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

 

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%

Multiple Homes for Sale on Camino De Encanto in the Hollywood Riviera

By Keith Kyle

It’s not often that we see homes come on the market in the lower Hollywood Riviera neighborhood that’s west of Palos Verdes Blvd.  Occassionally we see a home or two and more often than not, there is nothing on the market in this area.  What makes this part of the Hollywood Riviera so great is that it’s walking distance to Torrance Beach and not far from the downtown shopping and dining area of Riviera Village.

That certainly couldn’t be further from the case at the moment as there are 4 homes for sale on Camino De Encanto in the Hollywood Riviera.

There are current 4 homes on the market and all are within a 1/2 block.  This is pretty unheard of an probably not ideal for any of the homes as when buyers have options….they want to negotiate.  Contact us for more information or visit our Hollywood Riviera homes for sale page to view all of the current lisitngs.

Redondo Beach CA Home Sales and Prices for December 2016

By Keith Kyle

December was a pretty typical month in Redondo Beach real estate with 75 home sales at a median price of $900,000.  December traditionally is a much slower month but with the continued demand for Redondo Beach homes, there doesn’t seem to be such a thing as a slow month.  Click here to see the sold homes in Redondo Beach for December.  For the current homes for sale visit our active listings page.

City Homes
Sold
December
2016 Median
December
2015 Median
Year
over Year % Change%
Carson 54 $450,000 $420,000 7%
El Segundo 14 $816,000 $1,171,000 -30.3%
Gardena 44 $504,000 $413,000 22.1%
Harbor City 9 $523,000 $404,000 29.5%
Hawthorne 37 $575,000 $520,000 10.6%
Hermosa Beach 17 $1,380,000 $1,625,000 -15.1%
Lawndale 8 $393,000 $521,000 -24.6%
Lomita 6 $473,000 $535,000 -11.6%
Long Beach 298 $490,000 $435,000 12.6%
Manhattan Beach 38 $1,863,000 $1,831,000 1.7%
Marina Del Rey 21 $955,000 $945,000 1.1%
Palos Verdes Estates 25 $1,550,000 $1,675,000 -7.5%
Playa Del Rey 20 $658,000 $612,000 7.5%
Rancho Palos Verdes 47 $1,088,000 $945,000 15.1%
Redondo Beach 75 $900,000 $855,000 5.3%
San Pedro 58 $515,000 $485,000 6.3%
Torrance 112 $656,000 $585,000 12.1%
Westchester 32 $943,000 $892,000 5.7%

2160 Plaza Del Amo 3 Bedroom Townhome – Just Sold

2160 Plaza Del Amo # 165, Torrance 905012160 Plaza Del Amo copy

Just in time for summer, this beautiful and spacious townhome located in one of Torrance’s great neighborhoods offers numerous upgrades in the peaceful Park Plaza community.  This two level townhome offers an ideal layout with all 3 bedrooms upstairs and all living areas on the first floor.  The first floor offers a beautiful kitchen and breakfast nook overlooking one of the multiple patios and decks.   The dining room and living room sit just off of the kitchen and offer solid hardwood walnut floors and a custom-built fireplace and direct access to the patio making it ideal for entertaining and indoor-outdoor living.  Upstairs the master suite features vaulted ceilings, a ceiling fan and a balcony looking out over the treetops. The two other bedrooms are bright and spacious making for an ideal floorplan.   Detached separate 2 car garage steps away.  Park plaza offers a gated entry, lushly landscaped open space, pool,spa and club house. This is a wonderful property in a tranquil setting, and resides in the award winning Torrance Unified School District.

Contact listing agent Keith Kyle with Vista Sotheby’s International for more information.

2160_Plaza_del_Amo_pool5 copy 2160_Plaza_del_Amo_living4 copy 2160_Plaza_del_Amo_master1 copy 2160_Plaza_del_Amo_living5 copy 2160_Plaza_del_Amo_kitchen4 copy 2160_Plaza_del_Amo_living2 copy 2160_Plaza_del_Amo_front1 copy 2160_Plaza_del_Amo_entry1 copy 2160_Plaza_del_Amo_backpatio2 copy 2160_Plaza_del_Amo_pool2 copy

BED / BATH: 3/ 1 1/2
SQFT(src): 1,578 (A)
GARAGE: 2
YEAR BLT(src): 1979 (ASR)
SUB TYPE: TWNHS (A)
APN: 7359007046

 

March 2016 Median Home Prices for Redondo Beach and the South Bay.

By Keith Kyle

The numbers for March are in Redondo Beach saw another solid month with  89 homes sold in Redondo Beach and a median home price of $893,000 which was slightly up from the previous month.  There is a healthy number of new construction projects coming out in both north and south Redondo which is helping keep the home prices up.

