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Auction action: New units in Redondo Beach, San Pedro

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More straight-to-auction new construction to report, and these units are closer to the beach than your typical auction fare.

From auctioneer Kennedy Wilson: ‘Starting bid prices for the 3 exquisite, Mediterranean styled townhomes (pictured) in Redondo Beach are just $975,000 -- a significant savings on homes previously priced at up to $1,690,000. These 3 townhomes are offered subject to an unpublished seller’s reserve price.’

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More: ‘Even greater savings are on offer at the 12 luxury condos at Grand View in San Pedro, with minimum bids of $260,000 to $295,000 on homes previously priced from $503,900 to $598,900 respectively.’

The auction is scheduled for Aug. 3.

Your thoughts? Comments? E-mail story tips to peter.viles@latimes.com.

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