Redondo Beach Townhomes for Sale | Two on a lot Detached Homes

Detached 2 on a lot Redondo Beach Townhouse

Redondo Beach 2 on a lot Townhomes, in particular the detached 4 bedrooms are in high demand and represent some of the best values in coastal LA beach communities. My buyer clients just had an offer accepted on the unit pictured above so I want to share a few thoughts relative to what is going on in this segment.

New construction units are selling for about $1.2M with a few currently available. As with all current listings, the market is not responding well to anything that is at all out of the ordinary, standard floor plan, cookie cutter. I'll write more about that elsewhere.

But for anything that is in line with what buyers have already seen, there is strong demand. For example, I can think of 2 resales built post 2000 in the 1900 block of Area 151 that were listed for $999,000 and went for up to $50K over which is good value compared to new considering the floorplan is the same. Speaking of floorplan, the units with the extra bonus room on the second floor are in the highest demand. 

For a while, these townhomes and 3 bedroom Tall & Skinny SFRs were moving in concert. But now I'm seeing separation with for maybe $50K more you can get 25% more space, an extra bedroom, and most likely a larger yard.

Here's how this unit was described in the MLS:

"This beautiful two on a lot detached townhouse is on a 9506 sq ft lot and feels like a single family residence. Downstairs is the Great Room with two story high ceilings with fireplace and a formal dining room. The kitchen features a center island and granite counters. Upstairs are four spacious bedrooms including a wonderful master suite with spa tub, walk-in shower and walk-in closet. The home is light and bright with extra light coming from the windows in the two story high ceiling area. The extra large lot provides for an unusually large backyard."

This has always been one of my favorite properties in the area because it does not have the one behind the other layout of most 2 on a lots and the downstairs is larger and more open than the usual floorplan.

Property is 2569 SqFt with 4 bedrooms and was listed for $1,099,000.