Priced out of The Strand in Manhattan and Hermosa? Great Option in the Hollywood Riviera

By Keith Kyle

I get a number of inquiries from my site SouthBayOceanFront.com from buyers looking for a beach front home on The Strand in Manhattan Beach and Hermosa Beach.  Many of these buyers are extremely qualified and have the ability to comfortably purchase multi-million dollar homes.  The problem in today’s market is that values along the beach in Hermosa and Manhattan have gone up considerably in the past 18 months.  There are currently 9 oceanfront single family homes on The Strand and 8 of them are priced over $10,000,000.  That was a relatively unheard price point just 2 years ago and now there are several over $15,000,000.

So what is a $5,000,000 buyer to do?

Unfortunately homes becoming available in that range are probably a thing of the past, but there is an option not far and it may even offer attributes that The Strand can’t offer.  The area is the Hollywood Rivera (about 10-15 minutes south) and there is a fantastic bluff top street called Paseo De La Playa that offers oceanfront homes, large lots that extend all the way to the beach (some fortunate homes have paths that access the beach directly from the home), and views not only of the beach, but Palos Verdes, the ocean, King Harbor, and coastline views that extend all the way to Malibu.

As of this post, there are 2 oceanfront homes for sale on Paseo De La Playa.  The first is currently in escrow located at 605 Paseo De La Playa and is listed for $4,295,000.  The second is an off market sale in which the owner is trying to sell it themselves at 617 Paseo De La Playa and the owner is asking $4,350,000.

The homes on Paseo were all originally on leased land with many of the former owners buying out the leases in the past and are now owned free and clear.  Built in the 60’s and 70’s some of the homes are fairly original while many have been extensively remodeled.

The Village ocean view condos

Building Spotlight – The Village Condos in Redondo Beach

The Village condos and Townhomes - 610-690 The Village Redondo beach CA 90277

Studio, One and Two Bedroom Condos

By Keith Kyle

The Village in South Redondo Beach may just be the most affordable way of living near the water in the South Bay.  

The Village condominiums and townhomes feature 323 well maintained units including studio, 1 bedroom, and 2 bedroom condos along with a few townhome style homes at the southern end of the property.  

The Village offers resort style living and includes two beautiful pool and spa areas (one is for owners only, the other is owned by Ocean Club rental units but fully usable by the owners in The Village) a state of the art fitness center (again part of the Ocean Club but free access is provided to owners) several bbq areas, walk paths, access to the Redondo pier area and more.  

Most units have ocean views, ocean breezes and are a wonderful place to call home…or a second home.  Visit our 620 The Village site for pictures, videos, floorplans and more.

The Village ocean view condos

Village facts and figures

  • Well-managed 323 unit complex, with onsite-manager and maintenance staff
  • Gated Community
  • Financially strong HOA, with the most recent reserve study estimating reserve funding at 88% on 12/31/2013*
  • Continuous history of low HOA dues
  • A Legal Judgment, favoring The Village, specifies that Lyon Management Group cannot increase the monthly fee they charge the Village HOA for our access to the recreational facilities at the Ocean Club.** Long term, this helps to keep our HOA dues down.
Sunset at the Ocean Club Pool at The Village

community amenities

  • Two beautifully renovated pool areas, each with its own pool and jacuzzi
  • Poolside, ocean view patio seating for dining and lounging
  • A fire pit to enjoy the ocean view and outdoors on a cool day or evening
  • Three barbeque areas to grill up your favorites while watching sunset
  • Ocean view state of the art fitness center
  • Lush landscaping, ponds, and waterfalls
  • Ocean view dog path
  • Steps to Bicycle Path, Beach, Pier, and Harbor
  • Passenger Elevator

