NOT LISTED FOR SALE

406 W Grand Ave El Segundo, CA 90245

Estimated Value: $1,613,000 - $2,111,000

4 Beds
3 Baths
2,281 Sq Ft
$770/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $1,300,000 $570 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $11,065/month

376 Days on Market

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • Walk-In Closet
  • Richmond Street Elementary School Rated A
  • 2 Car Attached Garage
  • 4-minute walk to Candy Cane Park

About This Home

As of January 2020

Built by CAM Development, these modern luxury townhomes raise the bar in high quality construction. 406 W Grand features 4 bedrooms, 3 bathrooms, open floor layout, 9 foot high ceilings with 8 foot doors, rooftop deck and a large balcony with barbeque hook up. The first floor living & dining area has an open floor layout with engineered hardwood floors throughout. The large fourth bedroom is also on the first floor adjacent to the living area. The large executive chef kitchen boasts commercial appliances, quartz countertops and European cabinets with slow close hardware. The second floor has vaulted wood ceilings, 3 bright bedrooms, and a large balcony leading to a spiral staircase to a roof deck, for Santa Monica Mountain and sunset views. The master bedroom has a large walk-in closet with an attached spacious master bath with soaking tub and a large shower with tower controls. Enjoy the convenience of an oversized 2 car garage with direct access (don't worry about the inconvenience of a shared driveway, the distance has been maximized for easier maneuvering). These townhomes are A/C ready, tankless water equipped, and have security systems installed with remote operation. *Glass entry doors to be installed!* Buyers have the option to upgrade flooring, entertainment and A/C installation. Located just short blocks to Main Street, restaurants, parks and award-winning schools!

Last Agent to Sell the Property

Bill Ruane

Estate Properties License #00972400 Listed on: 12/13/2018

Estate Properties

Last Buyer's Agent

Joanna Bowling

Keller Williams Downtown LA License #01433463

Keller Williams Downtown LA

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,639

Year Built

  • Built in 2019

Lot Details

  • 6,244 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Neighborhood

Interior Spaces

  • 2,281 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 6201

Community Details

Overview

  • Master Insurance
  • 3 Units
  • Grand Lofts HOA, Phone Number (310) 491-3600
  • Maintained Community

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,639

Year Built

Built in 2019

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2281.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 569.93
  • Room Type: Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Sewer, Pet Rules
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Grand Lofts HOA
  • Phone: 310-491-3600
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Suburban

Schools

  • School District: El Segundo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 6244.00
  • Lot Size Acres: 0.1433

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6244.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 6201.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Jan 7, 2020
Sold by
Grand Lofts Llc
Bought by
Pande Vinamra and Pande Kimberly
Seller's Agent
Bill Ruane
Estate Properties
Buyer's Agent
Joanna Bowling
Keller Williams Downtown LA
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Current Estimated Value
$1,756,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,482
Avg. Annual Appreciation
5.07%
Original Mortgage
$1,040,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
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
Pande Vinamra $1,300,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pande Vinamra $200,000
Open Pande Vinamra $1,022,000
Closed Pande Vinamra $1,040,000
Previous Owner Grand Lofts Llc $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $1,300,000 +0.1% $570 / Sq Ft
11/01/2019 11/01/19 Price Changed $1,299,000 -7.1% $569 / Sq Ft
11/01/2019 11/01/19 For Sale $1,399,000 +7.6% $613 / Sq Ft
10/25/2019 10/25/19 Off Market $1,300,000 -- --
08/29/2019 08/29/19 For Sale $1,399,000 +7.6% $613 / Sq Ft
08/27/2019 08/27/19 Off Market $1,300,000 -- --
07/12/2019 07/12/19 Price Changed $1,449,000 0.0% $635 / Sq Ft
07/12/2019 07/12/19 For Sale $1,449,000 +11.5% $635 / Sq Ft
07/10/2019 07/10/19 Off Market $1,300,000 -- --
02/14/2019 02/14/19 For Sale $1,539,000 +18.4% $675 / Sq Ft
02/07/2019 02/07/19 Off Market $1,300,000 -- --
02/07/2019 02/07/19 For Sale $1,539,000 +18.4% $675 / Sq Ft
01/16/2019 01/16/19 Off Market $1,300,000 -- --
12/13/2018 12/13/18 For Sale $1,539,000 -- $675 / 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 $15,639 $1,421,734 $759,643 $662,091
2024 $15,639 $1,393,858 $744,749 $649,109
2023 $15,224 $1,366,529 $730,147 $636,382
2022 $15,390 $1,339,735 $715,831 $623,904
2021 $15,167 $1,313,467 $701,796 $611,671
2020 $10,556 $910,857 $315,177 $595,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18290919

California Regional Multiple Listing Service (CRMLS)

APN: 4136-022-028