NOT LISTED FOR SALE

498 1/2 Palos Verdes Blvd Unit 1 Redondo Beach, CA 90277

Riviera Neighborhood

Estimated Value: $1,497,245 - $1,630,000

3 Beds
6 Baths
1,905 Sq Ft
$818/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • Private Pool
  • Property is near a park
  • Riviera Elementary School Rated A
  • 2.02 Acre Lot
  • 2 Car Direct Access Garage

About This Home

As of November 2013

Enjoy the Riviera lifestyle in this Ocean view town home located in newly renovated and most sought after Village Palos Verdes complex. Extremely quiet neighborhood. Exterior has new siding, insulation, roofs, windows, balconies, railings and garage door. End unit with 3 bedrooms and an extra large bonus room. Unit is in pristine condition. New interior paint throughout. New ac/heater, dishwasher and water heater. Living room w/ fireplace, vaulted ceilings and balcony. Master bedroom with beamed ceilings, large walk-in closet and sliding glass door leading to top balcony w/ ocean views. Two other bedrooms have coastline,city and mountain views. Large windows and Balconies on all floors, Bonus room downstairs perfect for office, gym, playroom or man cave w/ sliding glass door leading to outside patio. Extra storage under stairs. Washer and dryer included in extra large 2 car garage. Unit centrally located with easy access to extra curb side parking for guests. Complex includes two pools with spas. Walking distance to beach, restaurants, trails and schools. No pets and no smoking anywhere in the complex or unit. No water furniture or Aquariums. Tenant to carry renters insurance and abide by the rules and regulations of the Village Palos Verdes association.

Last Agent to Rent the Property

Jackie Toubes

Keller Williams Palos Verdes License #01265581 Listed on: 09/28/2013

Keller Williams Palos Verdes

Last Renter's Agent

Jackie Toubes

Keller Williams Palos Verdes License #01265581 Listed on: 09/28/2013

Keller Williams Palos Verdes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,323

Year Built

  • Built in 1974

Lot Details

  • 2.02

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • City Lights
  • Mountain

Interior Spaces

  • 1,905 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Private Pool
  • 1 Common Wall
  • Property is near a park
  • Central Air

Listing and Financial Details

  • Security Deposit $6,000
  • Rent includes association dues, gardener, pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Tax Lot 1
  • Assessor Parcel Number 7512010008

Community Details

Overview

  • Property has a Home Owners Association
  • 180 Units

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,323

Year Built

Built in 1974

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Security: 6000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Village Palos Verdes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 7512010008
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1905.00
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1.89
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights, Coastline, Mountain(s), Ocean, Water, White Water
  • Pool Features: Association
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 88066.00
  • Lot Size Acres: 2.0220

Multi Family

  • First Repairs: 75
  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 88066.0000 Square Feet
  • Number Of Units In Community: 180
  • Number Of Units Total: 180
  • Rent Includes: Association Dues, Gardener, Pool, Trash Collection, Water

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2015
Sold by
Toubes Jacqueline Y and Jacqueline Y Toubes Trust
Bought by
Collins Michael and Sahin Collins Melis
Current Estimated Value
$1,553,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$473,792
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,085,269

Purchase Details

Closed on
Aug 8, 2013
Sold by
Toubes Jacqueline Y
Bought by
Toubes Jacqueline Y and Jacqueline Y Toubes Trust

Purchase Details

Closed on
Jan 16, 2003
Sold by
Roman Lawrence L and Estate Of Gehre M Small
Bought by
Toubes Jacqueline Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
5.25%
Source: Public Records

Range of Values:

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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
Collins Michael $775,000 Pacific Coast Title
Toubes Jacqueline Y -- None Available
Toubes Jacqueline Y $490,000 California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Michael $620,000
Previous Owner Toubes Jacqueline Y $438,500
Previous Owner Toubes Jacqueline Y $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2013 11/29/13 Rented $3,600 0.0% --
11/09/2013 11/09/13 Under Contract -- -- --
09/28/2013 09/28/13 For Rent $3,600 -- --
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 $10,323 $931,422 $592,988 $338,434
2024 $10,323 $913,160 $581,361 $331,799
2023 $10,132 $895,256 $569,962 $325,294
2022 $9,997 $877,703 $558,787 $318,916
2021 $9,862 $860,494 $547,831 $312,663
2019 $9,574 $834,974 $531,583 $303,391
2018 $9,315 $818,603 $521,160 $297,443
2016 $8,901 $786,818 $500,924 $285,894
2015 $6,652 $590,482 $378,032 $212,450
2014 $6,478 $578,916 $370,627 $208,289
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV13198207

California Regional Multiple Listing Service (CRMLS)

APN: 7512-010-008