June 6th and 7th – Big Weekend for Redondo Beach Open Houses

By Keith Kyle

If you’re in the market for a home in Redondo Beach or just curious to see what some homes look like, there are an abundance of open houses for this coming weekend.  If you’re seeing this after June 6th or 7th visit our updated South Bay open houses page.  There are plenty of homes to see in both North Redondo Beach and South Redondo Beach ranging from Brookside Village condos to oceanfront homes along the Esplanade.

Days Hours Address Details Price
Sat/ Sun 1-4pm 645 S. Prospect #204 3 BD, 1.75 BA, Corner, End Unit $579,000
Sun 1-4pm 2503 Vanderbilt Ln. #1 3 BD, 2 BA, 1,290 SF, Detached 3-On-Lot $585,000
Sun 1-4pm 2510 Voorhees Ave. #7 2 BD, 2 BA townhomes $599,000
Sat/ Sun 1-4pm 250 The Village #213 1 BD, 1 BA, 910 SF Condo near the beach $619,000
Sat 1-4pm 1611 Lomax Ln. 2 BD, 1 BA, Beach Home with city views $719,000
Sun 1-4pm 2307 Rindge Ln. 4 BD, 2.5 BA, 2,300 SF, New Listing $799,000
Sat/ Sun 1-4pm 307 S. Prospect 3 BD, 1.5 BA, New Listing $849,000
Sat/ Sun 1-4pm 1714 Stanford Ave. 4 BD, 2 BA, recently remodeled $850,000
Sat/ Sun 1-4pm 1733 Spreckels Ln. 3 BD, 2.5 BA, Yard & Spa $969,500
Sat 12-2pm 2411 Gates Ave. Duplex! 2- 2 BD + 1 BA Units, 1,586 SF, 7,499
SF Lot, Grass Space
$999,000
Sat/ Sun 1-4pm 309 Emerald #A 3 BD, 2.5 BA, End Unit $1,050,000
Sun 2-4pm 712 S. Broadway #A Ocean close Townhome, 3 BD, 2.5 BA, 2 Blks 2 Bch $1,099,000
Sat 1-4pm 1609 Ripley Ave. 5 BD, 3.5 BA, Dual Living Spaces $1,249,000
Sat/ Sun 1-4pm 239 N. Irena Ave. #B 4 BD, 3.5 BA, New Construction $1,369,000
Sat 2-4pm 2201 Bataan Updated 5 BD, 4 BA, SFR, Corner Lot $1,379,000
Sat 2-4pm 411 Avenue F 6 BD, 4 BA, 3,800 SF, Ocean Views $1,699,000
Sat 2-4pm 1906 Rockefeller 4-Unit Bldg, Each 2 BD + 1.5 BA, Remodeled $1,899,000
Sun 2-4pm 1913 Gates Ave. 4 BD, 3.5 BA, Office, High-Tech, Huge Yard $2,200,000
Sat/ Sun 1-4pm 737 S. Juanita 4 BD, 4 BA, Mediterr. Modern Smart Home $2,449,000
Sat/ Sun 1-4pm 708 Esplanade 4 BD, 3.5 BA, Big ocean views $2,999,000

Redondo Housing Inventory Stays Low…So Where are the New Listings?

By Keith Kyle

As a Redondo Beach realtor who has been doing this a while, I’ve come to expect a nice increase in houses for sale in mid to late January. As the holidays wrap up, football season ends, and everyone gets back to work, we generally see a nice increase in homes that hit the market. It can often set the tone for much of the year as and abundance of homes early in the year often seems to stabilize the market one way or another. Unfortunately 2015 hasn’t seen that increase as the number of active homes for sale continues to go down at a time when the homes for sale should be going up. It’s still early enough that sellers may yet be holding off for a week or two to put their homes on the market and it would be welcome relief for the home buyers sitting and waiting.

The chart below shows the number of homes for sale represented by the light green bar. As of January 29th there are only 88 homes for sale in all of Redondo Beach.

 

Homes in the Golden Hills of Redondo Beach

Pros and Cons of the Golden Hills in Redondo Beach

See the Positives and Negatives of Homes in the Golden Hills

Homes in the Golden Hills of Redondo Beach
Homes in the Golden Hills of Redondo Beach

As many of my clients are from out of the area or out of state, they seem to have a notion that the South Bay is simply one big city and there aren’t all that many differences between Manhattan BeachHermosa Beach and Redondo Beach.  The reality is that even within these cities the individual neighborhoods vary quite a bit.  Due to the sheer size of the city, Redondo Beach is one of the more varied communities in the South Bay in terms of types of housing, size and age, and price.

The area just east of Hermosa and just South of Manhattan (see Golden Hills Map)is a hilly section of Redondo Beach known as the Golden Hills.  Knowing the areas pros and cons is an important step in determining whether the Golden Hills is the right area for you.  The homes in the area have a not entirely flattering nickname and are called “tall and skinnies”.  Drive down any street in the area and you’ll see why.  When the homes were originally built the area was subdivided into 25×100 foot lots.  With no alleys in the rear, this means that the frontage of the home required a 2 car garage and as you’ll notice, the homes look somewhat similar.  So here’s the pros and cons of the area.

