Redondo Beach Townhomes for Sale: New Listings from Ellis Posner

I just listed a 3 bedroom, 2.5 bathroom in MLS Area 152 "Villas South". This is a middle unit of a 3 on a lot at 2417 Grant Ave and is very unique in that it is much brighter than you'll usually find in this type of construction. Here's why.

Some of the 50*150 foot lots have driveways facing each other - instead of at the opposite end of each lot. The project at 2417 was built concurrently with 2419 and the mirror image townhomes have almost a courtyard interior feeling the way the driveways are positioned. Plus 9 mature Palm trees running down the center of the driveway. Additionally, the lot to the west has a multi unit building that is positioned on the west side of that lot. So, lots of light and not a feeling of being closed in.

The floorplan is your standard North Redondo Beach "reverse" configuration with 2 bedrooms downstairs and the master bedroom on the upper level along with the living room, dining room, kitchen, and an outdoor terrace for entertaining.

On top of that, the current owners painted and updated the unit in very bright, soothing light colors. So, with the sun coming up in the east and setting in the west, this home is bathed in light all day long. Here's how I described this property in the MLS:

Gorgeous Granite, Stainless Steel and Custom Maple Cabinets

"You can move right into this open and bright, turnkey townhome that has been meticulously maintained by it's previous owners and has had several major updates including carpet, paint, water heater and most appliances.  With a spacious, open floor plan featuring soaring vaulted ceilings in the over-size living room and master bedroom, large master closet & bath, an elegant fireplace in the living room, skylights, recessed lighting, crown molding, and a direct access large two-car garage, this 3 bedroom, 2.5 bathroom is a dreamy place for anyone to call "home." The kitchen has all the upgrades including granite countertops, stainless steel appliances, custom maple cabinets, and a spacious pantry. With an east-west orientation and set back from neighboring houses and the street, sunlight fills the home throughout the day, followed by gorgeous sunsets with gentle ocean breezes. It features a large outdoor terrace that's perfect for entertaining, and it is conveniently located close to restaurants, shopping, malls, parks, movie theaters and beach, with easy freeway access. Built in 2003 by Powers Development, it is still in like-new condition and you'll love the hip, beach feeling of this home. Put it on your list to see because it may be your best move."

This property is priced at $719,000 which I think is the "right" price. If you haven't noticed, pricing in North Redondo Beach seems to be escalating again on an almost weekly basis. In part, this is a function on extremely limited availability combined with the huge "discount" compared to the other Beach Cities, Hermosa Beach and Manhattan Beach and even South Redondo Beach for that matter.

The Bedroom and the Living Room have vaulted ceilings.
I'm finding that buyers are willing to pay somewhat of a premium for move in ready homes built after about 2001-02. By that point, most of the construction and finish work is still contemporary and up to date. Homes built 2005-2007 will sell at even a higher premium. By that point the builders were just going all out. After that (2008) they mostly stopped building until around 2012. The housing version of the doughnut hole, lol.

New construction is priced very high. In fact, you can expect to pay considerably higher than $800K for something brand new. The middle unit in the new project in the 2500 block of Grant was priced at $799K and was in escrow very quickly. The rear unit at that project - from which you can almost touch the power tower, was priced at $829K. The front unit, which I thought was the best, is still on the market. At least as of this post.

Enjoy out door entertaining in this Redondo Beach townhouse.

Speaking of updated, high end great finish work, I'll also have another rear 3 on a lot coming on the market soon. This one was built by Casner Construction and is just amazing.