Beachfront homes in the Hollywood Riviera don’t come along all that often. If you’re looking for something out of the ordinary, 505 Paseo De La Playa might be the home and location for you. 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. Offering really large (by South Bay standards) lots that extend all the way from Paseo De La Playa to the sands of Torrance Beach they are very unlike the beachfront homes of the Manhattan Beach Strand and Hermosa Strand, 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”.
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.
The Hollywood Riviera in Torrance had a fairly typical month for October 2019. There were 9 home sales during the month and all were single family homes. The median list price for the closed sales was $1,200,000 with the median sales price of $1,177,500 indicating that it is still a solid seller’s market. That does seem to be shifting somewhat with the playing field leveling just a bit. The least expensive home sale during October was $820,000 for a 3 bedroom, 2 1/2 bath single family home at 4414 Highgrove and the most expenseive sale of the month was a Louis Tomaro designed home at 340 Via Colusa. This home was of particular interest to us as we were the listing agents when the sellers purchased the home.
Home with “flags” marking outline of proposed addition
A few of the many benefits of living near the beach are the wonderful ocean views and ocean breezes that make life here so unique. These ocean views have immeasurable value from both a quality of life aspect as well as a significant monetary impact. In many of the South Bay cities these views are unprotected and it’s not rare for a home’s stunning ocean views to disappear when the one story home next door gets torn down and new and much larger home replaces it.
Certain areas of Torrance are the exception. Primarily found in the Hollywood Riviera and Seaside Ranchos neighborhoods the city has incorporated much stricter building guidelines known as the “Hillside Overlay” area. (see map below)
In 1977, the Hillside Overlay Area was established in Torrance, CA in order to address issues concerning building, remodeling, and protecting views and privacy. All new construction (meaning both new homes and expansions on current structures) are subject to review and input by neighbors including “flagging” where a mock up of the future structure are marked with plastic flags to approximate the outlines of any proposed addition to the structure prior to permit approval so that neighborhood input may be obtained.
The basics of the hillside overlay are as follows: Upon receipt of the complete application, the Community Development Director shall set a date, time and place for a public hearing thereon as soon as practicable and shall send notice thereof to the owners of land included within a three hundred (300) foot radius of the exterior boundaries of the land for which the permit is sought
No construction and no remodeling or enlargement of a building or structure shall be permitted unless the Planning Commission (or the City Council on appeal) shall find that the location and size of the building or structure, or the location and size of the remodeled or enlarged portions of the building or structure, have been planned and designed in such a manner as to comply with the following provisions:
a) The proposed development will not have an adverse impact upon the view, light, air and privacy of other properties in the vicinity;
b) The development has been located, planned and designed so as to cause the least intrusion on the views, light, air and privacy of other properties in the vicinity;
c) The design provides an orderly and attractive development in harmony with other properties in the vicinity;
d) The design will not have a harmful impact upon the land values and investment of other properties in the vicinity;
e) Granting such application would not be materially detrimental to the public welfare and to other properties in the vicinity;
f) The proposed development will not cause or result in an adverse cumulative impact on other properties in the vicinity.
If Torrance CA isn’t the only neighborhood you might be interested in, click on any city, neighborhood or photo below to see a real estate website designed specifically to provide valuable information on that area. See the current homes for sale, recent home sales, market statistics, area maps, photos and more. We hope that our information can help you with your home search. If you want other information or would like our assistance with your search please don’t hesitate to contact Keith Kyle for all of your real estate needs.
Community ammenities included multiple pools and spas, market/restaurant, fitness center, bbq areas and decks
Low HOA of $265 a month
Welcome home to this luxury retreat and live the vacation lifestyle! This beautifully remodeled condo is the ideal beach retreat and the
community offers multiple pools and spas, oceanview deck, bbq area and access to the neighboring resort style pool, state of the art fitness center and market/restaurant. Perfect for those looking to buy instead of rent, those looking for a second home just seconds from the beach, and those that travel often and are looking for the perfect place to come home after a trip and sit back and relax…..610 The Village #202 is an ideal fit. Located just east of King Harbor and the Redondo Pier, this beautiful and rare ocean view studio is central to everything in the South Bay. The home was recently upgrated with granite counters, new stainless appliances, recessed lights, crown molding, new sliders to the patio, new carpet and new paint. Bathed in natural light the home feels much larger than the typical studio and much larger than the square footage would indicate. Enjoy beach breezes and ocean views from the home or the private balcony or head out for a stroll on the pier or along the beach.
Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information or to set up a private showing.
La Playa might be the home and location for you. 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. Offering really large (by South Bay standards) lots that extend all the way from Paseo De La Playa to the sands of Torrance Beach they are very unlike the beachfront homes of the Manhattan Beach Strand and Hermosa Strand, 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”.
