Panoramic ocean view homes in Hermosa Beach can be difficult to come by, but the Seaview Villas complex in North Hermosa definitely offers views from Palos Verdes to Malibu. Click here for information on Seaview Villas condos for sale in Hermosa Beach. As of November 9th, there is a new listing on the market and information is below. Please contact us for a private showing or more information.
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Although this home has seemingly been on the market with little flexibility on the part of the sellers in terms of viewing the home or price, it’s still certainly worth mentioning as this is such a unique property. Located in the Ocean Plaza building, most condos are on the side of the building with nice views, but nothing like this. Contact Redondo Beach realtor, Keith Kyle, for more information.
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When people envision living in Redondo Beach, they most often see themselves living oceanfront. While the neighboring cities of Hermosa and Manhattan Beach have oceanfront homes on The Strand, most buyers are quickly priced out as those homes generally start in the mid $4.0M. Not so in Redondo Beach with an abundance of oceanfront and ocean view condo options. Ranging from studios to true oceanfront estates, Redondo has options for just about everyone.
Search the current condos for sale on the Esplanade in Redondo Beach
While we have been buffered a bit from the distressed home market, foreclosures and short sales are still an active part of the Hermosa Beach real estate market. Not surprisingly foreclosures and short sales in Hermosa Beach over the past 12 months have consisted primarily of condos. Why is this? From my experience there are several factors.
Below is a list of the current “foreclosure” listings in Hermosa Beach.
Of the 5 current “distressed” homes for sale in Hermosa Beach, 4 of them are condominiums with the other being a townhome.
While much of the South Bay has been somewhat immune to the wave of foreclosures and short sales that have been so prevalent in much of Southern California, unfortunately the townhomes of Fusion South Bay haven’t been so lucky. Of the 6 homes that are on the market, or currently in escrow, 5 are either short sales or bank owned which is an unheard of ratio in the area.
| ML# | Status | Address | Price | Br/Ba | Year | Sqft | Type | |
| P831850 | Active | 5403 | 149TH PL #3 | $ 364,900 | 2/3.00 | 2007/ASR | 1410 | REO |
| V12041598 | Pending | 5412 | 149th PL #7 | $ 345,000 | 2/2.00 | 2007/ASR | 800 | Short Pay |
| V12063595 | Pending | 5511 | 149th PL #7 | $ 348,100 | 2/2.00 | 2006/ASR | 800 | Short Pay |
| S12090059 | Pending | 5506 | 149th PL #8 | $ 385,000 | 2/2.00 | 2007/ASR | 1067 | Short Pay |
| S12055041 | Pending | 5404 | 149th PL #12 | $ 499,900 | 3/3.00 | 2008/BLD | 1790 | Standard |
So why is Fusion impacted so much more than surrounding areas. Unfortunately it’s the perfect storm for foreclosures and is due to a number of factors.
Fusion is a great option for buyers looking to be near the beach, with good schools, in a gated community and very new construction for the area. Prices are now favoring buyers looking to get in at the right time. Unfortunately there are 2 sides to every issue and as I’ve sold numerous Fusion condos to some wonderful people, the “great deal” that Fusion has now become isn’t so great for everyone.
By Keith Kyle
Life in the Beach Cities of Manhattan Beach, Hermosa Beach and Redondo Beach has it all…..wonderful weather, great neighborhoods, proximity to the beach, award winning schools and more. Along with all of the wonderful aspects comes a lofty price tag as the demand for homes in the area, even in today’s market, remains high. The most affordable area in the Beach Cities is known as North Redondo. Redondo Beach is broken into the two main areas of North and South Redondo and the dividing line is generally along 190th Street. What makes the area more affordable is the abundance of different types of housing options not found as frequently as in other nearby areas. Home options range from single family homes on oversize lots, to a multitude of townhome options, to various condominum complexes.
View current North Redondo Listings
Keith Kyle, with Vista Sotheby’s International, specializes in fine north Redondo Beach properties. Let us be your Golden Hills, Golden Triangle and TRW tract realtors and experience our impeccable service, knowlege of Redondo Beach and Torrance, and the South Bay.
Ideally located just east of Manhattan Beach and Hermosa Beach, the areas of North Redondo Beach offer more affordable housing options than it’s neighbors to the west while still offering excellent schools, proximity to the beach, and charming neighborhoods.
Located along some of Southern California’s finest beaches, Redondo Beach has something to offer everyone. Bordered by the Palos Verdes Peninsula to the south, Hermosa Beach to the north, and Torrance to the east, Redondo Beach offers great schools, proximity to the beach, and an abundance of activities. Some highlights include ocean activities and dining at King Harbor, great shopping in the Riviera Village, the Redondo Beach pier, and nature walks at Wilderness Park.
