Real Estate in the Beach Cities: September 2010

Fusion South Bay Townhome Market Update - September 29th 2010

Fusion South Bay, a community of contemporary townhomes built in 2005, 2006 and 2007 continues to be a very active market with a number of homes selling in the past few months and 5 active homes for sale.  Sold prices of the smaller A and B units have varied quite a bit depending on location within the complex.  Click here to see a Fusion South Bay map.

To view additional pictures and details visit our Fusion South Bay townhomes site with current listings.

fusion south bay active homes for sale

Most Recent Sold Homes - Click below to see recent home sales for Fusion and the South Bay

Fusion sold homes

Keith Kyle is a licensed Realtor, short sale specialist and Top Producer with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

0 comments • Keith Kyle • September 29 2010 07:58PM

Summer finally making an appearance in the Beach Cities

Life at the beach is wonderful.....that's why we live here and why home prices are so high.  Unfortunately living in Hermosa Beach and Manhattan Beach we get to experience what's known as June gloom.  When the water is a certain temperature and the air is a certain temperature we get an annoying marine layer of fog that usually ends on command with the 4th of July weekend.  Unfortunately this year we had May gloom, June gloom, July gloom.....well you get the point.  But finally summer arrived...just in time for fall but we'll take what we can get.

It's nice to be reminded once in a while of just why we live here!

Hermosa Beach sunset

September 28th, 2010.....tropical sunset in Hermosa Beach

2 comments • Keith Kyle • September 29 2010 06:00PM

Luxury Market in Manhattan Beach Remains Relatively Strong

While many reports tout the dire situation in the housing market it's often assumed that the luxury real estate market in higher end cities such as Manhattan Beach certainly must be slow to non existent.  Surprisingly that's simply not the case.  Since August 1, 2010 9 homes have sold for over $2,000,000 with an additional 6 homes in escrow.  While the numbers are certainly lower than during the peak of the market, they are far different from the perception that nothing is selling in the luxury market.  The demand for Manhattan Beach luxury real estate has remained strong despite the challenges that the jumbo mortgage market presents.  Click to view current Manhattan Beach real estate listings by price or view recent Manhattan Beach home sales.

Below are the homes sold since August 1st 2010 with list or sales prices above $2,000,000

  Address  Sold Price   List Price  Days on Mkt Sq Ft Year
501 7th ST   $          1,900,000  $        2,190,000 73 3594 1990
440 5th ST   $          2,835,000  $        2,899,000 48 3070 2008
316 26th ST   $          3,200,000  $        3,200,000 92 4160 2006
124 3rd ST   $          4,030,000  $        4,295,000 19 4646 1996
757 30th ST   $          2,125,000  $        2,189,000 0 3350 2007
656 19th ST   $          2,350,000  $        2,399,000 17 4016 2001
644 17th ST   $          3,270,000  $        3,450,000 143 5406 2003
946 9th ST   $          2,685,000  $        2,699,000 46 4316 2002
809 Highview AV   $          4,300,000  $        4,200,000 14 1544 1949

Below are the homes currently in pending or backup status in Manhattan Beach.

Pending Luxury Home Sales in Manhattan Beach

 See below for median for sale vs. median sold homes showing a decline in inventory of homes priced above $2,000,000 and sales slightly up.

manhattan beach median for sale

 

 

Keith Kyle is a licensed Realtor, short sale specialist and Top Producer with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

 

0 comments • Keith Kyle • September 20 2010 08:48PM

Torrance Bank Owned Homes on the Rise

With short sales probably being the best way to find "deals" in the South Bay and Torrance, many home buyers simply don't want to put up with the delays and unknowns that go along with buying a short sale home.  Although often not priced quite as aggressively REOs or bank owned homesare possibly the next best thing as the lenders have gone through the foreclosure process, own the home outright, and are generally willing to sell for the list price, without the endless levels of beaurocracy involved.  Torrance offers an abundance of these bank owned homes with some in great condition and move in ready while others need some work but the prices are often below market value regardless.

