Homes in the Hollywood Riviera

What’s Happening in the Hollywood Riviera Real Estate Market

Let's take a look at the current real estate market conditions

Whether you’re a home buyer or selling your home in the Hollywood Riviera, keeping up with the real estate market trends and statistics can be a great way to make an educated decision.  Below is a series of charts showing what the real estate market in the Hollywood Riviera is doing each month.

Take a look below to see the number of active listings, pending home sales, closed sales, average home prices, months of inventory and more.  

We hope that this will give you some good insight into where the market has been and where the real estate market is going.

Oceanfront homes on Paseo De La Playa in the Hollywood Riviera

The number of homes for sale, in escrow, and sold

The chart below shows how many homes are for sale, in escrow and have sold each month. The market has remained pretty consistent with about 7 homes selling a month on average. Other than the first month or two in both 2023 and 2024, when the market is historically the slowest, conditions have remained pretty consistent.

Average price per foot of sold homes in the Hollywood Riviera 

The chart below shows the average $ per square feet of the homes that have sold each month in the Hollywood Riviera. We don’t love this metric for the neighborhood as homes are very different ranging from big ocean views to very original condition bungalows so one huge sale of an oceanfront property can make a big difference (see 8/23) When taken over time it’s a good indicator, however, of where prices are going. Overall average price per foot has remained fairly steady for the past year.

Average days on market as well as the % of how close homes are selling to their original list price.

The chart below shows 2 things. The orange bar graph shows the average days on market for the homes that have sold. As there are certain months with few home sales this number can be skewed but the very low number of the past 6 months indicates a very strong sellers market. The second metric is the sale price percentage in relation to the list price. This charg shows that in general homes have been selling quickly and for full price and for the past few months has been trending up and homes are often selling over the list price.

Median home prices, average sales price and average sold price

Months of inventory on the market or how long it would take to sell all of the homes. 

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307 Broadway Redondo Beach CA

7 Homes Sell in March in the Hollywood Riviera – Take a Look

March 2024 Real Estate Market Report for the Hollywood Riviera

7 Homes Sell at $2,184,171 average

The number of homes sold continued to trend upward as we head further into 2024 with 7 homes closing escrow during market.  There were only 5 sales in February and a paltry 3 in January.

Sold home prices continued to impress.  The average “list” price was $2,150,543 and the average sold price was $2,184,171 compared to $2,040,300 in February and $1,911,667 in January.

The average price per foot dropped a bit from February and was $982 compared to February’s  $1,064 per foot. 

The days on market for the homes that sold was 45 but median days on market was a brief 8.

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

Luxury living rooms

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March 2024 Hollywood Riviera Home Sales and Prices

Type Address Price Beds/Baths Sq Feet Year
TWNHS 486 Palos Verdes BLVD $1,300,000 3/2,0,1,0 1577/A 1974/ASR
SFR/D 224 Via La Circula $1,784,200 3/1,1,0,0 1656/A 1948/ASR
SFR/D 409 Via La Selva $3,150,000 4/4,0,0,0 2724/A 1952/ASR
SFR/D 811 Calle de Arboles $3,775,000 4/4,0,0,1 3180/P 2021/BLD
SFR/D 4415 Newton ST $1,500,000 3/1,1,0,0 1384/A 1954/ASR
SFR/D 4303 Mesa ST $1,750,000 3/3,0,1,0 3155/A 1978/ASR
SFR/D 24863 Via Valmonte $2,030,000 3/2,0,0,0 2041/A 1966/OTH

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.

Vista Bahia condos in the Hollywood Riviera

Hollywood Riviera Home Sales and Prices in February 2024

February 2024 Real Estate Market Report

Slow Start to the year with only 3 homes selling in the Hollywood Riviera Last Month

After a reall slow start to the year with only 3 home sales in the Hollywood Riviera of the South Bay, February picked up a bit.  There were 5 sales in February which was still slow, but certainly better.

That said the home prices continued to impress.  The average “list” price was $2,034,600 and the average sold price was $2,040,300 which was a nice increase from $1,911,667 in January.

