The trend in 3 on a lots is moving towards 4 bedroom units that are closer to 2000 sq ft. What I found during the later part of 2013 is that many families who became priced out of 4 bedroom 2 on a lots started looking more favorably on the new construction 3 on a lots. Here's why. The 4 bedroom 3 on a lot townhomes have 2 bedrooms up and 2 down which is a perfect floorplan to accommodate both younger children today and to provide for a growth plan as they get older.
So, who's building? As the saying goes, round up the usual suspects. A lot of product is being put on the market by Amir Amiri - Merit Real Estate. (pictured to the right). These tend to be very well built high end units with exceptional finish work. The style may not be everyone's cup of tea, but for those who like it, its hard to beat.
At the other end stylistically, Dean Thomas (E Real Estate) - Ioda Construction have been building some super modern ultra contemporary (see below) 3 on a lot on Perkins between Carnegie and Vanderbilt. These units are selling at a premium and I'm hoping to see more "architectural" style building happening in the Beach Cities going forward.
The group over at 3 Leaf Realty, Jerry Carew and Manoj Narang, continue to bring out a quality product in a more traditional style and somewhat understated from what Merit offers. Here's what's currently available on the market:
1803-1805 Perkins Lane priced at $829,000-$849,000. "Another set of sophisticated homes by Ioda Construction Inc. Contemporary at its best! These custom modern designs are an entertaining masterpiece. Completion date is January, 2014. these homes feature a spectacular entry with 26 foot high ceilings. Both homes are open and bright. Each have are 3 spacious bedrooms and 2.5 bathrooms, separate office and private rear yard. Their gourmet kitchen features custom cabinetry built in stainless steel appliances, quartz countertops and a large breakfast bar. The dining area and kitchen flow perfect for entertaining. The living rooms are pre-wired for an entertainment system and feature a spectacular floating fireplace and a private deck. The master bedrooms include three closets with built-in wardrobes, floating fireplace and wiring for separate entertainment system. The beautiful master baths have quartz stone, spa tub and large separate shower with dual shower heads. Extra amenities in these homes include central vacuum, 2 fireplaces, split security system, plumbed for air conditioning, solid hardwood floors, quartz slabs throughout, all closets professionally organized. Properties are located close to beaches, schools, shopping and freeways. Great Redondo Beach location." MLS SB13231782 and MLS SB13231796.
2416 Grant Ave Unit C is priced at $820,000. It has a south facing backyard and is probably far enough off the main street to fetch that price. "A bright and airy feel fills this brand new townhome. It has plenty of daylight thanks to the larger than normal windows and setbacks from the rear allowing for a lot of natural light throughout the house. It has four spacious bedrooms and 3 1/2 bath . The downstairs comes with two bedrooms and one bathroom .The upstairs has the main living room, kitchen, laundry, two full bedrooms with their own attached bathrooms, and a powder bath. All the bathrooms that are uniquely fitted with designer porcelain, custom cabinetry, and brush nickel for finishes (a must see to appreciate). The living room comes with a switch operated gas fireplace with a modern mantel. The floors are a combination of designer porcelain and birch hardwood floors throughout. The garage is fitted with an insulated garage doors to keep the sound and temperature at bay. The house is plumbed with the following modern amenities such as piping for Central Vacuum, CAT5, Cable, Satelite, AC, surround sound in master and living room, and alarm. The house also features tankless water heater and an intercom throughout the house. All the bedrooms come with a warm carpet to complete this beautiful home."
Honestly, I don't know what's up with these builders and the blue garbage cans in the MLS pictures. Must be a builder thing I guess.
Expect to see new construction 3 on a lots at around $800K and 2 on a lots at closer to $1M throughout 2014. View Redondo Beach Townhomes for Sale.