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It was only a few weeks ago when the inventory of distressed homes hovered at around 10 and it's been that way for the past 6 months with any short sales or bank owned homes in Manhattan Beach being quickly replaced by a new listing.  That's certainly changed with only 2 current distressed active MLS listings and now 9 pending home sales which is absolutely an amazing turn of events.  Manhattan Beach

Below is a list of the current "active" distressed MLS listings in Manhattan Beach along with a list of the current pending home sales.

Status MLS# Type   Address Price
Br/Ba
Year Sqft Sale Type
Active S12017741 TWNHS/A 748 Manhattan Beach BL #B $750,000
3/3.00
1977/ASR 1407 SPAY
Active S11159462 TWNHS/A 4 Bermuda CT $649,000
2/2.00
1987/ASR 1465 SPAY
                   
In Escrow S11133847 TWNHS/A 3101 Vista DR $1,499,000
3/4.00
2003/APP 2363 SPAY
In Escrow S11155466 SFR/D 329 19th ST $2,295,000
4/4.00
2001/ASR 3632 SPAY
In Escrow S12002240 SFR/D 2600 Oak AV $724,900
2/1.00
1948/ASR 792 REO
In Escrow S12008148 SFR/D 2401 Oak AV $879,000
3/2.00
1948/ASR 1161 SPAY
In Escrow 10462623 SFR/D 234 LARSSON ST $1,000,000
3/3.00
1980 2307 SPAY
In Escrow S11151519 SFR/D 1205 23rd ST $1,299,000
5/5.00
2002/ASR 3513 REO
In Escrow S11121389 TWNHS/A 1202 Tennyson ST #4 $719,000
3/3.00
2006/ASR 1755 SPAY
In Escrow S11125442 SFR/D 1633 Nelson AV $825,000
2/2.00
1953/EST 1511 SPAY
In Escrow S12013501 SFR/D 1447 8th $1,399,000
4/4.00
1991/ASR 3900 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, 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.

 

 

While the market for townhomes in Fusion had slowed to a virtual stop due to the pending litigation against the builder, that issue has been resolved, lenders are once again financing, and the abundant inventory has just about withered down to nothing.  What was a great opportunity for buyers may be short lived as the inventory is now so far down.  2011 saw a total of 2 sales in Fusion, of which both were all cash buyers.  2012 couldn't have started of more drastically different with 6 townhomes currently in escrow.  To view Fusion floorplans and currently active homes for sale in Fusion visit our Fusion townhome information page.

Fusion South Bay pending home sales

In addition to the pending home sales there are 3 townhomes for sale ranging from the smallest 2 bedroom unit to a large 3 bedroom unit at 5403 149th Place currently listed at $549,000.

Fusion South Bay homes for sale

 

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.

 

 

I have sold a number of homes in the gated community of Fusion South Bay and often times the home search starts elsewhere.  It is just east of Manhattan Beach and just north of Redondo Beach and it is located in an unincorporated part of Hawthorne known as Hollyglen.  

Fusion South Bay

Although it doesn't quite enjoy the status of both Manhattan or Hermosa, it also doesn't come with the same price tag which is how I often end up showing homes there.  The typical buyer is a first time buyer currently living in the Beach Cities and hoping to make their transition into home ownership.  The challenge that we often run into is that in the usual sub $500K price range, the options in North Redondo Beach are often fairly old with few upgrades.  The price range in Manhattan Beach is virtually non-existent.  The townhomes of Fusion are often a great alternative.  The complex offers a comparable location and for the same, or less money, you just get more.  Built from 2005-2007, the homes are newer, more upgraded, often larger with landscaped grounds, pool, spa and some nice entertainment areas.  The units range from smaller A and B units with 2 bedrooms and a one car garage, to larger 3 bedroom units with over 1700 square feet.  In addition the complex is located in a pocket that is within the award winning Wiseburn School District.  Visit our Fusion Townhome MLS listings page for the current units for sale.  In years past values were almost exclusively $500K+ but with recent events including a now resolved litigation threat, and a number of foreclosures and short sales, some units have sold in the high $300s....for very nice homes.

fusion south bay 

 

