Explore the Neighborhoods, Cities and Communities Around Redondo Beach

Welcome to Redondo Beach, the Beach Cities and the South Bay. While Redondo Beach has something to offer everyone,
some of the neighboring cities offer a flavor and feel all their own. Click on any city below to be taken to a area specific website or page geared specifically for that community.

417 Paseo De La Playa – Once In a Lifetime Property in the Hollywood Riviera

While the price is staggering for this are of the South Bay, there’s no disputing that the home (s) being sold at 417 Paseo De La Playa are pretty incredible.  The lots along Paseo De La Playa are already huge as they extend all the way to the beach but in this case there’s not one, but two separate parcels for sale.  What also makes this compound type property unique is the beach access.  It can take years to go through the California coastal process of trying to get beach access and it’s often denied.  In this case there’s not only beach access but a private volleyball court!  Here’s information from listing agent Chris Adlam of Vista Sotheby’s International.

With over 62,000 square feet of beach-front property on TWO SEPARATE PARCELS, this dramatic compound is almost impossible to duplicate. The main house (417 Paseo de la Playa) is over 10,000 square feet of exquisite living area, and the “companion house” (421 Paseo de la Playa) has over 5,500 square feet. Both homes are located behind gated entrances, both with direct access to the sand, a spectacular pool & spa, a private sand volleyball court, and a large yard. The views span from Palos Verdes through the beach cities, including the entire Santa Monica Bay.

417 Paseo de la Playa, Redondo Beach, CA 90277 (MLS # PV17206016)

(all data current as of 10/21/2017)
Price $25,000,000
Beds 7
Baths 10 baths
Home size 10,200 sq ft
Lot Size 1.44 ac
Days on Market 45
Status Active
With over 62,000 square feet of beach-front property on TWO SEPARATE PARCELS, this dramatic compound is almost impossible to duplicate. The main house (417 Paseo de la Playa) is over 10,000 square feet of exquisite living area, and the “companion house” (421 Paseo de la Playa) has over 5,500 square feet. Both homes are located behind gated entrances, both with direct access to the sand, a spectacular pool & spa, a private sand volleyball court, and a large yard. The views span from Palos Verdes through the beach cities, including the entire Santa Monica Bay. Some of the features include Geothermal heating and cooling, Crestron Home Automation System, Lutron lighting system, movie theater, home gym, wine cellar, elevator, pizza oven, back-up generator, closed circuit cameras, one 4-car garage, one 3-car garage, and much more. This spectacular property offers direct beach access, mesmerizing views, and perhaps most important… privacy. Located just 9 miles from LAX, this is a one of kind, legacy type property, not likely to be replicated in the South Bay.

Property Type(s): Single Family

Last Updated 9/6/2017 Tract
Year Built 2005 Community 128 - Hollywood Riviera
Garage Spaces n/a County Los Angeles
Total Parking n/a

Schools

School District Torrance Unified

Additional Details

Lot 1.44 acre(s) Area 128 - Hollywood Riviera
HOA Dues 0.00 Parking Spaces: 7.00
Pool Description Private,In Ground Utilities Public;
View Description Bay,Bluff,City Lights,Coastline,Ocean,Panoramic,Pier,Pool,Water,White Water Water Public
Waterfront Description Beach Access,Beach Front,Ocean Access,Oc

Features

Air See Remarks
Air Conditioning Yes
Fireplace Yes
Garage Direct Garage Access, Garage - Two Door, Oversized, P
Heat See Remarks
Interior Elevator, High Ceilings (9 Feet+), Home Automation System
LotDescription Back Yard, Bluff Front, Lot Over 40000 Sqft, Yard
Master on Main Yes
Pool Yes
Style Custom Built
View Yes
Waterfront Yes

Location

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Listing provided by : Chris Adlam CalBRE:00967574, Vista Sotheby's Int'l Realty

(view all details for MLS #PV17206016)

Redondo Beach Real Estate in September – By the Numbers

Just like the rest of the Beach Cities, the Redondo Beach real estate market is on fire.  August saw 113 home sales.  Here’s a quick recap of the Redondo market based on todays date of 9/19/17:

