Redondo Beach Real Estate Review – August at a Glance

Let’s take a brief look at the month that was for Redondo Beach real estate.  Due to lower levels of inventory there were 82 on market home sales which was impressive but nowhere near the incredible 103 homes that sold in August of 2020.  The homes that sold had a median sales price of $1,311,00 and averaged only 16 days on market before going into escrow and the average price per foot was $749.

See how this compares with other months on our Redondo Beach real estate trends and statisics page.

View the current homes for sale in Redondo Beach California

Top Hollywood Riviera Home Sale of the Month – 109 Via La Soledad Sells at $3,325,000

Hollywood Riviera's Top Sale of August

There were some very big home sales during August in the Hollywood Riviera but none bigger than the $3,325,000 sales price of 109 Via La Soledad.  Perched on an elevated lot this was a beautifully remodeled single family home with a Cape Cod inspiration.  The home had a wonderful coastal feel and offered big ocean views and a very nice sized yard.

Search the current homes for sale in the Hollywood Riviera

109 Via La Soledad – $3,325,000


Listing courtesy of Chris Fitzpatrick – Pacific Land Corporation – 310-519-0155

See the Homes that Sold in the Hollywood Riviera During August

Real Estate Review - August Hollywood Riviera home Sales

Welcome to the real estate recap in the Hollywood Riviera for August 2021.  It was a very solid month for home sales in this coastal town with 10 on market home sales. The average list price was $1,827,050 with the average “sold” price of $1,855,050 . Homes averaged only 35 days on market before going into escrow.

The big sale of the month was a beautifully remodeled single family home with a Cape Cod design at 109 Via La Soledad that closed escrow at $3,325,000.

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

August 2021 Home Sales and Property Prices in the Hollywood Riviera

Type AddressPrice$ Per FootBed/BathSq FeetYearSold Date
TWNHS/A157Paseo de la Concha #4$945,000$877.442/1,0,1,01077/P1977/PUB8/6/2021
TWNHS/A6160 SPacific Coast HWY$980,000$818.032/3,0,0,01198/B2020/BLD8/6/2021
CONDO/A201Calle Miramar #17$1,000,000$693.482/2,0,0,01442/S1962/ASR8/11/2021
SFR/D236Paseo De Gracia$1,800,000$1,050.793/2,1,0,01713/A1952/ASR8/23/2021
SFR/D123Camino De Las Colinas$2,000,000$1,140.253/2,0,0,01754/A1950/ASR8/3/2021
SFR/D124Paseo De Las Delicias$2,100,000$1,135.143/2,0,1,01850/A1951/ASR8/11/2021
SFR/D533Paseo De Las Estrellas$2,700,000$738.924/1,2,1,03654/A1959/ASR8/3/2021
SFR/D109Via La Soledad$3,325,000$1,065.024/2,0,1,03122/B2008/ASR8/26/2021
SFR/D3911Mesa ST$1,790,000$736.024/3,0,0,02432/A1971/ASR8/30/2021
SFR/D4015Paseo De Las Tortugas$1,910,500$829.574/1,2,1,02303/P1969/PUB8/9/2021

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

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.

2020 Hollywood Riviera Real Estate Market Recap – By the Numbers

Here’s a quick recap of the year that was in the Hollywood Riviera. The real estate market remained hot for the entire year and seemed to pick up steam as time went by. Click here to view the homes that sold in the Hollywood Riviera during 2020.

See also the current properties for sale in the Hollywood Riviera community.

Date 20-Jan 20-Feb 20-Mar 20-Apr 20-May 20-Jun 20-Jul 20-Aug 20-Sep 20-Oct 20-Nov 20-Dec
For Sale 14 14 16 13 24 25 24 21 15 12 18 12
New Listing 11 12 15 10 12 19 16 18 9 8 8 2
Sold 6 8 10 9 6 6 14 21 16 8 10 5
Pended 12 9 9 5 4 19 19 13 12 7 4 14
Avg. Active Price 3160 3092 2367 2557 2552 2583 2523 2668 2995 2508 1565 5600
Avg. Sold Price 1475 1410 1528 1400 1571 2359 1510 1552 1672 1612 1605 1578
Avg. Sq. Ft. Price (Sold) 670 745 741 756 762 904 780 745 855 691 754 812
Sold/List Diff. % 96 100 99 99 97 99 100 99 102 100 101 100
Sold/Orig LP Diff. % 93 99 95 98 94 94 98 98 100 99 97 100
Avg Days on Market 82 51 72 44 32 55 24 34 22 25 51 16
Median Sold Price 1247 1335 1404 1075 1399 1755 1498 1510 1560 1500 1625 1700

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