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
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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.
an impressive $1,147,000. The unit was in great shape and had a great coastal look and feel but the sales price was still surprising given the limited view. As the 2 bedroom condos (6 per building) are always on the west side they have the best views of the floor. The first floor in most of the buildings (a few have two levels of parking below so they’re basically one level higher) often has limited views and the 620 building is one of them. One benefit to the first floor is that it’s the only floor that owners can have hardwood floors throughout.
well. Seascape 1 has several townhomes and, in addition to the fact that there are no neighbors above or below, they have an attached 2 car garage which is a big difference.
away. Listed at $750,000 this home was only active for one weekend before going into escrow and closed at a jaw dropping $805,000. The previous record was $752,000 and that was for a third floor (which is the top floor and always more valuable) unit. In general first floor units sell for less due to the views being less exciting.
the 630 The Village building but that’s now in escrow. This latest addition is a ground floor unit in 650 The Village. It’s been nicely remodeled and the kitchen wall facing the living room has been removed (not sure how as usually only 3rd floor units can remove the whole wall) so it has a nice open feel. As only 1st floor condos can have hardwood floors that’s the tradeoff….views are not as good but flooring is upgraded. The $678,000 list price is pretty high for a first floor unit but given that there’s high demand and almost nothing to buy, this could likely end up in that vicinity. The last 1st floor 1 bedroom sold in April for $629,000 but in this real estate market…..that was a long time ago.