Real estate and homes for sale in the South Bay

Homes in the Beach Cities and South Bay

Congratulations to our Clients On the Sale of their El Segundo Luxury Home

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Congratulation to our wonderful clients.  We just recently closed escrow on this incredible home at 1510 East Oak.  They made our lives easy with a look and feel that was as if it were staged.   We’re happy to announce our latest home sale and so happy that our clients put their trust in us. There are not all that many $2M+ home sales in El Segundo but this was one that was well worth it. The owners did a fantastic job of keeping it in near perfect condition and selling it was a dream.  Congratulations!  View the current homes for sale in El Segundo.

1510 East Oak, El Segundo
      

1510 East Oak in El Segundo was a true luxury home and was listed and sold by Keith Kyle of Vista Sotheby’s

Pier Lighting and Holiday Festival in Downtown Manhattan Beach

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What a way to kick off the holidays.  Tonight is the big holiday kickoff for the South Bay with the Manhattan Beach pier lighting andHoliday fireworks in Manhattan Beach downtown open houses.  Come and see Santa, hear some great musicians and see the mayor flip the switch on the pier to light up the pier, trees and roundhouse aquarium.  Click here to view some of the scheduled events for the pier lighting holiday event.

From the city website:

Enjoy an evening of holiday music, shopping and dining all at one great location, Downtown Manhattan Beach.

The annual Pier Lighting and Holiday Open House is the official start of the holiday season in Manhattan Beach. It is also downtown Manhattan Beach’s local restaurants, retail stores and businesses way of saying thank you to their customers and community for their support and patronage throughout the year. Downtown merchants will be open until 9:00 PM and are sure to offer some distinctive gifts and intriguing offers this holiday season. The restaurants will be serving their original menus and some sampling to get your palette started for an evening of wonderful food. Bring your kids and remember your shopping list!

 

More information from the City of Manhattan Beach website:

 

The 30th Annual Pier Lighting and 25th Annual Holiday Open House
Wednesday, November 20, 2019
6:00 PM to 9:00 PM
Downtown Manhattan Beach and Manhattan Beach Pier

 

Holiday Lighting
In addition to the live entertainment listed below, the City of Manhattan Beach and the Downtown Business and Professional Association will be lighting the streets for the holidays with snowflake lights and lighted street banner.

Festival of Lights
Metlox Plaza will have art installation titled Peace on Earth.

Living Trees on the Pier
Living trees on the pier will be up for one (picture-op taking)week. Special thanks to Brett Zebrowski, owner of Palm Realty, for sponsoring the trees.

THINK LOCAL FIRST.

Schedule of Events (subject to change)

Pier Lighting Schedule (brought to you by the Manhattan Beach Parks and Recreation Department)

6:00 PM Manhattan Beach Middle School Choir
6:30 PM Mira Costa High School Choir
7:00 PM Mayor Nancy Hersman flips the switch that lights the Pier and the Living Trees

Holiday Open House Schedule (Brought to you by the Downtown Business and Professional Association)

Metlox Fountain Plaza (13th Street and Morningside Drive)
5:00 PM to
9:00 PM		 Santa, Sleigh, Family Pictures, Treats, Nicole Face Paints, Jack Tracy Ukulele, Los Angeles Kings Mascot Bailey, and the Soozi Show balloon artist
Metlox Plaza Entertainment
6:30 PM to
9:00 PM		 Strolling Dickens-style Carolers by Harmony Carolers and A Holiday Affair, Michael Holmes on guitar
Manhattan Avenue
6:00 PM to
9:00 PM		 Live Reindeer in front of {pages} a bookstore, Dietz Brothers Band at 10th street, Matt Jazz on saxophone at 12th Street, Hyperion Outfall Serenaders at Chase Bank (MBB), Larry’s Tacos at Manhattan Dental Solutions
Highland Avenue
6:00 PM to
9:00 PM		 Danger Dogs (bacon wrapped street-style hot dogs) at Manhattan Beach Watch Repair on 13th Street
6:00 PM to
7:30 PM		 Strolling Carolers
Manhattan Beach Boulevard
6:30 PM to
8:30 PM		 Strolling Carolers

