Sign up to download the quarterly

Redondo Beach
Real Estate Report

Plus get access to our weekly real estate blog
Subscribe to our blog
Receive our blog posts directly in your inbox.
* = required field

Thank you!

We'll email you our quarterly South Bay Real Estate Report.

South Redondo Home Auction Did you hear about the wild real estate auction in South Redondo last month? The probate sale by public auction at 709 Elvira Avenue took place on Saturday July 8th. The initial asking price was $995,000 and it ended up selling almost 75% higher at $1,730,000. Hot damn! Manhattan Pacific Realty had clients attend and I personally was working to convince many clients to come and take a swing. To the untrained real estate eye, the crazy over-ask price might be a bit shocking. But to those in the residential real estate business, you knew it was coming. Let’s break down why there was a feeding frenzy… 709 Elvira Avenue The subject
Read More

We visited a property last week in Redondo Beach that could be quite a compelling purchase for buyers currently living in a 1-bedroom or studio apartment close to the beach. Take a look at 522 S. Broadway in south Redondo, a duplex in need of some TLC from a motivated buyer. This property stands out because it is west of Pacific Coast Hwy close to the proposed Redondo Pier redevelopment, and is listed well below $1 million. For some perspective in south Redondo, the last marketed MLS residential income property below $1 million west of Pacific Coast Hwy was way back in May of 2012 at 227 Avenue B at $915,000. Now there are multiple reasons this property
Read More

If you have walked or driven the Esplanade in south Redondo lately, then you have probably seen the brand new condo development at 1500 Esplanade. This daring nine-unit luxury condo complex offers a mix of 3- and 4-bedroom units ranging from 2,600 to 3,400 sq ft. Half of the units are in back of the complex with no ocean view, and the other half are front and center west facing that offer the awe-inspiring unobstructed views of the Pacific. It has been quite some time since a brand new construction product had been offered on the Esplanade, so obviously much of the pricing done by the developer was on speculation. Finding an actual price buyers are
Read More

If you read our blog from Tuesday, you caught a glimpse of median sales for Redondo Beach single-family homes in 2015. Today, we wanted share town home and condo median sales for those of you looking for more affordable options. Below you will find a general overview of Redondo Beach median sales from this past year in order to give you a better understanding of what to expect if you plan to buy or sell this year. We are starting with the overall city median sale followed by the median sales in north and south Redondo Beach. Take a look… Overall Median Sale – $761,500 (Median Average) 606 North Guadalupe Avenue F – $760,000 (1,304 sq ft, 2 bedrooms,
Read More