Wow! This is a fine example of a tiki themed dingbat apartment. Located at 389 Palos Verdes Blvd. in Redondo Beach, the Tiki Apartments were built in 1959. The building has been maintained well after almost 50 years. Lush jungle landscaping, giant tiki figures, and beautiful mosaic tiles make this building the finest I have ever seen. The Tiki has 45 total units. I'm not quite sure of the breakdown, but I'm guessing there are 30 1 bed/1 bath units, 10 2 bed/1 bath units, and 5 3 bed/2 bath units. Given the high rental rates in this neighborhood, I'm guessing this building throws off at least $70,000 monthly gross income. The current owners purchased the Tiki in 1991 for $650,000, it was a great investment! O-rig-i-nal!!! The photo above is a detail of the gas torches that flank the poo... 01/08/2009

The city of Redondo Beach has gone green....green Christmas that is.  The city is promoting their Christmas tree recycling program.  Information from the City of Redondo is below: Redondo Beach Holiday Tree Recycling Remember to Recycle your holiday tree!  By recycling your holiday tree, you can help our environment and keep this valuable resource out of the landfills.  Flocked trees and trees coated with fire retardant will be accepted.   Single-Family Units with curbside trash collection - Holiday trees will be picked up on your normal trash day (place at curbside). Friday, December 26, 2008 through Friday, January 16, 2009 Trees should be free of decorations, tinsel, metal containers, stands and lights. Multi-Family Units (proof of residency required) and Businesses with centralized ... 01/06/2009

          We saw a nice improvement in the number of homes sold here in the Hollywood Riviera (27% more) in this last, 4th quarter of the year vs. the same quarter of 2007!  Lower interest rates may have gotten many media-scared buyers to finally realize what a great buying opportunity it really is!  Although for the year overall we saw 30% fewer homes sold (91 in 2007 and 64 in 2008), our average selling price was only down about 6% (attributed to more lower end sales and fewer higher end sales).  The average days on market nearly doubled (66 days this year vs. 39 last year).  The biggest part of the slow-down for number of homes sold occurred in the $1.2 million + price range.  There were 30 homes sold in this range in 2007 and only 21 homes sold in the higher end of the market this y... 12/30/2008

Let me show you around: Rachelmtyndall@gmail.com   http://www.redondobeachresort.org     12/19/2008

This Sunday, the 14th of December, we'll be holding an open house from 1-4pm at 2408 Curtis Ave. #B in Redondo Beach. This beautiful fully detached townhouse is in turnkey condition and is one of only 7 attached/detached 2-on-a-lots currently for sale in all of North Redondo Beach that is priced under $700,000 so it won't be available for much longer. If you can' t make the open house call Hady at 310-404--5361 to schedule a private showing or go to 2408 Curtis Ave. #B, Redondo Beach, CA to schedule by email. Click to search the complete Redondo Beach MLS Real Estate Listings. 12/13/2008

For Sale Vs. Sold Last month, numbers were indicating that we would see continued high sales in November, the likes of which we had been seeing for the prior few months.  We see now that November sales were only half of what we anticipated. So, is this all bad news?  Not really.  Though sales were lower than expected, November is seasonally slow so that has to account for at least part of the slowdown.  Also, inventory has continued to decrease, which indicates continued growth of market stability in North Redondo Beach.  Fewer and fewer properties are getting listed.  Homeowners who don't have to sell, aren't.  A personal observation is that North Redondo Beach seems to be a favorite for first time homebuyers.  Many first time homebuyers are looking to make North Redondo Beach the loca... 12/12/2008

Don't miss Redondo Beach's Holiday Boat Parade this year. What: Redondo beach King's Harbor's 17th annual boat parade When: This Saturday, Dec. 13th, starting at 5:30 p.m. Free viewing is available all around the harbor inner sea wall.   Rachelmtyndall@gmail.com www.rtyndall.com   12/11/2008

Ah to live in the South Bay.....Ice Skating at Seaside Lagoon, Holiday Walks in Manhattan Beach and Riviera Village, and activities for everyone.  If you're looking for something a bit different than visit King Harbor for the 17th annual Christmas Boat Parade.  The parade of lights starts at 5:30 on Saturday December 13th and it's a great way to enjoy the holiday spirit in true South Bay style.  Visit the King Harbor Yacht Club for more information. Click to see the Redondo Beach Boat Parade Route Keith Kyle - Realtor, e-Pro - South Bay Brokers- 2501 N Sepulveda Blvd Manhattan Beach, CA 90266 - 310-251-2344 - Keith.Kyle@SouthBayBrokers.com   For real estate information, open houses, and FREE MLS access visit www.KeithKyleHomes.com 12/08/2008

The Redondo Beach average sales price decreased 14 percent compared to November 2007, bringing the average price to $798,438. The number of sales decreased 10 percent.    Redondo Beach   SoldListings AverageSales Price AverageDOM Nov 2008   46  $798,438 46 Nov 2007    51  $913,941 51   Sales in Redondo Beach reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices.   If you want to learn more about South Bay real estate, please contact us at                310-918-5027        . To begin searching for South Bay and Los Angeles County homes, please use our Los Angeles County MLS search  .     All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed. 12/04/2008

