News and Views of the South Bay

Where have all the bank owned homes gone? Manhattan Beach Update

Keith Kyle (South Bay Brokers) — Fri, 10 Feb 2012 13:52:07 -0800

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.

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.

White Hot Real Estate Market in Fusion South Bay

Keith Kyle (South Bay Brokers) — Wed, 08 Feb 2012 01:55:23 -0800

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.

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 - A Manhattan and Redondo Beach Alternative

Keith Kyle (South Bay Brokers) — Wed, 01 Feb 2012 14:15:59 -0800

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.

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.

Spotlight in Redondo - 615 Esplanade - The Sand Castle

Keith Kyle (South Bay Brokers) — Mon, 23 Jan 2012 15:49:11 -0800

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 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 Sand Castle as seen from the Beach

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

South Redondo Bank Owned - Foreclosure Update

Keith Kyle (South Bay Brokers) — Mon, 23 Jan 2012 11:40:01 -0800

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.

Great weekend for Redondo Beach Open Houses....January 21st and 22nd

Keith Kyle (South Bay Brokers) — Thu, 19 Jan 2012 18:07:25 -0800

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.

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

3rd Annual Poker and Casino Night in Hermosa Beach

Keith Kyle (South Bay Brokers) — Wed, 12 Oct 2011 13:19:19 -0700

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.

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

Open Houses Abound For the Holiday Weekend......

Keith Kyle (South Bay Brokers) — Thu, 01 Sep 2011 15:06:46 -0700

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.

Video Tour of the Esplanade in Redondo Beach

Keith Kyle (South Bay Brokers) — Wed, 24 Aug 2011 17:06:57 -0700

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 Impacted by Short Sales

Keith Kyle (South Bay Brokers) — Wed, 10 Aug 2011 01:08:54 -0700

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.

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.

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

South Redondo Beach Foreclosure Update

Keith Kyle (South Bay Brokers) — Thu, 14 Jul 2011 12:30:12 -0700

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 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.

So What is a 3 on a Lot Townhome - Understanding Redondo Beach Real Estate

Keith Kyle (South Bay Brokers) — Mon, 27 Jun 2011 14:44:04 -0700

Redondo Beach offers a wide variety of housing options for just about everyone's budget. While many buyers originally come to me in search of a single family home, they often find that they're priced out of the single family home market in Redondo. Most are hesitant when they hear the word townhome picturing a complex of hundreds of units but that's not always the case. In the South Bay, and most prominently in Redondo Beach, we have what's known as 3 on a lot and two on a lot townhomes. 3 on a lot towhomes are more prevalent in Redondo Beach than the surrounding communities due to the zoning and the large lots. Basically the original bungalow or duplex built in the 40s and 50s were torn down at some point and the zoning allowed for multi unit buildings. Three on a lot townhomes definitely have somewhat of a single family feel and compared with single family homes in similar price ranges (if there are any) they are far newer, larger, and more upgraded.

Prices for these type homes range fairly dramatically based on age and location with the lowest recent sale priced at $440,000 which was a short sale and basically an unheard of price (at least $85K below market value) up to almost $900K for a townhome in South Redondo within walking distance to the beach

Click here to view the current townhomes for sale in Redondo Beach

New 3 on a Lot Townhome	Typical Yard of Rear Unit	Older 3 on a Lot Townhome
1990s Built Townhome Master	Newer Construction Kitchen	Partially Updated Kitchen

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.

TV or Not TV.....that is the question (at open houses that is)

Keith Kyle (South Bay Brokers) — Sat, 10 Apr 2010 16:22:01 -0700

As I was driving to my open house today and was listening to the Masters golf tournament I started to wonder whether I could, and more importantly should, have it on at my open house. I have certainly held many homes open and often times there is something compelling on at the time (Dodgers or Laker playoffs, final four...I assume you can tell that I'm from Los Angeles and also a sports fan) and in the past I've turned the TV on to these events if the open house is slow. The reaction is often good as the potential home buyers often linger a bit longer and we get to talking, but I wondered what other Realtors out there think as I'm sure you all have different ideas of how to successfully hold open houses.

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 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.

