oceanfront home the top sale of the Month in Redondo Beach
sold for $7,050,000
Without question, Paseo De La Playa is one of our favorite streets in all of the South Bay and Southern California. The homes on the west side of the street have unblocked panoramic views from Palos Verdes to Malibu. The lots are huge…..extending all the way to the beach. The homes have privacy that’s impossible along the Esplanade or the Strand in Hermosa and Manhattan and its not nearly as far out as some of the oceanfront homes in Palos Verdes.
Listed by Christina Schlank of Vista Sotheby’s 517 Paseo De La Playa was one of the best homes on the best street. Incredible indoor and outdoor spaces in a luxurious but casual beach home. Views were endless.
This home was built in 1962 but underwent an almost total remodel in 2010 and still looks and feels lke a new home.
The home last sold for $5,920,000 in 2017. The previous owner had been Larry Miller of Sit and Sleep and “your mattress is freeeeee!” fame.
3.058 square feet
22,289 sq foot lot oceanfront lot extending to the beach
Built in 1952 extensively remodeled in 2010
Listed by Christina Schlank – Vista Sotheby’s International Realty -310-977-5074
The property actually consists of 2 distinct homes….the main home with 5
bedrooms and 8 total baths, and the “guest” home with 5 bedrooms and 7 total baths. Both homes are high on the bluff with unbeatable and unblockable ocean, PV and coastline views. The properties have stairs down to the beach below which is also a challenge to duplicate due to very restrictive California Coastal Commision restrictions.
Listed at $24,995,000
The property was actually on the market back in 2020 and 2021 first at $27.0M and then at $23M but never sold. They also tried to sell the properties separately.
This was a very high end luxury townhome just a block west of the shopping and dining of Riviera Village and only a few blocks to the beach, but regardless of the location…..these are HUGE numbers for a townhome…..especially an attached townhome with shared walls! The home offered 4 bedrooms plus an office with high end finishes throughout. There was not view from the interior but did have an ocean view roof top deck. The home sold before it hit the market and closed at a pretty amazing $3.2M.
3,000 square feet (approx)
$250 HOA dues
Priced at $3,199,000 sold at $3,199,000
Listed by Gary Elminoufi – Beach City Brokers – 310-543-3536
Take a look below at the homes that sold in the Hollywood Riviera during the month of April 2022.
The activity level was impressive yet again with 13 on market home sales during the month compared with 10 in March and only 4 during February. The average “list” price was a pretty massive $1,810,385 with the average sold price at $1,943,538 meaning that, in general, homes sold WAY above the original list price. The average price per foot was $1010 and median days on market was a very brief 8 days before going into pending status. The average days on market was 8. See how this compares to other months on our Hollywood Riviera real estate trends and statistics page.