How Much Does it Cost to Buy a Condo or Townhome in Redondo Beach?

Large One Bedroom Condo for Sale Redondo Beach CA

As in all things Real Estate related the answer is "it depends". Right now if you are looking at the absolute entry level in North Redondo Beach (I'll discuss South Redondo separately), the entry level price point for 2 bedrooms is in the high $500's and the nice ones are going for over $600K. Assume that three bedrooms start at $650K and the nicer, newer ones are going for mid to high $700's.

But sometimes you can catch a break and still get in under $500K. A good example is my recent listing and sale at 1916 Clark Lane. This property is a large one bedroom that my seller client had been renting for quite a while and needed to sell as part of a 1031 Exchange. By large one bedroom what I'm referring to is over 700 SqFt. Because this unit has very high vaulted ceilings and an outdoor balcony the same size as would be found in a much larger 2 or 3 bedroom, it really felt larger than the stated SqFt.

There were just no comps in North Redondo Beach for a property like this. I had to use a lot of "gut instinct" in terms of setting the price. Fortunately we found an "all cash" buyer and this sale closed in 2 weeks start to finish.

Remodeled 2 Bedroom Condo-Townhouse Redondo Beach

A good example of a very nice 2 bedroom my buyer clients currently have in escrow is 1904 Voorhees Unit D (pictured above).

This property had been beautifully remodeled by the seller (who is also the listing agent).

Here's the MLS description:

Upgraded tri-level town home, rear and corner unit with private patio. Open floor plan with vaulted ceilings, beautiful hardwood floors, new carpet and double pane windows and a skylight. 2 large Master bedrooms, 2.5 bathrooms. Light and airy with a modern kitchen featuring granite counters tops and Island. A balcony and a patio add to the flexibility of the floor plan. Both master bedrooms boast walk-in closets and full bathrooms with double sinks. There is a large 2-car garage with direct access to the unit and is generous in size with lots of storage shelves. This Redondo Beach Townhouse won't last long. This home is located blocks away from local beaches and boarders Manhattan Beach."

This one should close escrow before the end of the month for $639,000.