Oceanfront Estate for sale at 417 Paseo De La Playa in the Hollywood Riviera

While the price is staggering for this are of the South Bay, there’s no disputing that the home (s) being sold at 417 Paseo De La Playa are pretty incredible.  The lots along Paseo De La Playa are already huge as they extend all the way to the beach but in this case there’s not one, but two separate parcels for sale.  What also makes 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!  Here’s information from listing agent Chris Adlam of 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.

Community Spotlight – Village Palos Verdes

For many, an oceanview home in the Hollywood Riviera is unaffordable.  One option may be Village Palos Verdes located just south of Palos Verdes drive.  Not only do many of the townhomes have great ocean views but the location is ideal with the community just a short walk to Torrance beach and Paseo De La Playa.  The complex consists of approximately 180 units with current HOA (as of 8/17) around $480 a month.  The street addresses for the homes in Village Palos Verdes are either Calle Mayor, Calle Miramar, Camino De Las Colinas or Palos Verdes Blvd (see map below).

The homes are a combination of 2 and 3 bedrooms generally on 3 levels ranging between 1350 square feet and 1905 square feet. All have attached garages.  The townhomes were built between 1974 and 1978 with some still having a fairly original feel and some being extensively remodeled.  The community offers a pool and spa and is ideally located just a few blocks from the beach.  Click here to see the current homes for sale in the Hollywood Riviera and Village Palos Verdes.  For many years the concern about the community had been the large special assessment needed to update and renovate the exteriors from the original wood siding.  Those changes took place several years ago and the community now has a wonderful look and feel.

Multiple Homes for Sale on Camino De Encanto…..Walking Distance to the Beach

By Keith Kyle

It’s not often that we see homes come on the market in the lower Hollywood Riviera neighborhood that’s west of Palos Verdes Blvd.  Occassionally we see a home or two and more often than not, there is nothing on the market in this area.  What makes this part of the Hollywood Riviera so great is that it’s walking distance to Torrance Beach and not far from the downtown shopping and dining area of Riviera Village.

That certainly couldn’t be further from the case at the moment as there are 4 homes for sale on Camino De Encanto in the Hollywood Riviera.

There are current 4 homes on the market and all are within a 1/2 block.  This is pretty unheard of an probably not ideal for any of the homes as when buyers have options….they want to negotiate.  Contact us for more information or visit our Hollywood Riviera homes for sale page to view all of the current lisitngs.

Big Home Sales Numbers in Torrance and Redondo for June 2016

By Keith Kyle4818 Reese Road

The numbers are in and June 2016 was a big month in terms of both the number of homes sold and the prices.  Home prices were up year over year in every South Bay city other than Manhattan Beach.

12 homes sold in the Hollywood Riviera for June with a median home price of $1,177,000

Torrance CA posted some very big numbers.  141 homes and properties sold in June at a very respectable median price of $640,000 which is higher than normal.  To see the homes sold in Redondo Beach for June 2016 view our recent sales information.

City Homes
Sold
June
2016 Median
June
2015 Median
Year
over Year % Change%
Carson 63 $450,000 $425,000 5.8%
El Segundo 17 $1,121,000 $888,000 26.2%
Gardena 47 $430,000 $399,000 7.8%
Harbor City 18 $547,000 $360,000 51.9%
Hawthorne 37 $624,000 $539,000 15.7%
Hermosa Beach 24 $1,248,000 $1,230,000 3.6%
Lawndale 13 $519,000 $450,000 15.2%
Lomita 16 $555,000 $530,000 4.7%
Long Beach 408 $470,000 $450,000 4.4%
Manhattan Beach 40 $1,962,000 $2,400,000 -18.25%
Marina Del Rey 32 $900,000 $810,000 11.1%
Palos Verdes Estates 39 $1,533,000 $1,500,000 2.2%
Playa Del Rey 22 $603,000 $610,000 -1.2%
Rancho Palos Verdes 75 $1,200,000 $1,110,000 8.2%
Redondo Beach 99 $950,000 $870,000 9.2%
San Pedro 79 $500,000 $472,000 6%
Torrance 141 $640,000 $597,000 7.2%
Westchester 44 $1,050,000 $923,000 13.8%

Torrance and Redondo See Huge Home Sale Numbers for June 2016

By Keith KyleHollywoo Riviera Paseo De La Playa

The numbers are in and June 2016 was a big month in terms of both the number of homes sold and the prices.  Home prices were up year over year in every South Bay city other than Manhattan Beach which was a bit of an anomaly.  Both Redondo Beach and Torrance saw big numbers with 106 home sales in Redondo at a median price of $950,000 while Torrance saw a whopping 163 home sales at a median price of $635,000.  To see the homes sold in Torrance and Redondo for June 2016 view our recent sales information.

City Homes
Sold
June
2016 Median
June
2015 Median
Year
over Year % Change%
Carson 63 $450,000 $425,000 5.8%
El Segundo 20 $1,135,500 $888,000 27.8%
Gardena 47 $430,000 $399,000 7.8%
Harbor City 18 $547,000 $360,000 51.9%
Hawthorne 37 $624,000 $539,000 15.7%
Hermosa Beach 24 $1,248,000 $1,230,000 3.6%
Lawndale 13 $519,000 $450,000 15.2%
Lomita 16 $555,000 $530,000 4.7%
Long Beach 408 $470,000 $450,000 4.4%
Manhattan Beach 42 $1,865,000 $2,400,000 -22.3%
Marina Del Rey 32 $900,000 $810,000 11.1%
Palos Verdes Estates 39 $1,533,000 $1,500,000 2.2%
Playa Del Rey 22 $603,000 $610,000 -1.2%
Rancho Palos Verdes 75 $1,200,000 $1,110,000 8.2%
Redondo Beach 106 $950,000 $870,000 9.2%
San Pedro 79 $500,000 $472,000 6%
Torrance 163 $635,000 $597,000 6.3%
Westchester 44 $1,050,000 $923,000 13.8%