NOT LISTED FOR SALE

216 S Lucia Ave Redondo Beach, CA 90277

Estimated Value: $1,833,000

0.18 Acre
$10,183,333 Price per Acre
7,865 Sq Ft Lot

Last Sold May 21, 2018

Last sale price $1,725,000 $661 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $11,821/month

10 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Front Yard
  • Alta Vista Elementary School Rated A+
  • Rectangular Lot

About This Lot

As of May 2018

Rare offering appealing to both Investors and Developers! Great investment opportunity to own an income producing Triplex in desirable South Redondo. Situated at the crest of the hill on an Oversized 40 x 195 R-3 lot. This investment site can be redeveloped into 3 detached condominium townhomes. Under market rents provide for rental income upside potential while obtaining permits. Currently there is a detached 3 bedroom, 1 bath beach bungalow in the front. At the rear is a 2 bedroom, 1.75 bath apt. with sweeping city lights views over the 2 car garage and the lower level 1 bedroom, 1 bath unit. The large lot offers plenty of additional off street parking. Well located - only one block away from Parras Middle School to the North - shops, restaurants and public transportation on Torrance Blvd, and only minutes away from the Redondo marina/waterfront and South Bay beaches. Great award-winning schools - Alta Vista Elementary, Parras Middle School and Redondo Union High School.

Last Agent to Sell the Property

Jay Horrell

Horrell Realtors License #00854307 Listed on: 04/09/2018

Co-Listed By

Jason Horrell

Horrell Realtors License #01966313

Last Buyer's Agent

Dennis Hartley

Compass License #00836047

Compass

Property Details

Property Type

  • Land

Lot Details

  • 7,865 Sq Ft Lot
  • Lot Dimensions are 40 x 195
  • Rectangular Lot
  • Level Lot
  • Front Yard
  • Property is zoned RBR-3

Property Views

  • City Lights
  • Hills

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7506019024

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Possible Use Comments: 40 x 195 Lot allows for 3 unit condominium development. Buyer to verify with the city of Redondo Beach.
  • View: Yes
  • Zoning: RBR-3
  • Property Type: Land
  • Parcel Number: 7506019024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 219.33

Exterior Features

  • View: City Lights, Hills

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Lot 6500-9999, Rectangular Lot
  • Lot Size: 40 x 195
  • Lot Size Sq Ft: 7865.00

Tax Info

  • Tax Census Tract: 6213.01

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

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $1,725,000 0.0% $661 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/18/2018 04/18/18 Off Market $1,725,000 -- --
04/09/2018 04/09/18 For Sale $1,699,000 -- $651 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jay Horrell

    Seller's Agent in 2018

    Jay Horrell

    Horrell Realtors

    (310) 729-6441

    12 in this area

    45 Total Sales

    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jason Horrell

    Horrell Realtors

  • Dennis Hartley

    Buyer's Agent in 2018

    Dennis Hartley

    Compass

    (310) 717-2319

    15 in this area

    80 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18080750

California Regional Multiple Listing Service (CRMLS)

APN: 7506-019-024

California Los Angeles County Redondo Beach 90277

216 S Lucia Ave, Redondo Beach, CA

This home is located at 216 S Lucia Ave, Redondo Beach, CA 90277 since 09 April 2018 and is currently priced at $1,833,000, approximately $702 per square foot. 216 S Lucia Ave is a home located in Los Angeles County with nearby schools including Alta Vista Elementary School, Parras (Nick G.) Middle School, and Redondo Union High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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