New Details on Toll Brothers' Redondo Beach Project: Prices From $1.977M, Three Affordable Units Included

More details are emerging about the biggest new-housing story on the Redondo Beach coast. LA YIMBY reported Sept. 24 that sales have opened for the 43-home residential community at 122 North Pacific Coast Highway, where Toll Brothers is advancing a project previously entitled by City Ventures on property owned by the Archdiocese of Los Angeles.

The entitlement, approved by the Redondo Beach Planning Commission, calls for 43 homes across eight buildings on parcels at 122 and 126 North Pacific Coast Highway and 208 Central Court, approved via a conditional use permit, design review, and Vesting Tentative Tract Map No. 84401. Notably, three of the 43 residences are reserved for very-low-income households as part of the project's affordable housing commitment — a requirement that helped the project move forward.

The product is three-story townhomes with attached two-car garages, in four designs ranging from about 1,730 to 2,123 square feet. Current starting prices range from $1,976,995 for the Arra plan to $2,188,995 for the Lido Elite — just under the $2 million threshold Toll Brothers announced in its own release earlier this month. The sales center at 101 N. Pacific Coast Highway opened Sept. 19.

This is a meaningful supply addition for a coastal market that almost never gets new construction: 43 brand-new townhomes within walking distance of the harbor and pier, in a city where resale inventory stays tight and the median listing sits around $1.5 million. For buyers priced out of Redondo Beach's single-family market, these townhomes — including the income-restricted units — are a rare alternative to competing for aging resale condos.

Source: LA YIMBY — https://layimby.com/2026/09/sales-open-for-43-home-community-at-122-north-pacific-coast-highway-in-redondo-beach.html

Curious what these market shifts mean for your home? Get a free personalized valuation →