Here were are and it’s already June 4th. Summer is a few weeks away and many buyers are getting itchy in today’s market to make a play. But is there anything “affordable” out there right now? Let’s take a look at what’s for sale in the general Riviera/South Torrance/South Redondo Beach areas?
Hollywood Riviera (Area 128) – Under $700,000
The Riviera boasts 5 properties under the $700K mark – one single family home located on Pacific Coast Highway (the service street) and it’s listed for $689K and has 1132 sq ft, 3 beds/3 baths. There is one townhouse in the Village Palos Verdes complex (AKA – the “Brown Townhouses”.) It’s a nice looking, clean, end unit w/ a view too – for $699K. And last but not least, there are 3 condos – all located in the “Cote D’Azur” complex which is located right on the border between Palos Verdes and the Riviera. They range in price from $540K – $599K (there are other units for sale in that complex as well that are more expensive – typically those units are completely remodeled and/or have terrific views!) The complex itself offers a large pool, putting green area, underground parking areas, a private walk down to the Torrance…R.A.T. Beach. It sits on the bluff above the beach there..it’s quite a lovely location.
South Torrance/Seaside Ranchos Areas (Area 129) -under $700,000
In the Seaside Ranchos neighborhood there are 10 single family homes for sale under the $700K mark – a few of them are on Anza, a cute small one on Linda Drive and a few others. 2 townhouses – one for only $519,000 and has 3 bedrooms & 3 bathrooms. The other is newer construction – 1999 – and is listed for $670K. There are 5 condos in the South Torrance/Seaside area for sale all under $599,000.
South Redondo Beach (Areas 155-157) – Under $700,000
South Redondo Beach holds quite a bit of inventory under $700,000 – a total of 42 properties: 4 single family homes: $579K for a 1 bedroom/1 bathroom to a $699,000 2/1 on Sierra Vista. 6 townhouses range from $615K – $679K for a cute remodeled unit off of Opal. The condo market holds quite a bit to choose from – 32 condos that range from $329K for a 1 bedroom/1 bathroom over in Brookside Village to a nicely updated 2 bedroom condo at Catalina & Torrance Blvd for $685,000.