South Bay New Construction: Where to Find Brand-New Condos & Townhomes

South Bay New Construction: Where to Find Brand-New Condos & Townhomes (Torrance • Redondo Beach • Palos Verdes)

If you’ve been waiting for the right moment to jump back in, this is it. Brand-new homes are opening (and about to open) across the South Bay—primarily in Torrance—with rare opportunities in Redondo Beach and very limited options on the Palos Verdes Peninsula. For buyers and investors targeting 1–4 bedroom condos and townhomes in the starting at $600,000s–$1.2M range, here’s what’s real right now, what’s coming next, and how to get first crack at the best deals.

What’s new (and what’s next)

Torrance: the South Bay’s new-build hotspot

• Welkin 223 (Torrance) — A modern townhome community with 3–4 bedroom layouts, currently showing published prices from ~$939,990 to ~$1.11M and projected 2025 move-ins. If you want space, attached parking, and turnkey new construction inside our target budget, this is one to watch.

• Sage Walk (Torrance) — A new townhome collection coming online with models now open. The interest list is active, making this ideal for early-phase pricing and selection.

• 35 New Townhomes on Crenshaw Blvd (Torrance) — A proposal calls for approximately 35 for-sale townhomes replacing older office buildings along Crenshaw. Still in the pipeline, but worth joining the VIP list early.

Bottom line for Torrance: If you want new construction in the $600,000s–$1.2M band, Torrance offers the most choice today and the strongest near-term pipeline.

Redondo Beach: thin for-sale supply now, but big projects shaping the future

• South Bay Galleria Redevelopment (Redondo Beach) — The city advanced plans for a terraced ~350-unit residential building on the west side of the mall. While details and timing are still unfolding, the project signals more homes and neighborhood vibrancy ahead.

• 1700 W PCH Mixed-Use — New apartments, hotel, and retail are rising along PCH. Not a condo buy today, but it will add amenities and energy to the area—positive for long-term value.

Bottom line for Redondo: Brand-new for-sale inventory is limited and often skews above $1.2M (especially larger two-on-a-lot builds). Buyers in our range will find the best value in newer resale condos/townhomes or by targeting early phases in nearby Torrance.

Palos Verdes Peninsula: scarce new builds, premium pricing

• New construction is exceptionally limited, and many projects land well north of $1.2M. Recent policy changes (like new-build restrictions in certain geologic-risk areas) further constrain supply on the peninsula.

Bottom line for Palos Verdes: Expect very limited opportunities for brand-new homes under $1.2M. If PV is a must-have, we’ll monitor any smaller, newer townhome/condo releases and pair them with “nearly new” options.

Why buy new in the South Bay right now

1) Lock-in value during early phases. Communities release homes in pricing phases; early buyers often capture the best mix of price, location, and design choices.

2) Lower cost of ownership. New construction typically means high-efficiency systems, modern Title 24 standards, and builder warranties—fewer surprise repairs and better monthly utility savings.

3) High rental demand = exit flexibility. Beach-adjacent, job-rich submarkets (aerospace, tech, film, healthcare) create consistent renter demand. Even if you’re buying to live in now, strong rental fundamentals help protect your downside.

4) Amenities and lifestyle. Walkable mixed-use nodes (hello, Galleria area revival) bring everyday conveniences, gyms, cafes, and parks right to your doorstep—an enduring driver of resale appeal.

What’s realistic in the $600,000s–$1.2M band

• Torrance: Best shot at brand-new or soon-to-deliver townhomes with 2–3 (and sometimes 4) bedrooms—often with attached garages and thoughtful storage. Welkin 223 currently shows pricing in range; Sage Walk models are open and building out.

• Redondo Beach: New builds under $1.2M are rare; target smaller new/like-new condos or go early if a for-sale phase is announced near the Galleria/PCH nodes.

• Palos Verdes: Treat “new under $1.2M” as an exception; we’ll prioritize nearly new alternatives while monitoring any smaller releases.

Buyer game plan (so you don’t miss the good ones)

1. Get on the VIP lists now. I’ll add you to Welkin 223 and Sage Walk interest lists for first-release alerts, new phase drops, and any closing-cost/rate-buy-down incentives.

2. Model-home tours—smartly sequenced. We’ll tour Torrance first (bigger pipeline, better odds in budget), then circle Redondo for “nearly new” and watch-list opportunities.

3. Pre-approval = leverage. New-home sales offices move quickly. A ready file gets you into the right home and into the right lot/floor plan before the crowd.

4. Compare true monthly costs. I’ll line-item HOA dues, Mello-Roos (if any), property tax estimates, and utility savings so you can compare new vs resale apples-to-apples.

5. Investor angle? I’ll underwrite rent comps and projected cap rates so you can see if a buy-and-hold makes sense today—and where to target for strongest tenant demand.

Ready to re-engage? Here’s how I can help this week

• 15-Minute New-Build Match Call — Tell me your must-haves; I’ll match you to specific buildings, phases, and release dates.

• VIP Alerts — Be first to know about Torrance phase releases (Sage Walk, Welkin 223) and any for-sale phases tied to Redondo’s redevelopment.

• Hard-Hat & Model Tours — I’ll schedule a single afternoon to see your top three options, back-to-back.

• Investor Snapshot — Quick pro-forma on rent comps, taxes, HOA, and projected returns for your top pick.

Quick disclaimer

Community details, pricing, availability, and timelines change frequently. I’ll verify everything for you before we write any offer.

Ready to explore South Bay new construction? Contact us today to get on the VIP list for upcoming releases in Torrance, Redondo Beach, and Palos Verdes.