NOT LISTED FOR SALE

1705 S Catalina Ave Redondo Beach, CA 90277

Estimated Value: $4,044,557

0.13 Acre
$30,640,583 Price per Acre
5,762 Sq Ft Lot

Last Sold December 14, 2012

Last sale price $1,615,000

Est. 150% increase in value since last sale

Current estimated payment $23,879/month

12 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Tulita Elementary School Rated A+
  • No HOA

About This Lot

As of December 2012

Situated in PRIME downtown Riviera Village Location- Extermely RARE opportunity. Currently 2 unit freestanding retail building (2814 sqft), on large 5762 sqft Lot- Keep the current building or build new in absolute PREMIERE location in the Village around the corner from the beach, among many popular upscale restaurants/shops. See Carets commercial listing for more info on building. Gross income is approx. $7200/mo. Leases are short term. Please do not disturb tenants. See agent remarks.

Last Agent to Sell the Property

Kathleen Markowski

Vista Sotheby’s International Realty License #01292536 Listed on: 12/02/2012

Vista Sotheby’s International Realty

Last Buyer's Agent

Gerard Bisignano

Vista Sotheby’s International Realty License #01116110

Vista Sotheby’s International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,092

Lot Details

  • 5,762 Sq Ft Lot
  • Property is zoned RBC-2PD

Listing and Financial Details

  • Assessor Parcel Number 7511011003

Community Details

Overview

  • No Home Owners Association

Recreation

  • Ocean Side of Highway 1

Property Details

Property Type

Land

Est. Annual Taxes

$22,092

Lot Details

0

Listing Details

  • Current Use Comments: Commercial building
  • View: No
  • Zoning: RBC-2PD
  • Property Type: Land
  • Parcel Number: 7511011003
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 280.28

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5762.00
  • Lot Size Acres: 0.1320

Multi Family

  • Lot Size Area: 5762.0000 Square Feet
  • Waterfront Features: Ocean Side Of Highway 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Tara Properties Lllp
Bought by
Catalina One Llc
Current Estimated Value
$4,044,557

Purchase Details

Listed on
Dec 2, 2012
Closed on
Dec 4, 2012
Sold by
Cruise Marc J and Redondo Trust
Bought by
Tara Properties Lllp
Seller's Agent
Kathleen Markowski
Vista Sotheby’s International Realty
Buyer's Agent
Gerard Bisignano
Vista Sotheby’s International Realty
List Price
$1,850,000
Sold Price
$1,615,000
Premium/Discount to List
-$235,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Jan 13, 1998
Sold by
Haag Ysbrand J and Haag Lydia D
Bought by
Cruise Marc J and The Redondo Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.05%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Catalina One Llc -- None Listed On Document
Tara Properties Lllp $1,615,000 Usa National Title Co
Cruise Marc J $600,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruise Marc J $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $1,615,000 -12.7% --
12/14/2012 12/14/12 Pending -- -- --
12/02/2012 12/02/12 For Sale $1,850,000 -- --
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 $22,092 $1,988,746 $1,496,178 $492,568
2024 $22,092 $1,949,752 $1,466,842 $482,910
2023 $21,683 $1,911,523 $1,438,081 $473,442
2022 $21,400 $1,874,043 $1,409,884 $464,159
2021 $20,979 $1,837,298 $1,382,240 $455,058
2019 $20,576 $1,782,804 $1,341,243 $441,561
2018 $19,999 $1,747,848 $1,314,945 $432,903
2016 $19,377 $1,679,979 $1,263,885 $416,094
2015 $19,018 $1,654,745 $1,244,901 $409,844
2014 $18,776 $1,622,332 $1,220,516 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12146477

California Regional Multiple Listing Service (CRMLS)

APN: 7511-011-003