Video Tour of the Oceanfront Condos of the Esplanade Redondo Beach

By Keith Kyle

We hope that this video may give you a better sense of some of the oceanfront buildings and complexes along the Esplanade in Redondo Beach.  Due to the cities zoning, the most affordable way of living oceanfront is along the Esplanade in buildings such as the Surfrider, Ocean Plaza, San Simeon, Sand Castle and more….visit our oceanfront condos in Redondo Beach to see the current listings along the water and homes for sale.

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Seascape 1 pool

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

By Keith Kyle

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 number 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 and Village Condos for Sale

Big Gains In May 2015 Median Home Prices in the South Bay

By Keith Kyle

May was another huge month in terms of home prices in the South Bay with Hermosa Beach highest on the wow factor with a median price in May of $,1450,00, almost 32% higher than the year before.  Redondo Beach saw major gains as well with 106 homes selling in May with a median home price of over $844,000

City Homes Sold May 2015 Median May 2014 Median Year over Year % Change
Carson 45 $410,000 $376,500 8.9%
El Segundo 14 $803,500 $818,000 -0.8%
Gardena 35 $405,000 $400,000 1.3%
Harbor City 26 $415,000 $382,000 8.6%
Hawthorne 68 $525,00 $487,000 7.9%
Hermosa Beach 23 $1,450,000 $1,102,000 31.6%
Lawndale 12 $431,000 $417,500 3.2%
Lomita 11 $509,000 $575,000 3.5%
Long Beach 362 $433,000 $399,000 8.5%
Manhattan Beach 38 $2,238,750 $2,005,000 11.7%
Marina Del Rey 26 $917,000 $900,000 1.9%
Palos Verdes Estates 37 $1,515,000 $1,430,000 5.9%
Playa Del Rey 24 $615,000 $711,000 -135%
Rancho Palos Verdes 56 $1,100,000 $990,000 11.1%
Redondo Beach 106 $844,500 $722,000 17%
San Pedro 67 $449,250 $425,000 5.7%
Torrance 148 $579,000 $560,000 3.4%
 Westchester 26 $900,000 $797,000 12.9%

Digs Magazine Real Estate Insider – Meet Top Agent Keith Kyle

Vista Sotheby’s top producing agent Keith Kyle was recently profiled as June’s real estate insider in Digs Magazine.  Digs Magazine focuses on the South Bay and Beach Cities lifestyle with an emphasis on luxury and high end real estate in Manhattan Beach, Hermosa Beach, Redondo Beach and the Palos Verdes Peninsula.  June 2015’s edition featured top producing Manhattan Beach real estate professional Keith Kyle.  See the full profile of Keith in the June edition of Digs Magazine.

Digs Magazine Real Estate Insider Keith Kyle

 

Torrance townhomes for sale

Real Estate Explained – 2 on a Lot Townhomes in Redondo Beach

By Keith Kyle

One of the more common types of houses in both north and south Redondo Beach is what we call a two on a lot.  At some point there was either a small home or small duplex on a larger lot.  While the city of Redondo will not allow these lots to be split, they can, depending on zoning, be the sites for multiple unit townhome buildings.  In general the zoning either allows a 3 on a lot townhome or a 2 on a lot townhome.   The appeal to the two on a lot is that it often feels more like a single family than what most think of when they hear townhome or townhouse.  The 2 on a lot can either be attached (usually the shared wall is the garage downstairs and either the master or a patio wall upstairs) or detached with no shared walls and usually a yard separating the two.  Both types of 2 on a lot can be a great alternative to a single family home.  They are usually larger, newer and in better locations than an SFR in the same price range.  In some cases these detached two on a lot have the even better fortune of being on a corner lot giving the two separate townhomes different street addresses and a look and feel of two completely different homes.  Values for 2 on a lot Redondo Beach townhomes have skyrocketed in the past 2 years with new construction detached two on a lots nearing $2.4M.Redondo Beach 2 on a lot townhomes

112 Irena Redondo Beach

Is $1.2M the New Normal for New Construction 2 on a Lot Redondo Townhomes?

***Please note that this post was from 2015 and new construction two on a lot townhomes are now generally priced over $2.1…..

By Keith Kyle

Two new Amir Amiri townhomes hit the market this week in North Redondo Beach at a fairly incredible $1,200,000 price tag.  It wasn’t long ago that we were fairly amazed to see these North Redondo Beach new construction detached townhomes near the $1.0M mark but that sounds like a bargain just 18 months later.  The most recent closed sales priced at $1.050M with the latest listings priced at $1.2M.  These two on a lot townhomes n both North and South Redondo have continually increased in value over the past 2 years and has created high demand from builders for larger lots with smaller or tear down type homes.

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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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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.