Hot Market in Fusion South Bay

Keith Kyle (South Bay Brokers) — Mon, 05 Apr 2010 01:40:35 -0700

Posted April 4, 2010

The real estate market in Fusion South Baycontinues to be very active with 8 homes currently for sale and all but one of them in escrow. Only the 2 bedroom unit at 5412 #10 is currently available with 7 homes currently at some point in the escrow process. Fusion South Bay is a fantastic community built in 2006 and is in the Hollyglen neighborhood of Hawthorne, adjacent to Manhattan Beach. Of the 8 homes only 2 are short sales which is very unusual for homes built in 2006 which was the peak of the South Bay market. Visit our Fusion South Bay page for information on current homes for sale.

Hollyglen Market Update - Inventory Up in February 2010

Keith Kyle (South Bay Brokers) — Sun, 14 Feb 2010 23:53:20 -0800

One of the more hidden neighborhoods in the South Bay is the area of Hawthorne known as Hollyglen. With it's own award winning school system, tree lined and inviting neighborhoods with only single family home, and a great location Hollyglen is a great option for many buyers that find themselves priced out of nearby El Segundo, Redondo Beach and Manhattan Beach. As the area is fairly small and the demand is usually quite high, homes often sell quickly and prices have held firm. The inventory of homes west of the 405 San Diego Freeway hasn't been this high in quite a while and the average days on market of 80 is very unusual.

Currently there are 6 active single family homes on the market with an additional 3 currently in escrow. The average price of the active Hollyglen homes for sale is around $579,000, with the average of pending sales being $554,000. Since September 2009 there have been 21 closed home sales with the average closing price being just under $524,000 and the homes can be viewed on our Hollyglen recent sales page. View the current listings and pending sales below and click on any listing to see additional information.

100 Spindrift in the Portuguese Bend Club - Rancho Palos Verdes $1,069,000

Keith Kyle (South Bay Brokers) — Sat, 23 Jan 2010 02:12:15 -0800

Welcome to paradise! Fantastic panoramic ocean views from this ideal beach home.

Keith Kyle | www.KeithKyleHomes.com | South Bay Brokers | 310-546-7611

100 Spindrift Dr, Rancho Palos Verdes, CA

Perfect beach home with endless ocean and Catalina views!

2BR/1BA Fantastic Beach House

offered at $1,069,000

Year Built	1954
Sq Footage	810
Bedrooms	2
Bathrooms	1
Floors	1
Parking	Carport
Lot Size	4,600 sqft
HOA/Maint	$300 per month

DESCRIPTION

Imagine going to sleep to the sounds of the waves crashing just outside and waking up to a view of the endless blue of the Pacific Ocean. Located in the almost secret gated community of the Portuguese Bend Club, the home offers unblockable views from the living room and kitchen and the potential to add an ocean view balcony or plenty of yard to
build your future dream home. If you are looking for a quiet place to sit and enjoy endless views of the ocean and Catalina, or a perfect weekend beach home offering privacy, security and tranquility. The PBC has it's own beach club with palapas, playgrounds, tennis courts and even a lifeguard. Come and take a look at this amazing opportunity

see additional photos below

PROPERTY FEATURES

- Open Beamed Ceilings	- All new windows	- Ocean vie kitchen
- Dishwasher, Refrigerator, Gas Stove	- Private gated community	- Plenty of storage
- Beautiful fireplace	- Laundry area	- Yard

COMMUNITY FEATURES

- Paddle Tennis court(s)	Private Beach and Lifeguard	-Kids play area
- Home comes with beach access	Barbaque and picnic areas	-Kayak storage

OTHER SPECIAL FEATURES

- Panoramic ocean views

- Private Beach

- Guard gated community

- Paddle tennis, volleyball courts, playground and more

ADDITIONAL PHOTOS

Welcome to Paradise!	Room to expand
Inviting Patio with Ocean Views	Bright and Open Bedrooms
Open Beamed Ceilings	Just on the beach

Contact info:

Keith Kyle

South Bay Brokers

310-546-7611

DRE# 01712785

Equal Opportunity Housing

Posted: Jan 22, 2010, 7:21pm PST

North Redondo Beach Foreclosure and Short Sale Update

Keith Kyle (South Bay Brokers) — Sun, 03 Jan 2010 23:28:07 -0800

Well with the holidays winding down and the market getting ready to ramp up it's time to take a look at some South Bay real estate markets to see what is happening in the world of short sales, bank owned homes and other distressed properties.