Torrance Homes

Below are the bank owned homes as of September 13th 2010.

MLS# Type   Address  Price  Br/Ba Year Sq Ft Lot Size Type of Sale
V10096521 SFR/D 3646 228th PL   $            668,500 4/2.00 1964 2273 5980 REO
S10096981 SFR/D 1660 221st ST   $            377,000 5/2.00 1953 1750 7200 REO
S10096109 SFR/D 1018 210th ST   $            275,000 3/2.00 1953 988 5200 REO
S10094402 SFR/D 1539 214th ST   $            349,900 2/2.00 1943 1448 6000 REO
10461659 CONDO/ 23304 MARIGOLD AV #X102  $            169,900 2/2.00 1973 859   REO
10475865 CONDO/ 941 CARSON ST #317  $            159,900 1/1.00 1982 696   REO
M10092213 SFR/D 1529 223rd ST   $            525,000 4/3.00 1939 3524 6680 REO
S629616 SFR/D 3715 225TH ST   $            525,900 3/2.00 1953 1108 5304 REO
P749421 CONDO/A 21345 HAWTHORNE BL #319  $            339,900 1/1.00 2005 920 84179 REO
S10088581 TWNHS/A 1232 Jasmine   $            549,900 3/3.00 2005 1822 34772 REO
S10087443 CONDO/A 3550 Torrance BL #515  $            199,900 0/1.00 2006 490 41145 REO
S10086892 TWNHS/A 23047 Samuel ST   $            499,900 2/3.00 1995 1025 1655 REO
Y1005181 SFR/A 17806 BAILEY DR   $            439,900 4/2.00 1955 1303 5710 REO
10471965 SFR/A 16506 CERISE AV   $            578,900 4/3.00 1956 2348 8130 REO
P747483 CONDO/A 1201 CABRILLO AV #308  $            185,640 1/1.00 1993 560 544 REO
F1850364 SFR/D 3407 189TH ST   $            382,900 3/2.00 1950 1040 5000 REO
10464429 CONDO/ 23200 SESAME ST #C  $            179,000 3/2.00 1973 1108   REO
S10072880 SFR/A 1552 227 ST   $            215,000 3/2.00 1963 1050 5397 REO
P742205 CONDO/A 1129 SEPULVEDA BL #M104  $            149,900 2/1.00 1973 796 2082 REO
10453181 CONDO/ 1511 227TH ST #B  $            229,900 2/2.00 2004 1089   REO
P723004 SFR/D 24315 FALENA AV   $            584,900 4/4.00 1964 2680 6547 REO
S10082086 TWNHS/A 1608 226th ST #1  $            274,900 3/3.00 2006   7203 REO
V10027091 CONDO/A 20606 Vermont AV #48  $            199,900 2/2.00 1978 969 2993 REO
S10078115 CONDO/A 20331 Anza AV #15  $            348,000 2/2.00 1980 1337 1625 REO
10465455 CONDO/ 23214 SESAME ST #G  $            157,000 2/2.00 1973 852   REO
P750604 SFR/D 949 TORRANCE BL   $            254,900 2/1.00 1953 819 6110 REO
V10081860 CONDO/D 2367 Jefferson ST #103  $            274,900 1/1.00 2007 856   REO
0 comments • Keith Kyle • September 16 2010 12:15PM

Looking for home in Manhattan Beach - Manhattan Beach Open Houses for Sept 18 & 19

These week's open houses in Manhattan Beach has something for everyone with Manhattan Village court homes starting at $725,000 to beautiful private estates up to $7,000,000.  Visit our Manhattan Beach real estate website to view any of these current Manhattan Beach homes for sale

 

Days

Hours

Address

Description and Details

Price

Sat. & Sun.

