425 Paseo De La Playa Redondo Beach

After 667 DOM Oceanfront Home at 425 Paseo De La Playa Sells

425 Paseo De La Paya - List Price $12,000,000 - Sales Price $6,900,000

The big news in the Hollywood Riviera is the sale of the oceanfront estate located at 425 Paseo De La Playa. 

It was a very interesting home as the location was unbelievable and it was a true “estate” style property from the gated entrance, long driveway, outbuildings and more.  It was also a bit of a project home. 

The home was originally listed in 2019 for $10,000,000, pulled off of the market and brought back out in 2020 for an increased price (?) of $12,000,000.  The lot is unbelivable and extended all the way down to the sand.  Unlike beachfront homes on the Strand in Manhattan Beach and Hermosa, the homes along Paseo De La Playa offer a great sense of privacy and as there’s no close access to the beach, other than from the homes, it’s almost a private beach below.

425 Paseo De La Playa Redondo Beach

View the MLS listing details below.

Home Info

    • 3 bedrooms
    • 4 bathrooms
    • 2,776 square feet (BTV)
    • 28,163 foot oceanfront lot
    • Beatifully remodeled
    • Originally listed at $12,000,000 in 2020
    • Sold  at $6,900,000 on 11/11/21

Contact Redondo Beach estate specialist Keith Kyle with Vista Sotheby’s International for more information

425 Paseo De La Playa, Redondo Beach – Sold for $6,900,000


Listing courtesy of John Tran & Martin Le – NextGen Team Realty 657-208-3070

Only 3 Homes for Sale in All of the Hollywood Riviera?

Housing inventory in the hollywood riviera the lowest in 10 years

It’s pretty hard to believe but as of 11/16/21 there are only 3 homes for sale in all of the Hollywood Riviera.  We actually can’t remember a time with fewer home sales and searched 10 years back.   This is certainly not great news for buyers as this just puts that much more demand on anything that hits the market.  It’s certainly good news for home sellers and may be the perfect time for owners to consider selling their home in the area.

Compare the 3 current listings with 18 active MLS listings in Nomember 2020 and the high water mark of 37 in October 2019 and it is pretty stark just how low the inventory is.

Current Hollywood Riviera homes for sale

Hollywood Riviera luxury homes

See the Hollywood Riviera Homes that Sold in October 2021

October real estate in the Hollywood riviera

October was yet another great month for real estate in the Hollywood Riviera with 17 on market property sales closing during the month.  The average “list” price was $1,552,294 with the average “sold” price at $1,606,218 meaning that homes generally sold higher than the asking price.  Median days on market was a very short 11 before going into escrow and the average price per foot was $840.

See how this compares with other months on our Hollywood Riviera California real estate statistics and trends page.  The highest priced home sale of the month was a single family Spanish style with a hacienda feel and just under 3,000 feet that sold at $2,301,000 located at 353 Calle Mayor.

Hollywood Riviera homes

October 2021 Home Sales and Prices in the Hollywood Riviera

Type AddressPrice$ Per FootBed/BathSq FeetYearSold Date
CONDO/A649Paseo De La Playa #207$1,050,000$765.312/1,1,0,01372/A1962/ASR10/15/2021
SFR/D368Paseo De Gracia$1,290,000$890.273/2,0,0,01449/A1954/ASR10/19/2021
CONDO/A201Calle Miramar #9$1,405,000$1,100.232/2,0,0,01277/A1962/ASR10/6/2021
SFR/D328Avenida Atezada$1,685,000$745.254/1,3,0,02261/A1952/ASR10/13/2021
SFR/D836Calle De Arboles$1,715,000$1,206.903/2,0,0,01421/E1948/ASR10/22/2021
SFR/D213Vista Del Parque$1,798,000$902.163/2,0,1,01993/A1956/ASR10/14/2021
SFR/D444Via Los Miradores$2,025,000$1,007.463/1,1,1,02010/A1955/ASR10/20/2021
SFR/D353Calle Mayor$2,301,000$780.003/1,1,1,02950/A1932/ASR10/12/2021
SFR/D5402Calle Mayor$1,275,000$1,038.273/1,0,1,01228/A1954/ASR10/8/2021
SFR/D5422Riviera WAY$1,417,700$619.905/2,0,1,02287/A1954/ASR10/25/2021
SFR/D24704Via Valmonte$1,460,000$818.393/1,1,0,01784/A1964/ASR10/22/2021
SFR/D4234Mesa ST$1,465,000$700.293/3,0,0,02092/A1969/ASR10/7/2021
SFR/D4301Paseo De Las Tortugas$1,549,000$573.705/2,1,0,02700/E1956/ASR10/22/2021
SFR/A4532Newton ST$1,625,000$560.344/2,1,1,02900/E1954/ASR10/18/2021
SFR/D421Via Colusa$1,645,000$1,031.353/2,0,0,01595/A1955/PUB10/8/2021
SFR/D4021Mesa ST$1,750,000$951.093/1,1,1,01840/A1970/PUB10/25/2021
SFR/D4910Via El Sereno$1,850,000$599.685/3,0,0,03085/T1956/ASR10/14/2021
353 Calle Mayor Hollywood Riviera

353 Calle Mayor the Top Sale of October – Closes at $2,301,000

See the highest price home sale of the month in the Hollywood Riviera

The top home sale of the month in the Hollywood Riviera was a Spanish style hacienda that had been lovingly restored. Originally built in 1932, the home was one of the original homes in the area and had been meticulously restored to it’s original glory….and then some. The home offered 3 bedrooms, 2 1/2 baths and almost 3,000 square feet on a nice sloping 6,657 foot lot. Listed for $2,400,000 the home closed escrow in October for $2,301,000.
View the MLS info below.

  • 3 bedrooms
  • 3 bathrooms
  • 2,950 square feet
  • 6,657 foot lot

Contact Hollywood Riviera and S Redondo specialist Keith Kyle for more information

353 Calle Mayor Hollywood Riviera

353 Calle Mayor, Redondo Beach CA 90277

Listed for $2,400,000 and Sold for $2,301,000

Listing courtesy of Jack McSweeney – RE/MAX Estate Properties 310-378-9494

Redondo Beach Real Estate Recap – September At a Glance

While the Hollywood Riviera is technically in the city of Torrance, it has a South Redondo Beach mailing address so it’s good to keep up with both markets.  It was a great month for home sales and property prices in Redondo Beach.  It was slower than the previous year with only 79 home sales compared with a pretty incredible 110 in September 2020.  The median sales price was $1,375,000 compared with $1,149,000 a year earlier.  Homes averaged only 14 days on market before going into escrow.  See how this compares with other months on our Redondo Beach real estate trends page.

Top Home Sale of the Month in the Hollywood Riviera – 602 Calle De Arboles

The highest priced home sale of the month was a single family at 602 Calle De Arboles that was listed for $2,695,000 and closed at $2,650,000. The home was built in 1997 and offered 5 bedrooms, 4 baths and approximately 3,285 square feet on a 6,000 foot lot. The home didn’t last long and went into escrow after 10 days on the market.

Search the current Hollywood Riviera homes for sale

602 Calle De Arboles, Redondo Beach – Sold for $1,650,000


Listing courtesy of Igor Nastaskin – RE/MAX Estate Properties 310-378-9494

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Homes in Hollywood Riviera. All rights reserved. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. **This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

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