Homes for Sale Redondo Beach Golden Hills

I probably receive more inquiries about properties in the Golden Hills than any other neighborhood in North Redondo Beach 90278. This unique neighborhood exudes a certain charm not found elsewhere in the Beach Cities and homes in the Golden Hills are highly desirable if you can get one.

The Golden Hills neighborhood of North Redondo Beach CA (MLS area 154) is located south of the Artesia Blvd Manhattan Beach border and east of Hermosa Beach. It extends south of Aviation Blvd to 190th St (Anita) on the North and South Redondo Beach border. The area north of Aviation Blvd is also sometimes referred to as the Golden Triangle.

Buyers seem to have an almost insatiable demand for homes in the Redondo Beach Golden Hills with many properties selling almost as soon as they hit the market.

This is the current inventory as of April 4, 2014:

Most of the housing in the Golden Hills are various generations of what are affectionately referred to as "tall and skinny" multi-level single family homes built on 2500 sq ft lots. The typical floor plan of the newer tall and skinny homes feature 2 bedrooms downstairs, one of which has a double sliding door leading to a very small backyard, and a great room, dining room, and master bedroom located upstairs. Vaulted cathedral ceilings are very common. The great room typically has a fireplace. Some Golden Hills homes also feature fireplaces in the master bedroom. Many of these homes are very similar in floor plan to 3 on a lot attached townhouses found in MLS area 151-152.

Other variations buyers may find are "standard" floor plans with the living room and dining room downstairs and 3 bedrooms upstairs. I have seen a few variations of this floorplan with an additional upstairs bonus area.

Of the 5 properties currently for sale, 4 hit the MLS over the last 3 days. Over the past 7 days 3 homes closed escrow and two went into backup status in the MLS. So clearly homes are being absorbed at about the same rate as they are hitting the market.

Expect to Buy or Sell your standard 3 bedroom 2.5 bath "Tall and Skinny" built between 1980 and 1995 for about $850,000 +/- if it has some decent upgrades and amenities. Newer properties are selling for more and older smaller homes for less as would be expected. As we press further ahead into the peak selling season I expect prices above $900,000 to be fairly typical.

Year to date, there have been 22 sales that have closed escrow in MLS Area 154, Redondo Beach Golden Hills. Currently there are 8 homes in escrow. This is a very healthy rate of turnover.