February Home Sales and Prices in the Hollywood Riviera

February was a very slow month for closed home sales in the Hollywood Riviera with only 8 homes sold during the month. That’s the fewest home sales in a month over the past 18 months other than December 2018 and 2019 (which is typically very slow) Prices were solid as they’ve been over the past 18 months with the median list prices of $1,362,000 and a median sales price of $1,335,000.  Average price per foot for sold homes in the community was $784.  Median days on market was only 52 which is another indication of a strong sellers market.     See the Hollywood Riviera real estate stats for the past 15 months below.

View the current homes for sale in the Hollywood Riviera

February 2020 Home Sales and Prices in Manhattan Beach.

MLS
#
Type   Address Price $ Per Foot Bed/Bath Sq Feet Year Sale Date
CV19256190 SFR/D 138 Via Colusa    $1,229,000 $1,006.55 2/2,0,0,0 1221/A 1948/ASR 2/12/2020
PV20002771 SFR/D 146 Via Monte Doro    $1,675,000 $604.47 3/1,1,0,1 2771/A 1956/ASR 2/13/2020
SB20029536 SFR/D 135 Calle De Andalucia    $1,100,000 $1,077.38 2/1,0,0,0 1021/A 1949/ASR 2/21/2020
SB20003222 SFR/D 644 Calle Miramar    $1,325,000 $700.69 3/2,0,0,0 1891/A 1958/ASR 2/24/2020
SB19250168 SFR/D 5418 Calle De Arboles    $1,345,000 $613.87 4/3,0,0,0 2191/A 1955/ASR 2/27/2020
SB20006563 SFR/D 4621 Greenmeadows AVE   $1,129,000 $721.87 3/1,2,0,0 1564/A 1953/ASR 2/28/2020
SB19242072 SFR/D 4111 Paseo De Los Tortugas    $1,550,000 $699.77 4/3,0,0,0 2215/A 1968/ASR 2/28/2020
PV19233601 SFR/D 301 Avenida Atezada    $1,925,000 $848.39 3/3,0,0,0 2269/A 1959/ASR 2/28/2020

By the Number – Real Estate Stats for the Hollywood Riviera CA

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!

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.

 

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