NOT LISTED FOR SALE

Estimated Value: $2,517,768 - $2,899,000

5 Beds
4 Baths
3,777 Sq Ft
$720/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $2,625,000 $695 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $15,531/month

31 Days on Market

Highlights

  • Wine Cellar
  • Updated Kitchen
  • Outdoor Fireplace
  • Lincoln Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of April 2024

$300K PRICE REDUCTION!!! Introducing a stunning 5-bedroom, 4-bathroom custom home nestled in the heart of the South Bay's coastal paradise. Boasting over 3600 sq ft of luxurious living space on an expansive 8200 sq ft lot, this residence is a true masterpiece. The home was completely rebuilt in 2003 from a one level home to the amazing 2 level sanctuary it is today. Step into a world of comfort and style with gorgeous hardwood floors, a sweeping staircase, tons of windows pouring in light throughout the home, two spacious family rooms - one on each level, a cozy dining room with fireplace and a gourmet kitchen featuring a central island – perfect for culinary enthusiasts and entertaining guests. The air-conditioned interiors provide year-round comfort, while the whole house water purification and solar power ensures an eco-friendly footprint. The allure extends outdoors to an amazing backyard oasis, complete with a built-in outdoor BBQ perfect for entertaining, rejuvenating water fountains and a reclaimed water system, showcasing a commitment to sustainability. There is still room for a pool in this spacious yard! The oversized 2-car detached garage adds convenience and versatility, offering the potential to be transformed into an Accessory Dwelling Unit (ADU) for additional living space or rental income. The wine cellar/basement provides a perfectly cooled area to store food, wine or anything your heart desires! Experience the epitome of California living where meticulous design meets the perfect blend of elegance and functionality. Your dream home awaits in Redondo Beach.

Last Agent to Sell the Property

Susan Murphy

Keller Williams South Bay License #01008829 Listed on: 02/01/2024

Keller Williams South Bay

Co-Listed By

Laura Grabher

Keller Williams South Bay License #01372048

Last Buyer's Agent

Steve Thorn

Merit Real Estate License #02002405

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,258

Year Built

  • Built in 1950

Lot Details

  • 8,294 Sq Ft Lot
  • Water-Smart Landscaping
  • Garden
  • Back Yard
  • Property is zoned RBR-1

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,777 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Wired For Data
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Plumbing Fixtures
  • Soaking Tub
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar owned by seller
  • Reclaimed Water Irrigation System

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Outdoor Fireplace
  • Exterior Lighting

Schools

  • Lincoln Elementary School
  • Adams Middle School
  • Redondo Union High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Central Water Heater
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 16 / 5
  • Tax Tract Number 11336
  • Assessor Parcel Number 4151016016

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,258

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer, Dryer, TV in garage, Gym equipement in Garage, Fire pit in backyard
  • Property Attached: No
  • View: No
  • Zoning: RBR-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4151016016
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3777.00 Square Feet
  • Interior Amenities: Balcony, Bar, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Wired for Data, Wired for Sound
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 695.00
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Separate Family Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Bathroom Features: Double Sinks In Primary Bath, Granite Counters, Linen Closet/Storage, Main Floor Full Bath, Remodeled, Soaking Tub, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Microwave, Refrigerator, Tankless Water Heater, Water Heater Central, Water Purifier
  • Electric: Photovoltaics Seller Owned
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Redondo Unified
  • Elementary School: Lincoln
  • Middle School: Adams
  • High School: Redondo Union
  • Elementary School: Lincoln
  • High School: Redondo Union
  • Middle Or Junior School: Adams
  • Elementary School #2: LINCOL
  • High School2: REDUNI

Green Features

  • Green Water Conservation: Flow Control, Reclamation, Water-Smart Landscaping

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 8294.00
  • Lot Size Acres: 0.1904

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8294.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 6205.01
  • Tax Lot: 16
  • Tax Tract Number: 11336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 7, 2024
Sold by
Mike And Pattian S Garcia Family Trust and Garcia Mike
Bought by
Prasad Subramanya and Subramanian Aparna
Seller's Agent
Susan Murphy
Keller Williams South Bay
Buyer's Agent
Steve Thorn
Merit Real Estate
List Price
$2,999,999
Sold Price
$2,625,000
Premium/Discount to List
-$374,999
-12.5%
Views
118
Current Estimated Value
$2,720,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,942
Avg. Annual Appreciation
2.42%
Original Mortgage
$2,100,000
Outstanding Balance
$2,067,057
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$653,885

Purchase Details

Closed on
Sep 2, 2016
Sold by
Garcia Mike
Bought by
Garcia Mike and Garcia Pattiann S

Purchase Details

Closed on
Feb 26, 2009
Sold by
Garcia Mike
Bought by
Garcia Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,400
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2003
Sold by
Garcia Mike
Bought by
Garcia Mike

Purchase Details

Closed on
Nov 11, 2002
Sold by
Garcia Pattiann Stivers
Bought by
Garcia Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.96%

Purchase Details

Closed on
Oct 16, 2002
Sold by
Lawson Clifford Ray and Lawson Susanne Helena
Bought by
Garcia Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.96%
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
Prasad Subramanya $2,625,000 Fidelity National Title
Garcia Mike -- None Available
Garcia Mike -- Fidelity National Title Co
Garcia Mike -- Fidelity National Title Co
Garcia Mike -- --
Garcia Mike -- Fatcola
Garcia Mike $599,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prasad Subramanya $2,100,000
Previous Owner Garcia Mike $377,400
Previous Owner Garcia Mike $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $2,625,000 -2.8% $695 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $2,700,000 -10.0% $715 / Sq Ft
02/01/2024 02/01/24 For Sale $2,999,999 -- $794 / 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 $13,258 $2,677,500 $2,337,942 $339,558
2024 $13,258 $1,097,103 $644,926 $452,177
2023 $13,020 $1,075,592 $632,281 $443,311
2022 $12,804 $1,054,503 $619,884 $434,619
2021 $12,460 $1,033,828 $607,730 $426,098
2019 $12,180 $1,003,165 $589,705 $413,460
2018 $11,818 $983,496 $578,143 $405,353
2016 $11,420 $945,307 $555,694 $389,613
2015 $11,214 $931,108 $547,347 $383,761
2014 $11,056 $912,870 $536,626 $376,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24013759

California Regional Multiple Listing Service (CRMLS)

APN: 4151-016-016