Let’s take a Look at the Hollywood Riviera Real Estate Market

Let’s take a quick look at the trends and statistics in the Hollywood Riviera over 2020. The chart below shows and up and down year for the number of homes for sale but the past few months have definitely seen a quick drop in the number of pending home sales.

The chart below shows the average price per foot for the past 15 months. Price per foot has held relatively steady with a few months of variation due to oceanfront homes selling

417 Paseo De La Playa Redondo Beach

Oceanfront Home that Was the Previous Sales Price Record On the Market Once Again

We wrote about the record breaking home sale at 417 Paseo De La Playa back in 2018 when it sold for $22,650,000. This was a record price for the South Bay and Beach cities at the time and it was due, in large part, to the location and the fact that it was actually two oceanfront homes on a massive beachfront lot.

View all of the homes for sale in the Hollywood Riviera

Well it’s now back on the market at a fairly staggering $26,995,000. For anyone that frequents our website they’ll know that Paseo De La Playa is our favorite street in the Beach Cities as it offers stunning ocean and coastline views while having a level of privacy that the beachfront homes of The Strand in Hermosa and Manhattan Beach most definitely don’t enjoy.

417 Paseo De La Playa, Redondo Beach CA – $26,995,000

Oceanfront homes in the Hollywood Riviera

Hard To Believe But 2 Oceanfront Estate Type Properties on the Market on Paseo De La Playa

two oceanfront homes for Sale on Paseo De La Playa in the South Bay

Although both have been on the market in recent years it’s rare to see two such unique beachfront “legacy” type properties on the market at the same time.  As of 12/18 there are 2 homes for sale on the oceanfront street of Paseo De La Playa in the Hollywood Riviera.  These are two of the highest priced properties ever (the record was set by one of the neighboring homes) and both are “legacy” type properties with incredible potential and very large lots that extend down to the beach below.  Take a look below or view past Hollywood Riviera blog posts about 425 Paseo De La Playa and 433 Paseo De La Playa

 

Oceantfront Homes for Sale on Paseo De La Playa in the Hollywood Riviera

Hollyywood Riviera cottages

Featured Listing – Coastal Charm at 977 Calle Miramar in the Hollywood Riviera

977 Calle Miramar - $1,375,000

Welcome to this ultra charming single level home in the beautiful Hollywood Riviera. Meticulously maintained with a bright and open
floorplan the home offers all of it’s original charm while offering upgrades throughout. Located in the heart of the Riviera on a beautiful tree lined street, 977 Calle Miramar offers peek a boo ocean and queens necklace views. The curb appeal is fantastic with grassy front yard hedged in with roses and charming ocean view front porch harkening back to simpler times. Head inside to the bright living room featuring oversized windows for incredible light, breezes and ocean views down the street.

The living room is something straight out of Coastal Living magazine with hardwood floors, beach tones, beautiful built ins all centered around the cozy fireplace. Spacious dining area just beyone leads to the charming kitchen with built in desk ideal for a homework or home office space. 3 spacious bedroom each have their own unique look and feel. Front bedrom offers bay windows and hardwood floors….middle bedroom with direct access to the yard and incredible stone fireplace, rear bedroom offers a roomy layout and overlooks the backyard.

Hollyywood Riviera cottages
The recent addition of central A/C makes all the difference on hot summer days. Head through the sliders or laundry room to the incredible grassy fenced in backyard with plenty of room for everything out in the sunshine. Rear patio is the perfect entertaining spot. 2 car garage and massive driveway allows for plenty of parking. All of this in the award winning Torrance School District and very close to the shopping and dining area of Riviera Village.

977 Calle Miramar Redondo Beach CA 90277- Sold at $1,350,000

Redondo Beach Hollywood Riviera

Homes of Note – 156 Camino De Las Colinas Redondo Beach

156 Camino De las colinas - Hollywood Riviera Historic Home

Recently listed at $2,599,000 the home at 156 Camino De Las Colinas is definitely not your typical beach house. The home harkens back to the days when the “Hollywood Riviera” got it’s name. It definitely has that old world glamour. Originally built in 1926, this historical home has been metiulously updated and restored to bring it back to it’s original form. The home offers 4 bedrooms, 2.5 baths and intricate detailing throughout. The home also offers some great ocean views and as the listing agent points out it even has some “prohibition era secret rooms”.

156 Camino De Las Colinas - $2,599,000

 

Listing courtesty of Angelia Block of Real Estate West, Inc.

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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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