Take a Video Tour of 3808 The Strand – Spectacular Beachfront Home in Manhattan Beach

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Welcome to the very finest in Southern California beachfront living.  Introducing 3808 The Strand in Manhattan Beach California.   This is true oceanfront luxury in one of the worlds iconic beach locations.  This stunning home offers almost 5,000 square feet, 4 bedrooms, 7 baths, with luxury features throughout.  See details, photos and specs on the 3808 The Strand or contact listing agent Keith Kyle with Vista Sotheby’s International Realty for additional information.

3808 The Strand, Manhattan Beach, CAfrom Keith Kyle

Dealing With Home Inspection and Repair Challenges During Escrow

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One of the more treacherous parts of an escrow is the home inspection and request for repairs.  Often times the buyer thinks that the home inspection is a “checklist” of what needs to be fixed while the seller either thinks their home is perfect or “it was just fine for us so why does the buyer need things that work fine upgraded or repaired”.  Finding middle ground isn’t always easy but a good realtor can help address some of the challenges before they even come up and help manage expectations as how to get through a very challenging situation.

As the chart below shows, 80% of home inspection reports show at least something needing to be fixed.  In our opinion that’s even on the low side….in our experience there are always issues.  We always recommend to both our buyers and sellers to be reasonable.  On the buyer side stick to actual problems or repairs.  If it’s an issue that the buyer will have to immediately pay for to have repaired…it’s a reasonable request.  The biggest challenge items are either those called out as not up to “current “code, or items towards the end of their service life.  Buyers need to understand that the statement “not up to current building code” does not mean it’s necessarily problematic.  Codes change all of the time and unless it’s a clear safety issue, it’s usually best to stick with actual repairs.  Items at the end of their service life really depend on the item, the cost and how extensive the rest of the repair list.  We’ve found that asking for everything usually ends with the seller dismissing any repairs….even the reasonable ones.

Home inspection challenges infographic

Keith Kyle is a top producing realtor and Torrance real estate specialist with Vista Sotheby’s International Realty in the South Bay.  Contact Keith for more information on how the home inspection and escrow process works in Torrance real estate.

Manhattan Beach Real Estate Market Update

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October 2019 Real Estate Recap in Manhattan Beach CA

We saw a continuation of a slowdown in Manhattan Beach during October with only 23 closed home sales during the month.  This was only slightly higher than September which saw only 22 on market home sales.  The summer months were seeing the fairly typical number of home sales in the 40’s so this was a significant drop.    This isn’t overly unusual due to the seasonality of the market but certainly worth keeping an eye on.  The good news is that the saw a sharp rise in homes that have gone into escrow so the monthly sales in November and December should see a significant increase.  Manhattan Beach is very much a luxury home market and median home prices for the month were well over two million dollars (see details below)

The median list price was $2,195,000 with a median sales price of $2,129,000 indicating a solid, but slowing market.  For much of the past 2 years the median sales prices were at or even above the median list prices.  The lowest home sale of the month was a smaller 1,000 foot 2 bedroom townhome at 463 36th Place that sold for $1,150,000 and the highest sale of the month was $6,650,000 for a massive 6,000+ sq foot 5 bedroom home in the hill section at 304 Ardmore.  Average price per square foot (which isn’t overly relevant in Manhattan Beach due to varying views, locations and lot sizes) was just over $1,062.  See the current homes for sale in Manhattan Beach.

