Real Estate in the Beach Cities: California: Redondo Beach: South Redondo

South Redondo Bank Owned - Foreclosure Update

The number of bank owned homes in South Redondo Beach has continued to be steady with any new pending or closed sales quickly being replaced with new listings and the overall number generally hovering under 10.  While bank owned homes, or REOs (Real Estate Owned) may not be quite the discounted price that is often seen in short sales, much of the delays, unknowns and aggrevations are alleviated.  Currently ther are 6 bank owned homes on the market with all of them being townhomes or foreclosures.  For an updated list of the foreclosures and short sales in Redondo Beach visit our distressed property page.

South Redondo Beach Foreclosures

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com, TorranceRealEstateHomes.com, ManhattanBeachLuxuryRealEstate.com and FindYourSouthBayHome.com offer the most comprehensive real estate destinations 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 commentsKeith Kyle • January 23 2012 11:40AM

South Redondo Beach Foreclosure Update

South Redondo Beach has seen a recent increase in both bank owned homes as well as short sales and notice of default filings.  The current bank owned homesrange from $369,900 for a 1 bedroom single family home on PCH to a large detached townhome at 807 Juanita.  View our updated South Redondo Beach foreclosure site for additional information.

Current Bank Owned Homes and REOs in South Redondo

 South Redondo Beach foreclosures and short sales

South Redondo Beach Short Sales

MLS# Type   Address  Price  Br/Ba Year Sqft Lot Size Type
S11086434 TWNHS/A 120 Lucia AV #F  $            550,000 2/3.00 1982/ASR 1538 2108 SPAY
S11074293 SFR/D 324 Calle Mayor   $            999,000 3/3.00 1973/SLR 2642 7800 FOR
11538921 SFR/D 222 JUANITA AV #A  $            799,000 3/3.00 2003 2075 6066 SPAY
S11073623 SFR/D 245 Calle Mayor   $        1,159,000 4/3.00 1959/ASR 2364 5620 SPAY
S11071844 CONDO/A 906 Camino Real #104  $            229,000 1/1.00 1970/ASR 748 1263 SPAY
S661288 CONDO/A 538 AVENUE A #7-A  $            339,000 1/1.00 1968/ASR 684 910 SPAY
S11069014 TWNHS/A 509 JUANITA AV #2  $            525,000 3/3.00 1981/ASR 1675   SPAY
I11078096 CONDO/A 531 Esplanade #511  $            626,436 2/3.00 1974/ASR 1246 296 FOR, SPAY
S11081652 TWNHS/A 109 Prospect AV #6  $            559,000 3/3.00 1980/ASR 1902 2165 SPAY
S11059690 TWNHS/A 80 Palos Verdes BL   $            600,000 2/3.00 2006/ASR 1380   SPAY
S11056415 CONDO/A 601 Prospect AV #301  $            315,000 2/2.00 1970/ASR 955 1006 SPAY
S11054529 TWNHS/A 404 Avenue G #29  $            540,000 3/3.00 1987/ASR 1541 2134 NOD
S11045756 CONDO/A 631 Prospect AV #104  $            399,000 3/2.00 1970/ASR 1290   SPAY
S11042419 TWNHS/A 159 Calle Mayor   $            599,950 2/3.00 1977/ASR 1545 2043 SPAY
S11033816 SFR/A 911 PROSPECT AV   $            659,999 4/2.00 1955/ASR 1575 5990 SPAY
V11026374 SFR/D 1306 Helberta AV   $            849,000 5/2.00 1953/ASR 1916 6410 SPAY
S11020400 SFR/A 440 Calle Mayor   $            999,000 4/2.00 1950 2218 6660 SPAY
P765606 SFR/D 407 IRENA AV   $        1,420,000 5/4.00 2003/ASR 4283 7689 SPAY
P758835 SFR/D 1023 EMERALD ST   $            430,000 1/1.00 1915/ASR 520 2130 SPAY
S11022734 CONDO/A 615 Esplanade #504  $            390,000 1/1.00 1971 719 327 NOD, SPAY
Y1101902 SFR/A 1005 DEL AMO ST   $            995,000 4/3.00 1989/ASR 4004 5790 NOD, SPAY
V10034397 TWNHS/A 209 Juanita AV #A  $            519,000 2/2.00 1978 1391 2034 SPAY
S11086072 SFR/D 722 Esplanade   $        1,499,900 4/3.00 2006/BLD 3224 4013 SPAY

 

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent 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 destinations 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 commentsKeith Kyle • July 14 2011 12:30PM

Looking For Oceanfront in the South Bay? Redondo Beach the most affordable option

