Paseo De La Playa in the Hollywood Riviera offers oceanfront homes with dazzling views

Paseo De La Playa….The Best Street in the Hollywood Riviera

By Keith KyleHollywood Riviera Homes

The Hollywood Riviera is one of my favorite areas of the South Bay.  Great views, small town community feel, ocean breezes, and homes that generally fit on the lots make for a feel that you don’t often get in the overcrowded South Bay.  It’s hard to go wrong with any location in this coastal community that lies in both Redondo Beach and Torrance but there’s one street that beats them all. Paseo De La Playa offers bluff top, oceanfront living for the lucky few and enjoys the best of all imaginable views.  The homes enjoy views of Palos Verdes, panoramic ocean views, and coastline views from Redondo Beach all the way to Malibu.  What that makes for is ever changing, always impressive views.  During the day it’s all about the ocean and coastline, but in the evening when colors change, it becomes a fantastic city lights view along the coast.

The lots, as seen below, are huge and usually in the 20,000+ range although mayOceanfront homes on Paseo De La Playa in the Hollywood Riviera of Redondo Beach. are on leased land often with an option to buyout the lease every few years. Depending on how high on the hill you are (lower elevation homes on towards the left above) there is sometimes direct beach access from the homes which dramatically increases the appeal as “RAT” beach (Right after Torrance) is just below and almost serves as a private beach as access is limited to a fairly long walk from the parking lot.

Homes on this street rarely become available and many are still in fairly original condition with original owners from the 1960s (honestly why would anyone want to move) and range anywhere from the low $3,000,000s- to well into the $4.0M’s for anything remodeled, especially with beach access.

Adding beach access, if not already there, is a huge struggle as it’s tightly regulated by the California Coastal Commission.  The only minor inconvenience to living on Paseo De La Playa is that it’s a moderately busy street and a frequent route for both cars and bicyclists going between Redondo and Palos Verdes.  There is one condo complex at the top of the street called Cote D’Azure with 87 units perched high on the bluff surrounding extensive grounds and pools.  The units are 2 bedrooms generally ranging between 1300-1550 square feet.  Many units do not sit oceanfront and have limited views, while the rare few offer similar views to the SFRs just down the street.

Overall the homes on Paseo De La Playa offer some of the best features imaginable for those looking into the epitome of California coastal luxury living.

For information on current homes contact us or fill in the form below and tell us you’re interested in this wonderful street.

Oceanfront Paseo De La Playa Homes for Sale

Real Estate Micro Market Update – Southwood Torrance

By Keith KyleSouthwood Torrance Homes

The neighborhood of Southwood in Torrance CA is a fantastic area with tree lined streets with primarily single family homes and a great community feel. Prices in this neighborhood, located just east of Redondo Beach, have seen steady increases since the beginning of 2013 and doesn’t show any signs of slowing down. Here’s a quick recap of the current real estate market conditions in this Torrance neighborhood.

  • In escrow – 8

 

  • Total homes sold in 2014 YTD – 20
  • Average sales price – $627,688
  • Average price per square foot – $474.73

21213 Anza Ave – Southwood Torrance Home for Sale

Currently the highest priced home in the great neighborhood of Southwood is located at 21213 Anza Ave.  The home is described as:

This is a beautiful 2003-2004 remodeled home with over 3500 square feet of living space. The lot consists of 6741 sq ft professionally landscaped with lush fruit trees, yard art and koi pond. The formal living room has 18 foot ceilings with a magnificent wood staircase that ascends to family sitting room. Off the sitting room there are three bedrooms each having its own private bath. The kitchen and great room are the center of this beautiful home with commercial appliances and granite flooring. On the main floor there is one bedroom with private bath.

The home is quite large for the area and has some interesting features but reaching a number of almost $1.2M on the busy street of Anza (although it’s on a service road off of the main street) seems quite unlikely.  Few homes in the area sell for anywhere near this rarified price and all are located in prime locations.

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Senior 55+ condos in Torrance at Village Court

Stunning 55+ Condo for Sale in Torrance – 21345 Hawthorne Blvd

By Keith Kyle21345_Hawthorne_Blvd_#415_kitchen1 copy

The 55+ community of Village Court is possibly the best location in the nicest complex in the South Bay. This home is absolutely turnkey and features a spacious bedroom, kitchen with granite counters and large island, big views of the pool and spa area as well as wonderful western exposure offering sunset views and cool ocean breezes. Village Court is a 55+ complex built in 2005 offering all of the best amenities including a resort style pool and spa, large outdoor dining and relaxation area, gym, clubhouse with pool table, beautiful lobby and more.

Be Wary of Low Quality Home Flips

With the South Bay housing market in a frenzy and so many “flipped” homes for sale, buyers need to be very cautious rushing into the purchase of a home based on the beautiful cosmetic updates.  Flipped homes are often originally bank owned or distressed sales in very poor condition and it is usually purchased by investors looking to do the least amount of work to get the greatest return.  Updates are often primarily cosmetic and it is absolutely in the buyers best interest to have a home inspection.    The picture below was a recent home that I saw and in my eyes if they can’t even properly paint the outside this is a pretty good indication that this was done quickly and cheaply.  Buyer beware!

Flipped Homes
This doesn’t mean that many flips were not done very well but heed the warning signs.

Hollywood Riviera homes for sale - 340 Via Colusa

Welcome to Torrance Real Estate & Homes for Sale

By Keith KyleHomes for sale in the Hollywood Riviera

Welcome to Torrance real estate.  We have strived to offer the very best information and home search features on a local website designed specifically for Torrance home buyers and sellers.  As local Torrance and Redondo Beach real estate specialists we understand how unique Torrance is and how different and distinct the various areas can be.  From oceanfront homes in the Hollywood Riviera, to duplex and income properties in the County Strip area…..we can help.  Search for homes with our free Torrance MLS access or allow us to do the hard work for you with our FREE daily listing updates and know about new homes first.  Our website offers information on real estate markets and trends in each neighborhood, recent home sales and prices, current off market homes and MLS listings, short sales and foreclosures and information for home sellers to find out what their Torrance home is worth and how we have been so successful at marketing and selling homes in the area.  We hope that our website is a great place to start for all of your Torrance real estate needs.  Contact us as any time for questions or more information.

 

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