Paseo De La Playa homes for sale

Oceanfront Home For Sale on Paseo De La Playa

welcome to the good life in the Hollywood Riviera

505 Paseo De La Playa - Sold

Beachfront homes in the Hollywood Riviera don’t come along all that often. If you’re looking for something out of the ordinary, 505 Paseo De La Playa might be the home and location for you.  The home is listed at $5,500,000 this is a 4 bedroom (one bedroom downstairs and 3 upstairs), 3 bath home with just under 3,200 square feet.  Offering really large (by South Bay standards) lots that extend all the way from Paseo De La Playa to the sands of Torrance Beach they are very unlike the beachfront homes of the Manhattan Beach Strand and Hermosa Strand,    It’s rare to see one of these incredible oceanfront homes hit the market and this is no exception.  Built in 1962 it’s an older home that feels pretty dated and will likely get/need quite a bit of work to become a luxury home,  but as they say in real estate, “location, location, location”.

Paseo De La Playa homes

Details:

  • 4 bedrooms
  • 3 baths
  • 3,179 square feet
  • 26,985 foot lot
  • Oceanfront
  • Priced at $5,500,000

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505 Paseo De La Playa Information

Oceanview condos in the Hollywood Riviera at Cote D' Azure

Building Spotlight – Cote D’Azur – Ocean Views in the Hollywood Riviera

Oceanview condos of Cot D' Azur in the Hollywood Riviera

The Hollywood Riviera consists primarily of single family homes with a few condoand townhome options.  One of the largest condo complexes is Cote D’Azure perched in a spectacular oceanfront location.  Sitting on the highest spot of the spectacular street Paseo De La Playa, the complex resides among multi million dollar homes and just up the street from a home that recently broke the record for the highest priced on market residential sale in the South Bay.

The complex features 4 rectangular buildings with 3 floor and units on both sides of the buildings. All of the homes are single level condos and are situated around a very nice ocean view pool area. There are very few units directly facing the ocean but many have great views from somewhat of an angle. The buildings themselves feel a bit dated with long hallways and a somewhat industrial look, but the units generally offer great light, loads of windows and many have been beautifully updated.

Oceanview condos in the Hollywood Riviera at Cote D' Azure
Cote D Azur oceanview condos

Although the grounds aren’t overdeveloped the location is simply incredible. Perched high on Paseo De La Playa the views are stunning with PV to the left, the ocean straight in front and a view of the coastline to the right.

The condos are 2 bedroom 2 bath with square footage generally a bit below and above 1,400.  Prices range considerably depending on both upgrades and especially views.  HOA dues are currently (as of 11/1/23) around $715 a month.

Want to know about new listings in Cote D’ Azur?  Tell us a bit about your search (specify this location) and we’ll send you updates whenever a new listing in the complex becomes available.

Current Condos for Sale in Cote D’ Azur

6 Homes for Sale in the Hollywood Riviera Priced over $2,000,000

The luxury real estate market in the Hollywood Riviera is alive and well it would appear. A price threshold that used to be reserved for only the rare and unique is now fairly common with 6 homes currently active on the MLS above $2.0M.

Want to keep track of these homes? Let us know the details of your home search and we’ll customize a search for you and send you emails whenever a new listing hits the market.

Current homes in Hollywood Riviera Priced over $2,000,000

 

417 Paseo De La Playa Redondo Beach

2018 Home Sale of the Year in Redondo Beach – 417 Paseo De La Playa

Without question the sale of the year in Redondo Beach will be the once in a lifetime oceanfront property at 417 Paseo De La Playa.  Paseo

De La Playa is the blufftop street in the Hollywood Riviera.  While homes on Paseo De La Playa are special due to the location alone, this house (well actually two houses) were in a league all of their own.

The property sold back in February of 2018 for a staggering price tage of $22,650,00

While the price was unheard of for this are of the South Bay, there’s no disputing that the home (s) were unlike anything on the market for a very long time.  The lots along Paseo De La Playa are already huge as they extend all the way to the beach but in this case there was not one, but two separate parcels for sale.  What also made 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!

417 Paseo De La Playa Redondo Beach 417 Paseo De La Playa Redondo Beach 417 Paseo De La Playa Redondo Beach

As marketed by listing agent Chris Adlam with 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.

 

Hillside Overlay Flags

What is the Hillside Overlay Ordinance in the Hollywood Riviera?

By Keith Kyle

A few of the many benefits of living near the beach are the wonderful ocean views and ocean breezes that make life here so unique.  These ocean views have immeasurable value from both a quality of life aspect as well as a significant monetary impact.  In many of the South Bay cities these views are unprotected and it’s not rare for a home’s stunning ocean views to disappear when the one story home next door gets torn down and new and much larger home replaces it.

Home with "flags" marking outline of proposed addition Home with “flags” marking outline of proposed addition[/caption]

Certain areas of Torrance are the exception. Primarily found in the Hollywood Riviera and Seaside Ranchos neighborhoods the city has incorporated much stricter building guidelines known as the “Hillside Overlay” area.  (see map below)

From the Torrance city website:  In 1977, the Hillside Overlay Area was established in Torrance, CA in order to address issues concerning building, remodeling, and protecting views and privacy.  All new construction (meaning both new homes and expansions on current structures) are subject to review and input by neighbors including “flagging”  where a mock up of the future structure are marked with plastic flags  to approximate the outlines of any proposed addition to the structure prior to permit approval so that neighborhood input may be obtained.

Torrance Municipal Code Excerpt (Hillside Overlay)

The basics of the hillside overlay are as follows:  Upon receipt of the complete application, the Community Development Director shall set a date, time and place for a public hearing thereon as soon as practicable and shall send notice thereof to the owners of land included within a three hundred (300) foot radius of the exterior boundaries of the land for which the permit is sought

No construction and no remodeling or enlargement of a building or structure shall be permitted unless the Planning Commission (or the City Council on appeal) shall find that the location and size of the building or structure, or the location and size of the remodeled or enlarged portions of the building or structure, have been planned and designed in such a manner as to comply with the following provisions:

a) The proposed development will not have an adverse impact upon the view, light, air and privacy of other properties in the vicinity;
b) The development has been located, planned and designed so as to cause the least intrusion on the views, light, air and privacy of other properties in the vicinity;
c) The design provides an orderly and attractive development in harmony with other properties in the vicinity;
d) The design will not have a harmful impact upon the land values and investment of other properties in the vicinity;
e) Granting such application would not be materially detrimental to the public welfare and to other properties in the vicinity;
f) The proposed development will not cause or result in an adverse cumulative impact on other properties in the vicinity.

 

 

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Vista Sotheby's International

Vista Sotheby’s International Realty is one of the top real estate brokerages in the South Bay and Southern California with offices in Redondo Beach and throughout the South Bay

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

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310.251.2344

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keith.kyle@vistasir.com

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keith kyle

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Welcome to Sotheby's International Realty representing buyers and sellers of fine South Bay and Southern California properties

Redondo Beach Real Estate & Homes. All rights reserved. Information deemed reliable but not guaranteed

Keith Kyle – Licensed Realtor – Vista Sothebys International Realty – DRE#01712785

The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us), we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby’s International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information. Sotheby’s International Realty ® and the Sotheby’s International Realty Logo are service marks licensed to Sotheby’s International Realty Affiliates LLC and used with permission.