Pros of Life in the Golden Hills:

  1. You get a bigger house for a lower price.  Many of the homes in the area are in the 1700+ square foot range with spacious living rooms, open kitchens and good sized bedrooms.
  2. Prices for either smalller square foot houses or fixers generally start in the high $1,000,000k range and newer, larger homes can sell for over $1,600,000.
  3. Location is excellent.  Being just east of Hermosa Beach, means that the Golden Hills is very close to the beach.  Saying it’s a walk or bike ride is a bit of a reach, but it’s not far off.  Being this close to the beach means cooler summers and warmer winters……and who doesn’t like that.
  4. Upgrades.  Many of the homes in the area have been very nicely upgraded and well taken care of.  Those that haven’t can be purchased for an even greater discount.
  5. Price.  Look just west in Hermosa and the price jumps considerably.  Try to find a home this size in other parts of Redondo and expect to pay $100k more.

Cons for the homes in the Golden Hills:

  1. The biggest complaint that I get to the area is the bedroom configuration.  With a 25 foot wide lot there’s only so many options the original builders had.  The general layout is living room (often with vaulted ceilings), kitchen and master bedroom upstairs, and garage and 2 bedrooms downstairs.  The master on one level with the other bedrooms downstairs is often an obstacle with families with small kids or expectant parents.
  2. Proximity to your neighbors.  Again with lots 25 feet wide, and front doors usually needing to be on the side of the house due to the garage, don’t generally mean much room between you and your neighbor.
  3. Lack of street parking.  With 2 car wide driveways in front of every 25 foot wide lot, it doesn’t leave much room for curbs.  On the other hand a two car garage plus 2 driveway spaces may make that a non factor.
  4. Small yards.  Generally these homes have a small yard in the rear without a front yard to speak of.  Again this can be a positive or a negative, depending on your situation.

Overall the Golden Hills offers a great opportunity to own a good sized home, at a good price and just a short drive to the beach.  See Recent Golden Hills home sales.

For more information on the area of Golden Hills or other neighborhoods in the South Bay, feel free to contact me.

Keith Kyle – Realtor, e-Pro – Vista Sotheby’s International Realty 2501 N Sepulveda Blvd Manhattan Beach, CA 90266 310-251-2344

Let Your Renter Help Pay the Mortgage – Redondo Beach Duplex

This is an absolutely ideal property for the investor or owner user, with 2 detached homes in a great North Redondo Beach neighborhood. Let your tenants help pay your mortgage! Each home has been lovingly maintained and updated with gleaming hardwood floors, recessed lights, updated kitchens and baths and so much more. The front home enjoys a very large fenced grassy front yard, rear patio, spacious kitchen, private laundry room, 2 bright bedrooms and a very bright and inviting living room. Rear home features 2 bedrooms plus a spacious bonus room that can be used as an office or 3rd bedroom.

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565 Esplanade Redondo Beach - Surfrider condos

Oceanfront Homes For Sale on the Esplanade in Redondo Beach

Oceanfront Condos on The Esplanade in South RedondoEsplanade condos

Living at the beach may be more affordable than you think as Redondo Beach zoning allows for larger ocean front condo buildings not seen in other areas of the South Bay.   At the moment there are far more oceanfront condos, townhomes and homes for sale then in recent memory.  The current homes range from 1 bed 1 bath condos in the Sand Castle, to one of the more impressive oceanfront homes ever to come on the market at 717 Esplanade.  7 of the current homes for sale are ocean front condos on the Esplanade with the bulk of the additional opportunities being single family or multi unit.  The home at 739 Esplanade is one of the more intriguing properties as it’s currently 3 separate levels, each with kitchen and baths that can be torn down with the ability to build townhomes, or a very large estate, but may also work as an owner occupied investment property with owners living in one of the 3 levels and renting the other two.

See the current oceanfront homes for sale on the Esplanade in South Redondo Beach

Golden Hills of Redondo Beach

Inventory, Home Sales, Pendings and Prices All Rising in Golden Hills of Redondo Beach

Unlike the adjacent neighborhoods of Manhattan and Hermosa Beach, the real estate market in the Golden Hills of Redondo Beach, just east of Hermosa has been somewhat unique in recent months.  Everything seems to be on the rise with the number of active homes for sale increasing, sales increasing, pending home sales increasing and prices on the rise.  The area is home to a rather unique type of single family home known as a “tall and skinny” in the local real estate world.  With lots dimensions at 25 x 100 and minimal setback requirements, most homes are only separated by 5 feet and is something not seen in many other neighborhoods. Read more about the pros and cons of Golden Hills Real Estate.  According to Redondo Beach real estate specialist Keith Kyle, “we’re seeing homes selling over list price, with multiple offers on a fairly regular basis and prices have rebounded considerably in 2013.”

Real Estate Statistics and Trends for The Golden Hills in Redondo Beach

The report above shows the recent housing activity, including active homes for sale (light green), pending home sales (red line) , and closed home sales (dark green).

The chart above shows the average price per square foot in the Golden Hills

The chart above shows the average days on market as well as the % of sale price compared with the list price

The chart above shows the median home prices (light blue) as well as average list prices and average sold prices

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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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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

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.