129 Palos Verdes Blvd
Redondo Beach, CA 90277

Bd   — Ba   39,438 Sqft
The Riviera Coast is a mixed-use property consisting of 23 condominium units over 7 retail condominiums completed in 2009 and is being offered at $27,000,000. This luxury development was designed with an attention to detail themed with a European Village architectural style, enhanced with modern amenities. All of the residential units face into a large private courtyard in the center that features a water fountain, lighting and landscaping throughout. The residential units are very large (between 1,064 and 2,400 gross square feet) and have been leased since completion. The retail condominiums are 100% leased to 4 tenants on triple net leases based on its present configuration of four retail/office suites. Truly a unique offering, as the condominium subdivision process was fully completed in 2009 allowing an investor the added option of selling off some or all of the units individually at a later date. Riviera Coast is one of only two mixed use developments located in the Riviera Village area of Redondo Beach. The property is located in the beach city of Redondo Beach just a few blocks from Redondo Beach with a walk score of 94!
  • Property Type: Single Family
  • MLS#: SB16162050
  • MLS:
  • Listing Office: RE/MAX Commercial & Inv Realty
  • Listed By: Stephen Lampe

Home Features for 129 Palos Verdes Boulevard , Redondo Beach

Year Built: 2009
Lot Size Acres: 0.97
Lot Size Square Feet: 42467
Lot Size Units: Square Feet
Lot Size Area: 42467
Price Per Square Foot: 684.62
Tax Lot: 1
Tax Tract Number: 61655
New Taxes Expense: 298188
Parcel Number: 7511013034
Special Listing Conditions: Standard
Standard Status: Active
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Property History for 129 Palos Verdes Boulevard, Redondo Beach

Status
Date
Price
Listed
Jul 25, 2016
$27,000,000
#SB16162050

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Real Estate Market Statistics for 129 Palos Verdes Boulevard, Redondo Beach

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129 Palos Verdes Boulevard

List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$27M

129 Palos Verdes Boulevard

$1.5M

Riviera

7% y/y

Riviera

$1.45M

90277

1% y/y

90277

$1.15M

Redondo Beach

-4% y/y

Redondo Beach

See all trends for Redondo Beach
Built in 2009, this single family house at 129 Palos Verdes Blvd, Redondo Beach CA, 90277 is approximately 39,438 square feet and comes with 179 parking spots. It was last listed with a cost per Sqft of $685. 129 Palos Verdes Blvd is located in the Riviera neighborhood in the Torrance Unified. The closest school is Riviera Elementary School.

129 Palos Verdes Blvd, Redondo Beach CA, 90277 was on the market for 362 days. The median days on the market for properties in this area is 33 with a median list price of $1,149,000 and median cost per square foot of $602. Its current status is removed under the MLS #SB16162050.

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