Tiny Homes Are a Hot Ticket Item
I've been seeing this trend for a while now in the hipster Westside neighborhoods but not so much at the beach quite yet. What I'm referring to is ultra small houses (beach cottages) that optimize the space and sell for about the same (or less) than larger Townhomes or condos. One of the added advantages is that if the lot size would accommodate it there's always the opportunity to expand.
A little background as to what is driving this.
Baby Boomers and Millennial buyers dominate the real estate market. They are buying more homes than any of the other buying groups and they are driving the choices for types of homes in demand. These Buyers are excited about investing in homes that are more useable and versatile in lieu of being larger. Homes that have well-organized cabinet and storage space are in hot demand for both of these generations and smart builders are opting to build smarter homes rather than larger homes.
Check out this video to see what I'm talking about.
"SMALL" REDONDO BEACH LISTINGS
317 S Francisca Av, Redondo Beach 90277 MLS SB17235188
"Vintage beach cottage that has been lived in by the same family since the 1940's. Large living room, hardwood floors, adorable chair rails and built in cabinets. Kitchen has lots of cabinet space and an original cooling cabinet (before fridges were standard). Built in dining area table with booth seating. Bathroom has original clawfoot tub and no shower. Original dial type phones too. Small detached office with windows or use as a storage room. This additonal room is located next to the single garage. If tiny houses are the all the rage right now, then this house is way ahead of its time! A 150' deep lot gives the buyer so much upside potential: build a large garage in the back or cultivate with organic fruits and vegetables. House needs interior paint and some minor updating to bring it gracefully into the 21st century. Step back in time, to a more simple era ."
786 Sq Ft on a 6000 Sq Ft lot priced at $980,000.
1222 S Prospect Av, Redondo Beach 90277
"Single family home w/guest quarters. Home features 2 bedroom 1 bath, View of Palos Verdes Hilllside! Complete remodel 2013. Plus separate guest quarters w/private entrance, FP, Kitchenette, 3/4ba. This unique hard to find property has been professional renovated to the studs! warm 7 welcoming nothing was overlooked! Open Living/Dinning/Kitchen provides usage & comfort of a much larger living space. Solid wood flooring thru-out, Dual pane Pella windows, crown molding, Pella weather proof entry door, Interior TM COBB solid doors w/EmTek hardware, TM COBB dutch door.d Kitchen is incredible! A chefs envy, designed w/high quality detail, Custom Kraftmaid cabinets, Granite counter tops, Decor Stainless 6 burner gas stove, Miele vent hood, Kitchen aid stainless dishwasher, Microwave and wall oven, recessed lighting, Pella dual pane bay window. Beautifully designed bath, with granite counter on vanity, Dual tub/shower has natural stone design w/ceramic flooring. Separate laundry room attached to garage. Additional features are; Newer 30yr Roof, Type L copper plumbing thruout, ABS drains/vents, Takagi tankless waterheater, Attic storage w/pull down stair access, Forced Air/Heating. This welcoming home is surrounded with lush professional landscaping, outside gas fire pit, Paver stone driveway & walkways around home & leading to guest quarters. Landscape lighting. Sprinkler system Font/Rear/Sides. mature Lime & Fig Trees. Rain gutters. Walk to beach, parks, Redondo Schools."