Redondo Beach Real Estate: REOs, Auctions, Bank Owned

There are currently 10 REOs for sale in Redondo Beach. Prices range from $359,900 to $799,900. (I have no idea why agents add the obligatory $900 to list prices.) We have a little bit of everything in the mix including some with actual ocean views! Four properties are in North Redondo and the remaining six are in South Redondo Beach. There are three SFRs and the rest are town homes or condos. Pricing seems right about FMV and in fact a few have already had reductions. This is probably due to the fact that BPOs that were obtained even 60 days ago reflected a far stronger market than what we are seeing today. None the less, there are some deals to be found in this list either for an investor or owner occupant. For more details on any of the listings CLICK HERE or just call 310 975 5139.

These are the ones we like for either value, location or potential.
2419 Fisk Ln 90278: Just Reduced 7/15 This wonderful bright and spacious town home has a formal dining room, family room with cozy fireplace, large kitchen, huge master bedroom with large bath and lots of closets. Large private patio off master bedroom. Lots of potential. is one block north of 190th and three blocks west of Inglewood Av. The inside needs updating and some painting - expect the usual REO greens, yellows and reds. Priced at $569,900.

718 S Catalina Av 90277: What can you say - west of PCH walk to Riviera Village or Redondo Pier for under $700K. Beautiful 3 Bedroom / 2.5 Bath unit with brand new carpet and paint throughout. Live steps from the beach in this spacious unit that features direct access parking with tons of room, raised dining area, fireplace in the living room, family room off the large kitchen and patio. Small complex located a block from the beach and close to shopping and dining. Priced at $689,900.

2218 Warfield Av 90278: Excellent location, four blocks from Manhattan Beach, walk to Polliwog Park or Trader Joe's. Easy freeway access, close to movie theaters, restaurants, and shopping. Four bedrooms upstairs, built in 2005. Considering that there is not a lot of new construction of these units going on in N Redondo right now, a pretty good 3-5 year investment. Priced at $799,900 but we'd like to see it closer to $775K. 

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