The newest addition to the oceanview condo market in Redondo Beach CA is 2 bedroom 2nd floor condo located in Seascape 3 at 520 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.
520 The Village Unit#213 Redondo Beach Basics
2 bedrooms
2 bathrooms
1,501 square feet (BTV)
HOA $855 monthly + special assessment
Listed at $1,149,000
Listed by Juan Huizar & Caleb Baldwin – Sage Real Estate – 562-400-7622
CoLO: Sage Real Estate
The newest addition to the oceanview condo market in Redondo Beach CA is a fairly rare 2nd floor two bedroom condo with an asking price of $1,000,000. As with all of the 2 bedroom condos this is the furthest west and closest to the water so the views are usually much better and more direct than the one bedrooms. This home was listed at $1,500,000 back in 2021 but didn’t appear to really be for sale at the time and the sellers had other reasons for listing at that price point. Given that the last 2 two bedroom condos sold for $1,100,000 and $1,147,000 we think this will sell pretty quickly.
The home has a nicely updated kitchen and is in great shape with very nice ocean and harbor views.
620 The Village #217 Redondo Beach Basics
2 bedrooms
2 bathrooms
938 square feet (BTV)
HOA $310 monthly
Listed at $1,100,000
Listed by Maria Hernandez – M. Elena Hernandez Realty -661-873-4711
Let’s take a look a the Redondo Beach homes that sold in June of 2022.
It was a busy month for Redondo Beach real estate with 76 on MLS home sales compared with only 60 in May….even more impressive were the prices. Homes generally went into escrow in just about a week and sold over $75,000 above the list prices (on average)
The average “asking” price was a pretty massive $1,612,354 with the average sold price at $1,693,480 meaning that, in general, homes sold pretty dramatically over the original list price.
The average price per foot was $927 and homes only averaged 9 days on market before going into pending status.
Two of the properties that sold were in either The Village or Seacape and two were condos on The Esplanade (only one was on the ocean side).
The newest addition to the oceanview condo market in Redondo Beach CA is a top floor one bedroom with an asking price of $735,000. The top floor location always means slightly better views than the equivalent unit below but it is towards the very back of the building (odd number units go from 301-317 with the higher numbers closer to the water) so not as big a view as top floor units further forward enjoy.
Although we have yet to go through, it appears to be in decent shape but is very original with no real upgrades or remodeling over the years.
Given that the last two units sold at $760,000 and $805,000 we feel that this unit is priced appropriately.
630 The Village #303 Redondo Beach Basics
1 bedrooms
1 bathrooms
619 square feet (BTV)
1 parking spots
HOA $300 monthly
Listed at $735,000
Listed by Jennifer Davidson – Bayside – 310-545-9595
There are two sections of “The Village Condos and Townhomes”. The units that we frequently see for sale are in the condo buildings from 610 – 660 The Village. The rarer ones are in the townhome buildings. These consist of both multi level townhomes as well as single level condos below which are pretty rare. They were originally built as studios but most have been converted to 1 bedroom units. While rare there are actually two on the market at the moment. 680 The Village is priced at $750,000 which will be a good indication of where the market is currently at and whether things have cooled a bit. The last sale of a similar unit was the same price toward the end of 2021. At $750,000 it’s drastically less than the other condo located at 672 The Village and priced at almost $844,000. It’s hard to envision that one selling but it is a nice unit with good views. Having said that it’s hard to see it selling.
680 The Village Basics
1 bedrooms
1 bathrooms
577 square feet (BTV)
2 parking spots
HOA $312 monthly
Listed at $750,000
Listed by Norman Lucas – RE/MAX Estate Properties – 310-544-9999
680 The Village Redondo Beach – Listed at $750,000
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The newest condo to hit the market in The Village Redondo Beach is a beautiful 1 bedroom updated condo. The combination of top floor location and unit number (higher the number closer to the water) means that this one has a tremendous harbor and ocean view compared with most units. In our opinion this one definitely is going to sell VERY quickly. Top floor condos sell for a premium with nobody above and a better view than even a level below. Another really nice feature of 3rd floor units is that the kitchen wall that was in the original build (people liked to separate living spaces back then) has been completely removed making for a much more open layout and loads more light. The one just below at 620 The Village #212 just listed for $789,000 and this is superior in every way…… priced at $785,000 will have huge appeal and will likely sell quickly with multiple offers.
Condo Basics
1 bedrooms
1 bathrooms
619 square feet (BTV)
2 parking spots
HOA $300 monthly
Listed at $789,000
Listed by Julia Zhao – Re/Max Elite Realty – 626-248-9200