As part of our ongoing tour of South Redondo Beach real estate, today we take a look at one of the oceanfront condominium complexes in South Redondo Beach known as The Sand Castle.  The Sandcastle is located at 615 Esplanade.  The Sand Castle consists of two buildings with panoramic ocean views from both (the exception is the 5th floor which is actually the 1st floor of the rear building.  The 5th floor does have views but overlooks the roof of the front building so no sand or wave views which makes that location more affordable and less valuable).  The Sand Castle has 96 units of which most are 1 bedroom with 719 square feet.  The layout has the bedroom in the back with the kitchen in the middle overlooking the living room in the front.  As mentioned above most units directly overlook the sand and surf making this a great place to own as a beach house, rental unit, or vacation home. 

         Panoramic ocean views in Redondo Beach            5th floor partial ocean view in Redondo Beach

          Panoramic views and sounds of the ocean                 View of a 5th floor unit with partial views

 There are a few larger units but sales are very rare with the last 2 bedroom selling in 2007 for $772,500 and a very unique 4 bedroom penthouse (was originally 2 2 bedroom unitsthat were combined) selling in 2010 for over $1.5M.  The larger 2 bedrooms are only top floor units (both buildings) so views are unbelievable.  One bedroom units have sold for a low of $335,000 for a bank owned on the 5th floor (limited views) to over $600,000 for a remodeled oceanfront unit.

The Sandcastle Oceanfront Esplanade in Redondo Beach

 The Sand Castle as seen from the Beach

Click on the video below to tak a tour of the Redondo Beach oceanfront home options

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.

 

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.

 

Whether you're looking for something oceanfront on the Esplanade or an entry level condo in Brookside Village, there is ample opportunity to take a look at your future home in Redondo Beach this weekend.  The market has picked up and there are a lot of homes to see.

hollywood riviera torrance

 View all Redondo Beach MLS real estate listings

Days

Hours

Address

Description

Price

Sun.

1-4

900 Camino Real #102

2 BD, 2 BA,Beautiful Remodel, Great Condition

$329,000

Sat.

1-4

601 S. Prospect Ave. #305

2 BD, 1 BA, Loft Unit,
Hardwood Floors

$329,000

Sat. & Sun.

1-3

609 Meyer Ln. #7

2 BD, 1.5 BA, Remodeled,
Unit, RB Sunset Views

$419,000

Sun.

1-4

2112 Warfield #9

2 BD, 2 BA, Sunny Delight, Great location

$449,000

Sat. & Sun.

1-3

2601 Rockefeller #7

3 BD, 2.5 BA, Spacious
Private Twnhm, Lg. Patio

$499,000

Sat. & Sun.

1-3

609 Meyer Ln. #2

2 BD, 2.5 BA, Lg. Twnhm.
Updated Kitchen

$499,000

Sat. & Sun.

2-4

1505 Carver

2 BD, 1 BA, Remodeled

$499,900

Sun.

1-4

506 N. Helberta #3

2 BD, 2.5 BA, Bonus Rm.
So. Redondo Starter

$555,000

Sun.

1-4

402 Avenue G. #23

3 BD, 3 BA, 1,541 sq. ft.

$575,000

Sun.

1-4

502 S. Maria Ave.

3 BD, 2.5 BA, Low Hoa
Single Family

$597,000

Sun.

1-4

2609 Grant Ave. #C

3 BD, 2.5 BA, Backyard

$599,900

Sun.

1-4

709 N. Juanita #5

3 BD, 2 BA,
Panoramic Ocean View

$609,000

Sat. & Sun.

1-4

630 Meyer Ln. #A

3 BD,2.5 BA,Attch.Twnhm
Immaculate End Unit

$648,000

Sun.

1-4

2608 160th St.

3 BD, 3 BA,
Great Family Home

$699,000

Sat. & Sun.

2-4

803 Emerald St.

3 BD, New listing, Over
2,400 sq. ft. Opn Flr Plan

$769,000

Sat. & Sun.

1-4

1756 Ford

3 BD, 2.5 BA,
2006 sq. ft. New

$799,000

Sat.

1-4

3011 Johnston Ave.

2 BD, 1 BA,
Home Plus Guest House

$799,000

Sun.

1-4

315 Garnet St. #F

4 BD, + Bonus, 3.5 BA,
Extensive Built-ins O/V

$824,999

Sun.

