1

Riviera Multifamily Home for Sale

Section Image
  • /19

    $4,600,000

    • 14 Beds
    • 14 Baths
    • 6,856 Sq Ft

    6164 S Pacific Coast Hwy, Redondo Beach, CA 90277

    Own a piece of the the Hollywood Riviera with this beautiful, well maintained income property. Rare opportunity. Three of the apartments have been re modeled and one is being done now. Located in the highly sought after and vibrant community of Hollywood Riviera, it has a Redondo Beach mailing address and is actually in the city of Torrance. 8 units consist of two 1BR/1BA and six 2BR/2BA.

    Jerry Tainter Palm Realty Boutique, Inc.

    6164 S Pacific Coast Hwy, Redondo Beach, CA 90277

About Riviera

Riviera in Torrance, CA, offers a blend of coastal charm and suburban tranquility, making it a coveted neighborhood in LA County. Residents enjoy top-rated schools, including Riviera Elementary, Richardson Middle, and South High, all known for their excellent academic programs and extracurricular activities. The neighborhood's proximity to Torrance County Beach provides ample opportunities for swimming, surfing, and sunbathing without the heavy tourist crowds typical of other Santa Monica Bay beaches. Riviera's real estate features a mix of coastal condos, mid-century ranch-style homes, and larger Mission Revival and Craftsman-style houses, with some mansions along the bluffs. The area is known for its winding, hilly streets, old-growth trees, and well-maintained sidewalks, offering scenic views of the ocean. Local attractions include Los Arboles Rocketship Park and Miramar Park, perfect for outdoor activities and picnics. Riviera Village, a walkable shopping district, offers diverse dining options like Bettolino Kitchen and The Green Temple, as well as grocery stores such as Trader Joe's and Vons. Residents can also enjoy tropical meals at TNT Aloha Cafe or relax at Yellow Vase Cafe and Friends of the Vine wine bar. The neighborhood is safer than the national average, adding to its appeal. Conveniently located near Pacific Coast Highway, Riviera provides easy access to Los Angeles International Airport, downtown LA, and Kindred Hospital South Bay, with public bus routes available for non-drivers.

Home Trends in Riviera, CA

Home Trends

Median Price (12 Mo)
$2,010,000
Median Single Family Price
$2,160,000
Median 2 Bedroom Price
$1,305,000
Median 1 Bedroom Price
$1,099,000
Average Price Per Sq Ft
$1,122
Number of Homes for Sale
22
Last 12 months Home Sales
173
Months of Supply
1.50
Median List Price
$2,099,500
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
11%
How to Buy a Home How to Finance a Home How to Sell a Home