The Hollywood Riviera in the South Bay

Oceanfront 433 Paseo De La Playa Sells After Years – $17.0M!

Oceanfront Estate in the Hollywood Riviera Sells

433 Paseo De La Playa, Redondo Beach

Sold at $17,000,000

There are homes that are on the market for a while…..and there are homes that are on the market forever.

433 Paseo De La Playa was originally listed in 2014 and it has now finally sold.  This was the third highest priced home sale in the Hollywood Riviera ever.

There was no disputing the location as it’s simply magnificent.  The problem was the home itself and the price.  The home in it’s pre 2024 remodel was probably likely considered luxurious….but it was a whole lot of house (10,000+ sq feet!) that needed remodeling and clearly nobody was willing to take that on.

433 Paseo De La Playa was listed by Mark Dessy of Premier Property Solutions.

Post remodel the home was reinvented into a more modern, light and bright beach house.

It was listed in January 2025 for $22,500,000 and sold for $17,000,000 so probably not what the seller envisioned, but after 10 years on the market I’m sure it’s a relief.

It underwent a massive remodel by Lane Design Build that transformed the home from a rather dated and ornate palace into the modern beach estate that it now is.

This gated property sits on a huge beachfront lot that extends all the way to the beach and features stunning views of the ocean and coastline. 

Some of the rare highlights included the gated entry, large theatre, 2 garages for 5 cars, oceanfront swimming pool, direct beach access and so much more.

433 Paseo De La Playa Details

  • 7 bedrooms
  • 9 bathrooms
  • 10,369 square feet (buyer to verify)
  • Huge 26,587 square foot oceanfront/blufftop lot extends to the sand
  • Built in 1995 and extensively remodeled in 2024
  • 2 garages with 5 car garage parking
  • Listed by Mark Dessy – Premier Property Solutions – 310-378-0488
  • **Please note that the home has a Redondo Beach mailing address but is in the city of Torrance with Torrance schools and services.
  • LIsted for $22,500,000 and sold for $17,000,000

433 Paseo De La Playa, Redondo Beach, CA 90277 - Sold at $17,000,000

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.
Oceanfront homes on Paseo De La Playa in the Hollywood Riviera

Hollywood Riviera Real Estate Review – 2025 By the Numbers

Hollywood Riviera Real Estate Review - 2025 By the Numbers

What a year it was for home sales and home prices in the incredible coastal community of the Hollywood Riviera in Redondo Beach and Torrance. Here’s some very impressive stats  in 2025.

  • 107 – Number of on market homes that sold and closed escrow
  • $2,231,938 – Average sale price of the homes that sold
  • $2,025,000 – Median sale price of the homes that sold
  • $2,250,660 – Average list price of the homes that sold
  • $1,999,000 – Median list price of the homes that sold
  • 99.8% – Sold price was 99.8% of list price meaning homes almost always sold for full price
  • $938 – Average price per square foot for the homes that sold
  • 37 – Average days on market before going into “pending” status
  • 14 – Median days on market before going into “pending” status

The lowest priced sale of the year was,a 2 bedroom condo at 163 Paseo De La Concha Unit#1 that sold for $784,000 with the highest priced sale of 2025 in the Hollywood Riviera was $9,700,000 for an oceanfront single family home on a large lot at 631 Paseo De La Playa.

For comparison there were 77 Hollywood Riviera homes that sold in 2024 at an average price of $2,053,853.

View the current homes for sale in the Hollywood Riviera

Current Homes for Sale in the Hollywood Riviera

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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws.
Redondo Beach luxury homes

9 Home Sales in the Hollywood Riviera in October

October 2025 Real Estate Market Report

9 Homes Sell in the Hollywood Riviera at $1,770,025 Average Price

Welcome to the Hollywood Riviera real estate recap for October 2025.  It was a solid month for the number of homes that sold and the average prices that they sold for.  

There were only 9 home sales in October 2025 compared with only 6 in September.   The average “asking” price was $1,754,433 and the average sold price was $1,770,025 which was fairly typical but WAY below the incredible average of $3,447,930 in September although that was misleading as their was an oceanfront home on 631 Paseo De La Playa that closed at $9,700,000 that significantly skewed the averages.

