NOT LISTED FOR SALE

1016 Avenue A Redondo Beach, CA 90277

Estimated Value: $2,158,000 - $3,217,000

4 Beds
2 Baths
1,542 Sq Ft
$1,837/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $2,567,500 $1,665 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $17,929/month

4 Days on Market

Highlights

  • 0.29 Acre Lot
  • Open Floorplan
  • Cathedral Ceiling
  • Alta Vista Elementary School Rated A+
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of May 2021

Situated on generous 12,642 SQUARE FEET SUB-DIVIDABLE FLAT LOT (check with City of Redondo Beach), this 4 bedroom 2 bathroom 1,542 sq feet single level ranch-style home presents an opportunity that fuses the potential to establish roots in one of the most desirable area of Redondo Beach and create your world-class estate. First time on the market since 1961, it was built from the ground up by the patriarch of the family and now presents an incredible canvas ready for your vision. Formal entry leads you into a spacious living room with gorgeous beamed ceilings, grand fire place, and a sliding door window leading into sitting area/patio outside featuring the large fountain and surrounded by lush lawns, palm trees, and greenery. There is an orchard with fig, two orange, mandarin, avocado, and lemon fruit trees at the very back of the yard. Whether seeking to add on to existing structure, improve the magnificent outdoor space, or build an ADU at the back of this expansive lot, there are endless possibilities to embellish while luxuriating in Southern California's quintessential indoor - outdoor life style.

Last Agent to Sell the Property

Yevgeniya Kharkats

Berkshire Hathaway HomeServices California Properties License #01821253 Listed on: 04/09/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Yosef Adde

eXp Realty of Greater Los Angeles, Inc. License #02017925

eXp Realty of Greater Los Angeles, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,301

Year Built

  • Built in 1961

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 80x159
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Front Yard
  • Property is zoned RBR-1

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Interior Block Wall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • No Interior Steps
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 4 / 31
  • Tax Tract Number 2546
  • Assessor Parcel Number 7509030009

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,301

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RBR-1
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7509030009
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1542.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, Open Floorplan, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Living Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1665.05
  • Room Type: All Bedrooms Down, Foyer, Kitchen, Living Room, Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Linen Closet/Storage

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Level, Sprinkler System, Sprinklers Timer, Yard
  • Lot Size: 80x159
  • Lot Size Sq Ft: 12642.00
  • Lot Size Acres: 0.2902

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12642.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 31
  • Tax Census Tract: 6214.00
  • Tax Lot: 4
  • Tax Tract Number: 2546

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Aloteibi Omar and Haidar Lina
Bought by
Olah Living Trust and Aloteibi
Current Estimated Value
$2,832,566

Purchase Details

Closed on
Oct 26, 2021
Sold by
Aloteibi Waleed and Shalabi Amira
Bought by
Aloteibi Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,923,750
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2021
Closed on
Apr 30, 2021
Sold by
Gonzalez Jorge Rivera and Foley Maria Elena
Bought by
Aloteibi Waleed and Shalabi Amira
Seller's Agent
Yevgeniya Kharkats
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Yosef Adde
eXp Realty of Greater Los Angeles, Inc.
List Price
$2,499,000
Sold Price
$2,567,500
Premium/Discount to List
$68,500
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
May 21, 2001
Sold by
Gonzalez Jorge Joseph and Gonzalez Maria Alicia
Bought by
Gonzalez Jorge Joseph
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Olah Living Trust -- None Listed On Document
Aloteibi Omar -- None Listed On Document
Aloteibi Omar $2,565,000 Lawyers Title Company
Aloteibi Omar -- Lawyers Title Company
Aloteibi Waleed $2,567,500 Fidelity National Title Co
Gonzalez Jorge Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aloteibi Omar $1,923,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $2,567,500 +2.7% $1,665 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $2,499,000 -- $1,621 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,301 $2,721,997 $2,177,598 $544,399
2024 $30,301 $2,668,625 $2,134,900 $533,725
2023 $29,734 $2,616,300 $2,093,040 $523,260
2022 $29,293 $2,565,000 $2,052,000 $513,000
2021 $2,373 $131,312 $95,783 $35,529
2020 $2,349 $129,966 $94,801 $35,165
2019 $2,292 $127,419 $92,943 $34,476
2018 $2,142 $124,921 $91,121 $33,800
2016 $2,061 $120,073 $87,584 $32,489
2015 $2,035 $118,270 $86,269 $32,001
2014 $2,018 $115,955 $84,580 $31,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21072820

California Regional Multiple Listing Service (CRMLS)

APN: 7509-030-009