Realtrends recently compiled their list of the top realtors in the country and in the state for 2021 and Keith Kyle was proud to be recognized as one of the top 1.5% of realtors nationwide. We thank our wonderful clients for putting their trust in us and helping make this happen. Thank you to all of them.
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.
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.
Back on the market once again, 433 Paseo De La Playa has returned with a new price. We’ve mentioned this home many times in the past as it’s been on and off the market since 2014.
This one is all about location and possibilities as it’s a massive almost 7,800 foot home with approved plans to add another 2,000+ square feet. This ornate estate sits on a huge 26,580 foot lot that extends down the hillside to the beach below. In our opinion this is one of the best locations in all of the South Bay as it combines stunning views, direct beach access and privacy you just don’t find in most other beachfront locations in Southern California. The home has struggled to sell for a number of reasons but with the new price and the incredible market we envision it selling this time. Due to the lot size this is a true estate type home with a gated entry, sports court, oceanfront pool, grand staircase, 4 car garage. For those looking for a legacy type property this checks a lot of boxes and would be very hard to duplicate. As mentioned the home has been on and off the market for a very long time. It hit the market in 2014 (had sold in 2012) at a then over the top $16M. It was listed and relisted several times from 2014-2018 at similar price points. The home was relisted once agai at $14.9M in 2018 and then eventually at $14.5M and pulled off of the market at the beginning of this year.
Home and Property Info
7,792 square feet (BTV)
26,580 oceanfront lot
Priced at $12,900,000
Listied by Mark Dessy – Premier Property Solutions 310-378-0488
oceanfront home hits the market in the Hollywood Riviera
Beautifully remodeled home…..check……one of the best locations in all of the South Bay……check……..legacy type property…….check…… Listed by Christina Schlank of Vista Sotheby’s this is a beautiful home one of our favorite streets in all of the South Bay.
The lots on the west side of Paseo De La Playa extend all the way down to the sand (not all have access to the beach and putting in access is REALLY tricky due to California coastal commission restrictions. 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
Built in 1952 extensively remodeled in 2010
Listed by Christina Schlank – Vista Sotheby’s International Realty -310-977-5074