One of the more significant sales in the South Bay was the recent sale of an oceanfront home in the Hollywood Riviera that has been on and
off the market for years. 425 Paseo De La Playa was an “estate” style property from the gated entrance, long driveway, outbuildings and more. It was also a bit of a fixer as some of the projects and updates hadn’t been completed. The home was originally listed in 2019 for $10,000,000, pulled off of the market and brought back out in 2020 for an increased price (?) of $12,000,000. The lot is unbelivable and extended all the way down to the sand. Unlike beachfront homes on the Strand in Manhattan Beach and Hermosa, the homes along Paseo De La Playa offer a great sense of privacy and as there’s no close access to the beach, other than from the homes, it’s almost a private beach below.
View the MLS listing details below.
Home Info
- 3 bedrooms
- 4 bathrooms
- 2,776 square feet (BTV)
- 28,163 foot oceanfront lot
- Beautifully remodeled
- Originally listed at $12,000,000 in 2020
- Sold at $6,900,000 on November 11, 2021
425 Paseo De La Playa, Redondo Beach – Sold for $6,900,000
Listing courtesy of John Tran & Martin Le – NextGen Team Realty 657-208-3070
Beach is a vintage original beach bungalow built in 1938. It’s very likely that this one get’s torn down and replaced with a modern luxury home but we’re always suckers for these original and classic beach homes. The current property offers 3 bedrooms, 2 baths and 1984 square feet and is priced at $6,499,000.
is that inventory just keeps going down. July of 2020 saw 134 active homes for sale while July 2021 only offered 64 and that dropped even further in August. 
built…..some just have more charm and that certainly appeals to some buyers. 124 8th Street is definitely one of those homes. It’s not huge with only 3 bedrooms, 2 baths and 1,760 square feet, but the look and feel is straight out of Coastal Living Magazine and definitely transports you back to slower days. The home was built in 1909 and has clearly been well maintained and loved over the years. Everything about it exudes original beach charm and the location is just about perfect….steps to the beach and downtown Manhattan. It sits on a 2,700 foot lot on a great south Manhattan walkstreet. It’s price of $5,199,000 is likely going to be a challenge and this home will most likely be sold for the lot, but we sure hope someone that loves the look and feel of original Manhattan Beach keeps it just the way it is.
