The Village in South Redondo Beach May Be the Most Affordable Ocean Views

The Village, located on Catalina Blvd in South Redondo Beach, is a condo complex just east of King Harbor. It offers some resort type amenities   with a hotel style pool and exercise facility, and is ideally located walking distance to just about everything. What’s perhaps the best aspect may be the prices. Each building consists of primarily 619 square foot one bedroom condos and due to the angular patios almost all have some type of ocean view.   Each building also offers 2 studios on the easternmost part of each floor, and 2 bedroom condos, which rarely become available, on the westernmost, ocean facing side of the buildings.  The Village consists of 6 larger 3 story (they’re actually 4 or 5 levels depending on garages but 3 floors of condos) buildings and 3 buildings with townhome type units.  According to Keith Kyle, one of the top Redondo Beach realtors that specializes in the area, “The Village is an ideal fit for buyers looking for a vacation type feel.  Most owners use the condos as a second home or as a beach rental as demand is always high for ocean view homes.”

Parking is located below each building (parking for each unit is not necessarily in the same building) and units can either have one or two spaces.  Laundry is common area located near the 1st floor garage in most cases.  Click here to see a map of The Village Condominiums and Townhomes.  Click here To see a video tour of some other ocean view and ocean front communities.

Current Village and Seascape Condos and Townhomes for Sale

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

construction in the South Bay

Almost No New Construction Homes in Redondo Beach

**Please note that this post was writtin in 2012**When the housing bubble burst, new construction homes became almost non-existent with builders barely able to complete and sell the homes that they had in mid construction.  With the market picking up considerably in 2012 builders once again starting building and there have been a number of projects in Redondo Beach.  Although dramatically down from the peak days of 2006, there has been a fairly consitent level of new contruction inventory, but with the current market in which there are ample buyers and few sellers, that supply has become a trickle.   New construction homes for sale  in Redondo Beach are almost non-existent with only 2 projects actively for sale on the North Redondo Beach MLS and another 2 active listings in South Redondo.  This may reflect more on the overall market and the dramatically reduced inventory as even uncompleted projects often seem to have eager buyers wanting to pet together an offer.

North Redondo New Construction 2012

ML# Status Type Address Area Type Price Br/Ba Sq Ft DOM/CDOM
V12118626 Active SFR/D 2620 Robinson ST 151 STD $ 1,179,000 5/4,0,0,0 2920 66/66
SB12132152 Active TWNHS/A 1921 Grant AV #B 152 STD $ 719,000 4/3,0,0,0 1800 33/33
V12123898 B TWNHS/D 1903 Plant AV 151 STD $ 869,000 4/3,0,1,0 2178 53/53
S12124000 B CONDO/D 1905 Plant AV #A 151 STD $ 869,000 4/2,0,1,0 2330 53/53
SB12132597 B CONDO/D 1905 Plant AV #B 151 STD $ 869,000 4/2,0,1,0 2330 32/32
S12115711 B CONDO/D 2110 Rindge LN 151 STD $ 889,000 4/3,0,0,0 2445 77/77
PV12133509 B SFR/D 2622 Robinson ST 151 STD $ 1,195,000 4/4,1,0,0 2920 30/162
SB12132552 B CONDO 1909 spreckels #B 152 STD $ 879,000 4/3,0,1,0 2459 32/32
PV12138309 B TWNHS/D 2011 Belmont LN #B 152 STD $ 889,000 4/3,0,1,0 2600 18/18
V12123906 P TWNHS/D 2906 Aviation PL 151 STD $ 929,000 4/3,0,1,0 2624 47/47
PV12138302 P TWNHS/D 2011 Belmont LN #A 152 STD $ 889,000 4/3,0,1,0 2600

 

Below is the most recent activity in South Redondo Beach

ML# S Type Address Area Type Price Br/Ba Sq ft DOM/CDOM
V12125660 A TWNHS/D 110 Helberta AV #B 155 STD $ 899,000 3/2,0,1,0 1879 48/48
S12122561 A SFR/A 126 Prospect AV 155 STD $ 1,299,000 5/4,0,1,0 4800 55/55
V12103870 B SFR/D 2321 Ralston LN 153 STD $ 1,339,900 4/3,0,0,0 3421 100/257
V12021579 B TWNHS/D 505 Lucia AV #B 155 STD $ 929,000 3/3,0,1,0 2224 284/284
V12094408 P TWNHS/D 110 Helberta AV #A 155 STD $ 899,000 3/2,0,1,0 2044 73/73
S12111092 P SFR/A 407 Pearl ST 156 STD $ 1,050,000 3/2,1,0,0 1956 62/62
SB12140370 P SFR/D 546 Helberta AV 156 STD $ 2,195,000 5/3,1,2,0 4077
S12111042 P TWNHS/A 311 Topaz 157 STD $ 1,379,000 5/2,2,0,0 3011 34/34
S12111059 P TWNHS/A 623 Elvira 157 STD $ 1,500,000 4/3,0,1,0 3505 0/0
oceanview condos background

The Village Oceanview Condos in Redondo Beach 90277

Redondo Beach epitomizes the very best in beach living.  Much larger than neighboring Manhattan Beach and  Hermosa Beach, Redondo offers housing of every  type and just about every price. One of the most  affordable ways of living in Redondo Beach is  in one of the many condominium buildings in the  city. Condo options can range from the very inexpensive  Brookside Village to ocean front luxury of Seascape or the Villageand the oceanfront homes on the Esplanade.

