Redondo Beach Hollywood Riviera

Hollywood Riviera Home Prices in September – 9 Homes that Sold

Despite the Redondo Beach mailing address, the homes of the Hollywood Riviera are actually in the city of Torrance.  Let’s take a look at the home prices and home sales in the Hollywood Riviera during the month of September 2022.

September was pretty standard with 9 closed home, townhome and condo sales compared with only 6 in August

The average “list” price was $1,775,000 with the average sold price at $1,761,318 meaning that, in general, homes sold slightly below full price.

The average price per foot was $892 and average days on market was 36 days before going into pending status.

See how this compares to other months on our Hollywood Riviera real estate trends and statistics page.

Hollywood Riviera Home Sales and Prices in September 2022

Type Address Price $ Per Foot Bed/Bath Sq Feet Year
CONDO/A 163 Paseo De La Concha #6 $880,000 $789 2/2,0,0,0 1115/A 1960/ASR
SFR/D 433 Via La Soledad $2,550,000 $893 5/4,0,0,0 2856/A 1954/ASR
SFR/D 3900 Paseo De Las Tortugas $1,450,000 $564 3/3,0,0,0 2572/A 1973/ASR
SFR/D 4132 Mesa ST $1,550,000 $625 3/2,0,1,0 2479/A 1975/ASR
SFR/D 5321 Highgrove ST $1,851,210 $1,064 3/2,0,0,0 1740/A 1954/ASR
SFR/D 154 Via Los Altos $1,950,000 $1,071 3/2,0,0,0 1820/E 1955/PUB
Paseo De La Playa in the Hollywood Riviera offers oceanfront homes with dazzling views

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.

South Bay View from Paseo De La Playa

425 Paseo De La Playa is one of those rare legacy type homes.  Perched on the bluffs above Torrance Beach in the Hollywood Riviera, 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

Redondo Beach Hollywood Riviera

Suddenly the Whole Street is On Sale – Camino De Encanto in the Hollywood Riviera

By Keith Kyle

It’s not often that we see homes come on the market in the lower Hollywood Riviera neighborhood that’s west of Palos Verdes Blvd.  Occassionally we see a home or two and more often than not, there is nothing on the market in this area.

That certainly couldn’t be further from the case at the moment as there are 4 homes for sale on Camino De Encanto in the Hollywood Riviera.

There are current 4 homes on the market and all are within a 1/2 block.  This is pretty unheard of an probably not ideal for any of the homes as when buyers have options….they want to negotiate.

 

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