NOT LISTED FOR SALE

Estimated Value: $2,710,000 - $3,522,000

4 Beds
2.5 Baths
2,290 Sq Ft
$1,346/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $3,395,000 $1,483 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $18,475/month

7 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Open Floorplan
  • Riviera Elementary School Rated A
  • Updated Kitchen
  • Cape Cod Architecture

About This Home

As of April 2024

Experience coastal living at its finest in this captivating Lower Hollywood Riviera, ocean view home. Extensively renovated in 2019, this 4-bedroom, 2.5-bathroom home has 2,290 square feet of living space on a 7,200 square foot lot. Impeccable attention to detail is evident throughout, with exquisite cabinetry, tile work, hardwood floors, tasteful wallpaper, chic lighting fixtures, and a cozy fireplace mantel. Indulge in the joy of everyday living, whether preparing meals in the gourmet kitchen or unwinding on the back patio or playing in the grassy backyard all while taking in an ocean view and a sunset. Designed for effortless living, the home lives like a one-story, featuring 3 bedrooms and 2.5 bathrooms on the main level. Ascend to the second floor, where a versatile 'flex' room doubles as a fourth bedroom, complete with captivating ocean views. Boasting updated electrical, plumbing, and HVAC systems, this home epitomizes modern luxury and convenience. Ideally positioned for those seeking a dynamic lifestyle, enjoy strolling to the vibrant Riviera Village, the beach or shopping.

Last Agent to Sell the Property

Kelly Evans

Estate Properties Brokerage Phone: 310-613-2465 License #01070091 Listed on: 03/06/2024

Estate Properties

Co-Listed By

Laura Medina

Estate Properties Brokerage Phone: 310-613-2465 License #01309575

Last Buyer's Agent

Sandy Spallino

Vista Sotheby's International Realty License #01059510

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,117

Year Built

  • Built in 1953

Lot Details

  • 7,200 Sq Ft Lot
  • Block Wall Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned TORR-LO

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • Mountain

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 2,290 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Bathroom on Main Level
  • Stone Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Tankless Water Heater

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / O
  • Tax Tract Number 10302
  • Assessor Parcel Number 7514022014
  • $374 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,117

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: TORR-LO
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7514022014
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2290.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Living Room Deck Attached, Open Floorplan, Quartz Counters, Recessed Lighting, Storage
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1482.53
  • Room Type: Family Room, Great Room, Jack & Jill, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
  • Bathroom Features: Shower In Tub, Double Sinks In Bath(s), Double Sinks In Primary Bath, Hollywood Bathroom (Jack&Jill), Main Floor Full Bath, Remodeled, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Ocean
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs

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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1653

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: O
  • Tax Census Tract: 6513.04
  • Tax Lot: 14
  • Tax Tract Number: 10302
  • TaxOtherAnnualAssessmentAmount: 374.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Mar 20, 2024
Sold by
Lersch Family Trust and Lersch Jeffrey John
Bought by
March Living Trust and March
Seller's Agent
Kelly Evans
Estate Properties
Buyer's Agent
Sandy Spallino
Vista Sotheby's International Realty
List Price
$3,149,000
Sold Price
$3,395,000
Premium/Discount to List
$246,000
7.81%
Views
107
Current Estimated Value
$3,083,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$311,623
Avg. Annual Appreciation
-7.03%
Original Mortgage
$2,716,000
Outstanding Balance
$2,678,349
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$405,028

Purchase Details

Closed on
Jan 7, 2023
Sold by
Lersch Jeffrey J and Lersch Lori A
Bought by
Lersch Family Trust

Purchase Details

Listed on
Nov 1, 2018
Closed on
Nov 20, 2018
Sold by
Whetstone Terri Sharp and The Sharp Trust
Bought by
Lersch Jeffrey J and Lersch Lori A
Seller's Agent
Susan Murphy
Keller Williams South Bay
Buyer's Agent
Kelly Evans
Estate Properties
List Price
$1,599,000
Sold Price
$1,535,000
Premium/Discount to List
-$64,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$1,285,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2018
Sold by
Whetstone Terri Sharp
Bought by
Whetstone Terri Sharp and Sharp Larry
Source: Public Records

Range of Values:

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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
March Living Trust $3,395,000 Progressive Title Company
Lersch Family Trust -- --
Lersch Jeffrey J $1,535,000 Fidelity National Title
Whetstone Terri Sharp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open March Living Trust $2,716,000
Previous Owner Lersch Jeffrey J $1,282,500
Previous Owner Lersch Jeffrey J $1,285,000
Previous Owner Sharp Glen F $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $3,395,000 +7.8% $1,483 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $3,149,000 +105.1% $1,375 / Sq Ft
12/11/2018 12/11/18 Sold $1,535,000 -4.0% $670 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
11/01/2018 11/01/18 For Sale $1,599,000 -- $698 / 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 $19,117 $3,462,900 $3,378,954 $83,946
2024 $19,117 $1,696,350 $1,342,995 $353,355
2023 $18,758 $1,663,089 $1,316,662 $346,427
2022 $18,509 $1,630,481 $1,290,846 $339,635
2021 $18,247 $1,598,512 $1,265,536 $332,976
2019 $17,533 $1,535,000 $1,228,000 $307,000
2018 $1,821 $139,789 $77,117 $62,672
2016 $1,719 $134,363 $74,123 $60,240
2015 $1,685 $132,346 $73,010 $59,336
2014 $1,656 $129,754 $71,580 $58,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV24041002

California Regional Multiple Listing Service (CRMLS)

APN: 7514-022-014