I figured it would be nice to identify some of the best buys in the South Bay. Since I'm still not that comfortable on the stability of the market well outside of agency conforming loans, although I'm hopeful this will change soon, I'm choosing to focus on the best buys under $1.2m and under $600k. This will greatly limit the neighborhoods accordingly, but my hope is that this will help readers weed through the new listings that we'll see through the year. Since the South Bay is a vague term, I'm going to keep the search between PVE (Valmonte and Malaga Cove) to El Segundo and as far inland as Anza Blvd. in Torrance. Here are this week's nominees:
$1.2m and under:
555 S Helberta AV , Redondo Beach 90277, listed by Rae Lord of Coldwell Banker has a nice 1400 3 bed/1 bath ocean view listing in a nice neighborhood of South Redondo on a 6600' lot. There are many $1mil houses in the neighborhood and an ocean view with a walk to the beach is hard to find for $889k. The one that got away is 220 Ave A listed at $859k. This is one of the coolest little craftsman homes in the avenues.
Under $660k:
2401 Marshallfield LN , Redondo Beach 90278 listed by Hady Chahine of Shorewood Realtors has a nice 3/1 on a 5000' lot listed at $569k. Not bad for a short drive to the beach and close to the main arteries for a freeway commute.
That's it for this week. Keep a smile on your face and your rain coat nearby just in case.
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