real estate chart

The Number of Redondo Beach Homes for Sale on the Rise

For the past few months the number of active listings in Redondo Beach has been on the rise.  With the smalle exception of March we’ve seen an increase in the number of homes for sale every month since December 2023.

The number of active listings each month were:

  • December – 51 homes for sale
  • January – 61 homes for sale
  • February –  66 homes for sale
  • March –  65 homes for sale
  • April –  78 homes for sale
  • May –  81 homes for sale
  • June – 99 homes for sale
  • July – 107 homes for sale
  • August – 116 homes for sale
  • September – 118 homes for sale
The Village ocean view condos

Oceanview Condo Lists in The Village in South Redondo

Oceanview condo in The Village hits the market

610 The Village #215, Redondo Beach, CA 90277

$875,000

The newest condo for sale in the Seacape and Village buildings is a single level ocean view condo located at 610 The Village #215.  

The unit has been nicely updated with remodeled kitchen and bathroom.  The bathroom tub has been removed with a larger step in shower and new tile and glass walls and door.

Kitchen has been updated with white cabinetry, stainless appliances, white brick backsplash and quartz countertops.

The Village is one of  our favorite complexes with resort style amenities, beautiful grounds, an ideal location and low HOA dues.

610 The Village #215 Basics

The Village Redondo Beach condos signage
  • 1 bedrooms
  • 1 bathrooms
  • 619 Sq Feet* (BTV)
  • Some ocean view
  • Built 1974
  • $318 monthly HOA dues
  • 2 subterranean  parking spots
  • Listed at  $875,000
  • Listed by Mario Chavez – Century 21 Union Realty – 310-371-6330
Contact Redondo realtor Keith Kyle with Vista Sotheby’s International to request more info

610 The Village #215, Redondo Beach, CA 90277 – Listed at $875,000

Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

So What’s A 3 on a Lot Townhome? Redondo Explained

One of the relatively unique home options in Redondo Beach is what realtors call a “3 on a lot”.

One of the property types fairly unique to Redondo Beach is the “3 on a lot” townhome. When most buyers, especially those coming from out of the area, think of a townhome they picture endless rows of identical looking houses. Many buyers reach out to me looking for a single family home in the area, but unfortunately, can’t always afford single family homes in Redondo Beach. I often recommend that they consider a townhome as they’ll generally get nicer, newer, larger and better location for a lower price. Most of the time this idea is quickly rejected but once I show them the concept of a “two on a lot” or “three on a lot” they become far more interested. A great number of the lots in North Redondo are fairly large for the area at 50×150. These lots originally had some type of bungalow or duplex built in the 50s and many were long ago sold and knocked down. Due to zoning rules in Redondo Beach, what replaced them were most often townhomes.   A “3 on a lot” townhome is a building in which 3 units share the lot.

Front townhome 3 on a lot townhomes Backyard of a 3 on a lot townhome

These 3 on a lot townhomes are always connected, unlike some 2 on a lot situation, with shared walls between the front unit and middle, and back unit and middle. The most common details of the units are:

  • Front Unit – usually has some type of front yard that, while technically often “common use” areas, they are generally used only by the front owner. The units often have square footage of 1700-1900, 3 bed, 2 1/2 bath, at least one balcony, attached garage and one shared wall (garage below and often living room above. Most often there are two bedrooms and 1 bath downstairs, with the master bedroom, living room and kitchen upstairs. These units are often the brightest but also front the street.
  • Middle Unit – The middle unit is often the least expensive of the three units due to the multiple shared walls and no yard. Square footage is often between 1700-2000 square feet and either has the same configuration as above, or often times has 4 bedrooms with 2 downstairs, master upstairs and a very small 4th bedroom upstairs. Living room is often smaller in the middle unit.
  • Rear Unit – Usually the most expensive as they almost always have some type of private yard in back. Configuration is often the same as the front unit, but usually some type of sliding doors/French doors from one or both of the downstairs bedrooms accessing the backyard.

One aspect that many buyers find difficult to accept is the fact that there is an HOA. Unlike large complexes with management companies, HOA board meetings etc., the HOA on a 3 on a lot can be very low key and sometimes not even active. As the 3 owners collectively own a portion of the land, the HOA cannot be dissolved but in many cases it is inactive. In general they are informal affairs with the minimal HOA fees (often around $175 a month) covering landscaping and shared insurance and each owner covering maintenance, and other items separately. As with any property not wholly owned there are possible challenges and frustrations as owners (just like neighbors) don’t always see eye to eye on fixes, repairs like termite work, roof fixes, etc. Overall the benefit of the townhouse concept is that the same price that may purchase a 1100 foot 2 or 3 bed 1 bath house in need of work, can purchase a 1800 foot 3 bedroom 3 bath townhome that’s far newer. Real estate purchases almost always involve compromises and priorities and depending on just what’s important to a buyer in Redondo Beach, a 3 on a lot townhome might be an ideal fit.

