Portfolio Home Realty is a licensed California real estate brokerage (DRE #02232009) serving home buyers in Redondo Beach, Los Angeles County, California. We provide full-service buyer representation and return 1% of the purchase price to the buyer as cash at closing.

How the rebate works in Redondo Beach: The seller pays a 2.5% buyer agent commission ($32,500 on a $1.3M home). Portfolio Home Realty retains 1.5% ($19,500) and returns 1% ($13,000) to the buyer at closing.

Median home price in Redondo Beach: $1.3M. Cash rebate on median purchase: $13,000.

Pre-qualification: Buyers should get pre-qualified before searching. Our partner iLoanCA (https://www.iloanca.com) provides free, fast pre-qualification with no credit impact.

Contact: (949) 379-5320 | mike.basti@portfoliohomerealty.com | 13763 Fiji Way, Marina Del Rey, CA 90292  ·  4000 MacArthur Blvd, Ste 600, Newport Beach, CA 92660 | DRE #02232009

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Redondo Beach King Harbor marina with sailboats, the horseshoe pier and waterfront condominiums on a clear day — Portfolio Home Realty buyer agent
Redondo Beach, Los Angeles County

Buy a Home in Redondo Beach
Get Cash Back at Closing

Portfolio Home Realty represents buyers across Redondo Beach — the townhomes of North Redondo, the walkable Avenues near the Esplanade, and the hillside blocks of the Hollywood Riviera. Full representation plus a 1% cash-back rebate at closing: at the Redondo Beach median of $1.3M, that is $13,000 back to you. DRE #02232009.

Redondo moves fast — desirable listings can be gone in a weekend. Our agents keep you first in line, write offers that win, and return 1% of the price to you at closing, since the seller pays our commission. Get pre-qualified first →

$1.3M
Median Price
25 days
Avg. on Market
$13,000
Your Cash Rebate
Seller's
Market Type
Get my free rebate estimate →
📅 Last updated: May 2025  ·  Median prices reflect April 2025 market data  ·  View all buyer guides →

Buying a Home in Redondo Beach, California

Redondo Beach is the most attainable of the three South Bay beach cities, and for many buyers it is the realistic way into a beach-city lifestyle. The pier and King Harbor anchor the waterfront, the Esplanade delivers one of the best sunset walks in Los Angeles, and the numbered Avenues put you within a bike ride of the sand. Well-rated beach-cities schools and steady aerospace employment nearby keep demand strong year-round.

The city splits sharply into North and South Redondo, and the product mix matters as much as the neighborhood. Redondo is the townhome capital of the South Bay — two-on-a-lot and detached-condo homes far outnumber traditional single-family lots — so understanding HOA structures, shared-wall construction, and which street is trending is central to buying smart. Our agents live in these distinctions, and because the seller pays our commission, we hand 1% of the purchase price back to you at closing.

Redondo Beach Neighborhoods & Submarkets

In Redondo, a few blocks and a shared wall can mean a six-figure price difference. Here is how our agents frame the main areas.

The Avenues

The numbered and lettered streets of south-central Redondo, walkable to the Esplanade and the pier. A mix of single-family homes and newer townhomes trading right around the city median — the classic Redondo target for buyers who want to walk to the water.

Median: $1.3M

North Redondo (Golden Hills)

The inland side near Artesia and Aviation, close to Northrop and the tech corridor. A remodeled single-family home and an older townhome on the same block can price worlds apart, so this is where local knowledge pays off most.

Varies by block

Townhome Corridors

Redondo's signature product: two-on-a-lot and detached-condo townhomes spread across both North and South. For most first-time and move-up buyers, this is the most attainable way into a beach-city ZIP code — if you read the HOA and party-wall details carefully.

Below city median

Hollywood Riviera & the Esplanade

The upscale southern hillside and the oceanfront Esplanade blocks — village shops, ocean views, and larger single-family homes that command the city's top prices. We help you judge which view premiums the comps actually support.

Above city median

What Our Agents Know About Redondo Beach

These are the market realities every Redondo Beach buyer should understand before submitting an offer.

The Rebate Works in Your Favor Here

At the Redondo median of $1.3M, our 1% rebate is $13,000 back at closing. In a townhome-heavy market that can cover months of HOA dues, a special assessment reserve, or the moving and furnishing costs that always follow a beach-city purchase. Most buyers never learn the rebate exists until they work with us.

When to Act in This Market

Redondo is a firm Seller's Market with homes averaging just 25 days on market — fast even by South Bay standards. Well-priced Avenues and Riviera listings routinely draw multiple offers within days, so being pre-underwritten and ready to tour the moment a home hits is the difference between winning and watching it sell.