Active Listings

  • Current active homes for sale: 111
  • Average list price:  $1,887,000 (which is very skewed due to a $25M listing, $16M listing and $13M listing)
  • Median price of homes for sale:  $1,199,000
  • Average list price without $25.0M, $16.0M and $13.0M listings:  $1,440,000
  • Average days on market:  63
  • Highest price:  $25,000,000
  • Lowest price:  $469,000

Pending Sales

  • Number of pending home sales:  103
  • Average list price:  $1,169,000
  • Median list price $1,049,000
  • Highest price: $4,999,000
  • Lowest price:  $464,000

Closed Sales (past 30 days)

  • 104 closed sales
  • Average list price:  $1,188,000
  • Average sales price:  $1,179,000
  • Median list price: $1,089,000
  • Median sales price: $1,073,000
  • Highest sale: $3,250,000
  • Lowest sale: $437,000

 

The Changing Face of Paseo De La Playa in the Hollywood Riviera

For lack of a more refined way of putting it….Paseo De La Playa in the Hollywood Riviera is probably one of the coolest streets in the South Bay.  With enormous lots that extend all the way to the sand at Torrance Beach, panoramic ocean views and stunning queens necklace views, these homes offer it all.  Unlike the beachfront homes of the Manhattan and Hermosa Strand, homes on the west side of Paseo De La Playa offer stunning ocean and coastline views by day, stunning sunsets in the evening and incredible ocean/city lights at night.  Most of the homes along the street were tract type houses built in the 1970s with very much a Brady Bunch look and feel.  That’s all changed in the last few years with 7 of the homes having extreme makeovers.  See the current homes for sale on Paseo De La Playa in the Hollywood Riviera.

Before

After

2015

2017

 

So How Do I Find Out About Off Market and Pocket Listings in Redondo Beach?

In the incredibly competitive Redondo Beach real estate market many homes are not even making it to the local MLS.   Some of these homes quietly get sold without the general public even knowing that they were for sale.  So how do you find out about these homes?  First it’s important to understand just what we’re talking about.

What does off market or a pocket listing mean?

It can actually mean a few different things but in general, when we refer to homes sold off market or pocket listings these are homes that are never put on the MLS and therefore unknown to most buyers and many realtors.  That means that searching the Redfins and Zillows of the world may mean that you’re not aware of these types of opportunities.

Why would a Redondo Beach home seller want to sell the home off market?

In general it’s not a great idea.  Fewer buyers that know about the home usually means less competition and ultimately a lower sales price.  That’s certainly not always the case but usually accurate to some extent.  Sellers have many reasons for not wanting to put their home on the market.  It may be due to privacy reasons such as not wanting the neighbor or even the tenant know that the home is for sale.  It may be that they don’t want to deal with some of the hassles that come along with listing a home…..buyer’s and agents that want to show the home at all hours, open houses on the weekends and more people simply curious with few legitimate buyers.  Whatever the reason it does limit the exposure and again usually limits the price.

That’s why it can be a good opportunity for buyers….less competition, fewer bidding wars which generally leads to a lower sales price.

How do I find out about these homes in Hermosa Beach?

Unlike the MLS listings, off market, upcoming and pocket listings are much more elusive.  The key is to work with an agent that has deep connections in the community and market.  Some of the top realtors in certain areas may share information on these hard to find opportunities and the larger or more numerous the seller and agent networks, the more information the agent can obtain.

We are happy to help you find off market homes but this requires a good deal of work, considerable communication with sellers and agents and a readiness to act should the right home come available.  If you would like us to help find off market opportunities and you are not currently working with a realtor please feel free to text us at 310-251-2344 or email us with the details of your home search.

Redondo Beach Nears $1,000,000 for July Median Home Prices

July was a crazy month throughout the South Bay with double digit year over year percentage changes in most of the cities. There was no real rhyme or reason to it with some cities way up and others way down. Redondo Beach real estate was one of the exceptions to the massive percentage changes with a very modest 6% increase in home prices over July of 2016.  Overall Redondo Beach saw 95 home sales with a median price of $975,000.

