New Foreclosure Listing: 1302 Rindge Lane MLS 12597811

So occasionally there's a foreclosure listing that hits the market that you just know will sell in 10 days for more than the list price. 1302 Rindge Lane, Redondo Beach is that property.

This 1899 sq ft 4 bedroom detached rear unit townhouse with an attached two car garage and backyard and patio area is a screaming deal at the list price of $519,900 and will almost certainly get bid up quickly. It may not be everyone's cup of tea however as the layout is different than what you might expect to see in many of these detached townhouse units.

Downstairs is a small living room (by today's standards), dining room, kitchen and family room. The kitchen has your de facto N Redondo granite and stainless steel appliances. Upstairs are four bedrooms, space for the washer dryer and two full baths one of which is in the master.

Rindge is kind of a busy N-S street with buses and a lot of through traffic but this property is amply buffered the front unit and sits well back from the street. Check out the video below.

The Redondo Beach foreclosure inventory has been very light the last few months. In fact, in North and South Redondo Beach, you will only find 4 active REO MLS foreclosure listings for sale. So, for those of you out there waiting for the flood of foreclosures that is supposed to hit, that may be more urban legend than anything real. Here's what's currently listed.