Disclosure & Due Diligence

Because so much of Redondo is townhomes and condos, the HOA package is often where deals are won or lost. We dig through CC&Rs, reserve studies, pending special assessments, and party-wall and easement terms — plus the standard beach-city inspection and disclosure items — so you know exactly what you own before you remove contingencies.

📖
From our Blog

How the 1% Cash Back Rebate Works

Expert advice for Redondo Beach home buyers — read our full guide.

Read →
Buyer Tip

Why You Should Get Pre-Qualified Before Searching in Redondo Beach

Most sellers won't consider your offer without it — here's how to get it done in 5 minutes, free.

Read →
Portfolio Home Realty Buyer Tip — Redondo Beach

In a 25-day market, a fully underwritten loan is your edge. Ask your lender to underwrite you up front — and if you are buying a townhome or condo, confirm they have reviewed the HOA's warrantability so financing doesn't stall after you're in contract. Redondo sellers reward the buyer who can close without drama.

Why Redondo Beach Buyers Choose Portfolio Home Realty

We are full-service South Bay buyer agents who happen to share our commission with you. On the ground in Redondo, that means:

South Bay fluency — North vs. South Redondo, townhomes, and the Riviera
Full transaction management — tours through closing
Fast, data-backed offers that win multiple-bid situations
$13,000 cash back at closing (1% of purchase price)

How the Redondo Beach Cash Rebate Works

In a Redondo sale the seller funds the buyer-agent commission, and we pass a full 1% of the price back to you at closing. On a $1.3M home, the math looks like this:

Get Pre-Qualified Before You Buy in Redondo Beach

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Know your real budget

Stop guessing. Get an exact number so you only tour homes you can actually buy — and negotiate with confidence.

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Win in Redondo Beach's market

Sellers won't consider offers without a pre-qual letter. In a competitive market, it's the difference between winning and losing.

Move fast when it matters

The best homes go fast. With financing lined up, you can submit an offer the same day you find the right home.

Answer a few quick questions and get your free pre-qualification letter — no commitment, no hard credit pull.

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Source: Freddie Mac PMMS via FRED

✦ What To Know Before Buying Here

  • Median home price in Redondo Beach: $1.3M — you get $13,000 back at closing
  • Market: LA County — competitive, pre-qualification required before offers
  • Your agent: Portfolio Home Realty DRE #02232009 — full service, no trade-offs
  • Next step: Get pre-qualified free — takes 5 minutes, no credit pull

Your Rebate at Closing — $1.3M Purchase

Seller pays our commission · We share it with you

Seller pays buyer agent commission (2.5%)
$32,500
Portfolio Home Realty retains (1.5%)
$19,500
Your cash rebate at closing (1%)
$13,000

Rebate up to 1% of purchase price. Subject to lender approval.

Frequently Asked Questions — Buying in Redondo Beach

How much cash back can I get when buying in Redondo Beach?
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We return 1% of the purchase price to you as cash at closing. At the Redondo Beach median of $1.3M, that is $13,000 back — enough to cushion HOA dues or a move into a beach-city townhome. The rebate is fully legal under California law and changes neither your price nor the seller's proceeds.
Does getting a rebate affect the quality of representation I receive?
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Not at all. You get the full package — same-week tours, HOA and disclosure review, offer strategy tuned for multiple-bid situations, inspection coordination, and escrow management through closing. The rebate is carved out of our commission, not out of your service.
What's the current Redondo Beach real estate market like?
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Redondo Beach is a Seller's Market, with a $1.3M median and homes averaging just 25 days on market — expect competition on anything well-priced near the beach. We prepare a fresh comparative market analysis, including recent townhome and HOA comps, before you write on any Redondo home.

About Portfolio Home Realty in Redondo Beach

Portfolio Home Realty is a licensed California real estate brokerage (DRE #02232009) serving home buyers across the South Bay beach cities and greater Los Angeles County. Our Redondo Beach buyer agents provide full-service representation — including the townhome, HOA, and multiple-offer strategy this market demands — while returning 1% of the purchase price to our clients as a cash rebate at closing. To speak with a Redondo Beach buyer agent, call (949) 379-5320 or email mike.basti@portfoliohomerealty.com.

Buy in Redondo Beach —
Get Cash Back.

Talk to a licensed Redondo Beach buyer agent today. Free consultation, no obligation. We'll walk you through your exact rebate estimate and answer every question.

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(949) 379-5320
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Browse real-time MLS listings in Redondo Beach and all of Southern California. Any home you buy earns you 1% cash back at closing.

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