City Homes Sold July 2017 Median July 2016 Median Year over Year % Change%
Carson 60 $480,000 $445,000 8%
El Segundo 20 $1,055,000 $1,310,000 -19.5%
Gardena 65 $549,000 $454,000 21%
Harbor City 15 $439,000 $550,000 -20.2%
Hawthorne 35 $730,000 $562,000 30%
Hermosa Beach 19 $2,025,000 $1,410,000 43.6%
Lawndale 15 $515,000 $430,000 19.8%
Lomita 21 $598,000 $585,000 2.1%
Long Beach 331 $520,000 $471,500 10.3%
Manhattan Beach 48 $2,449,000 $2,200,000 11.3%
Marina Del Rey 36 $921,000 $974,000 -5.4%
Palos Verdes Estates 28 $1558,000 $1,800,000 -13.4%
Playa Del Rey 20 $613,000 $629,000 -2.5%
Rancho Palos Verdes 63 $1,345,000 $1,160,000 15.9%
Redondo Beach 95 $975,000 $920,000 6%
San Pedro 63 $542,000 $542,000 0%
Torrance 113 $687,000 $617,000 11.4%
Westchester 33 $1,185,000 $1,116,000 6.2%

June 2017 Home Sales and Home Prices for Redondo Beach

By Keith Kyle

June 2017 was a big month for home sales in Redondo Beach CA with a fairly huge number of homes selling.  The summer months are always an active market and this year was no different with 117 homes closing escrow.  Thats well above the normal number of Redondo homes selling in a month.  Median home prices were up just a bit over June of the previous year with the median home in Redondo Beach selling at just under $970,000 which was a 2.5% increase from June of the prior year.  Click here to track all of the important real estate trends for Redondo Beach CA.

City Homes Sold June 2017 Median June 2016 Median Year over Year % Change%
Carson 61 $445,000 $450,000 -1.1%
El Segundo 15 $800,000 $1,135,000 -29%
Gardena 70 $461,000 $430,000 7.2%
Harbor City 19 $465,000 $547,000 -15%
Hawthorne 45 $592,000 $624,000 -5.1%
Hermosa Beach 26 $1,718,000 $1,274,500 34.8
Lawndale 12 $535,000 $519,000 3.1%
Lomita 18 $565,000 $555,000 1.8%
Long Beach 419 $523,000 $470,000 11.2%
Manhattan Beach 57 $2,467,000 $1,924,000 28.2%
Marina Del Rey 34 $968,000 $900,000 7.6%
Palos Verdes Estates 46 $1,679,000 $1,533,000 9.5%
Playa Del Rey 34 $683,000 $603,000 13.3%
Rancho Palos Verdes 75 $1,240,000 $1,200,000 3.3%
Redondo Beach 117 $969,000 $945,000 2.5%
San Pedro 82 $510,000 $500,000 1.9%
Torrance 184 $673,000 $635,000 5.9%
Westchester 42 $1,090,000 $1,050,000 3.8%

Summer Concerts in Redondo Beach

By Keith Kyle

If you’re looking for a great alternative to the beach for some summer entertainment, the summer concert series is a great option. The city of Redondo Beach is offering “Concerts on the Pier” every Thursday and Saturday through August 31st from 6pm to 8pm.  The upcoming schedule includes:

  • August 10 – Ghost in the Machine (Police cover)
  • August 12 – Scrap Yard Aces
  • August 17 – Living Cover
  • August 19 – Elwood Moon
  • August 24 – Abrakadabra
  • August 26 – Like Zeppelin (Led Zeppelin cover)
  • August 31 – Strange Days (Doors cover)

Why do the carpets in every bank owned home look like this?

By Keith Kyle

Bank owned homes are pretty rare these days but the occassional home that comes on the market always seems to look the same. I understand that people were forced to leave the home without a choice so it’s not surpising to see some damage, things removed, etc. but I can never quite figure out how they get the carpets to look so terrible? People around here can’t live like this can they? I certainly don’t see carpets looking like this so it must mean people are doing it on purpose…but how can you make it look this bad?  Maybe there’s some sort of online tutorial as to how to not just destroy the carpet….but make it look like you repaired cars in the house.  It’s a mystery that I just don’t understand.

Classic California Craftsman Coming Soon in Old Torrance

Coming soon to Old Torrance, this spectacular craftsman harkens back to a different era.  Sitting on an oversized lot on a beautiful tree lined street, this wonderful home offers a sense of nostalgia hard to find in today’s real estate market.  Contact listing agent Keith Kyle of Vista Sotheby’s International for more information.