1-4

1305 Rindge Lane

4 BD, 2.5 BA,
Beautiful Property

$875,000

Sun.

1-4

1218 Harper

3 BD, 2.5 BA,
Incredible Views

$879,000

Sat.

1-4

237 N. Irena Ave. #B

5 BD, 4 BA,
Private Backyard

$879,000

Sat.

2-4

625 S. Broadway #3

4 BD, 3.5 BA, 2,656 sq. ft.

$879,000

Sun.

2-4

413 Emerald St.

3 BD, 2.5 BA,
Classic 1908

$899,000

Sat. & Sun.

1-4

1808 Belmont Ln.

4 BD, 3 BA, SFR,
Brand New

$1,189,900

Sat. & Sun.

1-4

1915 Graham Ave.

5 BD, 4.5 BA, Detached
Twnhm. 1 of a Kind

$1,250,000

Sat. & Sun.

1-4

722 Esplanade

4 BD, 3.5 BA,Ocean View,
For Sale or Lease, SFR

$1,769,000

 

Benefitting the Hermosa Beach Education Foundation, this Saturday, October 15th the Hermosa Beach Firefighters association will be hosting the 3rd annual poker and casino night at Sangria at Pier Plaza.

Hermosa Beach pier plaza

Information from the Hermosa Beach Firefighters website:

Benefiting the Hermosa Beach Ed Foundation

Saturday, Oct 15, 2011

Poker starts 5:30pm
Casino Night 5:30pm

Sangria Restaurant
68 Pier Avenue
Hermosa Beach

Poker Night includes:
- Seat at Poker Event
- Entrance to Casino Night
- Silent Auction/music
- Hors d’oeuvres/no host bar
- Poker prizes – including a 2 night Stay at the Hard Rock Casino & Hotel in Las Vegas, Los Angeles Kings Hockey tickets and signed memorabilia, I Pad2, I touch, Apple TV and more

Casino Night includes:
- Casino prizes – including a Women’s Strand Crusier Bike, Dinner at the Firehouse and more
- Silent auction/music
- Hors d’oeuvres/no host bar
- $150 Casino “play money”

Silent Auction items include- Private Wine Dinner for 10 People, Sonoma Wine Experience includes stay at the Fairmont Sonoma Mission Inn, Whole Foods Gift Basket, Big 5 Sporting Goods gift cards and more

 

Redondo Beach open houses for the Labor Day weekend.

What better way of spending the long weekend (other than the beach, park, etc of course) than checking out the local real estate offerings in Redondo Beach.  There are a number of open houses this weekend ranging from

 

Day

Hours

Address

Description

Price

Sun.

1-4

1308 Carmelita Ave.

2 BD, 1.5 BA, Bonus Rm.
Golden Hills

$489,900

Sun.

1-4

2609 Grant Ave. #C

3 BD, 2.5 BA, Office,
Private Rear Unit w/Yard

$599,900

Sun.

1:30-4:30

506 N. Helberta #3

2 BD, 2.5 BA,
Panoramic Ocn. Vu.

$600,000

Sun.

1-4

1112 Stanford Ave.

3 BD, 2 BA, Desirable
Golden Hills

$619,900

Sun.

1-4

442 Calle Miramar

3 BD, 2.5 BA,
Ocean View

$650,000

Sun.

1-4

502 S. Maria Ave.

3 BD, 2.5BA,Freestanding
Townhome

$650,000

Sun.

2-4

2514 Huntington Ln. #A

4 BD, 2.5 BA, Lovely

$669,000

Sat.

1-4

2210 Dufour Ave.

4 BD, 2 BA,
Large 7500 sf lot

$685,000

Sat/Sun/Mon.

2-4

528 Garnet St.

4 BD, 1.5 BA + Den, O/V,
Big Yard, Corner lot

$719,000

Sun.

1-4

1544 Stanford Ave.

3 BD, 2.5 BA,
Remodeled Kitchen

$740,000

Sun.

2-4

1813 Belmont #B

4 BD, 2.5 BA

$829,000

Sat. & Sun.

1-4

1824 Harper Ln.

3 BD, 2.5 BA, + Office,
Turnkey

$839,000

Sun.

