June 2026 South Bay Real Estate Market Update

One of the biggest misconceptions in today’s real estate market is that everything for sale can be found on Zillow, Redfin, Realtor.com, or the MLS.

In reality, a meaningful percentage of South Bay real estate transactions begin long before a property ever reaches the public market. Some sellers prefer privacy. Others want to test pricing without accumulating days on market. Some simply want to see if the right buyer exists before committing to photography, staging, open houses, and a full MLS launch.

Over the past several weeks, our network has identified more than 25 off-market and pre-market opportunities across Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach, El Segundo, and Playa Del Rey.

For buyers actively searching in the South Bay, these opportunities can provide access to inventory that most buyers never know exists.

What Is an Off-Market Property?

An off-market property is a home that is available for sale but is not currently listed on the Multiple Listing Service (MLS).

These opportunities often circulate privately through agent networks, brokerage relationships, past clients, and local connections. In some cases, the seller may never publicly advertise the home at all.

Benefits can include:

Less competition from other buyers
More flexible showing schedules
Greater privacy for sellers
Early access before public marketing begins
Opportunities to negotiate before bidding wars develop

South Bay Luxury Market Continues to Show Strength

The luxury market throughout the South Bay remains remarkably resilient.

Inventory remains limited in many of the area’s most desirable neighborhoods, including:

Valmonte
Malaga Cove
Montemalaga
Hollywood Riviera
South Redondo Beach
Hermosa Beach Sand Section
Manhattan Beach Tree Section
Manhattan Beach Sand Section

Many well-qualified buyers continue to compete for move-in ready homes, view properties, and larger lots.

As a result, more sellers are exploring quiet marketing strategies before launching publicly.

Featured Off-Market Opportunities

Manhattan Beach Tree Section

Approx. $8.5M

A newly constructed luxury residence offering approximately 5,000 square feet with five bedrooms, six bathrooms, a basement recreation area, gym, sauna, and future pool potential.

Redondo Beach Esplanade

Approx. $8.5M

Rare new construction featuring panoramic ocean views, rooftop entertaining space, elevator access, and a premier oceanfront location.

Manhattan Beach Hill Section

Approx. $8M

Large ocean-view property situated on an oversized lot with significant long-term value and exceptional coastal views.

Hermosa Beach Sand Section

Approx. $6.15M

A recently built coastal home designed around indoor-outdoor living, featuring expansive entertaining spaces, rooftop ocean views, and luxury finishes throughout.

Rancho Palos Verdes Coastal Estate

Approx. $5.95M

Private gated property overlooking Abalone Cove with expansive ocean views, direct shoreline access, and over 32,000 square feet of land.

Hermosa Beach Ocean-View Duplex

Approx. $5.9M

A unique owner-user opportunity combining panoramic ocean views with supplemental rental income in one of Hermosa Beach’s most desirable locations.

Hermosa Beach Multifamily Opportunity

Approx. $5.5M

Six-unit investment property in the Sand Section offering rare income-producing potential near the beach.

South Redondo Luxury Residence

Approx. $5M

Nearly 5,000 square feet of living space with rooftop views, elevator access, wine cellar, basement level living, and proximity to Riviera Village and the beach.

Palos Verdes Estates | Montemalaga

Approx. $4.25M

Completely reimagined mid-century modern home with panoramic city, mountain, and Queen’s Necklace views.

El Segundo Custom Home + ADU

Approx. $3.2M

Custom-built single-level residence featuring high-end finishes, generous outdoor space, and a separate ADU ideal for guests, family, or rental income.

Rancho Palos Verdes Estate Property

Approx. $2.9M

Nearly one acre featuring a remodeled farmhouse-style residence, pool, pool house, solar system, and exceptional privacy.

Torrance Southwood

Approx. $2.1M

Extensively renovated home with a new pool, spa, outdoor entertaining spaces, and luxury upgrades throughout.

Additional Opportunities

Additional off-market opportunities currently exist throughout:

Manhattan Beach Tree Section
Manhattan Beach Sand Section
Hermosa Beach Sand Section
South Redondo Beach
North Redondo Beach
Torrance Country Hills
North Torrance
Playa Del Rey
Redondo Beach 55+ Communities

Many of these properties are expected to reach the public market later this summer if not sold privately first.

What Buyers Should Know Right Now

Three trends continue to stand out:

1. Hidden Inventory Exists

Many homeowners are willing to sell but have not yet committed to publicly listing their property.

2. Move-In Ready Homes Command Premium Pricing

Updated homes continue to attract the strongest buyer demand, particularly in Manhattan Beach, Hermosa Beach, South Redondo, and Palos Verdes Estates.

3. Relationships Matter More Than Ever

The buyers gaining access to the best opportunities are often the ones connected to active local networks and consistent market intelligence.

By the time many properties appear online, the most motivated buyers have already toured them.

Looking for Something Specific?

Whether you’re searching for a luxury view property, an investment opportunity, a future build site, a downsizing option, or your next family home, there are often opportunities available that never reach the public market.

If you’re actively searching in Palos Verdes Estates, Rancho Palos Verdes, Rolling Hills, Rolling Hills Estates, Redondo Beach, Hermosa Beach, Manhattan Beach, Torrance, or surrounding South Bay communities, reach out directly.

New off-market and early-access opportunities surface throughout the month, and many are sold before the public ever sees them.

Cliff

Global Real Estate Advisor
Scherb Homes Group
Vista Sotheby’s International Realty

310-696-6648
Cliff@ScherbHomes.com

DRE #02207710

Learn more