124 S Guadalupe Ave Redondo Beach, CA 90277
8
Beds
3
Baths
3,346
Sq Ft
0.28
Acres
Highlights
- Ocean View
- 0.28 Acre Lot
- Attic
- Alta Vista Elementary School Rated A+
- Colonial Architecture
- Sun or Florida Room
About This Home
As of May 2019PRICE REDUCED! SELLER WILL CONSIDER ALL OFFERS. This is a rare opportunity to purchase a 12,030’ ocean view lot in South Redondo Beach. The property is on an elevated lot with ocean views from Palos Verdes to Malibu and is just 5 blocks from the beach. The main house is a two story 5 bedroom/ 2 bath home on the front of the property, and a two story 3 bedroom 1 bath rental property located at the rear of the lot. The front house sits 18' above street level with ocean views from both downstairs and upstairs rooms. As a development purchase, the developer has the potential to build up to 4 detached ocean view townhomes on the 12,030 lot. It is currently zoned R-3 Residential.** The lot dimensions are approximately 60’ by 200’ at an elevation of 115' above sea level. Because the lot sits high above the street level, with one story properties to the south, the ability to maximize ocean views provides a developer a chance to build uniquely situated homes that each capture views of the Pacific Ocean. **Buyer to verify all property details and zoning approvals with the City of Redondo Beach. Seller and their agent make no guarantees with regard to lot divisions or property condition. SEE AGENT REMARKS
Last Agent to Sell the Property
Vista Sotheby’s International Realty License #01843670 Listed on: 08/02/2015
Co-Listed By
Dan Ericson
Ericson Beach Real Estate License #00426156
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,895
Year Built
- Built in 1908
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 60'x200'
- No Common Walls
- Block Wall Fence
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- 1 Carport Space
- Parking Available
- Assigned Parking
Property Views
- Ocean
- Panoramic
Home Design
- Colonial Architecture
- Brick Foundation
- Composition Roof
- Wood Siding
Interior Spaces
- 3,346 Sq Ft Home
- Built-In Features
- Crown Molding
- Wainscoting
- High Ceiling
- Bay Window
- Wood Frame Window
- French Doors
- Formal Entry
- Living Room with Fireplace
- Workshop
- Sun or Florida Room
- Storage
- Laundry Room
- Gas Cooktop
- Attic
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
- Heating Available
Listing and Financial Details
- Legal Lot and Block 27 / 123
- Assessor Parcel Number 7506005026
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- New Taxes Expense $31,250
- Net Operating Income $12,480
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2019
Closed on
May 6, 2019
Sold by
Milton Street Rresidential Acquisitions
Bought by
Gorgone David and Gorgone Shannon
Seller's Agent
Gary Kooba
Vista Sotheby’s International Realty
Buyer's Agent
Gabrielle Herendeen
Estate Properties
List Price
$2,499,000
Sold Price
$1,995,000
Premium/Discount to List
-$504,000
-20.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,863
Avg. Annual Appreciation
4.58%
Similar Homes in Redondo Beach, CA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,995,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,188,800 | New Conventional | |
| Previous Owner | $470,000 | Unknown | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $600,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2019 05/17/19 | Sold | $1,995,000 | -0.2% | $950 / Sq Ft |
| 04/15/2019 04/15/19 | Price Changed | $1,999,000 | -4.8% | $952 / Sq Ft |
| 04/05/2019 04/05/19 | Price Changed | $2,099,000 | -8.7% | $1,000 / Sq Ft |
| 03/18/2019 03/18/19 | Price Changed | $2,299,000 | -8.0% | $1,095 / Sq Ft |
| 02/22/2019 02/22/19 | For Sale | $2,499,000 | +21.8% | $1,190 / Sq Ft |
| 10/31/2016 10/31/16 | Sold | $2,052,000 | -17.9% | $613 / Sq Ft |
| 02/04/2016 02/04/16 | Pending | -- | -- | -- |
| 08/02/2015 08/02/15 | For Sale | $2,500,000 | -- | $747 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $24,891 | $2,225,453 | $1,667,697 | $557,756 |
| 2024 | $24,891 | $2,181,818 | $1,634,998 | $546,820 |
| 2023 | $25,133 | $2,139,039 | $1,602,940 | $536,099 |
| 2022 | $24,669 | $2,097,098 | $1,571,510 | $525,588 |
| 2021 | $24,055 | $2,055,980 | $1,540,697 | $515,283 |
| 2020 | $24,020 | $1,226,792 | $747,297 | $479,495 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2019
Gary Kooba
Vista Sotheby’s International Realty
(310) 722-2007
17 in this area
113 Total Sales
-
B
Seller Co-Listing Agent in 2019
Berto Gonzalez
Heriberto Gonzalez
-
Buyer's Agent in 2019
Gabrielle Herendeen
RE/MAX
(310) 433-7313
31 in this area
201 Total Sales
-
Seller's Agent in 2016
Kyle Daniels
Vista Sotheby’s International Realty
(310) 374-2100
1 in this area
34 Total Sales
-
D
Seller Co-Listing Agent in 2016
Dan Ericson
Ericson Beach Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB15177352
APN: 7506-005-088
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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