NOT LISTED FOR SALE

Estimated Value: $1,521,000 - $1,943,993

2 Beds
1 Bath
1,221 Sq Ft
$1,434/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $1,285,000 $1,052 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $10,518/month

11 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Covered Patio or Porch
  • Riviera Elementary School Rated A
  • No HOA
  • Balcony

About This Home

As of January 2021

A lovely combination of character and history, this Redondo Beach Riviera home is pure potential! Quite a phenomenal investment opportunity for the ambitious flip-connoisseur or owner user with an eye for what could be, this mid-century modern two-bedroom property in the pristine Riviera neighborhood boasts breathtaking ocean and coastline views. Mere minutes to the west lie the best of South Bay beaches and iconic piers while minutes to the east find easy freeway access and upscale shopping and dining. Its large back yard space is perfect for a raised flower or vegetable garden or just kicking a soccer ball around with the kids, both of which can be enjoyed from the expansive back ocean view deck -- the only distraction being the Pacific horizon. The interior offers a large living room with fireplace, sliding glass doors, and generous kitchen. Rife with a spacious front porch, detached garage, and curved driveway entrance, this property is ready for a transformation.

Last Agent to Sell the Property

Stephanie Younger

Compass License #01365696 Listed on: 12/02/2020

Compass

Last Buyer's Agent

Julie Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717819

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,423

Year Built

  • Built in 1948

Lot Details

  • 6,653 Sq Ft Lot
  • Lot Dimensions are 59x113
  • Property is zoned TORR-LO

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Bay
  • City Lights
  • Views of a landmark
  • Mountain

Home Design

  • Bungalow
  • Fixer Upper
  • Tar and Gravel Roof

Interior Spaces

  • 1,221 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7513-012-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,423

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: A lovely combination of character and history, this Redondo Beach Riviera home is pure potential! Quite a phenomenal investment opportunity for the ambitious flip-connoisseur or owner user with an eye for what could be, this mid-century modern two-bedroom property in the pristine Riviera neighborhood boasts breathtaking ocean and coastline views. Mere minutes to the west lie the best of South Bay beaches and iconic piers while minutes to the east find easy freeway access and upscale shopping and dining. Its large back yard space is perfect for a raised flower or vegetable garden or just kicking a soccer ball around with the kids, both of which can be enjoyed from the expansive back ocean view deck -- the only distraction being the Pacific horizon. The interior offers a large living room with fireplace, sliding glass doors, and generous kitchen. Rife with a spacious front porch, detached garage, and curved driveway entrance, this property is ready for a transformation.
  • Entry Location: Living Room
  • Living Area: 1221
  • Lot Acreage: 0.1527
  • Lot Dimensions: 59x113
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate, Mixed, Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 900.08

Exterior Features

  • Other Features: Balcony
  • Other Structures: Shed(s)
  • Pool: No
  • Roof: Tar and Gravel
  • Spa Yn: No
  • View: Bay, City Lights, Coastline, Ocean, Mountains, Landmark
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Garage Is Detached, Garage, Driveway
  • Total Parking: 4

Utilities

  • Heating: Central, Wall
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 7513-012-008
  • Lot Size Area: 6653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Jan 19, 2021
Sold by
Elizondo Margaret
Bought by
Elizondo Michael L
Seller's Agent
Stephanie Younger
Compass
Buyer's Agent
Julie Lyon
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,099,000
Sold Price
$1,285,000
Premium/Discount to List
$186,000
16.92%
Current Estimated Value
$1,694,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,557
Avg. Annual Appreciation
6.98%
Original Mortgage
$770,000
Outstanding Balance
$688,799
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,061,699

Purchase Details

Listed on
Dec 2, 2020
Closed on
Dec 22, 2020
Sold by
Leary Susan
Bought by
Mcdermott Manette Jen and Elizondo Michael L
Seller's Agent
Stephanie Younger
Compass
Buyer's Agent
Julie Lyon
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,099,000
Sold Price
$1,285,000
Premium/Discount to List
$186,000
16.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Outstanding Balance
$688,799
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,061,699

Purchase Details

Closed on
Sep 4, 2012
Sold by
Rector Pamela A
Bought by
Rector Pamela and Pamela Rector Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2007
Sold by
Rector Pamela Anne
Bought by
Rector Pamela and Pamela Rector Trust

Purchase Details

Closed on
Aug 12, 2004
Sold by
Rector Richard J and Rector Survivors Trust A
Bought by
Rector Richard J and Rector Survivors Trust C

Purchase Details

Closed on
Feb 14, 2003
Sold by
Rector Richard J and Rector Richard J
Bought by
Rector Richard J and Rector Survivors Trust A
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
Elizondo Michael L -- Chicago Title Company
Mcdermott Manette Jen $1,285,000 Chicago Title Company
Rector Pamela -- First American Title Company
Rector Pamela A -- First American Title Company
Rector Pamela -- None Available
Rector Pamela Anne -- None Available
Rector Richard J -- --
Rector Richard J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Manette Jen $770,000
Previous Owner Rector Pamela A $220,000
Previous Owner Rector Richard J $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $1,285,000 +16.9% $1,052 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $1,099,000 0.0% $900 / Sq Ft
01/30/2017 01/30/17 Rented $3,500 0.0% --
01/23/2017 01/23/17 Under Contract -- -- --
01/13/2017 01/13/17 For Rent $3,500 +25.0% --
06/01/2012 06/01/12 Rented $2,800 -3.4% --
05/13/2012 05/13/12 Under Contract -- -- --
04/25/2012 04/25/12 For Rent $2,900 -- --
Source: The MLS

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 $15,423 $1,390,922 $1,112,739 $278,183
2024 $15,423 $1,363,650 $1,090,921 $272,729
2023 $15,136 $1,336,913 $1,069,531 $267,382
2022 $14,937 $1,310,700 $1,048,560 $262,140
2021 $14,177 $1,234,659 $909,324 $325,335
2020 $3,057 $243,613 $212,170 $31,443
2019 $3,016 $238,837 $208,010 $30,827
2018 $2,883 $234,155 $203,932 $30,223
2016 $2,749 $225,064 $196,014 $29,050
2015 $2,692 $221,684 $193,070 $28,614
2014 $2,634 $217,343 $189,289 $28,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-666266

The MLS

APN: 7513-012-008