Three on a lot townhomes are one of the most prevalent and popular forms of home ownership in North Redondo Beach CA 90278.
The most common response I often get from Buyers when I'm explaining the various kinds of properties that can be purchased in Redondo Beach is: what on a lot? Hopefully this will answer your questions.
Three on a lot townhomes are 3 (usually) attached 2 story townhouse condos sharing a common driveway and most often at least one common wall. Some do not share a common driveway, some may not be attached, and a very few might have a third level loft. Most often the front unit will have a front yard and the rear unit will have an exclusive use backyard. Almost all units have an upstairs outdoor terrace. Some of the older and smaller townhomes are attached but share no common living walls.
There are probably around 750 individual townhouse units built since the late 1970's in North Redondo Beach. Three on a lot townhomes are most commonly found on East-West running streets south of Artesia Blvd in MLS Area 152 (Villas South) on Vanderbilt Ln, Carnegie Ln, Rockefeller Ln, and Grant Avenue. They are also found north or Artesia Blvd on Mathews and sometimes east of Rindge in the 2500-2700 blocks of Curtis, Graham and other streets south of Robinson. The most active North Redondo Beach builders throughout the years have been Anastasi, LaCharite, Powers Development, E&S, Casner, Agar, Advanced, and other new entrants into this market.
There are a number of townhomes - primarily in the 2200 block of Grant and Rockefeller, that are standard floorplans: you walk into the main living area and the bedrooms are all found upstairs. The upstairs may also feature an open bonus area with a dual sided fireplace into the master bedroom. These were primarily built by Agar.
Another popular variant are the 3 on a lot townhomes on the North-South Streets such as McKay, Phelan, Rindge, etc. These townhomes do NOT feature a common driveway. Each unit has its own driveway and the properties look more like the row houses you may find in other cities. Fewer of these come on the market simply because there were fewer of these townhomes built.
As these townhomes are condos from a legal description, there are recorded CC&Rs and HOA dues. Many of the HOAs are "inactive" meaning there is no formal organization, meetings or budget. What happens in that case is that the owners get together and pay the shared bills, ie gardening, and home owner insurance and necessary repairs. If there are formal HOA dues, you can expect to pay around $150-175 per month unless Earthquake Insurance is also included.
The finish work on the newer units is simply extraordinary and often equal to or exceeding homes selling for more money. Expect to find stainless steel appliances, recessed lighting, granite, hard wood, travetine, crown molding, and other high end finish work.
The low maintenance nature of these units make these very popular forms of home ownership. Many owners actually turn these into rental units when they move.
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