Pets

  • “Each unit is Limited to One Pet under 15 inches tall from its shoulder.”
  • “Pets shall be ordinary household pets such as dogs, cats, birds, and fish.”
  • See Pet Rules and Regulations for additional information.
What’s around the Village? One of the nicest features to living in The Village is that you can park your car on a Friday and never need to get back in until Monday (or if you’re really lucky weekdays are not any different than weekends). There is so much to do and all within walking distance.
  • World famous Redondo Beach
  • King Harbor
  • The Redondo Beach pier
  • The fitness center right on the property
  • 2 pools and spas (one shared with Ocean Club apartments and one only for The Village)
  • On site market and restaurant
  • Kincaid’s Restaurant
  • Old Tony’s
Just a few of the many activities just outside your door! Additional recreational activities are available throughout the waterfront, such as:
  • Fishing from the Pier in designated areas
  • Sportfishing Boat Redondo Beach Marina (310) 374-3481
  • Whale Watching Boat Redondo Beach Marina (310) 374-3481
  • Marina Boat Rides Redondo Beach Marina (310) 374-3481
  • Ocean Racer Redondo Beach Marina (310) 374-3481
  • Charters Redondo Beach Marina (310) 374-3481
  • Sailing Instruction Marina Sailing (310) 318-2772
  • Bicycling Marina Bike Rentals (310) 376-0431
  • Waverunner Rentals Redondo Beach Marina (310) 374-3481
  • Bike Riding along the L.A. County Bike Path
  • Roller Skating/Rollerblading along North Harbor Drive
  • Sport Center Fitness Club located at 819 N. Harbor Drive (310) 376-9443
  • Redondo State Beach 2 miles of clean, sandy beach for sunbathing, swimming, or surfing
  • Whaling Wall travel on North Harbor Drive and you can’t miss the the mural painted by world famous artist Wyland
  • S.E.A. Lab for education about our marine environment, visit the southwest corner of North Harbor Drive and Yacht Club Way (310) 318-7432
* Source: November 13, 2013, Village COA, Annual Budget Report ** Documentation to be provided to Buyer

Current Condos for Sale in The Village Redondo Beach

506 Paseo De La Playa – One Funky House in one Spectacular Location

By Keith Kyle

**This home sold in 2014 and is no longer available**

Paseo De La Playa, the oceanfront street in the Hollywood Riviera, offers some incredible opportunities in the rare instances when homes become available.  These homes sit oceanfront on the bluff, offer huge lots, and some even offer a path down to Torrance Beach, an almost private beach due to the inaccessibility for most.  The homes along the cliff were primarily built in the 60’s and 70’s and most definitely have that Brady Bunch vibe…with a multi million dollar view.  Some homes have been extensively remodeled and updated but not the home at 506 Paseo.  It’s like stepping back in time with shag carpets, paneling, funky colors and more.  The home may be funky but it has limitless potential as the views and location are stunning.  This home needs a complete overhaul, and with the level of work we feel it’s significantly overpriced but for the right buyer this truly presents the opportunity to create a showcase home.

Homes for Sale in South Redondo Beach

Search the current homes for sale in South Redondo Beach CA 90277

Located along some of Southern California’s finest beaches, South Redondo Beach has something to offer everyone. Redondo is generally comprised of two main areas known as South and North Redondo. Each area has a very different feel with South Redondo having more of a beach atmosphere due to it’s location and the fact that it’s bordered on the west by the Pacific Ocean. Bordered by the Palos Verdes Peninsula to the south, North Redondo to the north, and Torrance to the east, South Redondo Beach offers great schools, proximity to the beach, and an abundance of activities.

Current South Redondo Home Listings

current homes for sale in S Redondo

 

Some highlights include ocean activities and dining at King Harbor, great shopping in the Riviera Village, the Redondo Beach pier, and nature walks at Wilderness Park.

Redondo Beach Neighborhoods Redondo Beach Links
 

Find Redondo Beach school district information, including elementary, middle and high school test scores, student faculty ratios and other statistics. We also have information on selling your home in Redondo Beach, home buying, mortgages and financing, and other realty services for anyone looking to sell a home or buy a home in Redondo Beach, CA.

