Torrance real estate and homes for sale

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Off market home for sale in the Golden Hills – 1638 Spreckels Lane

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By Keith Kyle

**Update – In Escrow**

Sitting on a quiet one way street in the Golden Hills of Redondo Beach, this charming single level home on an oversized lot is in the Jefferson School area and only 1 block to Hermosa Beach.  This beautiful home offers original beach bungalow charm but with an expanded floorplan and updated spaces.  From the moment you see the home the curb appeal and pride of ownership is appearant with the extra large lot offering a sense of space rarely seen in the Golden Hills.  The white picket fence and grassy front yard offers real coastal charm.  Enter the home into the living room with great light, hardwood floors and a great layout perfect for entertaining.  The open kitchen offers stainless appliances, tile countertops, pantry and more.  Conveniently located 1/2 bath and laundry room sit just off of the kitchen.  Rare for the neighborhood, 1638 Spreckels offers 3 nice sized bedrooms all on one level and each feature hardwood floors, large mirrored closets and great light.  The rear of the home offers a spacious family room with cozy brick fireplace and sliders that lead directly to the backyard.  The backyard offers fruit trees and mature landscaping allowing for privacy to enjoy summer evenings and beach breezes.  Contact Redondo Beach listing agent Keith Kyle with Vista Sothey’s International for more information.

See all of the current Golden Hills homes for sale in Redondo Beach 

  • 3 Bedroom, 1 1/2 Bath
  • 1408 square feet
  • 4,052 foot lot
  • Built in 1952

 

Pocket and Off Market Home Listings in Torrance CA

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By Keith Kyle

If you’re a home buyer at the moment, you’ve probably been a little frustrated with just how little housing inventory there is, how quickly the good homes sell, and how often they sell for far more than they were listed.  You’ve probably also heard the terms pocket listings and off market listings as those are definitely the buzz words of the moment.

So what do these words really mean and how do you find out about them?

Pocket listings and off market listings can mean several things, but basically they are homes that agents may, or may not, have formal agreements to sell, but are aware the sellers are interested in selling.  Most often the realtor has a written agreement to represent the sellers, but for one reason or another, the sellers either don’t want their home to be put on the MLS or perhaps they just aren’t quite ready.  In other situations it may be far more informal with either the homeowner telling a realtor “bring me a buyer and maybe I’ll sell” or something in which the owner would only consider selling at a price over the market value of the home.

So how does this help you?

The concept is pretty simple….the fewer buyers that know about a home the better the chances of having your offer considered and accepted.  Without the buyer frenzy that comes with most new listings these days the price may be kept at a reasonable level as well.

So how do you find these homes?

The best way to find these off market listings is to work with a successful local agent that specializes in the area you’re interested in.  It’s all about networking and the more owners, sellers and other agents the realtor is in contact with the more likely they may have ways of finding listings the public isn’t aware of.   Good agents will also actively seek out some unknown sellers with letters or even by door knocking.  Buyers can certainly try this on their own as well, but just won’t have the same reach as a well connected local agent.  If you would like us to help simply fill out our “let me know about pocket listings form” and specify if you want us to update you on all listings….or just the homes not on the market.

Be realistic

Although many deals are happening off market and it is a very good way of trying to find a home in a very challenging sellers market, buyers must be realistic.  Finding something off market generally doesn’t mean paying 70% of it’s value.  In our very high end market in which sellers have resources and information to know what their homes are worth, sellers are very savvy and often only willing to sell their homes off market if the price is right.