Saturday, February 18, 2012

Open House 3011 Johnston Ave Redondo Beach.. Open Sunday February 19, 2012

This property is currently off the market... however  it can be shown by appointment.  Please contact me with any questions.. 

(310) 721-7438 or

 Open House Sunday February 19, 2012 1-4 pm

3011 Johnston Ave Redondo Beach

New Price... now $799,000

Hard to find... Home plus legal Guest house on a large lot

Don't miss this rare opportunity to own a single family home and a permitted guest house on an oversize lot in the TRW tract of North Redondo. ... The main house is an 1860 sq ft 2 bedroom 1.5 baths with large family room, huge dining room and remodeled kitchen and baths.. The guest house is a charming  300 sq + studio with remodeled bath.

This home is the ideal solution if you are looking for a place for parents, grown children or a separate office area. The terrific home is on an 8300+ sq ft lot that has alley access... The possibilities are endless....

This is a wonderful mid-Century home with a definite Palm Springs resort feel..


Anonymous said...

Hi Kaye:

I was wondering what your opinion is of buying at 360 South Bay. Do you think there is a reasonable risk of getting burned? For instance:

1. The development turning into rentals after you buy?

2. They don't sell enough units, the development gets partially built and you end up living in a ghost town?

3. Losing 20% or more on your purchase price (i.e. losing more than $120K)?

I am thinking of jumping into the market but I'm kinda nervous. Your opinion means a lot to me.


Kaye said...


I know a lot of folks who have bought at 360.. the prices have stabilized over the last few months and rates remain low.

If you want new and affordable than this is the only game in town. The values at Fusion, a little south on Aviation, have held up fairly well and I expect that 360 will do the same.

There are still a number of units to be built so you would have to deal with ongoing construction for sometime.

Also location in the complex is very important. I know a few folks who bought in buildings on the corners and near the freeway and it is very, very noisy. These units will be tough to resell.

Personally I would rather buy something a little older in Redondo, Hermosa or El Segundo. Location is always a huge factor and the Beach Cities are just going to hold up better than any place with a Hawthorne address as the units age.

Hope this helps... please feel free to ask more questions..

Anonymous said...

Thank you, Kaye. That helped a lot.

Kaye said...

You are most welcome..