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.

Seaside Lagoon Redondo Beach

Lobster Fest in Redondo Beach September 26-28 2014

Hosted by the Redondo Beach Chamber of Commerce & Visitors Bureau, the

Seaside Lagoon Redondo Beach
Seaside Lagoon Redondo Beach

Redondo Beach  Lobster Festival is a great event for the whole family.  With activities for the kids, live entertainment for the parents and delicious Maine lobsters for to all, you’re sure to have fun.  Plus, there will be arts and crafts booths and other local vendors offering their wares.  Tickets are available online at www.lobsterfestival.com.

One of the highly anticipated events of fall is the annual lobster fest held at the Seaside Lagoon in King Harbor.  The event is certainly focused on food, and they’re plenty of that, but also has a variety of craft beers, local  crafts, music and more.  Tickets can be purchased in advance and the admission fee allows you to enter the festival without purchasing lobster meals so you can enjoy the live music, shows, entertainment, vendors, and seaside location overlooking the Redondo Beach Harbor.

Seaside Lagoon
2oo Portofino Way
Redondo Beach, CA

Activities – Some of the various activities and events of the weekend include:

Rat Beach Bike Tour

The Rat Beach Bike Tour, sponsored by the Rotary Club of South Bay, will be held on Saturday, September 27, 2014 with three great rides to choose from, a Metric Century (62 miles), Metric Half Century (31 Miles) and a Metric Quarter Century (15.5 miles), starting from a new location at Seaside Lagoon in Redondo Beach. This year the RAT RIDE is partnering with the Redondo Beach Lobster Festival and will offer riders even more opportunities with free admission into the Lobster Festival for lunch and a huge party at the end of the ride!Stand Up Paddle Board Lessons

Bring Your Bathing Suit on Saturday & Sunday for Stand-Up Paddle Board Lessons!

Kiddie Area

The Kiddie Area will feature a Big Slide! This 45 feet long 12 feet high dual slide is a blast for kids and will be staffed by professionals from Elite Special Events.

Face Painting

Children can get their faces and body parts painted.

Balloon Art

Fun for kids and adults.

Music

Friday 9/26

Barley Legal  – 6:00 pm-7:00 pm

Andy & Renee w/ Hard Rain – 7:30- pm-8:30 pm

Pine Mountain Logs – 9:00 pm-11:00 pm

Saturday 9/27

A Certain Groove – 1:00 pm-2:00 pm

Frankly Speaking – 2:30 pm-3:45 pm

The Reflexx – 4:45 pm-6:15 pm

The Knights of Monte Carlo – 7:00 pm-8:30 pm

Surf City All Stars w/David Marks – 9:00 pm-10:30 pm

Sunday 9/28

Shari Puorto Band – 1:00 pm-2:00 pm

Eric Sardinas & Big Motor – 2:30 pm-3:45 pm

Janiva Magness  –  4:15 pm-5:30 pm

The Straycat Lee Rocker  – 6:00 pm-7:30 pm

South Bay open houses

Big Weekend for Redondo Beach Open Houses

By Keith KyleSouth Bay open houses

During a week in which most other South Bay cities are only offering a very limited number of homes to see, the open house schedule for September 20th and 21st in Redondo Beach has plenty to offer….and plenty to tour.  This weekend sees more than usual with several advertised open houses.  See the list below for Redondo Beach and the South Bay open houses.  If you’re seeing this post after the September dates please visit our South Bay open houses site for updated homes for sale and schedules.

 

July 2014 Median Home Prices for Redondo and the South Bay

By Keith Kyle

July 2014 saw some big numbers in terms of both number of homes sold as well as median prices.  Redondo Beach had 97 sold homes at a median price of just under $1,000,000 which is a pretty significant number for this coastal community.  Most other South Bay cities also saw some significant year over year increases in prices with the exceptions being Torrance, Marina Del Rey and Playa Del Rey.  To see the actual homes sales in each city visit our recent home sales price and information site.

City Homes Sold July 2014 Median July 2013 Median Year over Year % Change
Carson 48 $382,500 $350,000 9.29%
El Segundo 15 $872,000 $797,000 9.41%
Gardena 50 $385,000 $332,500 15.79%
HarborCity 13 $480,000 $465,000 3.23%
Hawthorne 51 $505,000 $400,000 26.25%
Hermosa Beach 26 $1,230,000 $1,097,500 12.07%
Lawndale 8 $412,000 $331,250 24.38%
Lomita 13 $555,000 $452,000 22.79%
Long Beach 330 $400,000 $365,000 9.59%
Manhattan Beach 43 $1,795,000 $1,521,250 18.00%
Marina Del Rey 33 $757,500 $862,500 -12.17%
Palos Verdes Estates 51 $1,600,000 $1,291,000 23.93%
Playa Del Rey 23 $507,000 $512,000 -0.98%
RanchoPalos Verdes 54 $1,069,000 $1,100,000 -2.82%
Redondo Beach 97 $865,000 $758,000 14.12%
San Pedro 49 $440,000 $420,500 4.64%
Torrance 142 $540,000 $576,250 -6.29%
Westchester 48 $777,500 $715,000 8.74%

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.

Redondo Beach Hollywood Riviera

Why Homes are More Expensive in South Redondo than North Redondo Beach

Why South Redondo Homes Cost More than North Redondo Homes

For buyers (and sometimes even sellers) unfamiliar with the differences in local market in the South Bay, Redondo Beach is just one single real estate market.  In reality the differences between neighborhoods can be significant and home values and prices show a clear distinction between similar homes in North Redondo and South Redondo.    The city has a number of distinctive neighborhoods but the main sections are broken into North and South and the dividing line is basically 190th Street.  North Redondo is quite a bit less expensive due to the location as it sits behind Hermosa and Manhattan Beach so there are no homes with ocean views and the feel of the area is different as it’s not along the water.  South Redondo ends at the beach and the ocean to the west and has a unique beach charm and homes often have great views.  The recent listings and sales of very similar homes, both in terms of style, layout, size and new construction, make clear the differences in values.

Below is a map showing the general layout, location and dividing lines between north and south Redondo Beach

 Areas 151-154 are North Redondo and 155-157 are South Redondo

Redondo Beach real estate map

ARE YOU INTERESTED

IT'S TIME TO DISCOVER

redondo beach

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

Phone:

310.251.2344

E-mail:

keith.kyle@vistasir.com

CONTACT AGENT

DRE#01712785

keith kyle

Top Producing Realtor

ENQUIRE

Sotheby's International

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.