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

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

Explore Torrance Real Estate

Although most people don’t realize that there are actually oceanfront homes in Torrance…..there are!  There is a small section of the South Bay called the Hollywood Riviera and while it has a Redondo Beach mailing address it’s actually a part of Torrance.  The highlight is a street known as Paseo De La Playa which offers some amazing oceanfront homes with lots extending down to the beach.  For a more affordable way of living in Torrance here is helpful information on how to search for homes in the South Bay’s largest city.

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If you are looking for a home in Torrance or a neighboring city, we can help.  Our site strives to be the most helpful real estate website serving the wonderful city of Torrance CA and we offer a variety of ways to search for homes.  For the easiest way to search homes for sale in Torrance sign up for our free daily new listing alerts.

If you know the area you’re interested in you can click any community below for listings in just those neighborhoods.

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If you want to search by listing price click on any link below to view all of the homes in your price range.

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Oceanfront homes of Paseo De La Playa in Redondo Beach

Oceanfront Home In the Hollywood Riviera Breaks the South Bay Price Record

In 2018 the highest on market residential sale took place at 417 Paseo De La Playa.  We wrote several articles when it first hit the market as well as when it sold.  Although it was one address it was really two incrdible parcels of land with two stunning homes being sold as one.  With over 62,000 feet of oceanfront lot it was most definitely a legacy property and one that likely won’t be duplicated anytime soon.  While there are a few properties currently on the market in the $22,000,000 range, one at 1901 Manhattan Ave in Hermosa Beach and the other at 3001 The Strand in Hermosa Beach, there have only been 3 other homes that have sold in the rarified air of $20,000,000.

 

417 Paseo De La Playa was an incredible home with unblockable views not only of the ocean, but of both Palos Verdes and the coastline as well.   The homes offered over 10,000+ square feet of living space with just about all of it having stunning views.  Built in 2005 the homes offered resort style grounds with a massive pool and spa deck overlooking the Pacific.  The listing agent was Chris Adlam of Vista Sotheby’s International Realty.

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Vista Sotheby's International Realty is one of the leading real estate firms in the South Bay and Southern California representing buyers and sellers of fine beachfront homes

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