NOT LISTED FOR SALE

201 Torrance Blvd Redondo Beach, CA 90277

Estimated Value: $2,559,162

0.07 Acre
$36,559,457 Price per Acre
3,032 Sq Ft Lot

Last Sold February 07, 2018

Last sale price $850,000

Est. 201% increase in value since last sale

Current estimated payment $16,138/month

41 Days on Market

Highlights

  • Peek-A-Boo Views
  • Corner Lot
  • 4-minute walk to Veterans Park
  • Alta Vista Elementary School Rated A+
  • No HOA

About This Lot

As of February 2018

Great opportunity for investor or developer! This property is located just 1 block from Redondo Beach Pier and has an existing commercial building; however, the property is zoned R3. Please check with city on zoning/potential uses and future development. The property currently has a 3000 sq. ft. building with lobby, kitchen, conference room, 2 bathrooms, 5 offices, utility room. Currently there is no parking on the lot. Tentative plans for a 3700 sq. ft. home have been started and can be sold with the property. Possible ocean views from future second story.

Last Agent to Sell the Property

Rick Shaw

E Real Estate Corp. License #00526393 Listed on: 09/12/2017

Last Buyer's Agent

Dean Thomas

E Real Estate Corp. License #00711417

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $26,322

Lot Details

  • 3,032 Sq Ft Lot
  • Corner Lot
  • Property is zoned RBR-3A

Additional Features

  • Peek-A-Boo Views
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 7505019030

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$26,322

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: RBR-3A
  • Property Type: Land
  • Parcel Number: 7505019030
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 280.34

Exterior Features

  • View: Peek-A-Boo

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3032.00

Tax Info

  • Tax Census Tract: 6213.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2021
Sold by
B & J Capital Group Investments
Bought by
Thai Hung C
Current Estimated Value
$2,559,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2021
Sold by
Lara Jorge
Bought by
B & J Capital Group Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2020
Sold by
B & J Capital Investments
Bought by
B & J Capital Group Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2020
Sold by
B & J Capital Group Investments
Bought by
Lara Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2017
Sold by
Todt Melva O
Bought by
B & J Capital Group Investments Llc

Purchase Details

Closed on
Aug 15, 1994
Sold by
Todt Melva O
Bought by
Todt Melva O and Todt Family Trust B
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
Thai Hung C $2,200,000 Lawyers Title
B & J Capital Group Investments -- Lawyers Title
B & J Capital Group Investments -- Lawyers Title
Lara Jorge -- Lawyers Title
B & J Capital Group Investments Llc $850,000 Provident Title Co
Todt Melva O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thai Hung C $1,650,000
Previous Owner B & J Capital Group Investments $1,400,000
Previous Owner Lara Jorge $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2018 02/07/18 Sold $850,000 -10.4% --
01/25/2018 01/25/18 For Sale $949,000 0.0% --
10/23/2017 10/23/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $949,000 -- --
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 $26,322 $2,334,657 $1,061,208 $1,273,449
2024 $26,322 $2,288,880 $1,040,400 $1,248,480
2023 $25,910 $2,244,000 $1,020,000 $1,224,000
2022 $25,421 $2,200,000 $1,000,000 $1,200,000
2021 $11,098 $893,499 $697,981 $195,518
2020 $11,090 $884,339 $690,825 $193,514
2019 $10,872 $867,000 $677,280 $189,720
2018 $2,442 $114,361 $55,780 $58,581
2016 $2,363 $109,922 $53,615 $56,307
2015 $2,333 $108,272 $52,810 $55,462
2014 $2,324 $106,152 $51,776 $54,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17212062

California Regional Multiple Listing Service (CRMLS)

APN: 7505-019-030