Now That’s a Big Number – North Redondo Townhome Sells at $1,290,000

By Keith Kyle

We are used to seeing big sales prices and rapidly rising values but the recent sale at 1800 Pullman Lane set the bar even higher.  1800 Pullman is a beautiful detached townhome that feels much more like a single family home as it sits on a corner lot which allows for the “fronts” of the 2 townhomes to be on different streets.  In addition the townhome was very large at over 3200 feet, but almost $1.3M for a townhome in North Redondo is still pretty hard to believe.

Status: Closed Sale
ML#:   SB14221719 
APN:   4161004013 
Orig. List Price:   $1,398,000 
Price Per Sqft:   $401.49 
County:   Los Angeles 
Property Type:   Townhouse (D) 
Bedrooms:   5 
Bath(F,T,H,Q):  4,0,0,0 
Sqft (Src):   3,213 (Builder’s Data) 
Ac/LotSqft (Src):   0.172/7,500 (B)  
A/C: No 

See all of the recent home sales in Redondo Beach, CA

Recent Home Sales in South Redondo Beach CA

By Keith Kyle

January saw 20 home sales in South Redondo Beach which is relatively typical of this time of year.  Due to the holidays many homes are either pulled from the market or don’t sell in December, keeping the sales number down.   The lowest priced home sold, a 2 bedroom condo in Brookside Village, sold for $417,000 with the highest sale of the montha 1929 built, but restored and updated, single family home on Avenue A.  To see home sales in other areas of Redondo Beach, other cities, or other months, visit our South Bay home sales information page.  The inventory has gone up slightly and you can view the current homes for sale in South Redondo Beach on our updated MLS and current listings page.

MLS# Type Address Price Br/Ba YrBuilt Sqft DaysOn Mrkt
SB14132888 TWNHS/A 211 S Helberta AV #7 $650,000 2/2,0,0,0 1986/ASR 1352/A 151/266
SB14241062 SFR/D 216 N PROSPECT $850,000 3/1,0,0,0 1947/ASR 1145/A
SB14208363 SFR/D 106 S Helberta AV $870,000 1/1,0,0,0 1925/ASR 555/A 94/94
SB14247818 SFR/D 714 Vincent Park $1,015,000 4/3,0,0,0 1920/ASR 1630/A
SR14252360 TWNHS/A 237 S Irena AV #C $1,227,500 4/3,0,0,0 2009/ASR 2540/A 14/14
SB14138775 TWNHS/D 203 S Prospect #A $1,286,219 3/3,0,1,0 2014/BLD 2700/A 197/197
SB14141369 CONDO/A 826 Camino Real #202 $417,500 2/2,0,0,0 1970/ASR 949/A 158/158
SB14255990 CONDO/A 830 Camino Real #204 $531,000 3/2,0,0,0 1970/ASR 1290/A 24/24
SB14143912 TWNHS/A 410 Avenue G #38 $655,000 3/2,0,1,0 1987/SLR 1449/A 116/116
PV14259901 TWNHS/D 1800 S Pacific Coast HY #85 $689,000 3/1,1,1,0 2001/ASR 1500/E 19/19
SB14245206 TWNHS/D 926 S Pacific Coast HY #B $874,900 3/3,0,1,0 2007/ASR 2186/A 53/93
SB15004687 SFR/D 408 S Francisca AV $1,050,000 3/1,0,0,0 1912/EST 1636/A
SB14257432 SFR/D 632 S Gertruda AV $1,250,000 4/2,0,0,0 1948/ASR 1764/A 28/28
PV14216456 SFR/D 559 Avenue A $1,415,000 4/3,0,0,0 1929/ASR 2628/A 93/93
SB14215576 CONDO/A 640 The Village #215 $449,000 1/1,0,0,0 1974/ASR 619/A 99/99
SB14195713 CONDO/A 1400 S Catalina #308 $585,000 2/1,1,0,0 1971/ASR 1080/A 122/122
SB15008687 CONDO/A 210 The Village #304 $682,500 2/2,0,0,0 1978/ASR 1136/A 0/193
SB14233951 CONDO/A 110 The Village #204 $715,000 2/2,0,0,0 1980/ASR 1434/A 15/15
SB14215374 TWNHS/A 206 Ruby ST $765,000 2/2,0,0,0 1977/ASR 1450/A 97/97
SB14252332 SFR/D 204 Knob Hill AV $1,399,000 5/2,0,0,0 1922/ASR 2278/A 14/14

Redondo Beach September 2014 Home Prices

The real estate market continued to show strong numbers in Redondo Beach CA with 88 home sales and a median home price of $785,000.  Housing inventory remained low and demand continued to be strong in Redondo.

