Redondo Beach CA Open Houses June 15th and 16th

There's not a lot to see this weekend in North Redondo Beach. Maybe that's because it is Father's Day on Sunday or maybe because there just weren't a lot of new listings this week. If you are a buyer and only going to Open Houses, you are missing a lot of buying opportunities. If Open Houses are your thing, you might see if you can get your agent to take you to the Broker's Open houses which are held on Thursdays in Redondo Beach.

Here's the Open Houses you can see this weekend in North Redondo Beach CA 90278. Many of these are also new listings this week.

A few comments on some of these listings. Check days and times of Open Houses above.

1631 Carlson Lane is a Redondo Beach Golden Hills Tall & Skinny Single Family House located on a quiet low traffic street about a block and a half from Jefferson Elementary. I previewed it at the Brokers Open House on Thursday. I think it is priced extremely well and should sell this weekend for list price or over. It is your standard 3 bedroom, 2 bath reverse floorplan 1895 sq ft house on a 2500 sq ft lot. It was built in 1987 but has had some nice updates along the way such as Brazilian Cherry hardwood floors throughout the first level and the downstairs bathroom is newly remodeled with granite tile and custom beveled glass. I also really liked the backyard feel with a brick paved patio with a built in barbeque. MLS SB13111056. Listed by South Bay Brokers for $765,000 and to repeat myself, this one is a good deal.

1624 Carlson Lane is a small Golden Hills Single Family House that at the list price may be an excellent alternative to a townhouse for buyers wanting in to the Jefferson Elementary School neighborhood. It is a short sale so there's always the risk that the bank does not approve the advertised price although this listing agent does indicate that it is "bank approved" and that it should be a normal escrow. Really? Anyway, this house could really work for someone who just isn't that into townhomes and wants to be near Jefferson. But, it not only is small, it feels small. Or, at least it did to me when I was there at the Brokers Open House. Listed by Pierside Realty for $550,000, 2 bedrooms 1.5 baths, 936 sq ft on a 2500 sq ft lot in a great location. Both bedrooms are upstairs and the house is in good condition. I'll be curious to see what it sells for. At this price, it doesn't make much sense for a developer to knock it down or maybe even for an owner occupant to rebuild on. Open both Saturday and Sunday this weekend. MLS SB13111623.

1809 Vanderbilt Lane Unit C is a rear unit of a 3 on a lot townhouse building. It is priced at the "new normal" for 1980's era 3 on a lots: $599,000. I just sold 1707 Perkins Ln which was listed for the same price and was bid up to $635,000. But there are a few issues with 1809 Vanderbilt from a location perspective. While that section of Vanderbilt is pretty far west, which is desirable, the unit backs up to commercial buildings on Artesia and the lot directly to the west is not residential. For the buyer who can see past those issues, this one may be doable. I would be surprised, however, if they get the list price. But, in this market anything is possible. MLS SB13109860. Listed by South Bay Brokers. About 1700 sq ft (btv) reverse 3 bedroom floor plan.

1907 Morgan Lane Unit A. Actually I was the listing agent the last time this property was sold. The buyer then was represented by Redfin and it looks as if they went back to Redfin to list it. The front unit of a 4 unit Anastasi built townhome building is 3 bedrooms (all upstairs) and over 1500 sq ft. The living room downstairs is small by today's standards. The previous owner did a major highly personalized remodel with high end finishes and upgrades that may not be everyone's cup of tea. I have sat many open houses in the property when I had the listing and would be surprised if it sold at the current asking price of $599,000 (due to the floor plan and remodel). But, if someone is looking for walking distance to Jefferson, this may be the ticket. MLS SR13112564

1308 Harkness Lane is a huge 5 bedroom, 3.5 bathroom detached townhome with no common driveway. It is either about 2800 sq ft or over 3000 sq ft depending on whether you go with the tax assessor records or the appraiser. Gorgeous granite counter tops, stainless over sized fridge, double oven in the kitchen. Formal dining room, living room and large family room with fireplaces. Beautifully landscaped south facing yard with built in jacuzzi, stainless grill and fridge wrapped in stacked stone. There is also a solar system. Curiously, my listing (that should close escrow next week) at 1105 Harkness just down the block is also an indeterminate no common driveway, detached 2 on a with a solar system. So, here's what I've learned about solar systems - or at least as it relates to my listing. The electricity you generate does not directly power your appliances. It goes back into the grid and you get a credit from Edison for what you send back. You apparently don't get a check if you generate more than you use. Interesting.

1308 Harkness is listed by Keller Williams Beach Cities for $1,079,000. MLS SB13112610

Inventory in North Redondo Beach remains very constrained. As of this today, there are only 34 active listings in North Redondo Beach. There are 83 homes in escrow and 46 homes sold during May 2013. So, at what should be the busiest time of the year, there is less than one month's inventory on hand. That is, if nothing else was listed, there would be less homes for sale tan could be sold in 30 days. In general when there is 3-6 months of inventory on hand, it is considered a balanced market. When there is more than 6 months inventory, it is a buyer's market. With less than 3 month's inventory, it is a seller's market. We can only say that this is an extreme seller's market.