1-4

5 Coronado Ct.

2 BD, 2 BA,
Steps to the pool and spa

$725,000

Sun.

1-4

3 Laguna Ct.

2 BD, 2 BA,
Bank Owned

$728,900

Sat. & Sun.

1-4

325 11th St. #C

2 BD, 2 BA, walkstreet condominium

$849,000

Sun.

2-4

1412 Faymont Ave.

3 BD, 1 BA, Starter in
Liberty Village

$875,000

Sun.

2-4

3515 Vista Dr.

2 BD, New listing,
Cool Beach Pad

$899,000

Sun.

1-4

3521 Pacific Ave.

2 BD, Plus Studio,
Tree Section Charmer

$915,000

Sun.

2-4

944 Rosecrans Ave.

3 BD, 1 BA, Huge Yard,
New listing

$929,000

Sat. & Sun.

2-4

3005 Oak Ave.

3 BD, 2 BA,
Classic Tree Section

$950,000

Sat. & Sun.

2-4

1605 Pine Ave.

3 BD, Tree Section Hm.

$959,000

Sat. & Sun.

1-4

2610 Maple Ave.

Contemporary
Vintage in the Trees

$969,000

Sun.

2-4

720 Manhattan Bch Bld

2 BD, 2.5 BA, Private
End Unit Townhome

$1,049,000

Sat. & Sun.

1-4

1151 10th St.

4 BD, 3.5 BA, Newer
Spanish Townhome

$1,095,000

Sun.

1-4

36 Sausalito Cir.

3 BD, On Golf Course

$1,149,000

Sat. & Sun.

2-4

225 39th St.

3 BD, 2 BA, Views

$1,179,000

Sun.

1-4

34 Fairway Dr.

3 BD, + Yard on
Golf Course

$1,299,000

Sun.

2-4

22 Fairway Dr.

3 BD, Bonus on
Golf Course

$1,299,000

Sun.

1-4

509 N. Dianthus

3 BD, 2.5 BA,
City Lights View

$1,349,000

Sat. & Sun.

1-4

532 24th St.

3 BD, 3 BA,
Charming Beach Home

$1,349,000

Sun.

1-4

594 30th St.

4 BD, 2.75 BA,
Must See!

$1,369,000

Sun.

1-4

8 Westport

3 BD, 2 BA,
Great Value

$1,385,000

Sun.

1-4

2105 Lynngrove Dr.

5 BD, 3 BA, Pool

$1,399,000

Sun.

1-4

421 26th St.

3 BD, 2.5 BA,
Ocean Views

$1,449,000

Sat. & Sun.

1-4

568 35th St.

3 BD, 2 BA,
Fabulous New listing

$1,499,000

Sun.

2-4

1908 Elm Ave.

4 BD, 3 BA,
Price Reduced

$1,525,000

Sat. & Sun.

1-4

4 Stratford

3 BD, Office Beauty

$1,599,000

Sun.

1-4

2523 Valley Dr.

4 BD, 5 BA,
Price Reduced

$1,639,000

Sun.

1-3

747 26th St.

4 BD, 3.5 BA,
Tree Section

$1,649,000

Sat. & Sun.

2-4

424 Marine Ave.

3 BD, 4 BA, Turnkey,
Ocean View

$1,649,000

Sat. & Sun.

2-4

2513 Elm Ave.

4 BD, 3.5 BA,
Price Reduction

$1,665,000

Sat. & Sun.

1-4

1446 19th St.

4 BD, 3 BA,
Custom Built

$1,689,000

Sun.

1-4

453 29th St.

4 BD, 3 BA, Full Lot.
Ocean View

$1,699,000

Sun.

2-4

757 36th St.

5 BD, 6 BA,Built 2003,
5400 sq.ft.lot,Reduced price

$1,699,000

Sun.

1-4

1603 6th St.

New listing, Huge
Almost 5000 sq. ft.

$1,749,000

Sat. & Sun.

