Hollywood Riviera Real Estate Resources

Whether you are considering buying a home in the Hollywood Riviera, Redondo or Torrance or own a home and are considering listing and selling it, we’ve tried to make it as easy as possible to start the process. Please click on any link below for helpful information on that topic. You can search for homes, get the value of your home, receive listing updates or search the area.

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Hollywood Riviera View Protection – Torrance Hillside Overlay Restrictions

Without question ocean views are pretty important and in most cities they’re not protected in any way.    You may buy or live in a house that has spectacular ocean views only to have them disappear at some point.  It’s not just the views that are impacted but the light and breezes as well.    These ocean views have immeasurable value from both a quality of life aspect as well as monetarily.   Big ocean views can be the difference in hundreds of thousands, and sometimes even millions of dollars.  In many of the South Bay cities these views are unprotected and it’s not rare for a home’s stunning ocean views to disappear when the one story home next door gets torn down and new and much larger home replaces it.

Certain areas of Torrance are the exception. Primarily found in the Hollywood Riviera and Seaside Ranchos neighborhoods the city has incorporated much stricter building guidelines known as the “Hillside Overlay” area.  (see map below)

See the homes currently for sale in the Hollywood Riviera

In 1977, the Hillside Overlay Area was established in Torrance, CA in order to address issues concerning building, remodeling, and protecting views and privacy.  All new construction (meaning both new homes and expansions on current structures) are subject to review and input by neighbors including “flagging”  where a mock up of the future structure are marked with plastic flags  to approximate the outlines of any proposed addition to the structure prior to permit approval so that neighborhood input may be obtained.

Torrance Municipal Code Excerpt (Hillside Overlay)

The basics of the hillside overlay are as follows:  Upon receipt of the complete application, the Community Development Director shall set a date, time and place for a public hearing thereon as soon as practicable and shall send notice thereof to the owners of land included within a three hundred (300) foot radius of the exterior boundaries of the land for which the permit is sought

No construction and no remodeling or enlargement of a building or structure shall be permitted unless the Planning Commission (or the City Council on appeal) shall find that the location and size of the building or structure, or the location and size of the remodeled or enlarged portions of the building or structure, have been planned and designed in such a manner as to comply with the following provisions:

  1. The proposed development will not have an adverse impact upon the view, light, air and privacy of other properties in the vicinity;
  2. The development has been located, planned and designed so as to cause the least intrusion on the views, light, air and privacy of other properties in the vicinity;
  3. The design provides an orderly and attractive development in harmony with other properties in the vicinity;
  4. The design will not have a harmful impact upon the land values and investment of other properties in the vicinity;
  5. Granting such application would not be materially detrimental to the public welfare and to other properties in the vicinity;
  6. The proposed development will not cause or result in an adverse cumulative impact on other properties in the vicinity.

Please note that most of the information on this page is from the City of Torrance website and regulations posted in 2018.  We cannot guarantee the accuracy of any of the information and recommend checking with the city for any/all information, regulation and restrictions.

Torrance Hillside Overlay

 

Homes We Like – 402 Via San Sebastian in the Hollywood Riviera

Call us suckers for big ocean views and clean coastal design, but the home at 402 Via San Sebastian definitely caught our eye. The home offers some fantastic ocean views and the clean design inspired by luxury coastal living makes for a fantastic place to call home. Sitting on a 10,000+ foot elevated lot, the home has expansive views of the oceean and coast. With 3 bedrooms, 2 baths and a bit over 1,500 feet the home fits in nicely with the neighborhood. Although it was originally built in 1954 the home was recently remodeled and reimagined. Listed with Jennifer Fematt of Douglass Elliman the home is currently priced at $1,750,000.  Contact us for more information on this home or to schedule a private showing.

402 Via San Sebastian Hollywood Riviera

What’s Around the Riviera? Explore the Neighborhoods of the South Bay

If Hollyglen and Del Aire aren’t the only neighborhoods you might be interested in, click on any city, neighborhood or photo below to see a real estate website designed specifically to provide valuable information on that area. See the current homes for sale, recent home sales, market statistics, area maps, photos and more. We hope that our information can help you with your home search. If you want other information or would like our assistance with your search please don’t hesitate to contact Keith Kyle for all of your real estate needs.

South Bay Communities and Real Estate Websites Around Hawthorne

 

Hollywood Riviera Real Estate Market 2018- Year in Review

2018 was an incredible year for real estate in the Hollywood Riviera.  Home prices continued to rise rapidly as demand for homes in this coastal community showed no signs of easing.  For those just starting to explore the neighborhood, the Hollywood Riviera lies at the base of the Palos Verdes Peninsula.  With a Redondo Beach zip and mailing address, the Hollywood Riviera is actually part of Torrance with Torrance schools and services.  The combination of strict building restrictions protecting views and the location on the side of a hillside, makes for often spectacular ocean and coastline views.

View the current homes for sale in the Hollywood Riviera.

As of 12/21 there were 91 closed home sales with an average list price of $1,783,944 and an average sales price of $1,751,000.   The average price per foot was $744.   The median list price was $1,399,000 with a median sales price of $1,415,000 meaning the median sales prices were over list price!!  The median price per foot for 2018 was at $699.

The higest sale of the year $22,650,000 for a spectacular oceanfront estate at 417 Paseo De La Playa.  The lowest priced sale of the year $607,500 for a 2 bedroom condo on Pacific Coast Highway.

Hollywood Riviera Real Estate Bucks the Trend…..

While most other areas and neighborhoods are seeing inventory of unsold homes rise as the market cools, the Hollywood Riviera has bucked that trend.  This fantastic coastal community has now seen three straight months with the number of active homes for sale decreasing.  September 2018 was the recent high water mark with 25 active listings.  Whether it’s just a slowdown due to the holiday season or a larger trend with tightening inventory remains to be seen.  As of this post (12/21) there are only 10 homes currently for sale in the community.

See the current homes for sale in the Hollywood Riviera.