Record Setting Home at 421 Paseo De La Playa For Sale Once Again

Oceanfront Compound For Sale for $22,995,000

417 & 421 Paseo De La Playa is a wow legacy type property (well actually 2 houses) at a wow price.  The previous sale of this property back in February of 2018 at $22,650,000 set a record at the time for a single family home in the South Bay.  Currently listed at $22,995,000 we’ve already seen a very significant price drop from the original $26,995,000 price it was originally listed for in December.

There really is nothing like this in the South Bay.  As described by the listing agent this is truly a “compound” type feel and a true legacy home.  Consisting of two distinct free standing homes, combined they offer approximately 15,728 square feet on a massive 62,757 square foot oceanfront lot that extends to the sand and offers direct beach access down a trail.   The main home features 5 bedrooms and 8 bathrooms, with the second “guest” house featuring 5 bedrooms and 7 baths.

Beyond the view, the outdoor amenities include an incredible pool and spa, fire area and even a private beach volleyball court.

Views are stunning and unlike the beachfront homes of the Strand in Manhattan Beach and Hermosa  Beach the coastline views of the evening and night are equal to the incredible daytime views.

Contact us for more information on this oceanfront home

As rare as these oceanfront home sales are, this is definitely not the only oceanfront home. Check out all of the oceanfront homes currently for sale on Paseo De La Playa in the Hollywood Riviera.

421 & 417 Paseo De La Playa – Priced at $22,995,000


Listing courtesy of Joshua Altman – Douglas Elliman

Oceanfront Home at 505 Paseo De La Playa Back on the Market

505 Paseo De La Playa in the Hollywood Riviera

After a hiatus off of the market since August of 2020 the beachfront home at 505 Paseo De La Playa is back on the market.  It had been on the market during the summer of 2020 listed at $5,500,000 at the time.

With a home like this you’re definitely paying for location as it’s a fairly original home but the location just can’t be beat.  The last sale of something fairly similar was 529 Paseo De La Playa which was a 4 bed, 3 bath single family home with a bit under 3200 feet that sold at $5,650,000.

505 Paseo De La Playa offers the same specs with 4 bedrooms, 3 baths, and the same 3,179 square feet.  The lot on 505 is a bit larger and extends all the way to the beach, but the home at 529 had done significant work to the bluff at a pretty marjor  cost.

Contact us for more information on this oceanfront home

As rare as these oceanfront home sales are, this is definitely not the only oceanfront home. Check out all of the oceanfront homes currently for sale on Paseo De La Playa in theH Hollywood Riviera.

505 Paseo De La Playa – Priced at $5,650,000


Listing courtesy of Dan Mullin – RE/MAX Estate Properties

Redondo Beach January Real Estate At a Glance

January was a great month for  real estate in Redondo Beach especially in terms of the home prices of the homes that sold during the month.  In terms of the number of homes that sold it was  slower than the prior months but that’s not unusual as the holidays really slow the homes going into esrow during December.  There were 62 on market home sales compared with a very low 35 sales during the previous January.  View addresses, prices and details of the homes that sold in all of Redondo Beach during January.

The median sales price of the homes that sold was an impressive $1,249,000 with a very short average 27 days on market.  View our Redondo  Beach real estate stats and trends to see how Januare compares to previous months.

Torrance Real Estate in January By the Numbers

Torrance real estate at a glance

Although the homes in the Hollywood Riviera have Redondo Beach mailing addresses, they’re actually in the city of Torrance so it’s helpful to keep an eye on the Torrance real estate market as well.. 

Overall it was a great month for the real estate market in Torrance CA.  It was certainly slower than the prior months but that’s not unusual as the holidays really slow the homes going into esrow during December.  There were 78 on market home sales compared with 60 the previous January.  View addresses, prices and details of the homes that sold in Torrance during January.

Search the current homes for sale in Torrance

The median sales price of the homes that sold was $845,000 with a very short average 27 days on market.  View our Torrance real estate stats and trends to see how Januare compares to previous months.

Palos Verdes – Hollywood Riviera Housing Alternative

The Hollywood Riviera is a bit complicated.  It has a Redondo Beach mailing address but the area  is actually located in the  city of Torrance, with Torrance schools and services.  Making it even more complicated, it basically sits on the beginning of the Palos Verdes peninsula and in some cases homes in Palos Verdes are only a few feet away.  In many cases the Hollywood Riviera and parts of Palos Verdes are  similar….they sit higher on the hill, often have great views, and the neighborhoods aren’t as dense feeling as nearby cities in the South Bay.

From a real estate perspective people often refer to Palos Verdes as one area or market but much like the South Bay it’s comprised of several distinct cities and areas.  The Palos Verdes Peninsula is made up of:

All of the cities and areas are serviced by the Palos Verdes Unified School District so they are connected in many ways.  Having said that each area is quite distint and unique from the Italian riviera feel of Palos Verdes Estates to the equestrian  focus of Rolling Hills and Rolling Hills Estates.

Palos Verdes Interactive Real Estate Map

Click on any city or neighborhood below to search the current homes in that area.

Lunadabay Valmonte MalagaCove Montemalaga LosVerdes rollinghillsestates Rollinghills westpalosverdes palosverdesdrivesouth Lacresta Eastview southeastPV Miracatalina Countryclub Crest silverspur Peninsulacenter

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