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First Time Homebuyers in Redondo Beach! What can you buy under $700,000?

By
Real Estate Agent with RE/MAX ESTATE PROPERTIES DRE#00856344/01412581

There are currently 31 single family homes for sale in all of North and South Redondo priced under $700,000. The average market time for these homes is 91 days. 

The lowest priced single family home in Redondo is a short sale( A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than is actually owed) located in North Redondo at 2508 Fisk Lane. It is a 3 bedroom/2 bath home with 1,200 sq.ft listed for $430,000.


There are currently 9 homes for sale in all of Redondo under $500,000

There are 41 town homes in North and South Redondo under $700,000. The lowest priced town home is a short sale located in North Redondo at 182nd st. It is a 2 bedroom, 3 bath with 1,277 square feet. The average market time for a condo under $700k in Redondo is currently 87 days.

There are 27 condos for sale in North and South Redondo under $700,000. The lowest priced condo is located in South Redondo just above the Redondo Pier and Beach. It is a REO (REAL ESTATE OWNED property, is a property that a mortgage lender takes back into its ‘care’ as a result of a foreclosure on a home that has not yielded a buyer during a foreclosure sale. There maybe many reasons why a foreclosure sale by the mortgage lender fails (these will be looked at later), leading to a REO sale. The fact that the house is being sold as a REO property should not detract the buyer from the property. In most cases there is nothing suspect, or wrong, with the property that is for sale by the lender, other than the fact that the previous owner could not afford the payments.) 610 the Village #109. It has 1 bedroom.1 bath and 619 square feet. The Village offers direct access to the pier, two pools, a new fitness center and a little convenience store. 

If you would like to receive the photos and all the details of home for sale in Redondo Beach please contact me. If you are a first time homebuyer with questions I would love to help.

Posted by

 

THE TYNDALL TEAM at RE/MAX ESTATE PROPERTIES

63 Malaga Cove Plaza, Palos Verdes Estates, CA 90274

 

CONTACT US:

cell: (310)872-6358

email: Kathyandrachel@gmail.com

 SEARCH ALL HOMES FOR SALE IN PALOS VERDES AND THE BEACH CITIES

*all information deemed reliable but not guaranteed “Based on information from the Association of REALTORS®/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.”

Comments (1)

Jason Geary
First American Title - Highland, CA

Thanks for the update and info Rachel & Kathy!

Jan 24, 2012 03:22 AM