Redondo Beach Bank Owned Foreclosures (REOS): Condos, Townhouses, Single Family Homes for Sale

Currently there are 10 bank owned REO foreclosures for sale in North Redondo Beach, CA 90278. Some of these are good deals, some junk and some are simply over priced. Read the comments and you be the judge.

511 Meyer Lane Unit 16: This 3 bedroom, 2.5 bathroom end unit REO townhouse for sale initially hit the MLS at $472,000 which was over priced considering that the price point for the 2 bedroom units (with bonus area not included in the sq ft) has been around $399K. No doubt the extra bedroom and neighborhood views add value and the current MLS list price of $429,000 is more in line with where the listing agent and asset manager can expect to see offers. This unit has a little grassy outdoor space adjacent to the property for the owner's use. The $305 per month HOA dues include the use of the pool and facilities. The complexes on Meyer are offering reasonable "beach" value right now but Meyer is a fairly busy pass through street that is partially commercial use and the street parking is not great.

2519 190th Street: Let's face it, 190th is not an easy sale but someone should scoop up this 1235 sq ft 3 bedroom 1 3/4 bath single family house for sale on a 5000 sq ft lot at the MLS list price of $449,000. This really is a charming house with great curb appeal, open floor plan with new carpet and paint and a recently remodeled master bath, newer dual pane, french windows, a covered front porch and fully fenced, front and side yards. The attached 2-car garage with laundry area is accessed from the alley and there is room for additional vehicles. If you can get past the 190th St location, it is a decent REO to invest in.


1507 Flagler Lane: This Arico listed single family home foreclosure has only recently been listed for sale on the MLS. At a list price of $459,000 we think it is a little high for a REO considering the size of 1050 sq ft. There are 3 bedrooms but the lot size of 3758 is definitely small considering that buyers for this kind of property whether REP, short sale, or standard are looking for 5000 sq ft lots. The kitchen is in its original 1961 condition and the house needs some updates. The best feature of this foreclosure listing is its location pretty far west for MLS Area 152.


1717 E Van Horne Lane: This bank owned REO foreclosure for sale is your 1960's style living rooms down floor plan Golden Hills product that are pretty tough sells these days. Most buyers find the lower level bedrooms to be cold, dark and undesirable. This particular property has some other truly horrible features such as bricks that are not secured as the floor of two of the downstairs bedrooms. The upper level, or rather the ground floor entry level features a usable and open living room and kitchen with neighborhood views. This REO foreclosure initially hit the MLS listed for sale at $610,000 which was preposterous. It has not been reduced to $547,000 but it's very likely this could change hands much closer to or under $500K. Even though this floor plan features over 1500 sq ft and offers 3 bedrooms, truthfully in better times these properties would be knocked down and replaced by larger newer structures building up on the 2500 sq ft lot. But as you know, these are not normal times.


2305 Clark Lane Unit A: OK, this bank owned foreclosure property listed for sale is a good deal. Over 2000 sq ft 2-on-a-lot townhouse feels like a single family residence. The home offers a bright, open, functional floor plan with a large, inviting living room w/ fireplace, separate dining room, family room w/ sliding doors opening to large outdoor patio area w/ storage. Large kitchen w/ breakfast counter and eating area create a flowing floor plan ideal for entertaining. Powder room on 1st floor. Large master suite features tons of windows and plenty of natural light, walk-in closet and a master bath with dual sinks and separate shower and tub. Large direct access 2-car garage. Home has been recently re-painted and a new roof was installed January 2012. MLS list price is $549,000 which puts it at $269 sq ft right out of the gate. This one will sell fast at or above the list price.


2006 Aviation Way Unit A: Based on the size, 2778 sq ft, location, and being a 4 bedroom unit on the surface this is a great bank owned REO foreclosure deal for sale. The property includes mahogany hardwood floors, city light views, front patio and sundeck, some stainless appliances, extra large master suite, vaulted ceilings, recessed lighting, large open living room with fireplace, seperate laundry room, and a large downstairs bonus room perfect for guest quarters or office. But truthfully it needs updating. A lot of updating. But at a list price of $563,900 in the MLS, this REO is being marketed at about $203 per sq ft. Wow.


1607 Blossom Lane Unit 2: Light and bright tri-level townhouse in a desirable neighborhood. Open floor plan, perfect for entertaining. Living room with vaulted ceilings, fireplace and huge deck w/ city views. Powder room, formal dining room and step-up breakfast nook all located off a large, open kitchen. Beautiful stone floors in upper level, new carpet in bedrooms and fresh paint throughout. The second level has 3 bedrooms, w/ the master including it's own bath and very large walk-in closet. Large bonus room w/ closet that could be a 4th bedroom located on the lower level off the direct access 2-car garage. At 2237 sq ft this bank owned REO foreclosure is reasonably priced for sale in the MLS at $589,900. Based on the condition, it should sell for under $550K which a smart buyer will figure out if they can get past the Tudor exterior, etc.


2310 Curtis Av Unit 1: Another Arico listed REO for sale just 4 blocks to Manhattan Beach. Nice front unit with over sized private balcony off master. Home is in pretty good condition. Kitchen has custom cabinets, gas cook top, tile counters and tile floors. The living room has a fireplace. There is direct access to the attached two car garage. 3 bedrooms, 2.5 baths, 2190 sq ft built in 1986. Listed in the MLS for $634,900, not really a value price for a foreclosure.  The list price may need to be lowered to $599K to make this one more attractive. Nice garbage cans in the pics, huh? What's up with these REO listing agents.




2311 Clark Lane Unit A: This bank owned REO foreclosure for sale is a deal at the reduced current list price of $639,900. Built in 1997, this property features large rear yard, tile counters in kitchen, soaking tub with seperate shower and dual sink vanity in master, fireplace in master with tre ceiling, balcony off bedroom, dining area off kitchen with what appear to be wood flooring and breakfast bar, updated cabinets in kitchen with tile counters, interior laundry, fireplace in living room, walk in closet in master, and attached 2 car garage with direct access. 2115 sq ft with 4 bedrooms, at this price it compares favorablly with the newer product priced in the upper $800's.


531 Anita St: Looks good on paper but buyers just have not responded well to this property either as a short sale or foreclosure REO for sale. Currently for sale for $661,000 this single family house is 1635 sq ft and has 4 bedrooms and a large lot. But, as with other houses on Anita (190th) across from the power lines, it is a tough sell. Most buyers have found the floor plan to be cut up and the sq ft to not be that usable. Let's see what price this one closes escrow at and how long it takes.

Are you interested in buying a foreclosure? Check out the foreclosure lists and REO searches below and schedule showings on line.


WEST SIDE AND SOUTH BAY REOs

Manhattan Beach REO Foreclosure MLS Listings condos townhomes houses
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Inglewood REO Foreclosure MLS Listings condos townhomes houses
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Palms-Mar Vista REO Foreclosure Listings MLS
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Westchester REO Foreclosure Listings MLS
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