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
2018 when it sold for $22,650,000. This was a record price for the South Bay and Beach cities at the time and it was due, in large part, to the location and the fact that it was actually two oceanfront homes on a massive beachfront lot.