417 Paseo De La Playa Redondo Beach

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 homes on Paseo De La Playa in the Hollywood Riviera

Oceanfront Home at 505 Paseo De La Playa Sells at $5,175,000

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 – Sold at $5,175,000


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.

Palm tree in Redondo Beach

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.

January Home Update – Hollywood Riviera Property Sales and Home Prices

It was a fairly typical month in the Hollywood Riviera real estate market in January with 11 sold homes to start out the year. That was certainly much higher than the 5 sales in December but about average compared with previous months. The median home “asking” price was $1,329,000 with the median “sold” price at $1,388,500 showing just how favorable the market is for sellers. The median price per foot was an impressive $845.

Search the current homes for sale in the Hollywood Riviera

January Property Sales and Home Prices in the Hollywood Riviera

Type Address Price $ Per Sq Foot Bed/Bath Sq Feet Year Sold Date
TWNHS/A 6010 S Pacific Coast HWY #10 $1,140,000 $625.00 3/1,1,1,0 1824/A 1987/ASR 1/13/2021
SFR 129 Via Colusa $1,285,000 $1,052.42 2/1,0,0,0 1221/A 1948/ASR 1/22/2021
SFR/D 712 Calle De Arboles $1,388,500 $750.54 3/2,0,0,0 1850/AP 1948/ASR 1/7/2021
SFR/D 837 Calle Miramar $1,610,000 $861.42 3/2,0,0,0 1869/A 1955/ASR 1/22/2021
SFR/D 626 Paseo De La Playa $1,700,000 $1,039.12 4/2,0,0,0 1636/A 1955/ASR 1/12/2021
SFR/D 339 Via El Chico $2,248,700 $690.42 3/2,1,0,0 3257/T 1953/ASR 1/29/2021
SFR/D 4721 Highgrove AVE $1,125,000 $602.25 3/2,1,0,0 1868/A 1953/ASR 1/15/2021
SFR/D 5202 Paseo De Pablo $1,265,000 $788.65 3/2,0,0,0 1604/A 1956/ASR 1/25/2021
SFR/D 5406 Calle De Ricardo $1,365,000 $929.84 3/2,0,0,0 1468/A 1956/ASR 1/5/2021
SFR/D 4509 Highgrove AVE $1,475,000 $845.27 3/1,2,0,0 1745/A 1953/ASR 1/22/2021
SFR/D 5313 Calle De Arboles $1,560,000 $1,037.92 3/1,1,0,0 1503/A 1955/ASR 1/8/2021

See the Highest Priced Home Sale in the Hollywood Riviera in 2020

529 Paseo De La Playa - Top Home Sale of 2020 - Sold at $5,650,000

It’s not surprise that the highest priced home sale of the year in the Hollywood Riviera was a beachfront property on Paseo De La Playa. 529 Paseo De La Playa closed at $5,650,000 after a very brief time on the market listed at $5,800,000.  It was fairly original but as the pictures indicate…..the views, the views the views.  It also had extensive work done on the bluff to protect from erosion and allow a path to the beach so this is definitely going to be spectacular in the future.  There are actually 3 current listings on Paseo De La Playa all at  list prices that dward the $5,650,000 that this home sold for.  View the current homes on Paseo De La Playa here.

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

Pictures and details of 529 Paseo De La Playa Redondo Beach

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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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