The average price per foot was $999 and the average days on market for the homes that sold was a pretty incredible 19….so much for a down market.

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

Two of the sales were condos in the complex known as Cote D’ Azur and another in the townhome complex of Village Palos Verdes.  The rest were single family homes.

Redondo Beach luxury homes

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October 2025 Hollywood Riviera Home Sales and Prices

Type Address So Price Beds / Baths Sq Feet Year built
CONDO 639 Paseo De La Playa #305 $1,330,000 2/2,0,0,0 1371 1962
TWNHS 111 Calle Mayor $1,486,362 2/1,1,1,0 1554 1974
CONDO 639 Paseo De La Playa #107 $1,662,000 2/1,1,0,0 1602 1962
SFR 417 Via La Soledad $1,934,375 4/2,0,0,0 1503 1954
SFR 445 Calle Mayor $2,030,000 3/2,0,0,0 2427 1955
SFR 4402 Highgrove AVE $1,230,000 3/2,0,0,0 1124 1953
SFR 5421 Calle Mayor $1,399,990 3/2,0,0,0 1470 1954
SFR 4201 Mesa Street $1,482,500 4/1,1,1,0 2340 1969
SFR 4609 Paseo De Las Tortugas $3,375,000 4/4,0,1,0 2740 1956

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

Incredible Ocean Views at 201 Calle Miramar #8 in Redondo

Oceanview condo for sale in the Hollywood Riviera

201 Calle Miramar #8, Redondo Beach, CA 90277

$1,695,000 - Originally listed at $1,799,000

**UPDATE**  Please note that this is an older post and this home sold for $1,630,000 on 10/28/25 and is no longer for sale.  Click here to search the current homes for sale in the Hollywood Riviera.

 

Welcome to the beach life.  This single level condo in the Vista Bahia building sits just across from the beach.  The views from this unit are incredible and the home has recently been updated.

The open concept 2 bedroom condo offers wide plank luxury vinyl floors, updated kitchen with stainless appliances, granite counters and tile backsplash, and floor-to-ceiling windows to capture the views and breezes.

Vista Bahiea amenities include a nice pool, controlled and gated access,  elevator, community game room with a pool table, lounge area, and kitchen.  All just steps to the beach and Riviera Village. 

201 Calle Miramar #8 Facts and Features

  • 2 bedrooms
  • 2 bathrooms
  • 1,256sq feet (buyer to verify)
  • Monthly HOA fee of $625
  • Extensively remodeled
  • Built in 1962
  • 2 car parking in subterrean lot
  • Listed by Justin Miller – Beach City Brokers – 310-543-3536

201 Calle Miramar #8 Redondo Beach 90277 - $1,695,000

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.
Happy pride month

Happy Pride Month 2025 in the Hollywood Riviera

From all of us at Homes in Hollywood Riviera .com, realtor Keith Kyle and the team at Vista Sotheby’s International we wanted to wish you a very happy pride month.  Love is love and should be celebrated.

Happy Pride Month 2025

Happy pride month
Oceanview homes in the Hollywood Riviera Redondo Beach

Slower February Home Sales in the Hollywood Riviera

February 2025 Real Estate Market in the Hollywood Riviera

4 Homes Sell at $2,142,000 average

Welcome to the February 2025 real estate market recap for the Hollywood Riviera.  It was a slower month  with only 4 homes selling in February.

The average “list” price was $2,159,000 and the average sold price was $2,142,000 which was a big drop from $2,866,056 in January but way up from  $1,890,167 in December.

The average price per foot was $1228 which was up from previous months.

The average days on market for the homes that sold was  a super short 17 days before going into escrow.

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

Hollywood Riviera real estatte

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February 2025 Hollywood Riviera Home Sales and Prices

Type Address Price Beds/Baths Sq Feet Year built
TWNHS/A 422 Calle Miramar $1,319,000 2/1,1,1,0 1484 1978
SFR/D 626 Paseo De La Playa $2,250,000 4/2,0,0,0 1636 1955
SFR/D 601 Via Monte Doro $3,549,000 4/3,0,0,0 2296 1954
SFR/D 4703 Greenmeadows AVE $1,450,000 3/1,0,1,0 1312 1953

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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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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