Top Floor Condo With Huge Ocean Views at 520 The Village #412
The oceanview condo market has definitely picked up the pace in 2023 with some great new listings hitting the South Redondo market. The newest luxury condo for sale in South Redondo Beach is a rare top floor penthouse unit offering not only the usual two bedroom
layout but the bonus of an upstairs oceanview loft and deck. The additional space brings the total square footage to over 2,000 and the views from both levels are amazing. This beautiful property is listed by Rob McGarry of Vista Sotheby’s International Realty.
The home has been updated with a newer kitchen, new carpet, paint upgraded baths and more.
The Seascape 3 HOA fees are always high being close to $1000 a month. There is an approximately $50K per unit special assessment but the seller has already paid this….so the bill is taken care of.
Seascape 3 is ideally located behind the Redondo Beach Pier and King Harbor and is just a short stroll to the beach and bikepath.
520 The Village Unit #412 Redondo Beach Basics
- 2 bedrooms + loft
- 2 bathrooms
- 2,048 square feet (BTV)
- HOA $995 monthly
- Listed at $1,325,000
- Listed by Rob McGarry – Vista Sotheby’s International – 310-463-8488
520 The Village Unit#412, Redondo Beach, CA 90277 – Listed at $1,325,000
This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
The Village. Although it’s a bit dated with tile countertops and older cabinets in the bathrooms, it’s in very nice condition. It’s an end unit so the great news is that it has extra windows making for a very bright interior…..the downside is that it’s the unit closest to fairly busy Catalina Ave so it’s a bit busy out the back bedroom window. It has a decent ocean view from the balcony but no real view from inside the unit. HOAs are always high in Seascape 3 and there’s an approximately $50K per unit special assessment that the seller isn’t planning on paying so that needs to be factored into value.
2021 saw an impressive 77 on market home, condo and townhome sales closing during the month. The average “list” price of the homes that closed escrow during the month was $1,441,772 with the average “sold” price at $1,407,759 meaning that homes generally sold lower than the asking price. This was the first month in which sold prices were lower than list prices in quite a while. Homes averaged 30 days on the market before going into escrow with a median DOM of only 9 days. Average price per foot was $$811.