North Redondo Beachhas seen the bulk of the distressed sales in the South Bay and there are currently 9 active properties. Of the 9 homes all are short sales except for the home at 506 Phelan, Redondo Beach which is a REO or bank owned home. 6 of the properties are single family homes and 3 are Although much has been made of both short sales and bank owned homes read our post on Short Sales and Bank Owned Homes and what the difference means to the home buyer. While current traditional North Redondo Beach home listingsfar outweigh the number of distressed sales there are some tremendous opportunities for home buyers looking in this area.

Keith Kyle is a licensed Realtor and e-Pro with South Bay Brokers in Manhattan Beach and is very active in the short sale real estate market. 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. For more information on the South Bay, visit my Beach Cities Real Estate blog.

Do certain cities even have standard sales anymore?

Keith Kyle (South Bay Brokers) — Tue, 22 Dec 2009 01:45:17 -0800

As I work with a number of short sale sellers and buyers I do realize that the market has been dramatically impacted by these distressed sales.....but the reality even surprises me once in a while. I was just doing a quick search of single family homes in Gardena California, for homes with 3 bedrooms and priced under $400,000. Now granted that anything in the South Bay under $400,000 is a reach but I just couldn't believe the results.

Of the 18 homes priced under $400,000 that are currently active, 13 of them are "distressed" sales with 12 short sales and one bank owned....that's over 72%! While this makes for some great opportunities for buyers, it looks as though we'll continue to have some downward pressure on prices for a while.

MLS #	Type	St#	St Name	Price	Br/Ba	Sqft	SType
P701480	SFR/D	15532	FAYSMITH AV	$ 349,000	3/1.00	1001	SPAY
F1828904	SFR/A	15436	ERMANITA AV	$ 350,000	3/1.00	1008	SPAY
P713657	SFR/D	2717	146TH ST	$ 400,000	5/2.00	1600
F1821898	SFR/D	2924	139TH ST	$ 275,000	3/4.00	1591	PRO
S09029451	SFR/A	12924	Arcturus AV	$ 355,000	3/2.00	1823	SPAY
Y906026	SFR/D	1046	132ND ST	$ 260,000	3/1.00	1056	SPAY
F1799548	SFR/D	1131	133RD ST	$ 275,000	4/2.00	1716	SPAY
R904864	SFR/D	13617	ARCTURUS AV	$ 295,000	3/2.00	1658	SPAY
S09108684	SFR/D	3338	Marine AV	$ 310,000	4/2.00	1374	FOR
F1825055	SFR/A	15619	DEBLYNN AV	$ 315,000	5/2.00	1794	SPAY
Y903547	SFR/A	522	147TH ST	$ 350,000	3/2.00	1198
F1818215	SFR/D	1012	AMBER PL	$ 365,000	3/1.00	1655	SPAY
S09104330	SFR/D	15305	Parron AV	$ 399,000	3/2.00	1226	SPAY
Y905340	SFR/D	741	129TH ST	$ 215,000	3/2.00	1887	REO
N09017169	SFR/A	15067	Dublin AV	$ 379,000	3/1.00	1192	STD
9415627	SFR/D	12900	CIMARRON AV	$ 300,000	3/2.00	1124
9374097	SFR/D	16417	HOBART	$ 399,900	5/3.00	2208	SPAY
P2120980	SFR/D	15551	LORELLA AV	$ 285,000	3/2.00	1102	SPAY

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. For more information on the South Bay, visit my Beach Cities Real Estate blog.

Remembering one of the reasons this is a great business....

Keith Kyle (South Bay Brokers) — Tue, 22 Dec 2009 00:41:00 -0800

I like a lot of aspects of what I do.....from helping people, to being my own boss, to running my own business. I think that I appreciate things as much as anyone, but every once in a while something happens that makes me realize just how much this really is about helping people.

