Looking back at South Redondo real estate over the past six months, town homes over 1,600 sq. ft. have been very popular. Over that span of time, there have been six closed sales, three properties currently in escrow, and no inventory on Catalina Avenue (except for my new listing that hit the market today). Catalina Avenue is a long street west of Pacific Coast Highway starting from the border of Redondo Beach/Torrance, running all the way north to the Redondo/Hermosa Beach border. I like to separate Catalina Avenue in two: South of Knob Hill North of Knob Hill To South Bay locals, being north or south of Knob Hill is obvious. South of Knob Hill is
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Month: February 2019
Who doesn’t love Manhattan Beach real estate? Especially at an affordable price. As the premier beach real estate market in the South Bay, Manhattan Beach has buyers that are not as price sensitive in comparison to other markets. Much of the investment thesis is buy high and hold for the long term because of the belief that beach real estate never goes down. But what if you do not have deep pockets and want to limit your risk if there is a short term hiccup in the market or economy? Manhattan Beach Boulevard Condominiums Look no further than two bedroom condominiums along Manhattan Beach Boulevard. Not only are these condos insanely affordable relative to the rest
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The East Hermosa Beach new construction market has been pretty wild over the last two years. Hermosa Beach is a relatively small South Bay city with fewer sales than most neighboring cities, but even with less sales data, it has been a consistent real estate market over the past few years. Check out the year-over-year median price growth over the past three years: 2016 6.27% up 2017 5.74% up 2018 3.49% up When I zero in specifically on the East Hermosa Beach sub-market and the new construction activity, it surprises me with what’s going on. As a result, I will be focusing on East Hermosa Beach’s new construction activity to shed some light on what’s happening.
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With multiple requests to write about “The Lanes” in Rolling Hills Estates, here you have it! The city of Rolling Hills Estates is tricky as the city boundaries spread over five MLS areas. Today’s blog will cover the largest portion (about 70%) of Rolling Hills Estates – the Palos Verdes (P.V.) Drive North MLS area. Before we get started, check out my Palos Verdes page to view the mapped boundaries of the entire Hill and respective MLS areas. Also, check out the P.V. Drive North page to learn more about the neighborhoods discussed today. Masongate The Masongate area is highly coveted for its large lots in its small, quiet pocket of the Palos Verdes Hill. Sitting
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