Oceanfront “Fixer” Sells on Paseo De La Playa in the Hollywood Riviera

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

Although it took a while the oceanfront home in the Hollywood Riviera at 505 Paseo De La Playa closed escrow during May and ended up selling for $5,175,000.

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 significan expense.

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 the Hollywood Riviera.

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


Listing courtesy of Dan Mullin – RE/MAX Estate Properties

417 and 421 Paseo De La Playa – Oceanfront Compound in Redondo Beach at $22,995,000

If you’re looking for something beyond the ordinary and unlike anything else in the South Bay, the incredible legacy type property at 417 Paseo De La Playa is worth your attention.

417 & 421 Paseo De La Playa is an incredible home (actually 2 distinct homes) at a price rarely seen in the South Bay.  The previous sale of this property by Vista Sotheby’s International back in February of 2018 at $22,650,000 set a record at the time for a single family home in the South Bay.  Currently listed at $22,995,000 the home has already had  a substantial price reduction from the original $26,995,000 when it was originally brought to market in December.

As described by the listing agent this is truly a “compound” with multiple properties each fronting the ocean, huge outdoor areas, oceanfront pool and spa and more.  Consisting of two distinct homes, combined they offer approximately 15,728 square feet on a massive 62,757 square foot oceanfront lot that extends to the sand and offers direct beach access down a trail.   The main home features 5 bedrooms and 8 bathrooms, with the second “guest” house featuring 5 bedrooms and 7 baths.

Beyond the view, the outdoor amenities include an incredible pool and spa, fire area and even a private beach volleyball court.

Views are stunning and unlike the beachfront homes of the Strand in Manhattan Beach and Hermosa  Beach the coastline views of the evening and night are equal to the incredible daytime views.

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.

421 & 417 Paseo De La Playa – Priced at $22,995,000


Listing courtesy of Joshua Altman – Douglas Elliman

Stunning Views in This Oceanfront Condo in the Hollywood Riviera

639 Paseo De La Playa #306 - Ocean Views Abound

It’s not unusual to see a condo come up for sale in Cote D’Azur in the Hollywood Riviera but it’s definitely rare to see one with a view like this.  Despite the oceanfront location on Paseo De La Playa most of the condos have a glimpse of the ocean and some condos overlook the trees.

That is definitely not the case with this one.  639 Paseo De La Playa #306 offers incredible and unblockable ocean and coastline views.  From the moment you enter you feel like you are on top of the water.  The home offers 2 bedrooms, 2 bath, 1,578 square feet on one level and is listed at $2,395,000.

639 Paseo De La Playa #306 - 2 Bed - 2 Bath - 1,570 Sq Feet

Listed at $2,395,000

 


Listing courtesy of Robert Schumann – Real Estate West, Inc.

Incredible Oceanfront Home with Multiple Properties in the Hollywood Riviera

417 Paseo De La Playa - Hollywood Riviera - Listed at $26,995,000

If you’re looking for a legacy beachfront property that’s just about impossible to replicate……417 Paseo De La Playa may be the opportunity you’re looking for. The home sold in 2018 for a then record price of $22,650,000. Well it’s now back on the market at a fairly staggering $26,995,000. 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. The beachfront lot is almost 63,000 square feet which is simply a lot size we don’t hear about in the area….put that massive lot right on the beach and you definitely have a legacy property and a luxury beachfront home.

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

Oceanfront homes of Paseo De La Playa in Redondo Beach

Oceanfront Home at 505 Paseo De La Playa in Redondo Beach Back on the Market

Back on the Market - 505 Paseo De La Playa in the Hollywood Riviera

After being pulled of of the market for a short period of time, the oceanfront home at 505 Paseo De La Playa is back on the market and avilable priced at $5,500,000. As with many of the sales on Paseo De La Playa it’s an older home in fairly original condition but it’s tough to beat the location. It offers 4 bedrooms, 3 baths and almost 3,200 square feet on an expansive 26,985 square foot lot (BTV) that stretches all the way to the beach.

The price is likely going to be a bit of a reach for the seller  as the home just up the street at 529 Paseo De La Playa just closed escrow at $5,650,000 and the home was in similar condition but had a slightly bigger flat yard facing the ocean and also had extensive (and expensive) shoring done to the hillside which is always a challenge due to California Coastal Commission restrictions. The home at 505 Paseo De La Playa has apparently had some hillside challenges. Another upgrade on 529 was the addition of a trail down to the beach when the shoring was done which is a pretty significant value added as it’s so tough to get CCC approval.

