NOT LISTED FOR SALE

408 N Prospect Ave Redondo Beach, CA 90277

Estimated Value: $1,595,000 - $1,666,828

4 Beds
2.5 Baths
1,760 Sq Ft
$929/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $1,530,000 $869 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,786/month

12 Days on Market

Highlights

  • City Lights View
  • Updated Kitchen
  • Traditional Architecture
  • Beryl Heights Elementary School Rated A+
  • Deck
  • 4-minute walk to Sunnyglen Park

About This Home

As of July 2024

Discover coastal living at its finest in this charming Redondo Beach home located at 408 Prospect Avenue. Enjoy a beautiful view over the neighborhood as you walk into the home and step out onto the deck. If you're an early bird, you have a terrific spot to see the sunrise over the city. Enjoy your morning coffee, breakfast, or just hanging out and BBQ'ing. Backyard is nicely landscaped for family entertainment. This delightful property features 4 bedrooms, 3 bathrooms, and 1,760 square feet of living space. The open-concept floor plan boasts a modern kitchen with stainless steel appliances, a spacious living room with a cozy fireplace, and large all new windows that let in abundant natural light. The home has a newly upgraded electrical panel. Conveniently located near top-rated schools, shops, and the beach, this home offers the ideal blend of comfort and convenience. Don’t miss out on this Redondo Beach gem! ** Keep in mind, this home is not on the main road, it's on the service road, with a median separating the main road and the street, with plenty of parking between Prospect Ave and the house.

Last Agent to Sell the Property

Donald McVicar

DOMO Real Estate Brokerage Phone: 310-283-0366 License #01424805 Listed on: 06/12/2024

Co-Listed By

Greg Geilman

DOMO Real Estate Brokerage Phone: 310-283-0366 License #01788567

Last Buyer's Agent

David Keller

Estate Properties License #00851437

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,724

Year Built

  • Built in 1965

Lot Details

  • 2,805 Sq Ft Lot
  • West Facing Home
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back Yard
  • Property is zoned RBR-1

Parking

  • 2 Car Attached Garage
  • Two Garage Doors
  • Garage Door Opener
  • On-Street Parking

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Upgraded Bathroom
  • Dual Sinks

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 7502016041
  • $883 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,724

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RBR-1
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7502016041
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1760.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 869.32
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Double Sinks In Bath(s), Upgraded
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: City Lights, Mountain(s), Neighborhood
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Garage - Two Door, Garage Door Opener, Street
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 2805.00
  • Lot Size Acres: 0.0644
  • Latitude Manual: 33.84921600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2805.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6212.01
  • Tax Lot: 27
  • TaxOtherAnnualAssessmentAmount: 883.00

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 17, 2024
Sold by
Leach Family Trust and Leach Eric S
Bought by
Kolev Boian L and Pham Bianca V
Seller's Agent
Donald McVicar
DOMO Real Estate
Buyer's Agent
David Keller
Estate Properties
List Price
$1,600,000
Sold Price
$1,530,000
Premium/Discount to List
-$70,000
-4.38%
Views
39
Current Estimated Value
$1,635,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,207
Avg. Annual Appreciation
5.42%
Original Mortgage
$1,224,000
Outstanding Balance
$1,208,169
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$427,038

Purchase Details

Closed on
Dec 21, 2018
Sold by
Morgan Picks Two Llc
Bought by
Leach Eric S and Leach Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$923,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2018
Closed on
Apr 17, 2018
Sold by
Watters Bonnie Kay and Estate Of Christine J Howard
Bought by
Morgan Picks Two Llc
Seller's Agent
Brent Humpherys
Humpherys Homes & Estates
Buyer's Agent
Brent Humpherys
Humpherys Homes & Estates
List Price
$825,000
Sold Price
$895,000
Premium/Discount to List
$70,000
8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Feb 23, 2006
Sold by
Howard Christine J
Bought by
Howard Albert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 1996
Sold by
Rodriguez Phillip D and Rodriguez Mette
Bought by
Howard Albert J and Howard Christine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.98%

Purchase Details

Closed on
Jan 11, 1994
Sold by
Rodriguez Phillip D and Rodriguez Mette
Bought by
Rodriguez Phillip D and Rodriguez Mette
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
Kolev Boian L $1,530,000 First American Title Company
Leach Eric S $1,154,000 Fidelity National Title
Morgan Picks Two Llc $895,000 Fidelity National Title Comp
Howard Albert J -- Chicago Title Co
Howard Albert J $298,000 Guardian Title Company
Rodriguez Phillip D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kolev Boian L $1,224,000
Previous Owner Leach Eric S $923,200
Previous Owner Howard Albert J $580,000
Previous Owner Howard Albert J $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2024 07/24/24 Sold $1,530,000 -1.3% $869 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $1,550,000 -3.1% $881 / Sq Ft
06/12/2024 06/12/24 For Sale $1,600,000 +78.8% $909 / Sq Ft
04/24/2018 04/24/18 Sold $895,000 +8.5% $509 / Sq Ft View Prior Sale
03/27/2018 03/27/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $825,000 -- $469 / 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 $14,724 $1,530,000 $1,198,800 $331,200
2024 $14,724 $1,262,064 $874,915 $387,149
2023 $14,456 $1,237,318 $857,760 $379,558
2022 $14,222 $1,213,058 $840,942 $372,116
2021 $13,915 $1,189,273 $824,453 $364,820
2020 $13,911 $1,177,080 $816,000 $361,080
2019 $10,930 $912,900 $730,320 $182,580
2018 $5,482 $435,071 $278,275 $156,796
2016 $5,297 $418,178 $267,470 $150,708
2015 $5,207 $411,898 $263,453 $148,445
2014 $5,135 $403,831 $258,293 $145,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24118297

California Regional Multiple Listing Service (CRMLS)

APN: 7502-016-041