Redondo Beach Real Estate – October at a Glance

Welcome to the real estate recap for real estate in Redondo Beach CA  during the month of October 2021.   There were 96  MLS property sales closing during the month which was a pretty huge number of sold homes during the month.  The median “sold” price was $1,356,000 and the average days on market (DOM) was a brief 18 before going into escrow and the average price per foot was $848. See how this compares with other months on our Redondo Beach real estate statistics and trends page.

Search the current homes for sale in Redondo Beach

Only 3 Homes for Sale in All of the Hollywood Riviera?

Housing inventory in the hollywood riviera the lowest in 10 years

It’s pretty hard to believe but as of 11/16/21 there are only 3 homes for sale in all of the Hollywood Riviera.  We actually can’t remember a time with fewer home sales and searched 10 years back.   This is certainly not great news for buyers as this just puts that much more demand on anything that hits the market.  It’s certainly good news for home sellers and may be the perfect time for owners to consider selling their home in the area.

Compare the 3 current listings with 18 active MLS listings in Nomember 2020 and the high water mark of 37 in October 2019 and it is pretty stark just how low the inventory is.

Current Hollywood Riviera homes for sale

Redondo Beach Real Estate Recap – September At a Glance

While the Hollywood Riviera is technically in the city of Torrance, it has a South Redondo Beach mailing address so it’s good to keep up with both markets.  It was a great month for home sales and property prices in Redondo Beach.  It was slower than the previous year with only 79 home sales compared with a pretty incredible 110 in September 2020.  The median sales price was $1,375,000 compared with $1,149,000 a year earlier.  Homes averaged only 14 days on market before going into escrow.  See how this compares with other months on our Redondo Beach real estate trends page.

Redondo Beach modern townhomes

Our Latest Luxury Listing in Redondo – 2207 Harriman Lane

2207 Harriman Lane Redondo Beach – Just SoldRedondo Beach modern townhomes

Although it’s not in the Hollywood Riviera, this North Redondo Beach townhome is most definintely worth mentioning.   Just listed this week, 2207 Harriman Lane #A will be listed at $1,575,000 and expected to get quite a bit of interest.  This is a one of a kind luxury detached townhome with almost too many upgrades to count.

Every so often a home comes along that is unlike anything on the market.

2207 Harriman is that home.  It merges beautiful modern design with over $100,000 of owner upgrades and enhancements that truly set it apart.

From the sleek architecture and beautiful landscaping, to the contemporary interior with stunning details and finishes, the home has a unique ‘wow’ factor.  Throughout the entire property the integrated window coverings, dimmable lighting, monitored security, and heating and air-conditioning are all automated and effortlessly controlled by voice.  With ducted vacuuming and stunning wide-plank oak flooring on all levels, it truly is better than a new build.

Contact listing agent Keith Kyle with Vista Sotheby’s International for a private showing or more information

Enter through the beautiful wood and glass front door to the impressive entry featuring dramatic lighting, soaring ceilings and gorgeous light.

The first level features two very spacious bedrooms both with 10′ ceilings, custom cabinetry, recessed lights and sliders to the private side yard area offering the perfect retreat for guests.  The sleek guest bath looks and feels like you’ve stepped into a luxury hotel with gleaming cabinetry, frameless glass and a near-7ft vanity.

 

Additional features on the first level include laundry room with a sink and custom storage, a mudroom/linen closet, under staircase storage, and a car enthusiasts dream garage.  The double-height 3-car garage is unlike anything you’ve seen, with 3 side-by-side spaces and a Bendpak 2-car hydraulic lift so it can house 5 cars, or 3 cars with an elevated above-car storage space.  If desired, the lift can be removed by the seller.

Head upstairs to the impressive living spaces with an incredible open floorplan for luxury living.  Inspired design perfectly melds timeless and modern.  Soaring ceilings, sophisticated window design, integrated sound, and a stunning floor to ceiling fireplace create a spectacular living environment perfect for relaxing or entertaining.  The adjacent dining area features artistic floating cabinets, complemented by matching wide-plank oak floors.

The dazzling kitchen is an entertainer’s dream.  Minimalist design blends the 13ft quartz countertop with Viking Professional appliances and sleek glass cabinetry that houses appliances so they are hidden from view.  This streamlined aesthetic currently houses an espresso machine, toaster and kettle, all concealed when not in use.

The main level primary suite is breathtaking, with high ceilings, an abundance of windows, voice-controlled shades and lighting, floor to ceiling gas fireplace, and elegant built-ins to make it a sophisticated retreat.  It’s completed with an adjacent walk-in closet with feature hardwood wall, a private bathroom featuring a frameless shower, luxurious soaking tub, sleek dual vanity with quartz counter top, and a water closet.

Also included on the second level is a beautiful powder room and a spacious outdoor deck off of the living room that perfectly integrates indoor and outdoor areas.  Sit back and relax in the perfect weather on this private lanai.

The large mezzanine level is ideal for just about any use from 4th bedroom to home office to gym to game room and more.  This fantastic space features a private bathroom with frameless glass, spacious closet with built-in cabinets, and its own part-covered outdoor deck with fantastic city, mountain, PV and Sofi views.  Perfect for guests or as your own private getaway.

See a full list of the owner upgrades

Listing courtesy of Keith Kyle of Vista Sotheby’s International Realty

Oceanfront homes on Paseo De La Playa in the Hollywood Riviera

Oceanfront Home at 505 Paseo De La Playa Sells at $5,175,000

505 Paseo De La Playa in the Hollywood Riviera

After a hiatus off of the market since August of 2020 the beachfront home at 505 Paseo De La Playa is back on the market.  It had been on the market during the summer of 2020 listed at $5,500,000 at the time.

With a home like this you’re definitely paying for location as it’s a fairly original home but the location just can’t be beat.  The last sale of something fairly similar was 529 Paseo De La Playa which was a 4 bed, 3 bath single family home with a bit under 3200 feet that sold at $5,650,000.

505 Paseo De La Playa offers the same specs with 4 bedrooms, 3 baths, and the same 3,179 square feet.  The lot on 505 is a bit larger and extends all the way to the beach, but the home at 529 had done significant work to the bluff at a pretty marjor  cost.

Contact us for more information on this oceanfront home

As rare as these oceanfront home sales are, this is definitely not the only oceanfront home. Check out all of the oceanfront homes currently for sale on Paseo De La Playa in theH Hollywood Riviera.

505 Paseo De La Playa – Sold at $5,175,000


Listing courtesy of Dan Mullin – RE/MAX Estate Properties

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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

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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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