruby ST $2,801,000 $831 5/5,0,0,0 3371/ 2007
CONDO/A 620 The Village #112 $745,000 $1,204 1/1,0,0,0 619/A 1974/ASR
CONDO/A 230 S Catalina AVE #214 $1,075,000 $796 2/1,1,0,0 1351/A 1974/PUB
CONDO/A 615 Esplanade #111 $1,100,000 $1,530 1/1,0,0,0 719/A 1971/ASR
TWNHS/A 409 N Elena AVE #2 $1,149,000 $744 2/1,1,1,0 1544/A 1986/ASR
CONDO/A 230 S Catalina AVE #416 $1,150,000 $619 3/2,0,0,0 1858/A 1974/ASR
TWNHS/A 621 S South PCH #B $1,390,000 $734 3/3,0,1,0 1893/A 2006/ASR
CONDO/A 1007 S Catalina AVE #205 $1,400,000 $890 2/1,1,1,0 1573/A 1972/ASR
TWNHS/D 519 N Elena #A $1,700,000 $744 3/2,0,1,0 2284/A 2003/ASR
SFR/D 1129 Dahlia WAY $935,000 $429 4/3,0,0,0 2181/A 1989/PUB
Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Redondo Beach luxury homes for sale

Redondo Beach Home Sales Slow to a Trickle in January

January 2023 Home Sales and Home Prices in Redondo Beach

Only 21 Home Sales at and Average Price of $1,559,905

See the details and Redondo Beach home prices for January 2023.

It was a VERY slow month for Redondo Beach real estate with only 21  home sales….but December is traditionally the slowest month of the year for homes going into escrow.

The average “list” price was an impressive $1,559,905 with the average sold price at $1,499,544 which meant that homes generally sold below the asking price.

Homes averages $796 a square foot and averaged a fairly brief 59 days on market before going into pending status.

Redondo Beach luxury homes for sale

January 2023 Redondo Beach Home Sales and Prices

Type AddressPrice$ Per Sq FtBed/BathSq FeetAge
SFR/D205Via Colusa$2,100,000$8433/3,0,0,02492/A1948/ASR
TWNHS/A2615Ruhland AVE #11$810,000$5652/1,0,1,01434/E1978/EST
SFR/D2814Carlsbad ST$1,075,000$6553/3,0,0,01640/A1949/ASR
TWNHS/A2416Nelson AVE #B$1,275,000$5134/2,0,1,02486/A1988/ASR
SFR/D2401Spurgeon$1,600,000$7583/1,1,0,02110/T1945/ASR
SFR/D2801May AVE$1,973,000$8553/2,0,1,02307/A2010/SLR
TWNHS/A2616Carnegie Lane #C$1,300,000$7394/2,0,1,01760/P2005/PUB
TWNHS/D2216Clark LN #A$1,415,000$6104/2,0,1,02318/A2001/PUB
TWNHS/D1723Clark LN #B$2,100,000$7764/3,0,1,02707/B2022/BLD
SFR/D600Inglewood AVE$1,075,000$6384/2,0,0,01685/A1955/ASR
SFR/D2211Fisher CT$1,125,000$1,0103/1,0,0,01114/A1955/PUB
SFR/D2703185th ST$1,170,000$8303/1,2,0,01410/E1955/BLD
SFR/D507Cluster LN$1,687,432$1,0243/2,0,0,01648/A1955/ASR
SFR/D2302Ives LN$3,490,000$8005/5,0,1,04363/B2022/BLD
TWNHS/A121 SLucia AVE #3$1,203,000$5973/2,0,1,02014/A1986/ASR
TWNHS/D519 NIrena AVE #B$2,400,000$8285/5,0,1,02900/B2022/BLD
CONDO1920 SPacific Coast HWY #214$1,025,000$8812/2,0,0,01164/2018
TWNHS/D1800 SPacific Coast #72$1,277,000$8533/2,0,1,01497/A2000/ASR
CONDO/A565Esplanade #104$780,000$1,0861/1,0,0,0718/E1971/EST
CONDO/A575Esplanade #103$970,000$7142/2,0,0,01359/A1974/ASR
CONDO/D531Esplanade #901$1,640,000$1,1442/0,2,1,01434/A1974/ASR

Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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Vista Sotheby's International

Vista Sotheby’s International Realty is one of the top real estate brokerages in the South Bay and Southern California with offices in Redondo Beach and throughout the South Bay

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

Phone:

310.251.2344

E-mail:

keith.kyle@vistasir.com

CONTACT AGENT

DRE#01712785

keith kyle

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Sotheby's International

Welcome to Sotheby's International Realty representing buyers and sellers of fine South Bay and Southern California properties

Redondo Beach Real Estate & Homes. All rights reserved. Information deemed reliable but not guaranteed

Keith Kyle – Licensed Realtor – Vista Sothebys International Realty – DRE#01712785

The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby’s International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission.