Redondo Beach homes for sale and real estate > Articles by: Keith Kyle

Author: Keith Kyle

Keith Kyle is a top real estate professional in Redondo Beach, Hermosa Beach, Torrance and Manhattan Beach with South Bay Brokers. He specializes in working with first time buyers and sellers of fine Redondo Beach properties. Keith has been a top realtor in Redondo since 2007 and his extensive local market knowledge as well as his marketing expertise has helped clients throughout Redondo Beach
Redondo Beach foreclosures

Only 2 Active Foreclosure Listings in All of Redondo Beach

By Keith KyleRedondo Beach foreclosures

The distressed home and foreclosure market was never a major factor in the Beach Cities as the coastal communities were always buffered a bit from the huge price drops after the real estate bubble burst.  Some of the outlying South Bay communities did see a large increase in bank owned homes and short sales but the closer the community was to the ocean, the less impact we tended to see.

That being said there were still a healthy (or unhealthy depending on what side of the process you were involved with) number of distressed homes for several years, but that’s virtually come to a trickle.  From a high of 130 active foreclosure listings back in 2010, which does not include the number of homes in default, to only 2 active foreclosures in Hermosa, Redondo and Manhattan Beach combined.  Hermosa Beach and Manhattan Beach were always very limited in the distressed market with the bulk of the foreclosure listings being in Redondo Beach.

in Foreclosures, South Redondo Beach Posted by Keith Kyle
Hermosa Christmas tree

Holidays in Redondo – Riviera Village Holiday Stroll 2015

One of the great aspects of life in the South Bay is the sense of communitycharming shopping and dining area of Riviera Village thebeach cities offer.  One of the best times of the year to enjoy that community is the holiday season with each city having numerous events and festivities.  On December 3rd from 5-9pm is the always fun and cheerful Riviera Village holiday stroll.

Riviera Village is already a charming shopping and  dining area that is
pedestrian friendly with a variety of places to choose from.  For the holiday stroll, Catalina Avenue is shut down to car traffic and turned into a pedestrian only festival, making it a safe and fun way to start the holidays.

The Holiday Parade down Catalina Ave. steps off at 6 pm and features local bands, scout troops, dance groups, and some Redondo Beach dignitaries.

Riviera Village offers a wonderful holiday atmosphere with carolers and music, twinkling lights, horse drawn carriage, decorations and in years past has even seen a bit of snow!

Catalina Avenue will be closed to traffic from Avenue I to Elena Avenue from 5 to 9 p.m. to facilitate the happy shoppers.

 

 

in Communities, Hollywood Riviera, Just for Fun, Local News Posted by Keith Kyle
Breakwater Village 55+ condos in Redondo Beach

September 2015 Home Sales in Redondo Beach and Beyond

By Keith Kyle

Redondo Beach saw an impressive number of homes selling in September of 2015 to end the summer selling season with 97 closed escrows.  In addition the median home price in Redondo was $875,000 which shows significant gains in value over the past year.  The market was hot throughout Redondo Beach with homes in both North and South Redondo often selling quickly and with multiple offers.

City Homes
Sold		 September
2015 Median		 September
2014 Median		 Year
over Year % Change
Carson 49 $406,000 $366,000 10.8%
El Segundo 9 $1,045,000 $517,000 76%
Gardena 33 $440,000 365,000 20.5%
Harbor City 18 $514,500 $462,500 11.2%
Hawthorne 27 $513,000 $550,000 -6.7%
Hermosa Beach 20 $1,200,000 $1,020,000 17.7%
Lawndale 13 $450,000 $379,000 18.6%
Lomita 15 $580,000 $570,000 1.8%
Long Beach 390 $435,000 $420,000 3.7%
Manhattan Beach 39 $2,050,000 $2,025,000 1.2%
Marina Del Rey 29 $865,000 $817,000 5.9%
Palos Verdes Estates 35 $1550,000 $1575,000 -1.6%
Playa Del Rey 18 $542,000 $534,000 1.6%
Rancho Palos Verdes 49 $1,040,000 $1,058,000 -1.7%
Redondo Beach 97 $875,000 $790,000 10.8%
San Pedro 69 $442,000 $459,000 -3.6%
Torrance 135 $585,000 $527,00 10.9%
Westchester 26 $908,000 $872,000 4.1%
in Market Trends, North Redondo Beach, South Redondo Beach Posted by Keith Kyle
Gated community of Fusion South Bay

It’s a Frenzy in Fusion South Bay Real Estate Market

By Keith Kyle

**please note that this post was from 2015**

The torrid home market in Fusion South Bay continues to amaze with any new listing being quickly snatched up and almost all of the recent sales having multiple offers and selling for well over the asking price.  Since the beginning of October there have been 3 closed sales with my “A” unit listing listed at $530,000 and selling for $547,000, a “B” unit listed at $519,000 and closing at $545,000 and a “D” model with no upgrades listed at $585,000 and selling at $611,000.  Those are fairly astounding numbers and the trend shows no sign of slowing down.  Currently there are 5 units in escrow and all scheduled to close at very large and above previous peak numbers.  What makes Fusion townhomes so highly sought after is the combination of affordability for the location (just east of Manhattan Beach, gated community living, recent construction (2006 and 2007) and all of the features that come along with it, and the highly rated Wiseburn School District.

 

in Fusion South Bay, Gated Communities, Hawthorne, Hollyglen and Del Aire Posted by Keith Kyle
1500 Esplanade Redondo Beach

1500 Esplanade Oceanfront Condos Now on the MLS

By Keith Kyle

1500 Esplanade Redondo Beach CA

**Update – This post was from 2015 and these original builder homes have sold**

For months now we’ve seen the construction happening at 1500 Esplanade.  These oceanview condos are ideally located on the Esplanade with stunning views stretching from Palos Verdes and Catalina to Malibu. Sitting on the east side of the Esplanade, they offer unblocked and unblockable views.   Realtors and buyers were eagerly awaiting the final product but unfortunately the developer had decided that he would only deal directly with buyers and did not want buyers to have their own representation.  While several units are already sold, that strategy has taken an obvious turn as 4 of these condos are now active on the local MLS.  The units range between 3000 ft and 32oo feet and offer either 3 bed/3 bath or 4 bed 3.5 bath.  Currently the units are priced at $4,000,000.  Contact us for more information or to set up a showing of these beautiful homes.

in Beach Front Homes, Condominiums, South Redondo Beach, The Esplanade oceanfront homes Posted by Keith Kyle
Gated community of Fusion South Bay

New Listing in Fusion South Bay – Upgraded “A” Condo

**Please note that this is an older post and this condo sold in 2015.  Click here to see the latest homes for sale in the gated community of Fusion South Bay

Coming to the market in early November, this beautifully updated condo offers theGated community of Fusion South Bay 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 – Top Producer, Realtor
Vista Sotheby’s International Realty
www.KeithKyleHomes.com
2501 N Sepulveda, Manhattan Beach CA 90266

 

in Fusion South Bay, Gated Communities, Hollyglen and Del Aire, Listing, Pocket Listings, Townhomes Posted by Keith Kyle

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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

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

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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.