2-4

1821 Poinsettia Ave.

5 BD, Tree Section,
New listing

$1,799,000

Sun.

1-4

1310 11th St.

6 BD, 4 BA, Office,
5009 sq. ft.

$1,799,000

Sat. & Sun.

1-4

88 Manhattan Ave.

3 BD, 3.5 BA,
Remodeled, ocean view

$1,799,000

Sun.

1-4

1832 8th St.

5 BD, 4.5 BA,
4284 sq. ft.

$1,849,000

Sat. & Sun.

2-4

1632 Curtis Ave.

5 BD, 5 BA, 1 Level,
Brand  New Home

$1,887,000

Sun.

1-4

1812 Elm Ave.

4 BD, 3 BA, Custom,
Built in 2004

$1,890,000

Sun.

1-4

521 12th St.

4 BD, 3000 sq. ft.

$1,899,000

Sat. & Sun.

2-4

219 N. Dianthus

Phenomenal
Ocean Views

$1,989,000

Sun.

2-4

477 34th St.

5 BD, 4 BA,
Big Yard

$1,999,000

Sun.

2-4

2803 Pacific Ave.

5 BD, 4 BA,
Tree Section

$2,099,000

Sat. & Sun.

1-4

1525 Mathews Ave.

5 BD, 5.5 BA, Tuscan
Style Estate

$2,195,000

Sun.

2-4

3212 Maple Ave.

5 BD, 5 BA, Stunning
French Chateau

$2,199,000

Sun.

1-4

1035 Church St.

4 BD, 4.5 BA

$2,200,000

Sat. & Sun.

1-4

742 33rd St.

5 BD, 5.5 BA

$2,449,000

Sat. & Sun.

1-4

530 21st St.

6 BD, 3.5 BA,Gaslight
Area of Sand Section

$2,459,000

Sun.

2-4

813 Duncan Ave.

5 BD, 4 BA, ocean views

$2,585,000

Sun.

1-4

861 10th St.

5 BD, 5 BA, Office,
Craftsman, Yard

$2,699,000

Sun.

1-4

473 31st St.

4 BD, Office,
Bonus Rm., 2008

$2,800,000

Sun.

1-3

445 33rd St.

5 BD, 4.5 BA,
Custom Built 2009

$2,999,000

Sun.

1-4

763 31st St.

5 BD, 4.5 BA,
Custom Built

$3,095,000

Sat. & Sun.

1-4

2808 Manhattan Ave.

4 BD, 3.5 BA, New,
Lunch on Sunday

$3,299,000

Sun.

2-4

222 John St.

Incredible Hill Section
Home, Big Views

$3,399,000

Sat. & Sun.

1-4

224 31st St.

5 BD, Views,
Built 2005

$3,499,000

Sun.

2-4

132 20th St.

Walkstreet Home,
Ocean View

$3,599,000

Sun.

2-4

429 8th St.

Prime Walkstreet,
Fabulous New Home

$3,650,000

Sun.

1-4

748 11th St.

5 BD, 2 Offices,
Walk to Downtown

$3,995,000

Sat. & Sun.

2-4

906 9th St.

6 BD, 6.5 BA,
New, View

$4,250,000

Sun.

2-5

116 Terraza Pl.

7 BD, Ultimate Private
Estate, Infinity Pool

$6,999,000
0 comments • Keith Kyle • September 16 2010 12:03PM

Looking for a home in Manhattan Village? - Now May Be Your Opportunity

Manhattan Villageis a gated community in the heart of Manhattan Beach.  Offering 24 hour security and all the amenities of a resort, the community offers housing options ranging from multi level "court" homes, to more traditional townhomes, to beautiful estate homes enjoying the very best of beach living. 

The real estate market in Manhattan Village continues to remain fairly strong but the inventory is at very high levels with homes of every type and price currently on the market. Visit our Manhattan Village real estatewebsite to see the current listings, floorplans areas map or to contact us about any of the homes currently for sale.

