The Hollywood Riviera in the South Bay

Oceanfront 433 Paseo De La Playa Sells After Years – $17.0M!

Oceanfront Estate in the Hollywood Riviera Sells

433 Paseo De La Playa, Redondo Beach

Sold at $17,000,000

There are homes that are on the market for a while…..and there are homes that are on the market forever.

433 Paseo De La Playa was originally listed in 2014 and it has now finally sold.  This was the third highest priced home sale in the Hollywood Riviera ever.

There was no disputing the location as it’s simply magnificent.  The problem was the home itself and the price.  The home in it’s pre 2024 remodel was probably likely considered luxurious….but it was a whole lot of house (10,000+ sq feet!) that needed remodeling and clearly nobody was willing to take that on.

433 Paseo De La Playa was listed by Mark Dessy of Premier Property Solutions.

Post remodel the home was reinvented into a more modern, light and bright beach house.

It was listed in January 2025 for $22,500,000 and sold for $17,000,000 so probably not what the seller envisioned, but after 10 years on the market I’m sure it’s a relief.

It underwent a massive remodel by Lane Design Build that transformed the home from a rather dated and ornate palace into the modern beach estate that it now is.

This gated property sits on a huge beachfront lot that extends all the way to the beach and features stunning views of the ocean and coastline. 

Some of the rare highlights included the gated entry, large theatre, 2 garages for 5 cars, oceanfront swimming pool, direct beach access and so much more.

433 Paseo De La Playa Details

  • 7 bedrooms
  • 9 bathrooms
  • 10,369 square feet (buyer to verify)
  • Huge 26,587 square foot oceanfront/blufftop lot extends to the sand
  • Built in 1995 and extensively remodeled in 2024
  • 2 garages with 5 car garage parking
  • Listed by Mark Dessy – Premier Property Solutions – 310-378-0488
  • **Please note that the home has a Redondo Beach mailing address but is in the city of Torrance with Torrance schools and services.
  • LIsted for $22,500,000 and sold for $17,000,000

433 Paseo De La Playa, Redondo Beach, CA 90277 - Sold at $17,000,000

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.
Cote D'Azur pool in the Hollywood Riviera

Only 4 Home Sales in the Hollywood Riviera in January

January 2025 Real Estate Market Report

10 Homes Sell in the Hollywood Riviera at $2,314,300 Average Price

Welcome to the Hollywood Riviera real estate recap for the first month of 2026.  It was a slow month for the number of homes that sold, but that was not surprising as homes don’t tend to sell/go into escrow in December.

There were 4 home sales in January compared with 10 in December and5 in November. 

The average “asking” price was $1,805,000 and the average sold price was $1,775,125 which was down  from $2,314,300 in December but up from $1,324,967 in  November.

The average price per foot in December was $1083 and the average days on market for the homes that sold was 61.

See how this compares to other months on our Hollywood Riviera real estate trends and statistics page.

Cote D'Azur pool in the Hollywood Riviera

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January 2026 Hollywood Riviera Home Sales and Prices

Home type Address Price Beds & Baths Sq Feet Year built
CONDO 649 Paseo De La Playa #303 $845,000 2/1,1,0,0 1371 1962
CONDO 639 Paseo De La Playa #106 $2,100,000 2/2,0,0,0 1578 1962
SFR 5506 Calle De Ricardo $2,075,000 3/2,0,0,0 1468 1956
SFR 4508 Newton ST $2,180,500 4/2,1,0,0 2095 1954

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.

Oceanfront homes on Paseo De La Playa in the Hollywood Riviera

Hollywood Riviera Real Estate Review – 2025 By the Numbers

Hollywood Riviera Real Estate Review - 2025 By the Numbers

What a year it was for home sales and home prices in the incredible coastal community of the Hollywood Riviera in Redondo Beach and Torrance. Here’s some very impressive stats  in 2025.

  • 107 – Number of on market homes that sold and closed escrow
  • $2,231,938 – Average sale price of the homes that sold
  • $2,025,000 – Median sale price of the homes that sold
  • $2,250,660 – Average list price of the homes that sold
  • $1,999,000 – Median list price of the homes that sold
  • 99.8% – Sold price was 99.8% of list price meaning homes almost always sold for full price
  • $938 – Average price per square foot for the homes that sold
  • 37 – Average days on market before going into “pending” status
  • 14 – Median days on market before going into “pending” status

The lowest priced sale of the year was,a 2 bedroom condo at 163 Paseo De La Concha Unit#1 that sold for $784,000 with the highest priced sale of 2025 in the Hollywood Riviera was $9,700,000 for an oceanfront single family home on a large lot at 631 Paseo De La Playa.

For comparison there were 77 Hollywood Riviera homes that sold in 2024 at an average price of $2,053,853.

View the current homes for sale in the Hollywood Riviera

Current Homes for Sale in the Hollywood Riviera

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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws.
Elegant stairs

Hollywood Riviera Home Sales – 10 Homes sell in December

December 2025 Real Estate Market Report

10 Homes Sell in the Hollywood Riviera at $2,314,300 Average Price

Welcome to the Hollywood Riviera real estate recap for December 2025.  It was a great month for the number of homes that sold and the average prices that they sold for.  

There were 10 home sales in December compared with 5 in November, 9 in October and 6 in September.   The average “asking” price was 2,389,200 and the average sold price was $2,314,300 which was a huge jump from $1,324,967 in November.

The average price per foot in December was $1,045 and the average days on market for the homes that sold was 41.

See how this compares to other months on our Hollywood Riviera real estate trends and statistics page.

Luxury living rooms

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December 2025 Hollywood Riviera Home Sales and Prices

Home type Address Price Beds & Baths Sq Feet Age
SFR 875 Calle De Arboles $1,475,000 3/2,0,0,0 1200 1948
SFR 309 Via Linda Vista $2,100,000 3/2,0,0,0 1990 1939
SFR 205 Vista Del Parque $2,200,000 4/2,0,0,0 1767 1957
SFR 527 Camino De Encanto $2,225,000 3/1,1,0,0 1512 1955
SFR 728 Calle De Arboles $2,320,000 3/2,0,1,0 2100 1948
SFR 438 Calle De Aragon $2,610,000 5/3,0,1,0 2988 1948
SFR 237 Via Los Miradores $2,715,000 5/1,2,1,0 2659 1953
SFR 118 Via Buena Ventura $3,925,000 5/3,1,0,0 3750 2020
SFR 5109 Paseo Del Pavon $1,513,000 4/2,0,0,0 1597 1956
SFR 3837 Paseo De Las Tortugas $2,060,000 4/5,0,1,0 4510 1988

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.

Merry Christmas from Vista Sotheby's

Merry Christmas in the Hollywood Riviera and the South Bay

From all of us at Homes in Hollywood Riviera.com, realtor Keith Kyle, and Vista Sotheby’s International Realty, we wish you and yours a very Merry Christmas and Happy Holidays!  It’s our favorite time of the year.

Merry Christmas from Vista Sotheby's

Happy Thanksgiving

Happy Thanksgiving 2025 in the Hollywood Riviera

Happy Thanksgiving 2025!

From all of us at Homes In Hollywood Riviera.com, Vista Sotheby’s International Realty and realtor Keith Kyle, we wanted to wish you and yours a very happy Thanksgiving and Thanksgiving weekend.  Enjoy!

Happy Thanksgiving

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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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