425 Paseo De La Paya - List Price $12,000,000 - Sales Price $6,900,000
The big news in the Hollywood Riviera is the sale of the oceanfront estate located at 425 Paseo De La Playa.
It was a very interesting home as the location was unbelievable and it was a true “estate” style property from the gated entrance, long driveway, outbuildings and more. It was also a bit of a project home.
The home was originally listed in 2019 for $10,000,000, pulled off of the market and brought back out in 2020 for an increased price (?) of $12,000,000. The lot is unbelivable and extended all the way down to the sand. Unlike beachfront homes on the Strand in Manhattan Beach and Hermosa, the homes along Paseo De La Playa offer a great sense of privacy and as there’s no close access to the beach, other than from the homes, it’s almost a private beach below.
- 3 bedrooms
- 4 bathrooms
- 2,776 square feet (BTV)
- 28,163 foot oceanfront lot
- Beatifully remodeled
- Originally listed at $12,000,000 in 2020
- Sold at $6,900,000 on 11/11/21
425 Paseo De La Playa, Redondo Beach – Sold for $6,900,000
Listing courtesy of John Tran & Martin Le – NextGen Team Realty 657-208-3070