City Homes
Sold
March
2016 Median
March
2015 Median
Year
over Year % Change%
Carson 54 $447,500 $426,500 4.9%
El Segundo 10 $1,006,000 $849,000 18.5%
Gardena 58 $475,000 $403,500 17.7%
Harbor City 14 $450,000 $455,000 -1.1%
Hawthorne 36 $513,000 $642,000 -20.2%
Hermosa Beach 16 $1,183,000 $1,310,000 -9.7%
Lawndale 10 $385,000 $447,000 -13.9%
Lomita 11 $530,000 $481,000 10.1%
Long Beach 327 $478,000 $414,000 15.3%
Manhattan Beach 41 $2,275,000 $1,940,000 17.3%
Marina Del Rey 18 $1,025,000 $860,000 19.2%
Palos Verdes Estates 28 $1,355,000 $1,400,000 -3.2%
Playa Del Rey 18 $560,000 $546,000 2.6%
Rancho Palos Verdes 56 $1,156,250 $1,044,500 10.7%
Redondo Beach 89 $893,000 $862,000 3.7%
San Pedro  80 $554,000 $481,000 15.1%
Torrance 133 $615,000 $530,000 16%
Westchester 25 $910,000 $854,000 6.6%

If oceanfront is what you’re looking for…..

By Keith Kyle 501 Paseo De La Playa Hollywood Riviera

I’ve been fortunate to represent a few clients on purchases or sales along Paseo De La Playa in the Hollywood Riviera and the locations is nothing short of spectacular.  Paseo De La Playa is the oceanfront street that connects Redondo Beach with the beginning of the Palos Verdes Peninsula and offers a lifestyle not found in many places.

The recent listing of 501 Paseo De La Playa is no exception.  This 5 bedroom, 3 1/2 bath home sits high on the bluff and offers mesmerizing views of the ocean, Palos Verdes and the beautiful coastline from Redondo to Malibu.

We're sorry, but we couldn't find MLS # PV16082156 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Big Gains In May 2015 Median Home Prices in the South Bay

By Keith Kyle

May was another huge month in terms of home prices in the South Bay with Hermosa Beach highest on the wow factor with a median price in May of $,1450,00, almost 32% higher than the year before.  Redondo Beach saw major gains as well with 106 homes selling in May with a median home price of over $844,000

City Homes Sold May 2015 Median May 2014 Median Year over Year % Change
Carson 45 $410,000 $376,500 8.9%
El Segundo 14 $803,500 $818,000 -0.8%
Gardena 35 $405,000 $400,000 1.3%
Harbor City 26 $415,000 $382,000 8.6%
Hawthorne 68 $525,00 $487,000 7.9%
Hermosa Beach 23 $1,450,000 $1,102,000 31.6%
Lawndale 12 $431,000 $417,500 3.2%
Lomita 11 $509,000 $575,000 3.5%
Long Beach 362 $433,000 $399,000 8.5%
Manhattan Beach 38 $2,238,750 $2,005,000 11.7%
Marina Del Rey 26 $917,000 $900,000 1.9%
Palos Verdes Estates 37 $1,515,000 $1,430,000 5.9%
Playa Del Rey 24 $615,000 $711,000 -135%
Rancho Palos Verdes 56 $1,100,000 $990,000 11.1%
Redondo Beach 106 $844,500 $722,000 17%
San Pedro 67 $449,250 $425,000 5.7%
Torrance 148 $579,000 $560,000 3.4%
 Westchester 26 $900,000 $797,000 12.9%

13809 Amie Ave – Spectacular 2007 Townhome in Torrance

Welcome home to this spectacular home in North Torrance.  From the moment you enter you’re struck by the feeling that this home is almost 18309_Amie_Ave_family2 copybrand new.  From the gleaming cherry floors to the custom kitchen with stainless appliances and granite countertops this home has it all.  This home will be hitting the market in late March and will be priced at $775,000.  Some of the details and features include:

  • 4 spacious bedrooms (2 with private bathrooms)
  • 4 bathrooms
  • 2270 square feet
  • Hardwood floors
  • Open kitchen with custom cabinetry, granite counters, stainless appliances
  • Formal living room
  • Huge great room
  • Backyard patio and small yard
  • Built in 2007
  • Completely detached….feels like a single family home.
  • Great Torrance schools

Contact listing agent Keith Kyle for more information.

And then there were 4 – New Listings on the Ocean Front Street of Paseo De La Playa

In this market with very low inventory and many homes selling the minute that they hit the market, it’s very unusual to see 4 homes for sale on the most sought after street in the Hollywood Riviera.QN-wide

The 4 homes for sale sit on the oceanfront street of Paseo De La Playa, just above Torrance Beach.  Many residents know the street as it offers great views and is a favorite of cyclists heading up to Palos Verdes.  2 of the homes, the palatial gated estate located at 433 Paseo De La Playa, and 617 Paseo De La Playa are on the west side of the street meaning unblocked and unblockable views of the ocean, Palos Verdes, and the coastline all the way to Malibu.  The primary reason they are still available is the pricetag with the sellers asking $16,000,000 for the home at 433 and the the home at 617 listed for $4,495,000 which is considerably higher than the most recent sales of similar homes.

The remaining 2 homes are fairly new to the market as of January 6th.  Both sit on the east side of the street so they offer minimal coastline views but are still ideally located with a short walk or bike ride to the beach and the Riviera Village.  The home at 630 Paseo De La Playa is a rather pricey $1,888,888 for 1325 square feet and minimal views.  It’s market as a potential site for a 2 story dream home but as the home is in the Torrance hillside overlay area that might be a very tall task.  The home for sale at 528 Paseo De La Playa is a bit more appropriately priced with almost 1800 square feet.