October Market Update – Hollywood Riviera Home Sales

In most months the highest priced home sale or sales are in the Hollywood Riviera neighborhood.  While the area has a Redondo Beach mailing address it’s actually located in the city of Torrance.

View all of the homes that sold in Torrance in October

There were 8 on market property sales and the homes that sold had a median “asking” price of $1,447,000 with a median “sold” price of $1,500,000 indicating a very favorable market for sellers. The average price per foot was $729 and the homes averaged 24 days on the market.

View the current homes for sale in the Hollywood Riviera

October Home Sales and Sold Prices in the Hollywood Riviera

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
TWNHS/A 448 Palos Verdes Blvd $985,000 $619.11 3/1,1,1,0 1591/A 1978/ASR 10/7/2020
CONDO/A 213 Calle Mayor $1,050,000 $574.71 3/1,1,1,0 1827/A 1978/ASR 10/7/2020
SFR/D 329 Avenida Atezada $1,500,000 $1,053.37 3/2,0,1,0 1424/T 1952/ASR 10/1/2020
SFR/D 136 Via Los Miradores $1,889,000 $623.02 4/3,0,0,0 3032/A 1998/ASR 10/27/2020
SFR/D 503 Camino De Encanto $2,285,000 $1,099.09 4/1,2,0,0 2079/A 1955/ASR 10/5/2020
SFR/D 121 Via Alameda $2,750,000 $690.61 6/7,0,0,0 3982/A 2008/ASR 10/23/2020
SFR/D 24660 Via Valmonte $1,500,000 $435.41 5/2,1,1,0 3445/A 1971/ASR 10/23/2020

September Top Sale of the Month in Torrance Was in Southwood

The highest priced closed home sale in Torrance during the month of September was located at 5531 Laurette which closed escrow at $1,885,000.  It was located in the neighborhood of Southwood which is the area between West Torrance and South Torrance. Usually the highest priced sales are either in South Torrance or the ocean view homes in the  Hollywood Riviera so this was a bit unusual. The home was a nicely remodeled 5 bedroom 5 bath single family home with a little over 4,000 square feet. What made it more special was the massive (for South Bay standards) 16,000+ foot lot that backed up to Wilderness Park. Much of that was hillside but it was still massive compared with the usual 5,000 foot +/- lots in Torrance.  View all of the homes that sold in Torrance during September 2020

View the current homes for sale in Southwood neighborhood of Torrance
View all of the properties on the market in Torrance

5531 Laurette, Torrance CA

Listing courtesy of Sandra Keller – Ashby & Graff

The Highest Priced Sale in Torrance for August – 5404 Reese Road

Setting the high water market for the month was the home in South Torrance at 5404 Reese Road. This is the Seaside Ranchos neighborhood also known as the Christmas Lights are.  This was a beautiful home on a large lot allowing for just about everything….great square footage with 5 bedrooms while still allowing for both a sizable yard and swimming pool.  See the other Torrance CA homes that sold in August.

View all of the homes in the Seaside Ranchos area of South Torrance.

5404 Reese Road, Torrance – Sold at $2,350,000

Listinng Courtesy of Pam Jensen – RE/MAX Estate Properties

Luxury Location in the Hollywood Riviera

Torrance is one of the more diverse cities in the South Bay when it comes to housing options. Some of the least expensive homes can be found in Torrance as well as some of the most expensive. The highest prices are almost always found along the beachfront street known as Paseo De La Playa. 425 Paseo De La Playa has a Redondo mailing address but is actually serviced by the city of Torrance. 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.

425 Paseo De La Playa is 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

Home of The Week – 425 Paseo De La Playa

One of our absolute favorite locations in all of the South Bay is Paseo De La Playa along the bluffs of the Hollywood Riviera. There are a very limited number of homes here and it’s truly a showcase location.

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).   The home at 425 is on a 28,000+ foot lot!  Pretty unheard of in the South Bay and certainly unheard of for a beachfront home.

  • Price:  $10,000,000
  • 3 bedroom
  • 3.5 bath
  • 2,640 square feet

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

Listing provided by Strand Hill Christies International Real Estate

1108 Harper Redondo Beach – Just Listed in the Golden Hills of North Redondo

Extra high living room windows with western exposure bathes the large living room in natural light. The main level features solid hickory,

distressed hardwood floors, gas fireplace, recessed lights, & gourmet kitchen with granite counters, stainless appliances, 6 burner stove, & ample cabinet and counter space. The open floorplan and high ceilings adds to the sense of space and light. The spacious master suite offers a corner fireplace, private balcony, large windows, walk in closets and the luxurious bath features a spa tub, separate shower, dual sinks & more. First floor offers 2 large bedrooms and direct access to the private and tranquil backyard patio. What make the home truly unique is the very large 3rd floor mezzanine perfect for a playroom, office, den & more. Off of the mezzanine sits a private roof deck perfect for evening sunsets with panoramic city views. At almost 2200 feet this home offers far more space than your traditional Golden Hills home and is awaiting it’s new owner to make it their own.  Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information or a private tour.

This is not your typical Golden Hills home. Offering a unique and open layout with soaring ceilings, 3rd floor mezzanine/office overlooking the living room & private roof deck with panoramic city and mountain views, this beautiful home has features rarely seen in Redondo. Located in the highly sought after Jefferson elementary district and just steps from Hermosa Beach, 1108 Harper offers an open layout with all of the bells and whistles of newer construction.

  • Priced at $1,399,000
  • 2,160 Square Feet
  • Built in 2010
  • 3 Bed + Office, 3 Bath
  • Rooftop deck, master bedroom balcony, private backyard patio