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Sold Off Market in the Golden Hills – 1638 Spreckels Lane

By Keith Kyle

Sitting on a quiet one way street in the Golden Hills of Redondo Beach, this charming single level home on an oversized lot is in the Jefferson School area and only 1 block to Hermosa Beach.  This beautiful home offers original beach bungalow charm but with an expanded floorplan and updated spaces.  From the moment you see the home the curb appeal and pride of ownership is appearant with the extra large lot offering a sense of space rarely seen in the Golden Hills.  The white picket fence and grassy front yard offers real coastal charm.  Enter the home into the living room with great light, hardwood floors and a great layout perfect for entertaining.  The open kitchen offers stainless appliances, tile countertops, pantry and more.  Conveniently located 1/2 bath and laundry room sit just off of the kitchen.  Rare for the neighborhood, 1638 Spreckels offers 3 nice sized bedrooms all on one level and each feature hardwood floors, large mirrored closets and great light.  The rear of the home offers a spacious family room with cozy brick fireplace and sliders that lead directly to the backyard.  The backyard offers fruit trees and mature landscaping allowing for privacy to enjoy summer evenings and beach breezes.  Contact Redondo Beach listing agent Keith Kyle with Vista Sothey’s International for more information.

  • 3 Bedroom, 1 1/2 Bath
  • 1408 square feet
  • 4,052 foot lot
  • Built in 1952

in Communities, Golden Hills Posted by Keith Kyle
New construction townhomes

Is $1,250,000+ The New Normal for Detached New Construction Townhomes?

By Keith Kyle

There’s no doubt that this market continues to amaze.  What would have been considered unheard of a year ago is now becoming standard. Nowhere is this more clear than in new construction detached townhomes in North Redondo Beach.  See our real estate explained…two on a lot detached townhome in Redondo Beach to better understand this unique townhome style.  It wasn’t all that long ago that we were fairly surprised by these homes topping the $1,000,000 but those purchases are now looking like steals.  We kept the chart below limited to only new construction in area 151 (of North Redondo Beach) with similar square footage so this was an apples to apples comparison and the price increases are fairly amazing.  2014 priced just under $1,000,000 with 2015 prices starting near $1,060,000 and reaching $1,250,000.  Currently the only 2o16 built home (with around 2500 feet) just hit the market at a whopping $1,399,000.  While we can’t imagine they’ll get anywhere near that, it will be a great indicator as to just what these homes will sell at in 2016.

in Homes, Market Trends, New Construction, North Redondo Beach, Opinion, Townhomes Posted by Keith Kyle

Redondo Beach Median Home Prices for December 2015

By Keith Kyle

The December numbers are in and if there was any thought that the real estate market in Redondo Beach was leveling the numbers certainly say otherwise.

The average home price in Redondo Beach for the homes that closed escrow during December was $930,840 with a median price of $836,250.  Those are big numbers that still shows no sign of slowing or reversing.   See the chart below for the December home sales numbers for Redondo Beach and the South Bay for December of 2015.

City Homes
Sold		 December
2015 Median		 December
2014 Median		 Year
over Year % Change
Carson  73 $360,000 $365,000 -1.4%
El Segundo 10 $949,000 $735,000 20.2
Gardena 41 $420,000 $385,000 9.1%
Harbor City 15 $483,000 $467,000 9.1%
Hawthorne 35 $508,500 $667,750 -23.8%
Hermosa Beach 24 $1,475,000 $1,360,000 8.5%
Lawndale 13 $420,000 $415,000 1.2%
Lomita 16 $520,000 $490,000 6.1%
Long Beach 339 $456,000 $395,000 15.4%
Manhattan Beach 34 $2,184,000 $1,689,000 29.3%
Marina Del Rey 31 $905,000 $759,000 19.2%
Palos Verdes Estates 29 $1,456,000 $1,150,000 26.7%
Playa Del Rey 17 $605,000 $482,000 25.5%
Rancho Palos Verdes 48 $1,170,000 $1,135,000 3.1%
Redondo Beach 89 $836,250 $770,000 7.3%
San Pedro 72 $517,500 $492,000 5.2%
Torrance 133 $597,000 $562,000 6.3%
Westchester 34 $951,000 $807,500 17.8%
in Market Trends, Redondo Beach Real Estate, South Redondo Beach Posted by Keith Kyle
Redondo Beach foreclosures

Only 2 Active Foreclosure Listings in All of Redondo Beach

By Keith KyleRedondo Beach foreclosures

The distressed home and foreclosure market was never a major factor in the Beach Cities as the coastal communities were always buffered a bit from the huge price drops after the real estate bubble burst.  Some of the outlying South Bay communities did see a large increase in bank owned homes and short sales but the closer the community was to the ocean, the less impact we tended to see.

That being said there were still a healthy (or unhealthy depending on what side of the process you were involved with) number of distressed homes for several years, but that’s virtually come to a trickle.  From a high of 130 active foreclosure listings back in 2010, which does not include the number of homes in default, to only 2 active foreclosures in Hermosa, Redondo and Manhattan Beach combined.  Hermosa Beach and Manhattan Beach were always very limited in the distressed market with the bulk of the foreclosure listings being in Redondo Beach.

in Foreclosures, South Redondo Beach Posted by Keith Kyle

September Home Sales in Redondo Beach and Beyond

By Keith Kyle

Redondo Beach saw an impressive number of homes selling in September of 2015 to end the summer selling season with 97 closed escrows.  In addition the median home price in Redondo was $875,000 which shows significant gains in value over the past year.  The market was hot throughout Redondo Beach with homes in both North and South Redondo often selling quickly and with multiple offers.  Click here to see all of the homes sold in Redondo Beach in September of 2015.

City Homes
Sold		 September
2015 Median		 September
2014 Median		 Year
over Year % Change
Carson 49 $406,000 $366,000 10.8%
El Segundo 9 $1,045,000 $517,000 76%
Gardena 33 $440,000 365,000 20.5%
Harbor City 18 $514,500 $462,500 11.2%
Hawthorne 27 $513,000 $550,000 -6.7%
Hermosa Beach 20 $1,200,000 $1,020,000 17.7%
Lawndale 13 $450,000 $379,000 18.6%
Lomita 15 $580,000 $570,000 1.8%
Long Beach 390 $435,000 $420,000 3.7%
Manhattan Beach 39 $2,050,000 $2,025,000 1.2%
Marina Del Rey 29 $865,000 $817,000 5.9%
Palos Verdes Estates 35 $1550,000 $1575,000 -1.6%
Playa Del Rey 18 $542,000 $534,000 1.6%
Rancho Palos Verdes 49 $1,040,000 $1,058,000 -1.7%
Redondo Beach 97 $875,000 $790,000 10.8%
San Pedro 69 $442,000 $459,000 -3.6%
Torrance 135 $585,000 $527,00 10.9%
Westchester 26 $908,000 $872,000 4.1%
in Market Trends, North Redondo Beach, South Redondo Beach Posted by Keith Kyle

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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

Phone:

310.251.2344

E-mail:

keith.kyle@vistasir.com

CONTACT AGENT

DRE#01712785

keith kyle

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Redondo Beach Real Estate & Homes. All rights reserved. Information deemed reliable but not guaranteed

Keith Kyle – Licensed Realtor – Vista Sothebys International Realty – DRE#01712785

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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.