Redondo Beach is one of the larger South Bay cities and offers some great opportunities for the real estate investor. With a healthy amount of duplexes, triplexes and smaller apartment buildings there might be just what you are looking for.
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may 2022 market report - Redondo Beach home prices Average $1,685,000
Take a look below at the homes that sold in Redondo Beach during the month of May 2022.
The activity level was solid but slower with with 60 home sales during the month compared with 76 in April.
The average “list” price was a pretty massive $1,567,867 with the average sold price at $1,685,169 meaning that, in general, homes sold WAY above the original list price.
The average price per foot was $935 and average days on market was a very brief 11 days before going into pending status.
Welcome to the homes and real estate in North Redondo Beach California. The 90278 zip code consists of everything north of 190th Street which just about cuts Redondo in half. Below that is South Redondo.
North Redondo Beach offers an abundance of housing options and at more affordable prices than in the 90277 area. That’s primarily due to it being a bit further from the beach and zoning making for more townhomes and apartments.
North Redondo is just east of both Manhattan Beach and Hermosa Beach so unlike South Redondo, this part of town does not extend to the beach.
Search the currrent north Redondo Beach 90278 Homes for sale
Search North Redondo Homes by Map
If you’re looking for homes for sale in specific areas of North Redondo Beach you can click on the colored sections of the interactive real estate map below to see the homes for sale in only those specific parts of the community.
This is an impossible to duplicate property with the incredible combination of oceanfront location, huge 1.4 acre (we don’t generally talk in acres in the South Bay) lot that extends to the sand below and two homes making it a true showcase estate. There’s nothing else like it on the South Bay.
The property actually consists of 2 distinct homes….the main home with 5
421 Paseo De La Playa
bedrooms and 8 total baths, and the “guest” home with 5 bedrooms and 7 total baths. Both homes are high on the bluff with unbeatable and unblockable ocean, PV and coastline views. The properties have stairs down to the beach below which is also a challenge to duplicate due to very restrictive California Coastal Commision restrictions.
The property was actually on the market back in 2020 and 2021 first at $27.0M and then at $23M but never sold. They also tried to sell the properties separately.
Vista Sotheby’s International Realty, with offices in Redondo Beach and the South Bay, just reported surpassing $1,000,000,000 (that’s 1 billion!) in sales already for 2022. This is a record breaking timeframe. Congratulations to the very hard working agents of Vista Sotheby’s International Realty.