Manhattan Village Real Estate Listing Update

0 comments • Keith Kyle • September 11 2010 04:38PM

Manhattan and Hermosa Strand - Unheard of Oceanfront Inventory

The inventory of luxury ocean front homes in Manhattan Beachand Hermosa Beach continues to rise with a variety of types, styles and price ranges.  In years past it would be rare to see a single Strand home on the market and the current inventory offers 15 ocean front homes ranging from 1,749,000 for a 2 bedroom condo at 1504 The Strand to the brand new construction on an oversized lot located at 2826 The Strand.  Click on any home below to visit our Manhattan Beach and Hermosa Beach oceanfront Strand home listing site.  View all Manhattan Beach real estate listings

manhattan beach oceanfront strand real estate listingshermosa beach oceanfront strand real estate listings

If you're looking for other Manhattan Beach real estate listings visit our Manhattan Beach real estate website.

Keith Kyle is a licensed Realtor, short sale specialist and Top Producer with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate websites in the South Bay with free MLS access, current home listings, open houses, recent home sales information and more.  Keith can be reached at 310-251-2344 or by email at info@KeithKyleHomes.com.  For more information on the South Bay, visit my Beach Cities Real Estate blog.

 

1 comment • Keith Kyle • September 08 2010 01:39AM

Southwood Torrance Market Update - September 2010

One of the most highly sought after Torrance neighborhoods is the pocket known as Southwood.  Great schools, tree lined streets, and a very pleasant neighborhood feel are just a few of the reasons the area has remained a high demand real estate market.  See below for the current listings and see the bottom chart for all of the single family homes that have sold in Southwood since July 2010.  Click here to view an updated list of current homes for sale in Southwood.

 See below for sales activity including homes in escrow and recently sold homes in the Torrance neighborhood of Southwood.

Status
   Address  Price  Br/Ba Year Sqft Lot Size
P
 3914 Cathann ST   $        540,000 3/2.00 1956 1162 5300
P
 5000 Jacques ST   $        599,000 2/2.00 1955 1175 5400
P
 21818 Ladeene AV   $        649,000 3/2.00 1956 1155 5570
P
 21617 Linda Dr DR   $        689,000 3/2.00 1955 1454 6900
P
 5217 Laurette ST   $        689,000 3/2.00 1955 1140 5830
P
 22106 Cathann PL   $        699,000 3/2.00 1955 1800 8110
P
 5029 Laurette ST   $        899,000 4/4.00 2001 2531 5830
S
 5214 Lillian ST   $        630,000 3/2.00 1956 1175 5500
S
 5011 Scott ST   $        635,000 3/3.00 1955 1451 6240
S
 21402 Marjorie AV   $        645,500 3/2.00 1956 1360 5300
S
 5214 Scott ST   $        660,000 3/2.00 1955 1605 5400
S
 21321 EVALYN AV   $        680,000 3/2.00 1956 1175 5670
S
 21417 Grant AV   $        735,000 3/2.00 1956 1549 5300
S
 4509 Laurette ST   $        820,000 4/3.00 1982 2629 6053
0 comments • Keith Kyle • September 03 2010 06:10PM

Hermosa Beach Real Estate - Foreclosure Update September 2010

The short sale and foreclosure market has remained fairly steady in Hermosa Beachover the past months with the inventory remaining fairly steady with the number of new listings coming on the market equaling the number accepting offers.  There are currently 8 active listings with many more currently undergoing the short sale lender approval process.  Of the 8 homes 3 are single family homes, 3 are townhomes and 2 are condominiums.  For more information click on the images below or visit the Hermosa Beach foreclosures information site or to see a full list of current Hermosa Beach homes for sale visit the Hermosa Beach MLS listings site.Hermosa Beach real estate foreclosures

0 comments • Keith Kyle • September 02 2010 01:47PM