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Millions Of Dead Fish, King Harbor, Redondo Beach, California, United States
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The beach lifestyle comes at a price: According to public data from the Los Angeles Times, real estate prices increased almost 20% per year between 1999 and 2005. Properties within short walking distance of the ocean routinely sell for well over $1 million. Those with direct, unhindered views routinely ask in excess of $2 million. Money Magazine ranks communities in the area as some of the most expensive places to live in the U.S. The average three-bed, two-bath home costs about $1,000,000 in South Redondo as of 2006 and $875,000 in North Redondo. The 2007 "credit meltdown" has affected home values in the area to a lesser extent than the rest of Southern California.
Geography
Redondo Beach is located at 33°51′23″N 118°22′37″W (33.856514, -118.377081).
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