112 Irena Redondo Beach

Is $1.2M the New Normal for New Construction 2 on a Lot Redondo Townhomes?

***Please note that this post was from 2015 and new construction two on a lot townhomes are now generally priced over $2.1…..

By Keith Kyle

Two new Amir Amiri townhomes hit the market this week in North Redondo Beach at a fairly incredible $1,200,000 price tag.  It wasn’t long ago that we were fairly amazed to see these North Redondo Beach new construction detached townhomes near the $1.0M mark but that sounds like a bargain just 18 months later.  The most recent closed sales priced at $1.050M with the latest listings priced at $1.2M.  These two on a lot townhomes n both North and South Redondo have continually increased in value over the past 2 years and has created high demand from builders for larger lots with smaller or tear down type homes.

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 

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