Oceanfront Home in the Hollywood Riviera the Top Sale of June

517 Paseo De La Playa, Redondo Beach CA 90277

oceanfront home the top sale of the month at $7,050,000

One of the more notable sales we wanted to mention was an oceanfront single family that just recently sold in the Hollywood Riviera. Without question, the homes on the west side of Paseo De La Playa are unlike anything in all of the South Bay and Southern California.  The homes offer unblockable panoramic views from Catalina to Malibu and unlike some other beachfront homes they have incredible coastline views meaning evening and night views are spectacular as well.   The oceanfront lots are huge…..extending all the way to the beach.  The homes have privacy that’s impossible along the Esplanade or the Strand in Hermosa and Manhattan and its not nearly as far out as some of the oceanfront homes in Palos Verdes. Listed by Christina Schlank of Vista Sotheby’s 517 Paseo De La Playa was one of the best homes on the best street.  Incredible indoor and outdoor spaces in a luxurious but casual beach home.  Views were endless. This home was built in 1962 but underwent an almost total remodel in 2010 and still looks and feels lke a new home. The home last sold for $5,920,000 in 2017. The previous owner had been Larry Miller of Sit and Sleep and “your mattress is freeeeee!” fame.
Ocean and coastline views on Paseo De La Playa

517 Paseo De La Playa Basics

  • 5 bedrooms
  • 4 bathrooms
  • 3.058 square feet
  • 22,289 sq foot lot oceanfront lot extending to the beach
  • Built in 1952 extensively remodeled in 2010
  • Listed by Christina Schlank – Vista Sotheby’s International Realty -310-977-5074
  • Listed at $6,750,000 and sold at $7,050,000

Contact Hollywood Riviera real estate specialist Keith Kyle with Vista Sotheby’s International for more information or to schedule a private tour.

517 Paseo De La Playa –  Sold at $7,050,000

Hollywood Riviera homes

See the Hollywood Riviera Homes that Sold in April

Take a look below at the Hollywood Riviera homes that sold during the month of April 2022.

The activity level was impressive yet again with 13 on market home sales during the month compared with 10 in March and only 4 during February.  The average “list” price was a pretty massive $1,810,385 with the average sold price at $1,943,538 meaning that, in general, homes sold WAY above the original list price. The average price per foot was $1010 and median days on market was a very brief 8 days before going into pending status.  The average days on market was 8.  See how this compares to other months on our Hollywood Riviera real estate trends and statistics page.

Although it’s a bit hard to believe….just as in March the top home sale of the month was a luxury townhome located at 1903 Camino De La Costa, this time the rear #C unit that sold for an amazing $3,199,000.

April 2022 Hollywood Riviera Home Sales and Prices

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Built
TWNHS/A 169 Calle Mayor $1,277,000 $910.19 2/1,1,1,0 1403/A 1977/ASR
TWNHS/A 425 Camino De Las Colinas $1,420,000 $906.77 2/2,0,1,0 1566/A 1978/ASR
SFR/D 4932 Newton ST $1,483,000 $755.86 4/4,0,1,0 1962/A 1954/ASR
SFR/D 4141 Mesa ST $1,750,000 $609.97 4/3,0,0,0 2869/A 1978/ASR
SFR/D 432 Via La Soledad $1,850,000 $1,233.33 3/0,2,0,0 1500/E 1954/ASR
SFR/D 4439 Newton ST $1,910,000 $1,032.43 3/2,0,1,0 1850/S 1954/ASR
SFR/D 4327 Vista Largo $1,920,000 $924.86 4/2,0,1,0 2076/A 1965/ASR
SFR/D 260 Paseo De Gracia $1,940,000 $1,139.17 3/1,1,0,0 1703/A 1949/ASR
SFR/D 222 Calle De Arboles $2,050,000 $1,205.88 3/1,1,0,0 1700/A 1954/ASR
SFR/D 5422 Riviera Way $2,110,000 $922.61 5/2,0,0,0 2287/A 1954/PUB
SFR/D 316 Via Linda Vista $2,112,000 $1,078.65 3/2,0,0,0 1958/A 1950/ASR
SFR/D 237 Via Pasqual $2,245,000 $1,356.50 3/2,0,0,0 1655/A 1954/ASR
TWNHS/A 1903 Camino De La Costa #C $3,199,000 $1,066.33 4/4,0,1,0 3000/E 2021/BLD

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Vista Sotheby's International

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

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

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keith.kyle@vistasir.com

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keith kyle

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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.