Oceanfront Estate in the Hollywood Riviera Returns to Market Once Again
Back on the market once again, 433 Paseo De La Playa has returned with a new
price. For those looking for a legacy type property this checks a lot of boxes and would be very hard to duplicate. We’ve mentioned this home many times in the past as it’s been on and off the market since 2014.
This one is all about location and possibilities as it’s a massive almost 7,800 foot home with approved plans to add another 2,000+ square feet. This ornate estate sits on a huge 26,580 foot lot that extends down the hillside to the beach below. In our opinion this is one of the best locations in all of the South Bay as it combines stunning views, direct beach access and privacy you just don’t find in most other beachfront locations in Southern California. The home has struggled to sell for a number of reasons but with the new price and the incredible market we envision it selling this time. Due to the lot size this is a true estate type home with a gated entry, sports court, oceanfront pool, grand staircase, 4 car garage.
As mentioned the home has been on and off the market for a very long time. It hit the market in 2014 (had sold in 2012) at a then over the top $16M. It was listed and relisted several times from 2014-2018 at similar price points. The home was relisted once agai at $14.9M in 2018 and then eventually at $14.5M and pulled off of the market at the beginning of this year.
Home and Property Info
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- 7 bedrooms
- 7 bathrooms
- 7,792 square feet (BTV)
- 26,580 oceanfront lot
- Priced at $12,900,000
- Listied by Mark Dessy – Premier Property Solutions 310-378-0488
Redondo Beach
Listed at $750,000 this home didn’t last on the market through the weekend before going into escrow. The buyer clearly NEEDED to have it and it closed at an amazing $805,000. Ironically enough it’s now on the rental market for $3000.
