Our Latest Redondo Beach Home Sale – Charming Single Family in the Hollywood Riviera

977 Calle Miramar in the Hollywood Riviera - Sold at $1,350,000

Congratulations to our clients on the sale of their charming home in the Hollywood Riviera.  We also wanted to wish our best to the buyers who are spending their first holiday in their new home.  We couldn’t be happier for all involved.

View all of the current homes for sale in the Hollywood Riviera

 

     

The recent addition of central A/C makes all the difference on hot summer days. Head through the sliders or laundry room to the incredible grassy fenced in backyard with plenty of room for everything out in the sunshine. Rear patio is the perfect entertaining spot. 2 car garage and massive driveway allows for plenty of parking. All of this in the award winning Torrance School District and very close to the shopping and dining area of Riviera Village.

977 Calle Miramar – $1,375,000

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.

 

Hollywood Riviera Home Prices On the Rise

The Hollywood Riviera real estate market has taken off in the past few weeks with a median list price of over $1.5M which is a fairly unbelievable number for an area with a median sales price of just over $1.0M for the past 4 months.  Included in these sold homes was the ocean front home at 623 Paseo De La Playa which sold for $2.625M and without that very unique sale, median prices would have been considerably lower.  What accounts for this incredible increase?

According to Redondo Beach specialist, Keith Kyle, it is a combination of a number of factors.  “The market has clearly changed in the past few months with inventory dropping and prices rising.  In addition the homes currently on the market just happen to be more upgraded and larger as sellers with luxury homes in the Hollywood Riviera have decided it is great time to list their homes.  One last factor is the dramatic reduction in the number of distressed sales.  As of a year ago distressed sales made up a sizable portion of the listings and are almost non-existent these days.”  Click here to view the most recent home sales in the Hollywood Riviera.

Current Hollywood Riviera Home Listings

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(all data current as of 10/27/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Hollywood Riviera Real Estate

From spectacular ocean views to quiet family friendly streets, the neighborhood of the Hollywood Riviera has it all. Some neighborhoods lie right on the bluff with cool ocean breezes and a distinct beach feel, while others lie on tree lined streets and offer a sense of privacy and seclusion not common in the South Bay.  Many homes have great views but there are no better views in all of the South Bay than the oceanfront homes of Paseo De La Playa

Experience the charm of dining and shopping in the Riviera Village, spectacular sunsets, and an abundance of outdoor activities in the Hollywood Riviera.  With view protections in most of the area due to the “hillside overlay” this is one of the more unique areas in the South Bay with some assurance that the view the home has now will be the same view in the future.

Let us be your Hollywood Riviera realtors and experience our impeccable service, knowlege of Redondo Beach and Torrance, and the South Bay.

Current Homes for Sale in the Hollywood Riviera

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Number of Hollywood Riviera Homes – Active, Pending and Sold

Current Months of Inventory for Single Family Homes

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