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Hollywood Riviera Real Estate Update – July 28, 2008

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 What’s happening in the Hollywood Riviera Real Estate market on July 28, 2008?

There are currently 37 homes for sale in the area.  15 of those are on the Torrance 90505 side and the other 22 have the Redondo Beach P.O. Box address – all the homes in the Riviera are technically part of South Torrance. 

The 15 Torrance side homes have an average list price of $941K; have an average of 69 Days on Market and the average house size is just over 2000 sq ft.  The lowest price house is on the PCH service street and is listed for $649,000, 3 bed/2 bath and over 1600 sq ft.  The most expensive listing on the Torrance side is $1,648,000 – a gorgeous brand new home with wonderful finishes, a beautiful front patio and outdoor fireplace out back. 

The RB side has an average list price of $1,445K; have an average Days on Market of also 69 days and the average house size is just over 2400 sq ft.   The lowest priced RB house is $829,000 and is close to original condition, 4 bed/2 bath and just over 1600 sq ft.  It’s on a cute street, Calle de Madrid.  The most expensive listing right now is $2,499,000 and is gorgeous new construction with over 4300 sq ft, a view, a basement and many wonderful amenitites on Via Alameda.

Welcome to the Hollywood Riviera – there are lots to choose from – take your pick!