Why South Redondo Homes Cost More than North Redondo Homes
For buyers (and sometimes even sellers) unfamiliar with the differences in local market in the South Bay, Redondo Beach is just one single real estate market. In reality the differences between neighborhoods can be significant and home values and prices show a clear distinction between similar homes in North Redondo and South Redondo. The city has a number of distinctive neighborhoods but the main sections are broken into North and South and the dividing line is basically 190th Street. North Redondo is quite a bit less expensive due to the location as it sits behind Hermosa and Manhattan Beach so there are no homes with ocean views and the feel of the area is different as it’s not along the water. South Redondo ends at the beach and the ocean to the west and has a unique beach charm and homes often have great views. The recent listings and sales of very similar homes, both in terms of style, layout, size and new construction, make clear the differences in values.
Below is a map showing the general layout, location and dividing lines between north and south Redondo Beach
Areas 151-154 are North Redondo and 155-157 are South Redondo
Two on a lot generally means that the homes share a driveway and are either completely detached or only share garage and deck walls with no living spaces connected. They often have the feel of a single family home, but at much more affordable prices. 3 on a lot townhomes generally have a front, middle, and rear unit and share walls with neighbors. Although they do not quite feel like single family homes, they are even more affordable and for many the fact that they can buy a townhome for much lower, and get a newer home with far more square footage over a single family home is certainly a compromise that they are willing to make.