View current Condos for Sale in Redondo Beach

Located  along some of Southern California’s finest beaches,  Redondo Beach has something to offer everyone.  Bordered by the Palos Verdes Peninsula to the south, Hermosa Beach to the north, and Torrance  to the east, Redondo Beach offers great schools,  proximity to the beach, and an abundance of activities.  Some highlights include ocean activities and dining  at King Harbor, great shopping in the Riviera Village, the Redondo Beach pier, and nature walks  at Wilderness Park. Some of the areas of Redondo  include North Redondo with anbundance of home options, South  Redondo, the Hollywood  Riviera , the resort living of The Village and Seascapeoceanfront  condos on the Esplanade and the Golden  Hills.

The Village or Seascape I, II, and III

There  are endless reasons that the South Bay and Redondo  Beach are great places to live, and without question  the proximity to the ocean is one of them. Redondo  Beach offers a wider variety of options than neighboring Hermosa Beach and Manhattan Beach as it’s zoned  to allow higher density housing in some areas…..meaning larger condo complexes. Some of the most ideal  complexes are located in South Redondo Beach just off of Catalina and are known as the Village or  Seascapes I, II and III. All of the Seascape Buildings are also known as the Village (they’re actually all on Catalina but the addresses are on The Village) All of the complexes have Homeowners Associations with relatively high HOA dues to cover the various landscaping, pools and some insurance, but if you’re looking for an affordable way to have a beach home, they may be ideal for you. All three buildings offer some fantastic ocean, Catalina, and harbor views and are centrally located just a short walk or bike ride to the beach, marina, restaurants and shops and parks. Keep in mind that some of my comments are just opinions on what is both good and bad about the buildings based on my observations and feedback from my clients.

Seascape I

Seascape One is actually located between Seascapes II and III and consists of 210-250 The Village. It was built in 1978 and is just east of King Harbor and the Redondo Beach pier. Many of the units have fairly unique windows that allow for plenty of light and breezes. The smallest units are 1 bedroom 1 bath with around 577 square feet with the largest units being 2 bedroom 2 bath with just over 1600 feet. Values depend primarily on the location and view as well as the upgrades that the owners have done over time.

Pros:  Location, location, location. Seascape I is central  to everything and you truly don’t have to get in the car on the weekends. It’s directly adjacent to the marina and the Redondo Beach pier and has a large grassy park just outside your door. Some of the units are very nicely remodeled and some have tremendous ocean views (although those unblocked view units rarely come on the market. This is an affordable way to live by the beach or use a rental unit. See additional pictures of an ocean view unit at 240 The Village.


Cons:
The complex is a little maze like and finding your way around isn’t always simple. The complex also has shared laundry with a laundry room near the elevator on every floor. Another negative is that there seems to continually be an assessment in addition to the HOA dues and currently all of the planters and ponds have been undergoing continual work. Unlike Seacapes Two and Three the complex is not gated (although the parking is)

Seascape II

Seascape 2 was built in 1980 and looks a bit more modern than Seascape I. The units are much larger with the smallest one bedrooms just a bit over 900 square feet and the largest condos having 2 bedrooms plus a very good sized loft (with an additional balcony) and just at 1900 square feet. Seascape 2 consists of the buildings with 100-160 The Village addresses and is the furthest north of the oceanfront/oceanview
buildings. The complex has a very nice pool area and is walkable to just about everything imaginable. Seascape 2 also has some townhome units with larger square footage and attached garages. Many/most of the units have been extensively remodeled and many have stunning ocean and harbor views.

Pros: Again the location is excellent with shops, restaurants,  gyms and the beach just a stroll away. The complex has a very nice vacation like feel to it and is ideal for those looking for a beach home, second home or just wanting a primary residence at the beach….without the price tag of many other oceanview properties.

Cons: There are often assessments and the monthly HOA is fairly high and currently around the mid $400s as of this article. It’s a fairly large complex and often a bit confusing to find your way around. Although the views can be stunning some of the units are a bit further back with a service road and a few buildings in front of the views of some of the lower units.

Seascape  III

Built in 1980 Seascape III feels very similar to Seascape II with a slightly more “vacation” type feel. The condos are fairly large with the smallest 1458 square feet and the largest being the penthouse 2 bedroom with an ocean view loft and separate patio with slightly over 2000 square feet. This is the furthest south of the Seascape buildings but still walkable to everything.

Pros: Again the location is just ideal and the complex has a great second home or vacation feel. Higher floor units have some tremendous views and many have been very nicely upgraded. As with all of the Esplanade and Village buildings, prices have come down considerably as they have had a very high second home ownership in the past and have suffered quite a bit with some foreclosures and short sales forcing prices down which makes for an ideal environment for buyers

Cons: As with all of the Seascape buildings the HOA is quite high and the age of the buildings, coupled with their environment of sun and salt air, often make for additional assessments. HOA is also fairly restrictive as to what can be done to the units, but this can also be considered a positive for many.

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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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