Oceanfront homes of Paseo De La Playa

505 Paseo De La Playa

Listing courtesy of Dan Mullin – RE/MAX Estate Properties

Oceanfront Home in the Hollywood Riviera Sells Quickly

Oceanfront home at 529 Paseo De La Playa

The latest beachfront offering, located at 529 Paseo De La Playa never even made it to the market before selling. This was a fairly original home but was unique in a few ways including the extensive work done to the hillside allowing for a permitted walkway down to the beach. The home itself has lots of potential and a great flat backyard area with incredible views. The home just hit the market at $5,800,000 and offered 4 bedrooms, 3 baths and just under 3,200 square feet of living space on a huge (although typical for the homes on the west side of the street) 22,000 foot lot that extends down to the sand. This is one of our absolute favorite locations in the South Bay.

Oceanfront Estate for Sale at 425 Paseo De La Playa in Redondo’s Hollywood Riviera

425 Paseo De La Playa, Redondo Beach - Listed for $12,000,000

Welcome to the good life in the South Bay.  Welcome to beachfront living in this legacy type property.  Welcome to 425 Paseo De La Playa in the Hollywood Riviera.  While this home offers a Redondo address it’s actually in the city of Torrance CA.   The highest prices are almost always found along the beachfront street known as Paseo De La Playa.

While it’s hard to imagine a home can be a bit of a project at $12,000,000 the eventual buyer is likely to spend a healthy amount truly making this one of the more spectacular homes in the South Bay.  Given the condition of the home it seems a pretty aggressive price, but it’s certainly a rare and unique piece of property.

425 Paseo De La Playa could be one of those rare legacy type homes.  Perched on the bluffs above Torrance Beach, the home offers incredible and unblockable ocean views.  The 28,000+ sq foot lot is unheard of in the South Bay and as with all of the homes along the west side of Paseo, the lots extend all the way to the beach, but this home has an enormous amount of land in front of the home as well.  The gated entry and true estate feel make for endless possibilities.While this home is in need of some updating to truly make it a legacy home, the basics are all here.


Listing provided by John Tran and Martin Le of NextGen Team Realty

Oceanfront homes of Paseo De La Playa

505 Paseo De La Playa – Oceanfront Home for Sale in the Hollywood Riviera at $5,500,000

Paseo De La Playa homes in Redondo Beach

505 Paseo De La Playa Redondo Beach

If you’re looking for a beachfront opportunity that doesn’t come along all that often, 505 Paseo De La Playa might be the home and location for you.  Unlike the beachfront homes of the Manhattan Beach Strand and Hermosa Strand, Paseo De La Playa offers even better views and a bit of privacy.  They offer very large lots with the land extending all the way down to the beach.  It’s rare to see one of these incredible oceanfront homes hit the market and this is no exception.  Built in 1962 it’s an older home that feels pretty dated and will likely get/need quite a bit of work to become a luxury home,  but as they say in real estate, “location, location, location”.

Paseo De La Playa is a hilly street with the homes on the west side sitting on a beachfront bluff with incredible views of the ocean, PV and the coastline.  The home is listed at $5,500,000 this is a 4 bedroom (one bedroom downstairs and 3 upstairs), 3 bath home with just under 3,200 square feet.

505 Paseo De La Playa

507 Paseo De La Playa – Oceanfront Home for Lease in the Hollywood Riviera

New Oceanfront Lease listing at 507 Paseo de la playa

If you read any of our South Bay real estate blog posts you know that one of our favorite streets in all of the South Bay is the oceanfront street of Paseo De La Playa.  This homes are simply incredible with massive lots extending all the way to the sand, stunning ocean views and a great sense of privacy as the homes sit high on a hill.  The lease listing at 507 Paseo De La Playa offers all of that.  The home is a bit dated but the focus is squarely what lies just outside.  This home offers 3 bedrooms, 2 baths and approximately 2,600 square feet on two levels.

507 Paseo De La Playa in the Hollywood Riviera

New Oceanfront Home for Sale in the Hollywood Riviera

One of our favorite streets in all of Southern California is Paseo De La Playa on the bluffs of the Hollywood Riviera.  The homes along Paseo De La Playa not only sit oceanfront on the bluff, but unlike the homes of the Hermosa Beach Strand and Manhattan Beach Strand, they have incredible coastline views that are just as stunning at night as during the day.  This is an unbelievable location as the lots/homes are not only oceanfront but the lots are huge and extend all the way down to the beach.  As 425 Paseo De La Playa is one of the lower homes the slopes is a bit more mild and they’ve been able to build a path down to the beach (which is a VERY challenging step for homes without a path as it require California Coastal approval….which they don’t do).   Although the home has some nice features, it is really the lot and location one will be buying…but oh what a location.  Take a look below to see this unique opportunity.

Want an even easier way to search for oceanfront homes in the South Bay and Palos Verdes?  Tell us just a bit about your ideal home and we’ll customize a search just for you and send you email alerts whenever a new home hits the market.  Never miss a new listing in the Hollywood Riviera again.

Contact Redondo Beach realtor Keith Kyle with Vista Sotheby’s International for more information.

425 Paseo De La Playa

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