From all of us at Redondo Beach Real Estate & Homes.com, Vista Sotheby’s International Realty and Keith Kyle Homes, we wanted to wish you and yours a very happy Thanksgiving and Thanksgiving weekend. Enjoy!
From all of us at Redondo Beach Real Estate & Homes.com, Redondo Beach realtors Keith Kyle, and the team at Vista Sotheby’s International Realty, we wanted to wish you a happy and safe Halloween. Keep it spooky!
Contact Redondo realtor Keith Kyle with Vista Sotheby’s International to request more info
The newest listing in South Redondo Beach is a 3rd floor ocean view condo in the Sesacape 2 complex at 110 The Village.
Listed with Liz Cotton of Remax, the 2 bedroom single level condo has been remodeled and updated and some features include laminate wood flooring in the living and dining rooms, travertine flooring in kitchens and baths, stone countertops, stainless appliances. This 1,400+ square foot condo offers a fireplace in the living room, interior stackable laundry and 2 parking spots.
The third floor location makes for a great view from the living room and master bedroom along with the spacious outdoor deck that extends from the living rooms sliders to the master bedroom sliders.
The Seascape buildings sit just east of King Harbor and some of the many nearby places and activities include Czuleger Park, the bike path, shops and restaurants of the Redondo Pier and the world famous beach just south of the pier.
Contact Redondo realtor Keith Kyle with Vista Sotheby’s International to request more info
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.
Although the housing inventory has been low in Redondo Beach for almost 2
years now, the market for and ocean view Village condos is almost non-existent. Popular condo complexes such as The Village, the Seascape buildings, and various oceanfront buildings on the Esplanade are nowhere near the normal inventory levels. According to realtor Keith Kyle, “It’s really been months since there’s been anything new. There are currently a few places that have been on the market for some time now, but the few new listings, if priced anywhere near where they should be, disappear quickly.”
“These homes offer the iconic South Bay beach lifestyle and are are highly sought after, often by professionals that travel extensively, local retired or semi-retired people looking for that vacation beach feel, or those priced out of nearby townhomes and single family homes.”
The inventory has continued to drop to nearly a trickle with only 2 condos on the market as of this writing. Both are in the Seascape buildings behind King Harbor and the Redondo Pier area. The homes often offer the real feel of living on vacation as many have great views and some offer terrific amenities.
**Please note that this post is from 2013 and the market and home prices have changed dramatically since then**
I have a number of buyers looking in Redondo Beach for a single family home under $750,000. Normally that’s not too difficult to find and it’s more a question of specific location, or style, etc. The problem now is that single family homes in this price range, which would be considered “starter homes” in Redondo, can be difficult, if not impossible, to find. It hasn’t been easy lately to explain to buyers (many of whom start the search in Hermosa Beach but find themselves priced out) that there just are no homes to buy. The chart below paints a pretty bleak inventory picture with almost nothing to buy, and the few that are priced below $750,000 are not at all what they are looking for.
The chart below shows all single family homes for sale, pending and sold in the $750,000 and under price range in Redondo Beach. The teal line represents the active homes for sale in Redondo Beach and it’s pretty clear that there are few, if any, real opportunities. According to Redondo Beach realtor Keith Kyle, “until sellers decide that this is an optimal time to list their homes for sale, this trend of low inventory and high demand will continue.”
