Homes for Sale in North Redondo Beach: Nothing Less Than $600K in MLS Area 151

If you've been looking for a home to buy North of Artesia Blvd in MLS Area 151 (Villas North), you certainly know that there aren't many listings to look at right now. In fact, as of the second week of December less than 10 in total and no standard sales under $600K. Wow. So much for the double dip in home prices that never materialized. In fact, the market went in the exact opposite direction of what all the "experts" predicted including the "wave of foreclosures" that was supposed to bring prices down another 20%. If anything, prices in Redondo Beach went up 10-15% this year.

So, the lowest priced standard sale home offered on the MLS in Area 151 is 2309 Mathews Unit B. Standard attached 3 on a lot with reverse floor plan. Listed for $599,000. MLS PV 12146965. Here's how the listing agent describes it:

Stunning turn-key condo. This unit is super bright, airy and has a great floor plan. Fantastic N. Redondo location, great freeway access, close to restaurants, post office, grocery store, and only a few miles to the beach! Two bedrooms, one full bath and laundry downstairs; master suite with full bathroom, kitchen, living room/dining area, half-bath and balcony upstairs. Recent elegant master bathroom remodel with Jacuzzi tub, separate shower with glass enclosure & Kohler finishings. 

Includes custom white Danmer Thermalite Plantation shutters throughout, maple hardwood flooring in living/dining area and master bedroom. Stainless steel appliances in the kitchen with monochromatic protection are smudge & fingerprint resistant: LG SXS Side by Side Refrigerator/Freezer, GE Double Convection Oven, Whirlpool Gold Quiet Partner III Dishwasher. There is a Kitchen Aid 5-Burner Gas Cooktop and a GE Profile 1.8 cu ft Microwave Oven with 1100 cooking watts. Washer and dryer included. Section I Clearance complete & FHA Approved complex.

Well, if the complex is truly FHA approved, they should have no problem finding a buyer for this one. Price is fair in today's market.