Many potential buyers come to me in search of an oceanfront home.  Who wouldn't want to live in a place with panoramic views and the sounds of the surf?  Unfortunately homes on the beach or ocean front are rare and prices can often be overwhelming.  Prices on The Strand in Hermosa or Manhattan Beach can often top $10.0M.  The best option for an affordable ocean view or ocean front home is in South Redondo Beach

Seascape 2 View

Unlike homes on The Strand in Hermosa and Manhattan Beach, the zoning in Redondo allowed for condominium complexes to be built ranging in size from 400 foot ocean view studios to 2 and 3 bedroom penthouse units with over 2000 square feet. Some of the primary locations for these oceanfront units are:

Seascape I, II and III which can also be known as The Village.  Units range from ocean view studios priced in the high $200,000s to panoramic ocean view penthouse units priced close to $1.0M.  Some of the buildings offer resort like amenities.  Views are the real difference maker in terms of price with some buildings and units on lower floors having limited views.   The location is great as you can generally walk to the beach, King Harbor, shops, restaurants and more.

Esplanade- The Esplanade is the ocean front street that basically runs the length of South Redondo. There are several large buildings with ocean view and ocean front condos generally ranging from around $500,000 to well over $1.0M for ocean front units with panoramic views.  Most buildings are older but many of the units have been beautifully renovated.  The buildings themselves are generally oceanfront and some of the condos over stunning views but many of the units that are more often for sale are facing east, or blocked by other units or buildings.

Catalina - Catalina is just back off of the beach and some of the buildings offer some fantastic views but often the buildings overlook busy streets.  The location still allows the ability to walk to the beach and certainly take advantage of the ocean breezes.

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent 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 destinations 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 commentKeith Kyle • May 18 2011 03:43PM

Something's fishy here.....this listing just doesn't pass the smell test!

I have a new ocean view listing coming on the market in Redondo Beach and as is often the case, we've had to push out the date that we intend to bring it on the market.  The original plan was to list next week but we've postponed it by a week.  This isn't usual of course as this happens as final preparations take a little more time then planned, remodels aren't complete, the weather isn't cooperating, etc........

But this is a new one to me.

  Dead fish in Redondo     Fish in Redondo

Recently Redondo Beach and King Harbor made national news due to millions of fish getting themselves lost in the harbor and then getting themselves into enough of a frenzy to use all of the oxygen in the area and suffocating.  It was a truly amazing scene with fish everywhere, hundreds of onlookers and those with the unfortunate task of cleaning it up.  Unfortunately my soon to be listing is located in the Seascape buildings just east of King Harbor and although the clean up has happened, the smell lingers.  Just another day in California.

Redondo Beach real estate

Keith Kyle is a licensed Realtor, short sale specialist and Top Producing agent 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 destinations 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.

 

4 commentsKeith Kyle • March 24 2011 03:25PM

Tremendous Short Sale and Foreclosure Inventory in South Redondo Beach

South Redondo Beach Short Sale and REO Update - July 21st 2010

With a marked increase in short sale and bank owned listings in South Redondo Beach opportunities abound.  There are currently 20 distressed homes on the market in South Redondo with 17 short sales and 3 bank owned properties.  Of the 20 homes there are 6 single family homes, 8 condominiums and 6 townhomes.

In addition to the 20 homes in South Redondo there are 26 short sale and bank owned listings in North Redondo Beach.

Click below for more information on individual homes.

South Redondo Beach Foreclosures

South Redondo Foreclosure Update

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 commentKeith Kyle • July 21 2010 02:37AM

Ocean View Living in Redondo Beach - 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 I in Redondo Beach        Seascape One Patio

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 Two Penthouse Unit   Seascape 2

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

     Seascape 3 exterior       Seascape 3 PoolSeascape 3

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.

Keith Kyle is a licensed Realtor and e-Pro with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.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

 

0 commentsKeith Kyle • September 27 2009 09:02PM

June 2009 Update for The Village and Seascape in Redondo

Activity seems to be picking up in the condo market of South Redondo Beachwith several homes having recently gone into escrow.  At the same time, however, inventory remains high in Seascape I, II, and III and The Village with 14 condos currently for sale.

The Village in Redondo Beach real estate

As of May 1, 2009 there are currently 6 condos currently in escrow with 3 closed sales.  Price information is below.

The Village Pending and Closed Sales

Keith Kyle is a licensed Realtor and e-Pro with South Bay Brokers in Manhattan Beach.  He serves his clients throughout the South Bay and his websites KeithKyleHomes.com and FindYourSouthBayHome.comoffer 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

0 commentsKeith Kyle • June 23 2009 03:32PM