Paseo De La Playa homes for sale

Two Big Oceanfront Home Sales in the Hollywood Riviera on Paseo De La Playa

By Keith KyleSouth Redondo homes

Monthly home sales median prices can often be skewed by a few big numbers and October will certainly reflect that with two homes selling on the oceanfront street of Paseo De La Playa in the Hollywood Riviera.

The first sale was located at 406 Paseo De La Playa which is actually the non ocean front side of the street, but due to it’ location there are no homes on thewest side of the street and most of the ocean views are unblocked and panoramic.  The home was a very nice contemporary/modern design with large windows to allow for floor to ceiling views.  With 4 bedrooms and 3 1/2 baths the home sold for a sizable $3.380,000 which is a number not generally seen on the east side of the street.

ML#:   SB14186042 
Property Type Single Family Home
Price:   $3,380,000 
Price Per Sqft:   $946.78 
Square Feet 3570
Lot Size   6725 sq ft
Bedrooms:   4 
Baths:  3.5

The second home was located oceanfront at 605 Paseo De La Playa and sold for a sizable $4,300,000.  The home was a very original condition 1962 built home and for all intents and purposes this was a lot sale which sets a new price point for lot value in this highly sought after strip of land.  The homes on this side of the
street have enormous lots over 20,000 feet but much of the land is a fairly unusable cliff/bluff.  They were originally on leased land but many of the homeowners have bought out the lease at one point or another.   One of the appealing aspects of this home was that it had a trail leading down to the beach and water which is fairly unique and almost impossible to do these days due to stringent restrictions by the California Coastal Commission.

ML#:   PV14177338 
Property Type Single Family Home
Sales Price   $4,300,000 
Price Per Sqft:   $1,352.63 
Square Feet 3179
Lot Size   21,739 sq feet
Bedrooms:   4 
Bath:  3

There is currently two additional oceanfront home on the market and actively for sale.   The first is  located at 617 Paseo De La Playa, Redondo Beach CA 90277.  As with most of the homes along Paseo, it’s been updated but still somewhat original.  Offering unbelievable views this will certainly be someone’s coastal dream house.

The second home is a palatial estate offering 7 bedrooms, 7 baths, over 7000 feet of living space on an almost 26,000 foot oceanfront lot.   The home is located at 433 Paseo De La Playa.

 

Esplanade oceanfront condos redondo

Price Reductions Making this Oceanfront Esplanade Home for Sale Intriguing

The home located at 709 Esplanade hasn’t been one of the easiest homes to sell, despite the fact that it sits oceanfront with unbelievable views from Palos Verdes to Malibu.  It’s a home with some challenges and will require a buyer with some vision, and some money to do a fairly sizable remodel.  It’s been listed by a number of realtors and has come down from the hyper inflated $10,000,000 that it started at in 2012.  It’s a fairly palacial home by any South Bay standards with the sellers claim that it’s over 9000 feet.  Unfortunately it’s a classic example of an owner with very specific tastes that doesn’t appeal to the masses.  The owner clearly liked the color pink (or salmon we’re not sure) and tile.  Just about every surface in the home is a pinkish tile and some of the features are a challenge for most luxury home buyers…..pink frog fountains, pinkish kitchen, etc.  In general our opinion is that the home will need a total overhaul, but at it’s current price it is starting to be a very enticing option for the homeowner that wants it all.  Contact us or call/text 310-251-2344 for more information.

 

Paseo De La Playa homes

For the special buyer….oceanfront estate at 433 Paseo De La Playa

Oceanfront home on Paseo De La Playa in the Hollywood Riviera

This is a unique home for a unique buyer.  Located on top of the bluff, sittingPaseo De La Playa homes oceanfront is the  private gated estate at 433 Paseo De La Playa.   Paseo De La Playa is the oceanfront street between Redondo Beach and Palos Verdes.  The home sits on an oversize 25,771 sq foot lot that extends all the way to the beach and has it’s own direct path to the sand.  This home is unique both inside and out with a recent remodel of this 7 bedroom 7700+ square feet.  Exterior features include a fantastic swimming pool with water falls, a spa and a water slide,  a private basketball court and the endless activities on the beach right in front of the home. 4 car garage and enough area to park 10 cars on the property. Interior features include gorgeous stairway leads up to the master suite with incredible ocean views, 5 bedrooms upstairs, downstairs area with a home theatre, pool table room, game room and 2 bedrooms and bathrooms.

417 Paseo De La Playa Redondo Beach

617 Paseo De La Playa. From FSBO to New Oceanfront Listing in Redondo

**This post was from 2014 and this home is no longer available**

Located on the bluff in the charming neighborhood of Hollywood Riviera, the new listing at 617 Paseo De La Playa has a view and location that may be second to none.  With fantastic coastline views from Palos Verdes to Malibu, the home sits on a huge lot that extends all the way to the sands of Torrance Beach.  The home itself has been updated throughout the years but still has a fairly original feel.  The home features 4 bedrooms, 2 1/2 baths at 3100+ square feet.  From the moment you enter the home you’re absolutely struck by the views.  The home came on the market at a fairly hefty $4,495,000 which would be the new high in the area.  Formerly a FSBO priced at $4,350,000 the home didn’t sell which wasn’t a surprise given that homes rarely sell as for sale by owner properties.  Contact us or call/text at 310-251-2344 for more information.

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.

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.
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

* Source: November 13, 2013, Village COA, Annual Budget Report

** Documentation to be provided to Buyer

Current Condos for Sale in The Village Redondo Beach

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