NOT LISTED FOR SALE

Estimated Value: $3,302,365 - $3,678,000

4 Beds
3 Baths
2,963 Sq Ft
$1,163/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $2,499,000 $843 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $21,119/month

26 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Updated Kitchen
  • Riviera Elementary School Rated A
  • Heated Pool
  • Wooded Lot

About This Home

As of September 2020

Once in a lifetime opportunity to own one of the Crown Jewels of the Hollywood Riviera. Built in 1929, this original Spanish home has been meticulously restored to the grandeur that was envisioned for "Hollywood". An entertainer's dream home walking distance to the Riviera Village which offers boutique shopping, indoor and outdoor dining as well as a short stroll to enjoy the sunset at Torrance and Redondo beach.
5 bedroom 3 bath just under 3000 sq ft with ocean views. Some of the many authentic features are the original light fixtures, high vaulted ceilings with hand stenciled exposed beams, hand painted stair risers, original hardwood floors, 100 year old antique church doors with stain glass windows, wine cellar, built in book cases and Malibu tile.
The outdoor kitchen, pool, jacuzzi and fireplace offer a resort like oasis that gives you the feeling of a Mediterranean vacation.

This home is an absolute MUST SEE!

Last Agent to Sell the Property

Nicole Reis

Compass Brokerage Phone: 617-459-7544 License #02050314 Listed on: 06/24/2020

Compass

Last Buyer's Agent

David Reams

D.Reams and Company License #00636976

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,835

Year Built

  • Built in 1929

Lot Details

  • 7,007 Sq Ft Lot
  • Landscaped
  • Wooded Lot
  • Lawn
  • Garden
  • Front Yard
  • Property is zoned TORR-LO

Parking

  • 2 Car Attached Garage

Home Design

  • Copper Plumbing

Interior Spaces

  • 2,963 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Entrance Foyer
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Ocean Views
  • Finished Basement

Kitchen

  • Eat-In Galley Kitchen
  • Updated Kitchen
  • Breakfast Area or Nook
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers

Flooring

  • Wood
  • Brick

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Heated Pool
  • Balcony
  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Wrap Around Porch

Schools

  • Riviera Elementary School
  • Richardson Middle School
  • South High School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 10302
  • Assessor Parcel Number 7514021031

Community Details

Overview

  • No Home Owners Association

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,835

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 617-459-7544
  • Other Phone Number: 617-459-7544
  • Property Attached: No
  • View: Yes
  • Zoning: TORR-LO
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7514021031
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2963.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Balcony, Beamed Ceilings, Built-in Features, Copper Plumbing Full, Granite Counters, High Ceilings, Sunken Living Room, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Brick, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Outside, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 843.40
  • Room Type: Basement, Dressing Area, Family Room, Foyer, Galley Kitchen, Jack & Jill, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Office, Separate Family Room, Walk-In Closet, Wine Cellar
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Dual Shower Heads (or Multiple), Hollywood Bathroom (Jack&Jill), Separate Tub And Shower, Vanity Area
  • Room Kitchen Features: Granite Counters, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Drawers
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Wrap Around
  • Pool Features: Private, Heated
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Torrance Unified
  • Elementary School: Riviera
  • Middle School: Richardson
  • High School: South
  • Elementary School: Riviera
  • High School: South
  • Middle Or Junior School: Richardson
  • Elementary School #2: RIVIER
  • High School2: SOUHIG

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped, Lawn, Treed Lot
  • Lot Size Sq Ft: 7007.00
  • Lot Size Acres: 0.1609

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7007.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6513.04
  • Tax Lot: 2
  • Tax Tract Number: 10302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 26, 2020
Sold by
Odom John Wesley and Odom Karen L
Bought by
Salisbury Scott R and Salisbury Anne M
Seller's Agent
Nicole Reis
Compass
Buyer's Agent
David Reams
D.Reams and Company
List Price
$2,499,000
Sold Price
$2,499,000
Current Estimated Value
$3,446,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$947,341
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
Jun 1, 2005
Sold by
Odom John Wesley and Odom Karen L
Bought by
Odom John Wesley and Odom Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 13, 2003
Sold by
Odom John W and Odom Karen L
Bought by
Odom John Wesley and Odom Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 1995
Sold by
Colman Dick R and Colman Cornelia J
Bought by
Odom John W and Odom Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.58%
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
Salisbury Scott R $2,499,000 Stewart Title
Odom John Wesley -- Fidelity National Title
Odom John Wesley -- Fidelity National Title
Odom John Wesley -- --
Odom John Wesley -- --
Odom John W $690,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salisbury R Scott R $750,000
Closed Salisbury R Scott R $750,000
Previous Owner Odom John Wesley $100,000
Previous Owner Odom John W $400,000
Previous Owner Odom John W $400,000
Previous Owner Odom John W $100,000
Previous Owner Odom John W $375,000
Closed Odom John W $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2020 09/08/20 Sold $2,499,000 0.0% $843 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $2,499,000 0.0% $843 / Sq Ft
07/16/2020 07/16/20 For Sale $2,499,000 0.0% $843 / Sq Ft
07/14/2020 07/14/20 Off Market $2,499,000 -- --
06/24/2020 06/24/20 For Sale $2,795,000 -- $943 / 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 $29,835 $2,704,995 $2,055,537 $649,458
2024 $29,835 $2,651,957 $2,015,233 $636,724
2023 $29,273 $2,599,959 $1,975,719 $624,240
2022 $28,884 $2,548,980 $1,936,980 $612,000
2021 $28,448 $2,499,000 $1,899,000 $600,000
2020 $12,261 $1,067,208 $516,459 $550,749
2019 $12,088 $1,046,283 $506,333 $539,950
2018 $11,733 $1,025,768 $496,405 $529,363
2016 $11,210 $985,938 $477,130 $508,808
2015 $10,969 $971,130 $469,964 $501,166
2014 $10,677 $952,108 $460,759 $491,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20122187

California Regional Multiple Listing Service (CRMLS)

APN: 7514-021-031