I had the final walk through of a townhome in Redondo on Sunday and had the whole family show up. Mom and dad had seen the house of course, but their seven 6 year old son hadn't. As we walked through the house they pointed out where his bedroom was going to be and the look on his face was just priceless. He was just so happy to be moving into his new home and proceeded to walk me around to "his" bathroom" and gave me a tour of his new house.

Sometimes real estate can be pretty cool.....

New Listing in Redondo Beach - 1809 Phelan, Redondo Beach CA 90278

Keith Kyle (South Bay Brokers) — Wed, 14 Oct 2009 00:34:40 -0700

Come by on Thursday October 15th from 12-2 to have a look.

Keith Kyle | South Bay Brokers | 310-546-7611| www.KeithKyleHomes.com

1809 Phelan, Redondo Beach, CA

Charming 3 Bedroom Redondo Single Family Home for Condo Price

3BR/1BA Single Family House

offered at $525,000

Year Built	1957
Sq Footage	912
Bedrooms	3
Bathrooms	1
Floors	1
Parking	1 Car garage
Lot Size	3,000 sqft
HOA/Maint

DESCRIPTION

This is your opportunity to own a wonderful single family home in North Redondo Beach for less than most condos. The home has been meticulously maintained and lovingly taken care of. The home features a bright and open kitchen and dining area, hardwood floors, a private patio and back yard and is located walking distance to parks, shopping and dining.....and just a short drive to the beach.

see additional photos below

PROPERTY FEATURES

- Hardwood floor	- Living room	- Dining room
- Dishwasher	- Refrigerator	- Stove/Oven
- Microwave	- Washer	- Dryer
- Laundry area - garage	- Balcony, Deck, or Patio	- Yard

ADDITIONAL PHOTOS

Welcome home	Bright bedrooms
Living room	Private patio and yard
Bright and open kitchen	2nd Bedroom

Contact info:

Keith Kyle

South Bay Brokers

310-546-7611

For sale by agent/broker

Equal Opportunity Housing

Posted: Oct 13, 2009, 8:02pm PDT

Ocean View Living in Redondo Beach - Seascape I, II, and III

Keith Kyle (South Bay Brokers) — Sun, 27 Sep 2009 21:02:09 -0700

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.

Looking to buy in Carson.....be prepared for a short sale

Keith Kyle (South Bay Brokers) — Thu, 17 Sep 2009 20:03:41 -0700

I was just on the MLS setting up appointments for showing tomorrow with my client. He's interested in finding a newer townhome in Carson and generally in the $375,000-$425,000 price range. In searching the homes that he's interested in seeing it never ceases to amaze me the sheer volume of short sales. Of the ten homes he's hoping to see....9 of them are short sales. As Carson is one of the lower priced areas of the South Bay, it shouldn't be surprising that it was one of the hardest hit communities, but it makes it a challenge for both buyers and sellers. Click here to view the current Carson real estate listings.

About the Author

North Redondo Beach Foreclosure and Short Sale Update for June 2009

Keith Kyle (South Bay Brokers) — Tue, 30 Jun 2009 01:15:00 -0700

There continues to be an increase of homes on the market in North Redondo Beach at some stage of the foreclosure process. There are currently 15 "distressed" homes on the market in North Redondo (areas 151-154) with 7 of them single family homes and the remaining 8 being a mix of condos and townhomes. Of the 15 homes on the market 12 are short sales with 3 being bank owned homes or REO properties. Click here for a current list of North Redondo bank owned and short sale homes.

June 2009 Update for The Village and Seascape in Redondo

Keith Kyle (South Bay Brokers) — Tue, 23 Jun 2009 15:32:19 -0700

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.

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

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

Fusion South Bay Home Update - May 18, 2009

Keith Kyle (South Bay Brokers) — Mon, 18 May 2009 14:00:00 -0700

Activity continues to increase in Fusion South Bay with both a variety of sizes and floorplans, but a combination of traditional sales, short sales, and one for sale by owner. There are currently 6 homes in Fusion on the market with 4 active listings and 2 that have gone into escrow. In addition there may be two new listings coming onto the market that we know of in the coming weeks. See below for some basic information on the homes currently active and in escrow.