For Sale Vs. Sold Compared with North Redondo Beach, South Redondo Beach sales have paled in comparison.  However, October saw some relief, tying with April and June this year for the highest number of sales - typically unheard of in the fall months.  But with only 3 pending sales, expectations are low for November sales. Days on Market - Sold Vs List Price (as a Percentage) In last month's report, I mentioned that I felt that South Redondo Beach sellers were asking too much for their homes.  The graph above demonstrates the accuracy of that statement, as most homes in October that sold, did so at around 8% below the listing price!  In most other areas, we see sale prices around 3-4% below the listing price. Average Price - Sale Vs. Sold I don't even know where to begin with this data. ... 11/28/2008

For Sale Vs. Sold You know all the media focus on how badly the real estate market is doing?  Well the graph above is a reason why you have to take everything that they say with a grain of salt.  North Redondo - and other South Bay areas - have been faring not too badly, when it comes to several key measures. A steady continuation of the inventory reduction is occurring, along with a continuation of swift sales into the fall.  Typically, we see a seasonal reduction in the number of sales starting around September.  But that has not been the case.  Even more promising is that the number of pending sales in October is still rather high, at 13.  That means that we can logically anticipate that November will have at least 13 sales. A personal observation is that Redondo Beach seems to be a ... 11/28/2008

Investigating the Hollywood Riviera real estate market?  Here's an update for you. As of September 1, 2008, there have been 21 homes sold.  That is much higher than this time last year when 15 homes sold during that same period.  That's a nice little 28% increase in the number of homes sold!  Good news at last!  Homes that are priced well are seeming to go into escrow quickly still.  For example one on Via Monte D'Oro recently went on the market for $1,199,000 (under $1.2K seems to get a lot more attention these days) and sold in 9 days for $1,150,000.  That was super quick - I heard they actually had multiple offers - 3 of them.  The average price of the solds last year was $1,051,547 and the average this year is $990,183 - a near 6% drop in the average price.  So seems we have more ho... 11/25/2008

The 120-by-60 foot Ice Skating rink that was built at the Seaside Lagoon in Redondo Beach will have it's Grand Opening tomorrow at 4pm. The address is 200 Portofino Way and will be open until 9:30 pm. It will cost $14 for adults and $12 for children for 1 1/2 hours, rental skates included. More info available at their website: http://seasideice.com 11/17/2008

11/17/2008

The Riviera Village will ring in their annual Holiday Stroll on Thursday evening, December 4th, 2008.    Festivities begin around 5pm and run til 9pm.   Meet Santa, ride a horse-drawn carriage, watch the little dancers from Dance Forever perform as well as other street entertainment, carolers stroll along the streets, business owners graciously open their stores and often offer hot apple cider and other sweet treats.   Strolling along Catalina Ave under twinkling lites is a wonderful community event not to be missed! 11/16/2008

Hi everyone just a quick note to let you know Cecily Lee's web site has recently been updated with new graphics and features. Now it's even easier to search for homes in Redondo Beach and the South Bay. Please take a moment to check it out at www.cecilylee.com Thanks again for stopping by and don't forget to contact Cecily Lee for all your Redondo Beach CA Real Estate needs! 11/06/2008

Yes, it's true!  We have ice skating at the beach now - Redondo Beach - Seaside Lagoon of all places!  How cool - outdoor ice skating rink right next to the ocean - this is so exciting.  This could rival Central Park's Ice Skating Rink.  The Seaside Lagoon, located in the heart of Redondo Beach King Harbor at 200 Portofino Way, will be the site of the South Bay's first outdoor ice skating experience, Seaside Ice, with skating available November 18, 2008 through January 11, 2009, from 11:00a.m. - 9:30p.m. weekdays and from 10:00a.m. - 10:00p.m. weekends. Seaside Ice will be the first winter holiday event held at the Seaside Lagoon.  The eight-week event will feature a 60×120-foot ice rink constructed on the Seaside Lagoon's sand in a picturesque position next to the east walkway.   The ... 11/05/2008

Whether you're looking to buy a home in Redondo Beach in the near future, or just wanting to keep an eye out for the market and opportunities, open houses are a great way to know what's out there and what current South Bay home prices and values are doing in the current environment.  Our weekly Redondo Beach open house list can certainly help.  With information on dates, times, addresses and prices we hope it can be a valuable tool in your home search.   Redondo Beach Open Houses Redondo Beach Home Prices Redondo Beach Recent Sales Current Redondo Listings   Keith Kyle - Realtor, e-Pro - South Bay Brokers- 2501 N Sepulveda Blvd Manhattan Beach, CA 90266 - 310-251-2344 - Keith.Kyle@SouthBayBrokers.com   For real estate information, open houses, and FREE MLS access visit www.KeithKyleHome... 11/05/2008

I have a listing that is arguably the best deal in the Hollywood Riviera at under a million dollars. It is located at 140 Vista del Parque, Redondo Beach, CA. It is updated and ready for a family that appreciates location and value. Walk to the village and all it has to offer. Torrance Schools. 11/04/2008

Average home price was $807,952 compared with $915,668 a year ago, a 11.8 % price drop.  It took on average 86 days to sell a house - 24 days longer on average than in October '07.  Total of 71 homes sold compared with 57 that sold a year ago.which translates into a 25% increase in sales!!  Highest priced home sold for $2,125,000 while the lowest one sold at $330,000.  IT'S A GREAT TIME TO BUY!  Prices have gone down and interest rates are low - contact me and I'll help you find your dream home! Curious about home sales in your neighborhood?  Click here! Thinking about selling?  Visit http://www.SouthBayHouseValues.com for a FREE Over-The Net - Report! Visit http://www.ISellSouthBay.com for Free MLS! - Use what the pros use to search for homes! 11/04/2008