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

By Keith Kyle

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 the406 Paseo De La Playawest 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
Oceanfront Homesstreet 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.

 

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

This is a unique home for a unique buyer.  Located on top of the bluff, sitting oceanfront is the  private gated estate at 433 Paseo De Redondo Beach rainbow and beyond from Paseo De La Playa in the Hollywood RivieraLa 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.

433 Paseo De La Playa

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