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!
  • Neighborhood: Riviera
  • Days on Movoto: 65
  • Year Built: 2009
  • HOA:
  • $/Sqft: $685
  • Lot: 42,467 Sqft
  • Property Type: Single Family
  • MLS#: SB16162050
  • MLS:
  • Listing Office: RE/MAX Commercial & Inv Realty
  • Listing Broker: Stephen Lampe
  • Movoto last checked: 4 hours ago
  • Last updated: 2 months ago

Home Features for 129 Palos Verdes Blvd, Redondo Beach

Overview
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Real Estate Market Statistics of 129 Palos Verdes Boulevard , Redondo Beach

Redondo Beach, California

Total Inventory For Sale

144 Homes

+2% m/m -35% y/y

Median List Price

$1.199M

-2% m/m +29% y/y

Median Days On Market

44 Days

+18% m/m +7% y/y

Median House Size

2,167 Sqft

-4% m/m +20% y/y

Median Price Per Square Foot

$558 /Sqft

+2% m/m +8% y/y

Median Price

129 Palos Verdes Blvd in ZIP code 90277 is a single family home currently listed for $27,000,000. This is 1830% above the median of $1,399,000 for 90277 and 2152% above the median price of $1,199,000 for the city of Redondo Beach, CA. As of today, , there are 70 properties listed for sale in the 90277 area and 144 properties listed for sale in Redondo Beach. Of those 144 properties for sale, 68 are single family homes and 76 are condos. 129 Palos Verdes Blvd is approximately 39,438 Sqft, 1720% above the Redondo Beach median of 2,167 and 1637% above the 90277 ZIP code median of 2,270. The price per Sqft is $685, which is 5% above the median price in 90277 of $653 and 23% above the Redondo Beach median of $558 per Sqft.

New Listings in Redondo Beach

Built in 2009, this single family house at 129 Palos Verdes Blvd is approximately 39,438 square feet and comes with 179 parking spots. It is listed on 07/25/2016 for $27,000,000 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 has been on the market for 65 days. The median days on the market for properties in this area is 44 with a median list price of $1,199,000 and median cost per square foot of $558. It's currently listed as active under the MLS #SB16162050.

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