1-4

315 Garnet St. #F

4 BD, 3.5 BA, + Bonus
Extensive Built-ins, O/V

$839,900

Sun.

1-4

2023 Ruhland

4 BD, 2.5 BA, Corner

$925,000

Sat/Sun/Mon.

1-4

123 S. Guadalupe

4 BD, 3 BA, Brand New
Townhomes

$999,000

Sat. & Sun.

1-4

206 S. Lucia

SFR w/plans for 3 Twnhm.

$999,000

Sun.

1-5

606 Paseo De La Playa

3 BD, 2 BA,
Ultimate Beach Pad

$999,000

Sat. & Sun.

1-4

208 S. Juanita #A

4 BD, 4.5 BA, Twnhm
New detached, Ocn. Vu.

$1,029,000

Sat. & Sun.

1-4

208 S. Juanita #B

4 BD, 4.5 BA, Twnhm
New detached, Ocn. Vu.

$1,099,000

Sun.

1-4

864 Avenue A

4 BD, 3.5 BA, 3500 sf,
Huge Garage

$1,149,000

Sat. & Sun.

1-4

2000 Robinson

5 BD, Distinguished
New construction

$1,295,000

Sat. & Sun.

1-4

515 S. Lucia

5 BD, 3 BA,
Ocean View

$1,499,000

Sun.

2-5

144 Camino De Las Colinas

4 BD, 4 BA, Office

$1,895,000

 

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.

 

Unlike Manhattan Beach and Hermosa Beach, Redondo Beach offers a much wider variety of housing options and living ocean front may be more affordable than you think.  In this tour we'll take a quick look at the first 3 ocean front buildings on the Esplanade, the bluff top street overlooking the beach.  In this tour we'll show you the 531 Esplanade building known as the Ocean Plaza, the 535 Esplanade building known as Casa Bahia, and the 565 Buildings known as the Surfrider.  All were built in the 1970s with some condos for sale having been completely remodeled while others are fairly original.  All three buildings have a limited amount of ocean front condos with the majority having partial ocean views.

 

 

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.

 

 

Fusion South Bay, one of the few relatively newer construction complexes in the Beach Cities vicinity has been hit rather hard by a wave of short sale listings which have certainly impacted prices.  As the first wave of owners primarily bought when construction was finished in 2005-2007 unfortunately this was at the very peak of market prices.  Currently there are an abundance of listings with very few sales partly due to a potential litigation against the builder.  While certain lenders are still doing loans in Fusion, it has slowed down sales fairly dramatically compared with the brisk sales of late 2010.

Fusion South Bay Townhomes

There has only been one sale in the past few months and ironically the buyers flipped the home and it is now the only current pending sale.

Fusion South Bay Market Update

MLS# Type   Address
 Price 
Br/Ba Year Sq Feet SType
11542249 CONDO 5512 149TH PL #7  $            419,000 2/2.00 2006 1003 STD
11529597 CONDO 5404 149TH PL #8  $            459,000 2/2.00 2007 1003 STD
11532421 TWNHS 5404 149TH PL #8  $            469,000 2/2.00 2007   STD
S11061848 TWNHS/A 5410 149th PL #1  $            499,000 2/3.00 2007/ASR 1208 SPAY
S11065671 TWNHS/A 5403 149th PL #1  $            499,000 2/3.00 2007/ASR 1208 SPAY
S11070981 TWNHS/A 5412 149th PL #14  $            499,000 2/3.00 2007/ASR 1410 SPAY
S11021943 CONDO/A 5511 149th PL #12  $            558,888 3/2.00 2006/ASR 1410 SPAY
S11039182 TWNHS/A 5401 149th PL #11  $            579,000 3/3.00 2007/BLD 1790 STD
S664356 CONDO/A 5410 149TH PL #11  $            589,999 3/3.00 2007 1790 STD
S11080726 TWNHS/A 5403 149th PL #6  $            598,779 3/3.00 2007/ASR 1660 STD
 
 
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Keith Kyle

Redondo Beach, CA

More about me…

South Bay Brokers

Address: 2501 N Sepulveda Blvd, Manhattan Beach, CA, 90266

Office Phone: (310) 546-7611 x 366

Cell Phone: (310) 251-2344

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