Thursday, November 13, 2014
Redondo Beach Luxury Townhouses--2014 Update
"Under all is land" and in the Beach Cities of the South Bay of Los Angeles the land is very expensive. If a slice of property is coastal with a view of the Pacific Ocean the value of the dirt soars to dizzying heights. To offset the price of land, builders will often build townhouses rather than a single family home if local zoning laws allow. Redondo Beach is no exception. There are some spacious townhouses with the feel of a single family home scattered throughout Redondo Beach and the surrounding beach cities of Manhattan and Hermosa.
Here's a snapshot of the luxury townhouse market for 2014 as of November 13:
YTD one Redondo Beach luxury townhome priced over $2,000,000 sold. The property was located on The Esplanade with direct access to the surf and sand.
Currently there are no Redondo Beach luxury townhouses priced over $2M for sale or in escrow.
In other news: one of our Palos Verdes clients just listed their Pasadena home at 875 Madison Avenue in Pasadena CA.
For more information about purchasing or selling a Redondo Beach luxury home contact
- Norma Toering, Broker at Charlemagne Intl Properties
Redondo Beach townhomes for sale: