320 Paseo De La Playa sunset view

Homes we Like – Big Views and a Beachy Vibe at 320 Paseo De La Playa

Although it’s surprising to still see this home on the market for over a month, we still think it’s a pretty affordable way of enjoying the good life in the Hollywood Riviera.  While homes on Paseo De La Playa are selling well into the multi millions (the largest of which sold over $22,000,000 in 2018!!!) there are still opportunities to carve out your beach niche in the area.  Just east of the parking lot above Torrance Beach is 320 Paseo De La Playa.  This condo/townhome offers some stunning and unblockable ocean views and sit’s just across the street from the beach.  Just reduced from $1,479,000 to $1,379,000 and listed with Redfin, this property may just be the beach home you’re looking for.

PRICE: $1,379,000
BED / BATH:  2/3
PRICE PER SQFT:  $811.18
LEVELS:  Two
GARAGE:  2/Detached
YEAR BUILT:  1976
SQFT(src):  1,700 (O)

What’s Around the Riviera? Explore the Neighborhoods of the South Bay

If Hollyglen and Del Aire aren’t the only neighborhoods you might be interested in, click on any city, neighborhood or photo below to see a real estate website designed specifically to provide valuable information on that area. See the current homes for sale, recent home sales, market statistics, area maps, photos and more. We hope that our information can help you with your home search. If you want other information or would like our assistance with your search please don’t hesitate to contact Keith Kyle for all of your real estate needs.

South Bay Communities and Real Estate Websites Around Hawthorne

 

Hollywood Riviera Dining – Sea Change Restaurant Visit with Civic Couch

Civic Couch and Steve Napolitano offer a look at restaurant Sea Change in Chez Melange in the Riviera Village shopping and dining area. Located at 1611 S. Catalina Avenue, Redondo Beach they are a “Seafood-centric restaurant with market-driven daily changing global menu”

Sea Change at Chez Melange
1611 S. Catalina Avenue, Redondo Beach, CA 90277
310-540-1222

Budgeting for a home inforgraphic

Budgeting To Buy a House in the Hollywood Riviera

There are costs of buying a home that go above and beyond the actual sales price.  In California these are negotiated in the offer and most of the time the seller pays the bulk of the costs.  There are a few exceptions to this and as mentioned…it’s negotiated.  The bulk of the buyer paid costs are loan related and usually include prepaid items and origination costs.

Although most home buyers know they’ll be paying some costs, it’s good to have an understanding of some of the smaller fees and costs.  Here is a look at some of the lesser known fees in buying a house that buyers should know about and budget for.

Budgeting for a home inforgraphic

417 Paseo De La Playa Redondo Beach

Hollywood Riviera Real Estate Market 2018- Year in Review

2018 was an incredible year for real estate in the Hollywood Riviera.  Home prices continued to rise rapidly as demand for homes in this coastal community showed no signs of easing.  For those just starting to explore the neighborhood, the Hollywood Riviera lies at the base of the Palos Verdes Peninsula.  With a Redondo Beach zip and mailing address, the Hollywood Riviera is actually part of Torrance with Torrance schools and services.  The combination of strict building restrictions protecting views and the location on the side of a hillside, makes for often spectacular ocean and coastline views.

View the current homes for sale in the Hollywood Riviera.

As of 12/21 there were 91 closed home sales with an average list price of $1,783,944 and an average sales price of $1,751,000.   The average price per foot was $744.   The median list price was $1,399,000 with a median sales price of $1,415,000 meaning the median sales prices were over list price!!  The median price per foot for 2018 was at $699.

The higest sale of the year $22,650,000 for a spectacular oceanfront estate at 417 Paseo De La Playa.  The lowest priced sale of the year $607,500 for a 2 bedroom condo on Pacific Coast Highway.

Hollywood Riviera Real Estate Bucks the Trend…..

While most other areas and neighborhoods are seeing inventory of unsold homes rise as the market cools, the Hollywood Riviera has bucked that trend.  This fantastic coastal community has now seen three straight months with the number of active homes for sale decreasing.  September 2018 was the recent high water mark with 25 active listings.  Whether it’s just a slowdown due to the holiday season or a larger trend with tightening inventory remains to be seen.  As of this post (12/21) there are only 10 homes currently for sale in the community.

See the current homes for sale in the Hollywood Riviera.

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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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