Posted on March 5th, 2013 No comments
The well recognized fencing has just gone up around the small 1967 built home at 2210 Robinson St in Redondo Beach. Just purchased for $505,000 which is, effectively, lot value, the owner/builder is going to tear it down and build a brand new single family home. This is a 5,000 sq. foot lot, zoned R-1. Redondo Beach will only allow a single family on this property which is largely the case up and down the south side of Robinson St. The north side of Robinson has larger lots and therefore town homes greatly populate this side of the street.
Construction is scheduled to take approximately 7 months and the finished product should be ready by October 2013.
Posted on June 5th, 2012 No comments
We’re hearing it in the news: new construction is up. Home Builder Stocks and REITS are performing well on Wall Street. And we can see it with our own eyes. There has been a plethora of new town homes and single families being built in North Redondo. Some locations include 1903 Plant Ave, and the 1900 block of Robinson. An older home at 1906 Ernest was recently leveled and construction has started. Four new town homes were completed and sold recently at 1912 & 1914 Graham. New town homes on Rindge and Nelson are moving along. Builders and buyers are back in the market, and they’re both desperately looking for inventory. The one stumbling block could be the dismal unemployment numbers that just came out. We’ll soon see if fear of job loss grips buyers and slows down the market’s rebound.
Posted on January 18th, 2011 No comments
I have spoken to a handful of general contractors in the South Bay since the beginning of the year, and it seems like business is picking up. They all have jobs lined up over the next several weeks for major remodels. Some clients have gutted recently purchased property. Others are staying put in their current residences and giving their homes a face lift.
If you are thinking of updating your home to prepare to sell, remember that you won’t get a 100% return on your remodeling costs. Exterior renovations still seem to go the furthest. Curb appeal and first impressions are crucial when selling your home.