The average price per foot was $1,064 and average days on market was an astounding 4 before going into escrow.  That was a bit misleading however, as 2 of the homes were not listed until after they had already gone into escrow.  Both showed 0 days on market.

2 of the 4 homes were ocean view condos/townhome in the community of Village Palos Verdes.

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

Village Palos Verdes townhomes pool area

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February 2024 Hollywood Riviera Home Sales and Prices

Property type Address Price Beds/Baths Sq Feet Year Built
TWNHS/A 400 1/2 Palos Verdes BLVD $1,662,500 3/2,0,1,0 2026/T 1978/ASR
TWNHS/A 428 1/2 Palos Verdes BLVD $1,699,000 3/2,0,1,0 1884/A 1978/ASR
SFR/D 217 Via Los Miradores $2,030,000 3/1,1,1,0 2240/A 1955/ASR
SFR/D 634 Camino De Encanto $2,250,000 3/2,0,1,0 1636/A 1955/ASR
SFR/D 315 Via San Sebastian $2,560,000 4/1,2,0,0 1945/P 1954/PUB

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.

Luxury interiors in the homes of the Hollywood Riviera

Slow Start to 2024 in the Hollywood Riviera – 3 Sold Homes

January 2024 Real Estate Market Report

Slow Start to the year with only 3 homes selling in the Hollywood Riviera Last Month

The year definitely did not start off with a bank as there were only 3 homes that sold to start the year.  January 2024 was SLOW for home sales in the Hollywood Riviera of the South Bay.  January is often the slowest month for actual closed escrows as December is the slowest month for homes going on the market and going into escrow due to the holidays.

That said the home prices continued to impress.  The average “list” price was $1,939,967 and the average sold price was $1,911,667 compared to  $1,933,000 in December.

The median price per foot was $1007 and median days on market a very short 28.

The top sale of the month was 341 Avenida Atezada which was a 3 bed/2 bath single family home that closed at $1,980,000.  We have little info on the home as the photos don’t show much and the description says almost nothing.

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

Luxury interiors in the homes of the Hollywood Riviera

Know about new listings in Hollywood Riviera first!

January 2024 Hollywood Riviera Home Sales and Prices

Property Type Address Price Bed/Bath Sq Feet Age
SFR/D 133 Via Los Altos $1,825,000 4/3,0,0,0 2029/A 1955/ASR
SFR/D 341 Avenida Atezada $1,980,000 3/2,0,0,0 1868/A 1956/ASR
SFR/D 5006 Paseo De Las Tortugas $1,930,000 3/1,1,0,0 1819/A 2021/SLR

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.

3306 Highland Ave Hermosa Beach home for sale

Just Down the Road – 3306 Highland In Hermosa Beach

Beautiful Beach Home Hits the Market in Hermosa Beach

3306 Highland Avenue, Hermosa Beach, CA 90254

Incredible Beach Inspired ocean view Home

While this home may not be in the Hollywood Riviera, we’re certain thrilled to bring this one to the market.

Welcome to casual and sophisticated living at its finest…welcome to 3306 Highland Ave in Hermosa Beach.  Own your piece of the beach lifestyle

This inspired beach home offers the perfect combination of elegant design with casual & open living.
From the timeless coastal-inspired architecture to the open design to the modern features including a 3-stop elevator, this home has it all.

Listed by Keith Kyle with Vista Sotheby’s International

Ideally located in the highly sought-after north Hermosa sand section, you are just blocks to the beach, steps to Manhattan, and equidistant between the piers and downtown areas.

The curb appeal is incredible, with classic Cape Cod styling and a So Cal flair.

From the moment you enter and see the sophisticated staircase and open layout, you’re immersed in a warm, inviting space with beautiful Brazilian cherry hardwood floors,  soaring ceilings & abundant windows. The lower level features a beautiful family room with an elegant fireplace, square panel traditional wainscoting, & sliders to the patio & yard. The first floor also features a luxurious home office along with two spacious bedrooms that share a jack and jill bathroom.  There is a second full bathr on this level to serve guests or either of the two bedrooms.  The ground floor also features a spacious laundry room with an abundance of storage.

