This is a terrific new look for any kitchen – mix up the brass & stainless!! Looks so good when done properly!
There are so few homes for sale in the Hollywood Riviera neighborhood right now. Real Estate in the Hollywood Riviera can be tough to attain lately. Prices have gone up quite a bit due to the lack of inventory over the last few years.
Well….we have quite a nice opportunity hitting the market this week. It’s a fixer upper with a great Queen’s Necklace (ocean, harbor and city lights views) which you can currently see from the kitchen, den, one bathroom and one bedroom. With some creative planning and a few walls opened up….that view could be seen from the living and dining areas as well.
The current house is 1553 sq ft on a 6746 sq ft lot (as per assessor records.) There are 3 bedrooms plus a spacious den, 2 bathrooms, a living room with a cozy fireplace and and covered & enclosed rear patio. There is also a detached 2-car garage with alley access which offers some extra parking so you don’t have to park on the front street.
This home is located just a few blocks from Torrance Beach and the Riviera Village.
List price will be $1,099,000 and it will be open both Saturday and Sunday, February 24th & 25th from 1-4pm this upcoming weekend. Come check out real estate in the Hollywood Riviera this weekend!!
Multi-million dollar homes selling in the Hollywood Riviera section of Redondo Beach and South Torrance / South Bay Real Estate
2017 was another good year for homeowners equity books here in the Hollywood Riviera. Average sold prices of single family homes here in the Hollywood Riviera went up over 13% year over year. Add that to sizable increases from 2013 and every year since then and you have total increase from 2013 to end of 2017 coming in at 26%.
And those numbers were run by removing the outliers – outliers being the sold prices over $3 million dollars! Homes in the $2 million dollar range are becoming more and more commonplace here in the Riviera neighborhood. In 2017, there were 10 single family homes selling over $2 million dollars. One home sold for $5,920,000 in 2017.
2016 had 8 homes selling over the $2 million dollar range with the highest one selling for $5,300,000. 2015 had 8 homes selling over $2 million dollars with the two most expensive selling over $4 million dollars.
As you can see, the market here is taking off with more and more original 1950’s homes being either torn down or completely gutted with gorgeous renovations being what is capturing the $2 million dollar+ market.
The original homes are fetching over $1 million dollars with some even going into the $1,600,000+ range depending on location and views.
We go into 2018 with very limited inventory – only 6 properties are currently actively for sale today – January 8, 2018. One of the 6 is listed for $25 million dollars! That gets you two for one deal – yes, two homes for one price!! They are gorgeous and right on the bluff above Torrance Beach. One of a kind property…that’s for sure!
I predict prices will not stop here in 2018. More and more people will be looking to get into our Hollywood Riviera neighborhood and still see it as a bargain compared to other beach city neighborhoods such as Manhattan and Hermosa Beaches, for instance.
Check out our new Hollywood Riviera home for lease – great deal for this spacious and inviting home with 4 bedrooms/ 2.5 bathrooms with city/mountain/peek-a-boo ocean views for only $4,100 per month! 321 Calle Mayor, Redondo Beach, CA 90277. It’s available now for rent – give us a call to set up a private showing!
And we also have – 500 Avenue F in Redondo Beach’s Avenues for lease. Another spacious home full of Hollywood Charm and Style. 3 bedrooms/office/3.5 bathrooms in approximately 3,000 sq feet. 500 Avenue F, Redondo Beach, CA 90277. It’s also available now for lease….give us a call to set up a private showing. Kelly (310) 613-2465