Free Targeted Redondo Beach Home Search

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We are experts in the South Bay and can help you with your search for homes. Our targeted home search will automatically notify you whenever a new home comes onto the market that meets your search criteria. We are continually viewing houses and keeping current on the market, and can email you when a new listing becomes available that you might be interested in. Simply fill out the form below with as much detail as possible and we will contact you with the current homes for sale in the price range and cities you are interested in.
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721 Esplanade oceanfront condos

Condo Spotlight – 721 Esplanade – Oceanfront Condos in Redondo Beach

By Keith Kyle

In our continuing discussions of oceanfront condos in Redondo Beach today we’ll spotlight the Oceania building at 721 Esplanade.  As this is one of the furthest south of all the larger condo buildings views are often about as good as they get….especially on units that face NW.  Oceania consist of 28 1 and 2 bedroom condos, all directly facing the ocean.  Some of the units sit on the corner and enjoy even more dramatic views that extend from Palos Verdes to Malibu with the coastline and King Harbor in between.

HOA fees run around $315 a month (as of August 2014) but the amounts vary slightly.  Oceania has a very nice sun deck but the building does not have a pool or spa.   The building does have a small fitness room and laundry is common area with individual units not having W/D hookups.  As of this post, pets are permitted according to the CCRs.

721 Esplanade721 Esplanade sits as high on the bluff as any of the buildings so views are just about as good as it gets (it also has the best ocean front views of any parking lot we’ve seen).

Another very nice aspect to the location of Oceania is that it is a relatively short walk to the charming shopping and dining area of Riviera Village  near the Hollywood Riviera.

Currently there is one beautiful corner unit for sale and while still for sale can be seen here.

Current Esplanade Condos for Sale

Paseo De La Playa homes for sale

Endless Ocean Views – Paseo De La Playa in the Hollywood Riviera

Oceanfront homes on Paseo de La Playa

Get to know the homes of this incredible street in the Hollywood Riviera

By Keith Kyle

The Hollywood Riviera is one of my favorite areas of the South Bay. It offers great views, a small town community feel, ever present ocean breezes, and homes that generally fit on the lots (no McMansions) which make for a feel that you don’t often get in the overcrowded South Bay.  It’s hard to go wrong with any location in this coastal community but there’s one street that beats them all. Paseo De La Playa offers oceanfront living for the lucky few and enjoys the best of all imaginable views.  The homes sit up on a bluff, and enjoy views of Palos Verdes, panoramic ocean views, and coastline views from Redondo Beach all the way to Malibu.  What that makes for is ever changing, always impressive views.  During the day it’s all about the ocean and coastline, but in the evening when colors change, it becomes a fantastic city lights view along the coast.

Paseo De La Playa homes for sale

The lots are huge and usually in the 20,000+ range although may are on leased land often with an option to buyout the lease every few years.  Depending on how high on the hill you are (lower elevation homes on towards the left above) there is sometimes direct beach access from the homes which dramatically increases the appeal as “RAT” beach (Right after Torrance) is just below and almost serves as a private beach as access is limited to a fairly long walk from the parking lot.

Homes on this street rarely become available and many are still in fairly original condition with original owners from the 1960s (honestly why would anyone want to move) and range anywhere from the low $3,000,000s- to well into the $6.0M’s for anything remodeled, especially with beach access.

Adding beach access, if not already there, is a huge struggle as it’s tightly regulated by the California Coastal Commission.  The only minor inconvenience to living on Paseo De La Playa is that it’s a moderately busy street and a frequent route for both cars and bicyclists going between Redondo and Palos Verdes.  There is one condo complex at the top of the street called Cote D’Azure with 87 units perched high on the bluff surrounding extensive grounds and pools.  The units are 2 bedrooms generally ranging between 1300-1550 square feet.  Many units do not sit oceanfront and have limited views, while the rare few offer similar views to the SFRs just down the street.

Overall the homes on Paseo De La Playa offer some of the best features imaginable for those looking into the epitome of California coastal luxury living.  

If you’re searching beyond just the oceanfront homes of Paseo De La Playa, visit our Hollywood Riviera real estate and homes for sale site for helpful information, recent Riviera news, current listings and more.

Paseo De La Playa Homes

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