Head up the luxurious staircase or 3-stop elevator to the main level.

The living area offers another beautiful fireplace, a balcony, and sliders to capture the beach breezes.

The kitchen is an entertainer’s dream with an open layout, a coastal-inspired color palette, breakfast bar, & a beautiful island that is the room’s centerpiece and opens directly to the living room & dining room. Luxury features include a walk-in pantry, 6-burner Viking Professional range, granite counters, stainless appliances, and more.

The open dining room is ideal for casual and formal dining, with plenty of room for extended family and guests.

Past the living spaces, you’ll find a powder room & a guest suite with a full bath, large closet, and abundant light & space.

At the rear of the main level is the luxurious primary suite. This serene space offers everything you could ask for……vaulted ceilings, a walk-in closet, beautiful floors, overhead reading lights, & a private deck to enjoy the near-perfect weather. The elegant primary bathroom features a jacuzzi tub, frameless walk-in shower, and his and her vanities. 

3306 Highland Ave Facts and Features

  • 4 bedrooms
  • 2 offices (one could be utilized as 5th bedroom)
  • 4.5 bathrooms
  • 3,208 square feet
  • 2,984 sq foot  lot (approx 30 x 100)
  • Built in 2005
  • Listed at $5,125,000
  • Listed by Keith Kyle – Vista Sotheby’s – 310-251-2344 or keith@keithkylehomes.com
Contact Hermosa Beach real estate specialist Keith Kyle with Vista Sotheby’s International for more information

The top floor offers a spacious and adaptable bonus/entertaining room that can be utilized for a variety of purposes including as a 5th bedroom, office, den, TV room and more. The options are limitless, and as the top floor features an incredible ocean view deck, this may become the home’s most utilized room. The home features hardwood floors, central A/C, a two-car garage, & 3-stop elevator.

3306 Highland Avenue, Hermosa Beach, CA 90254 - For Sale at $5,125,000

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. 

Village Palos Verdes townhomes Redondo Beach

3 Bedroom Oceanview Townhome at 486 Palos Verdes Blvd

Ocean view townhome hits the market

486 Palos Verdes Boulevard, Redondo Beach, CA 90277

It must be something in the air as a second listing hits the market in the townhome complex of Village Palos Verdes since the beginning of the year.

This latest listing is right off of PV Blvd so it offers fantastic views but is impacted by road noise.  That said we think it’s very aggressively priced and think it will certainly sell quickly and much higher than the list price.  The other 3 bedroom on the market just listed for $1,699,000!

This layout offers a living room with very high ceilings and floor to ceiling windows and sliders to maximize the light.  This level also offers a nice fireplace and sliders out to the private patio.

Updated kitchen features stainless appliances, Caesarstone counters, and updated cabinetry.

All three bedrooms, including the primary suite are on the top level.  The primary suite offers fantastic ocean views.  This level also offers the laundry area and 2 bathrooms.  

Explore the Village Palos Verdes community offering 2 pool and spa areas and a fantastic location in the Hollywood Riviera.

486 Palos Verdes Boulevard, Redondo Beach, CA 90277 Facts and Figures

    • Oceanview townhome
    • 3 bedrooms
    • 3 bathrooms
    • 1,577 square feet (BTV)
    • Built in 1974
    • HOA $520 a month
    • Priced at $1,299,800
    • Listed by Kevin Gallaher – RE/MAX ESTATE – 310-802-6000

Contact Redondo realtor Keith Kyle with Vista Sotheby’s International to request more info

486 Palos Verdes Boulevard, Redondo Beach, CA 90277 - Listed for $1,299,800

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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the hollywood riviera

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.
DRE#01712785

Keith Kyle

Top Producing Realtor

About Vista Sotheby's

Learn more about how Keith Kyle and Vista Sotheby's International can help with all of your real estate needs

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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