Author: Keith Kyle
December 2017 Redondo Beach Home Sales – Median Price Tops $1.0M
The monthly sales are in for December and although it was a bit of a slower month in terms of the number of homes that sold, it was a very strong month for home prices in this coastal town. Redondo Beach recorded 78 homes sold in December at a median price of $1,018,000. While median prices have topped $1.0M in the past it’s still fairly rare. Click here to see the current homes for sale in Redondo Beach or view our recent home sales in Redondo Beach.
| City | Homes Sold | December 2017 Median | December 2016 Median | Year over Year % Change% |
| Carson | 47 | $486,000 | $451,000 | 7.8% |
| El Segundo | 11 | $966,000 | $985,000 | -2% |
| Gardena | 65 | $515,00 | $465,000 | 10.8% |
| Harbor City | 17 | $572,000 | $621,000 | -7.9% |
| Hawthorne | 30 | $545,000 | $555,000 | -1.9% |
| Hermosa Beach | 15 | $2,003,000 | $1,440,000 | 39.1% |
| Lawndale | 12 | $448,000 | $510,000 | -12.3% |
| Lomita | 10 | $595,000 | $519,000 | 14.5% |
| Long Beach | 284 | $497,000 | $465,000 | 6.9% |
| Manhattan Beach | 36 | $2,250,000 | $1,790,000 | 25.7% |
| Marina Del Rey | 31 | $1,075,000 | $841,000 | 27.9% |
| Palos Verdes Estates | 27 | $1,342,000 | $1,599,000 | -16.1% |
| Playa Del Rey | 9 | $612,000 | $588,000 | 4.2% |
| Rancho Palos Verdes | 58 | $1,050,000 | $1,170,000 | -10.3% |
| Redondo Beach | 78 | $1,018,000 | $987,000 | 3.1% |
| San Pedro | 58 | $485,000 | $515,000 | -5.8% |
| Torrance | 111 | $670,000 | $650,000 | 3.1% |
| Westchester | 38 | $1,005,000 | $985,000 | 2% |
Two Big Home Sales in the TRW Tract of North Redondo
The TRW tract of North Redondo Beach is a unique neighborhood in the 90278 zip code as it generally only allows for single family homes giving it more of a neighborhood feel. This combined with some oversized lots make the community a great place to live. Most of the homes are 1950’s bungalows but some have been updated, upgraded, remodeled or even rebuilt. Homes are generally priced a bit over $1,000,000 depending on location and lot size. Recently two very nice properties came and went quickly and at prices rarely seen in this area. See the current homes for sale in the TRW tract and North Redondo Beach.

Sales prices of both 2842 Pinkard and 2814 Timothy haven’t been released as of this post but check out the Redondo Beach recent home sales page for updated information.
Redondo Beach CA Home Sales for November
Redondo Beach CA saw yet another strong month in home sale and home prices
in November of 2017 with 79 homes sales at a median home price of $955,000. This was well over the November of 2016 median price of $900,000 but well below the numbers for October 2017 which saw an impressive median price of $1,105,000 which is well above the norm.
The lowest price home sale of the month was a smaller one bedroom condo in Breakwater Village (senior 55+ complex) which closed at $415,000 with the highest price sale cosing at $4,550,000 for a 3 bedroom ocean front condo at 1000 Esplanande in South Redondo Beach. This was new construction in a spectacular location.
See the current homes for sale in Redondo Beach or see the recent Redondo Beach home sales.
| City | Homes Sold |
November 2017 Median |
November 2016 Median |
Year over Year % Change% |
| Carson | 49 | $476,000 | $450,000 | 5.9% |
| El Segundo | 12 | $1,243,000 | $816,000 | 52.3% |
| Gardena | 52 | $533,000 | $504,000 | 5.7% |
| Harbor City | 10 | $555,000 | $523,000 | 6.1% |
| Hawthorne | 30 | $577,000 | $575,000 | .3% |
| Hermosa Beach | 20 | $1,550,000 | $1,380,000 | 12.3% |
| Lawndale | 18 | $515,000 | $393,000 | 31.2% |
| Lomita | 11 | $599,000 | $473,000 | 26.8% |
| Long Beach | 318 | $510,000 | $490,000 | 4% |
| Manhattan Beach | 35 | $2,300,000 | $1,863,000 | 23.5% |
| Marina Del Rey | 33 | $925,000 | $955,000 | -3.1% |
| Palos Verdes Estates | 27 | $1,510,000 | $1,550,000 | -2.6% |
| Playa Del Rey | 21 | $710,000 | $658,000 | 7.9% |
| Rancho Palos Verdes | 31 | $1,108,000 | $1,088,000 | 1.8% |
| Redondo Beach | 79 | $955,000 | $900,000 | 6.1% |
| San Pedro | 55 | $550,000 | $515,000 | 6.8% |
| Torrance | 117 | $700,000 | $656,000 | 6.6% |
| Westchester | 35 | $1,015,000 | $943,000 | 7.6% |
Vista Sotheby’s International Office Locations in the South Bay
Vista Sotheby’s International Manhattan Beach
2501 N Sepulveda Blvd
Manhattan Beach, CA 90266
Office: +1310.546.7611
Vista Sotheby’s International Realty Hermosa Beach
200 Pier Avenue
Suites 305 & 306
Hermosa Beach, CA 90254
Office: +1310.546.7611
Email
Vista Sotheby’s International Realty North Manhattan
3300 Highland Ave
Manhattan Beach, CA 90266
Office: +1310.546.7561
Vista Sotheby’s International Realty Downtown Manhattan Beach
916 Manhattan Ave
Manhattan Beach, CA 90266
Office: +1310.546.7561
Vista Sotheby’s International Hollywood Riviera
1801 S Catalina
Redondo Beach, CA 90277
Office: +1310.5418271
Vista Sotheby’s International Realty Downtown Manhattan Beach

1144 Highland
Manhattan Beach, CA 90266
Office: +1310.546.7611
Vista Sotheby’s International Realty Palos Verdes Estates
16 Malaga Cove Plaza
Palos Verdes Estates, CA 90274
Office: +1310.375.0583
What is the Hillside Overlay Ordinance in the Hollywood Riviera?
By Keith Kyle
A few of the many benefits of living near the beach are the wonderful ocean views and ocean breezes that make life here so unique. These ocean views have immeasurable value from both a quality of life aspect as well as a significant monetary impact. In many of the South Bay cities these views are unprotected and it’s not rare for a home’s stunning ocean views to disappear when the one story home next door gets torn down and new and much larger home replaces it.
Home with “flags” marking outline of proposed addition[/caption]
Certain areas of Torrance are the exception. Primarily found in the Hollywood Riviera and Seaside Ranchos neighborhoods the city has incorporated much stricter building guidelines known as the “Hillside Overlay” area. (see map below)
From the Torrance city website: In 1977, the Hillside Overlay Area was established in Torrance, CA in order to address issues concerning building, remodeling, and protecting views and privacy. All new construction (meaning both new homes and expansions on current structures) are subject to review and input by neighbors including “flagging” where a mock up of the future structure are marked with plastic flags to approximate the outlines of any proposed addition to the structure prior to permit approval so that neighborhood input may be obtained.
Torrance Municipal Code Excerpt (Hillside Overlay)
The basics of the hillside overlay are as follows: Upon receipt of the complete application, the Community Development Director shall set a date, time and place for a public hearing thereon as soon as practicable and shall send notice thereof to the owners of land included within a three hundred (300) foot radius of the exterior boundaries of the land for which the permit is sought
No construction and no remodeling or enlargement of a building or structure shall be permitted unless the Planning Commission (or the City Council on appeal) shall find that the location and size of the building or structure, or the location and size of the remodeled or enlarged portions of the building or structure, have been planned and designed in such a manner as to comply with the following provisions:
a) The proposed development will not have an adverse impact upon the view, light, air and privacy of other properties in the vicinity;
b) The development has been located, planned and designed so as to cause the least intrusion on the views, light, air and privacy of other properties in the vicinity;
c) The design provides an orderly and attractive development in harmony with other properties in the vicinity;
d) The design will not have a harmful impact upon the land values and investment of other properties in the vicinity;
e) Granting such application would not be materially detrimental to the public welfare and to other properties in the vicinity;
f) The proposed development will not cause or result in an adverse cumulative impact on other properties in the vicinity.





