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

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.

307 Broadway Redondo Beach CA

Featured Listing in South Redondo Beach – Luxury Townhome Blocks to the Beach

just listed at $1,635,000

307 N Broadway, Redondo Beach CA 90277

**Please note that this is an older post and this home sold in 2021 for $1,675,000

Own the Southern California coastal lifestyle with this beautiful home in the heart of south Redondo Beach.

Ideally located and central to everything that makes the South Bay so special.  Just 2 blocks to King Harbor and the Redondo Pier, half mile to the beach and bike path, steps to shopping and dining, 3 blocks to Redondo Union High School and a block from serene Czuleger park.  This is one of those homes that you park the car on Friday and there’s no need to get back in until after the weekend.

307 Broadway Redondo Beach CA
This fully detached front townhome looks and lives like a single family home with landscaped front yard and no shared walls. Offering 3 spacious bedrooms plus an oversized mezzanine level perfect for home office with it’s own private ocean view deck.  Built in 2005 the owners have meticulously maintained and upgraded and it’s picture perfect just waiting for it’s future owner to make their own memories here. 307 Broadway is just as charming on the inside as it is from the outside.  With an elegant Mediterranean inspired design and manicured front yard the home is  beautifully framed with colorful flowers and roses.
  • 3 bedrooms
  • 3 bathrooms
  • 2,410 square feet
  • Built in 2005
  • 2 car garage
Entryway features a dramatic staircase with wood steps and beautiful iron railings and travertine flooring to 1st floor guest rooms.  The hallway to the guest rooms makes for even greater privacy and adds a creates a sense of space from the moment you enter.  Lower level features two bright and spacious bedrooms with ample closet space, recessed lighting, plantation shutters and ceiling fans.  The first floor also offers a beautiful full guest bathroom along with laundry closet and direct access to the 2 car attached garage. The main level also features a beautiful primary suite.  This fantastic room features an abundance of windows with plantation shutters, recessed lights, and plenty of room.  Looking for closet space?   The primary suite features not one but two closets.  The walk in is huge with another separate double closet as well.  The luxurious en suite offers a separate shower and jacuzzi tub, separated vanities with beautiful granite countertops and an abundance of light. Head upstairs to the warm and inviting main level and immediately be struck by the soaring ceilings and incredible light.  This open concept level has everything for today’s home buyer and is the perfect space to enertain or just spend a relaxed night at home.  The beautiful living room offers gleaming distressed maple wood floors, sliders that lead directly to the private balcony, fireplace and an incredible sense of openness.  The open concept allows for both the kitchen and dining areas to merge seemlessly.  The entertainer’s kitchen is the central feature of the main level and offers granite countertops, high-end stainless appliances including the Sub Zero refrigerator, beautiful coastal inspired white cabinetry and plenty of counter space.  Head out the sliding doors to the private and large deck to enjoy summer BBQs and beach breezes.  The location and size of the balcony perfectly merges indoor and outdoor spaces. Head upstairs to the open mezzanine and loft left.  This adaptable space can be utilized to fit your lifestyle from play area to home gym to the perfect home office.  This beautiful space offers ample storage and it’s own private west facing deck for the perfect outdoor lounge area and feature ocean views and incredible beach breezes. Additional highlight features and upgrades include Simonton dual paned windows throughout, central A/C and heat, and spacious 2 car side by side garage with new epoxy floor coating.  The HOA is inactive and there are no monthly fees.

Redondo Beach MLS Listing

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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

The Hollywood Riviera

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.

The home was listed by Chris Fitzpatrick – Pacific Land Corporation – 310-519-0155

Search the current homes for sale in the Hollywood Riviera

The Hollywood Riviera

109 Via La Soledad – $3,325,000


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

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Vista Sotheby's International

Vista Sotheby’s International Realty is one of the premier real estate firms in Southern California.  Visit our Riviera Village Office

ADDRESS:

1801 S Catalina Ave, Redondo Beach, CA 90277

Phone:

310.251.2344

E-mail:

keith@keithkylehomes.com

CONTACT AGENT

Redondo Beach realtor Keith Kyle.
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Keith Kyle

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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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