October Home Sales in Manhattan Beach

MLS #
Type
   Address
Sold Price
$ per Foot
Bed/Bath
Sq Feet
Year
Sold Date
SB19098375
TWNHS/A
 463 36th PL  
$1,150,000
$1,131.89
2/1,0,1,0
1016/AP
1964/PUB
10/10/2019
SB19195795
SFR/D
 1517 Crest DR  
$1,699,000
$1,306.92
3/2,0,0,0
1300/O
1954/ASR
10/15/2019
SB19150131
SFR/D
 3805 Crest DR  
$1,900,000
$997.90
3/3,0,0,0
1904/A
2006/ASR
10/23/2019
SB19124231
TWNHS/D
 2904 Alma AVE  
$2,375,000
$982.62
4/2,1,1,0
2417/A
2001/ASR
10/3/2019
SB19130916
DPLX/A
 3508 Alma AVE  
$3,175,000
$995.30
5/5,0,0,0
3190/A
1974/ASR
10/28/2019
SB19163094
TPLX/D
 216 14th ST  
$4,550,000
$1,863.23
5/3,0,0,0
2442/A
1950/ASR
10/3/2019
SB19234721
TWNHS/A
 304 3rd ST  
$4,750,000
$1,792.45
4/3,0,1,0
2650/E
2017/ASR
10/31/2019
SB19140128
SFR/D
 1148 Elm AVE  
$1,350,000
$804.53
3/2,0,0,0
1678/A
1957/ASR
10/2/2019
SB19206547
SFR/D
 1821 Elm AVE  
$1,660,000
$965.12
3/1,1,0,0
1720/A
1959/ASR
10/23/2019
SB19180675
SFR/D
 2808 Oak AVE  
$1,805,000
$1,123.91
3/2,0,0,0
1606/A
2012/SEE
10/2/2019
SB19148189
SFR/D
 1411 Pacific AVE  
$2,129,000
$1,067.70
4/3,0,0,0
1994/A
1962/ASR
10/23/2019
SB19174873
SFR/D
 590 33rd ST  
$2,145,000
$1,250.00
3/2,0,0,0
1716/A
1952/ASR
10/18/2019
SB18233870
SFR/D
 608 29th ST  
$2,925,000
$982.86
4/2,1,0,0
2976/A
1990/ASR
10/7/2019
SB19212306
SFR/D
 2805 Palm AVE  
$2,970,000
$906.32
5/4,0,0,0
3277/A
2006/ASR
10/16/2019
SB19168342
SFR/D
 910 28th ST  
$4,125,000
$819.10
5/4,0,2,0
5036/D
2019/BLD
10/9/2019
SB19139844
SFR/D
 804 Duncan AVE  
$2,225,000
$1,050.02
3/3,0,1,0
2119/A
1978/PUB
10/31/2019
SB19115468
SFR/D
 861 8th ST  
$5,600,000
$990.10
5/2,4,1,0
5656/D
2019/BLD
10/3/2019
SB19160120
SFR/D
 304 N Ardmore AVE  
$6,650,000
$1,048.57
5/1,4,1,0
6342/B
2018/BLD
10/2/2019
SB19163177
TWNHS/A
 19 Malaga PL  W
$1,275,000
$879.31
2/2,0,0,0
1450/B
1984/ASR
10/4/2019
SB19117779
SFR/D
 2004 Faymont AVE  
$1,525,000
$1,013.29
3/2,0,0,0
1505/A
1950/PUB
10/4/2019
SB19237683
SFR/D
 1150 Manzanita LN  
$1,925,000
$1,082.07
3/2,0,0,0
1779/D
1950/ASR
10/2/2019
SB19123986
SFR/D
 1731 Ruhland AVE  
$1,625,000
$325.00
4/5,0,1,0
5000/E
2020/EST
10/4/2019
DW19193490
SFR/D
 1351 8th ST  
$1,750,000
$1,063.18
3/1,1,0,0
1646/A
1953/ASR
10/8/2019

 

Our Beachfront Strand Listing Featured in the Los Angeles Times

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We’re always thrilled when we can get our client’s homes the recognition that they deserve. 3808 The Strand was just featured in LA Times business section in an article called “The Pitch”.  View the original LA Times article here

Keith Kyle Homes logo
 
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