City Homes
Sold
September
2014 Median
September
2013 Median
Year
over Year % Change
Carson 38 $363,000 $360,000 0.83%
El Segundo 9 $526,250 $730,000 -27.91%
Gardena 34 $365,000 $352,500 3.55%
Harbor City 13 $465,000 $375,000 24.00%
Hawthorne 35 $495,000 $473,500 4.54%
Hermosa Beach 17 $1,020,000 $1,032,500 -1.21%
Lawndale $400,000 $432,500 -7.51%
Lomita 8 $522,750 $430,000 21.57%
Long Beach 314 $420,000 $388,500 8.11%
Manhattan Beach 32 $1,950,000 $1,675,000 16.42%
Marina Del Rey 31 $797,000 $848,000 <-6.01%
Palos Verdes Estates 34 $1,575,000 $1,306,000 20.60%
Playa Del Rey 24 $534,050 $467,000 14.36%
Rancho Palos Verdes 51 $1,038,000 $1,053,000 -1.42%
Redondo Beach 88 $785,000 $750,000 4.67%
San Pedro 56 $448,250 $430,000 4.24%
Torrance 117 $530,000 $525,000 0.95%
Westchester 34 $869,000 $724,000 20.03%
Redondo Beach Hollywood Riviera

Why Homes are More Expensive in South Redondo than North Redondo Beach

Why South Redondo Homes Cost More than North Redondo Homes

For buyers (and sometimes even sellers) unfamiliar with the differences in local market in the South Bay, Redondo Beach is just one single real estate market.  In reality the differences between neighborhoods can be significant and home values and prices show a clear distinction between similar homes in North Redondo and South Redondo.    The city has a number of distinctive neighborhoods but the main sections are broken into North and South and the dividing line is basically 190th Street.  North Redondo is quite a bit less expensive due to the location as it sits behind Hermosa and Manhattan Beach so there are no homes with ocean views and the feel of the area is different as it’s not along the water.  South Redondo ends at the beach and the ocean to the west and has a unique beach charm and homes often have great views.  The recent listings and sales of very similar homes, both in terms of style, layout, size and new construction, make clear the differences in values.

Below is a map showing the general layout, location and dividing lines between north and south Redondo Beach

 Areas 151-154 are North Redondo and 155-157 are South Redondo

Redondo Beach real estate map

February 2014 Home Sales in Redondo Beach and the South Bay

By Keith Kyle

With inventory remaining low throughout most of the South Bay, the volume of sales continued to be lower than normal, but certainly not due to a lack of demand. Prices continued to rise with multiple offers on many appropriately priced homes and days on market remaining very low. Click on any city below to see the homes sales and prices for February 2014

February 2014 Home Sales

Torrance townhomes for sale

Is $1.0M the New Price Point For New Construction Townhomes?

By Keith Kyle

With prices rising rapidly in North Redondo Beach, the bar has now apparently been set for new construction 2 on a lot townhomes.  With the recent sales of all 4 units at 2016 and 2018 Gates, all priced at $999,000 the pricing for new construction 4 bedroom townhomes appears to be something unheard of in the past for this neighborhood.  The homes are certainly well done with high end finishes, square footage between 2400 and 2500 square feet, and each having small yards but the general consensus is that hitting the $1.0M price is a very big number for North Redondo townhomes.  Known in the area as “2 on a lot” townhomes they feel more like single family homes than townhomes.  They are completely detached, have direct garage access and private yards.   The property is shared among the 2 owners that comprise of the HOA.  In most cases the agreement between owners is pretty informal and often only insurance and landscaping are shared costs.  Contact us for information on these wonderful alternatives to single family homes or fill in our free listing update form to receive new listings daily.  See below for all of the 2013/14 sales of these 2 on a lot new construction townhomes.

Pending 2018 Gates AV #A  $            999,000 4/3,0,1,0 2508
Pending 2016 Gates AV #B  $            999,000 4/3,0,1,0 2400
Pending 2322 Carnegie LN   $            849,000 4/3,0,0,0 2126
Pending 2016 Gates AV #A  $            999,000 4/4,0,1,0 2400
Pending 1702 Phelan LN   $            819,000 4/2,1,1,0 2110
Sold 2018 Gates AV #B  $            999,000 4/3,0,1,0 2508
Sold 2017 Huntington LN #B  $            984,000 4/3,0,1,0 2612
Sold 2017 Huntington LN #A  $            992,000 4/3,0,1,0 2612

 

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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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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.