124 Via Monte Doro, Redondo Beach CA
We’ve posted about this home in the past but the price at the time kept it from selling and now it’s back in a very unusual and rare “auction”. This historic house has now been relisted and looks incredible. The historic Clifford Reid house at 124 Via Monte Doro is a truly remarkable home evoking the earliest days of this great neighborhood and it embodies the glamour of “Hollywood” at the time which was partially responsible for the name of the area itself. It was built in 1928 by Clifford Reid, the visionary developer of the Hollywood Rivera. After a trip to the Italian Riviera he felt that this area of the South Bay had a similar look and feel and he envisioned an area with the surrounding beauty of the riviera with the glitz and glamour of Hollywood.
The first house built was his personal residence and showpiece which is now known as the Clifford Reid house. The home sits on a 22,000 foot lot making for a spacious estate with incredible outdoor areas. Over the years it was lovingly restored and masterfully recreated combining old world craftsmanship with todays modern features. The home features 6 bedrooms, 7 bathrooomd and over 6,700 square feet of living space.
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124 Via Monte Doro, Redondo Beach CA
Listing Courtesy of Edward Kaminsky – Strand Hill Christies International Real Estate
neighborhoods and communities. Prices range dramatically so it’s great to focus stats and trends on small parts of town as well as Torrance real estate in general. 2019 saw 96 “on market” home sales in the community of Old Town Torrance. This neighborhood has a charming historic feel unlike anything else in the South Bay. The median “list” price was $690,000 with the median home sale priced at $689,500 meaning that homes basically sold for full price during the year. This continued the trend of being a very solid “seller’s market”. Homes were on the market an average of 34 days before selling or going into escrow. The lowest price of the year was $255,000 for a one bedroom condo on Cabrillo with the highest priced sale of the year being $1,130,000 for a two unit property on Arlington. The majority of the home sales were single family homes and several were beautiful historic craftsman homes which is what makes this neighborhood in Torrance so special.