NOT LISTED FOR SALE

507 El Redondo Ave Unit 2 Redondo Beach, CA 90277

Estimated Value: $1,731,000 - $2,500,000

4 Beds
3.5 Baths
3,136 Sq Ft
$639/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $1,225,000 $391 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $12,373/month

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • 11,991 Sq Ft lot
  • Beryl Heights Elementary School Rated A+
  • Updated Kitchen
  • 3-minute walk to Vincent Park

About This Home

As of November 2017

SPECTACULAR ONE OF KIND 3136 SQFT HOME IN HEART OF SOUTH REDONDO!

This is a one of a kind 4 bed 3 1/2 ba 3136 sqft completely remodeled home in the heart of South Redondo Beach. Walking distance to Parra Middle School and Redondo Union High School! Beautiful voluminous, natural lighting, high beamed ceilings in the living room and master bedroom. Fireplaces in the living room and master bedroom. New floors, New tile, New quartz counter tops, New island kitchen, Designer lighting, Designer window treatments, Designer hardware. There is recessed lighting, sun room in the master, 2 car attached garage. Abundance of Storage space, private backyard with firepit. Lower portion has a kitchenette, one bedroom, one bath, extra family room that can be used as an office or bedroom. Perfect for in laws/guest. Must see to fully appreciate!!

Last Agent to Rent the Property

William Mar

Strand Hill Properties License #01784111 Listed on: 09/25/2017

Last Renter's Agent

William Mar

Strand Hill Properties License #01784111 Listed on: 09/25/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,537

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Copper Plumbing

Interior Spaces

  • 3,136 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Storage
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Security Deposit $9,000
  • Rent includes gardener, trash collection
  • 12-Month Minimum Lease Term
  • Available 10/1/17
  • Tax Lot 1
  • Tax Tract Number 8055
  • Assessor Parcel Number 7504013106

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,537

Year Built

Built in 1986

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-10-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 9000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Zoning: RBR3*
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 7504013106
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3136.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Copper Plumbing Full, Open Floorplan, Stone Counters, Storage, Unfurnished
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Ell, Family Kitchen
  • Fireplace Features: Living Room, Master Bedroom, Gas
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1.88
  • Room Type: All Bedrooms Up, Guest/Maid's Quarters, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11991.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Census Tract: 6212.01
  • Tax Lot: 1
  • Tax Tract Number: 8055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2021
Sold by
Sung James and Gong Melanie Kwock
Bought by
Sung James and Gong Melanie Kwock
Current Estimated Value
$2,005,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2017
Closed on
Nov 13, 2017
Sold by
Sung James and Gong Melanie Kwock
Bought by
Sung James and Gong Melanie Kwock
Seller's Agent
William Mar
Strand Hill Properties
Buyer's Agent
William Mar
Strand Hill Properties
Sold Price
$5,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%

Purchase Details

Listed on
Apr 11, 2017
Closed on
Sep 7, 2017
Sold by
Hacienda Equity Corporation
Bought by
Sung James and Gong Melanie K
Seller's Agent
Joseph Gobert
SO CAL REALTORS
Buyer's Agent
Joseph Gobert
SO CAL REALTORS
List Price
$1,375,000
Sold Price
$1,225,000
Premium/Discount to List
-$150,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2016
Sold by
Stein Cheryl A
Bought by
Hacienda Equity Corporation

Purchase Details

Closed on
Jul 26, 1994
Sold by
California Federal Bank Fsb
Bought by
Stein Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
8.8%

Purchase Details

Closed on
Feb 10, 1994
Sold by
Cal Fed Service Corp
Bought by
California Federal Bank Fsb
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
Sung James -- Amrock Llc
Sung James -- Amrock Llc
Sung James -- None Available
Sung James $1,225,000 Ticor Title Co
Hacienda Equity Corporation $825,000 Ticor Title Company
Stein Cheryl A $312,000 Chicago Title Company
California Federal Bank Fsb $302,833 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Sung $400,000
Closed Sung James $595,000
Closed Sung James $636,000
Previous Owner Stein Cheryl A $531,000
Previous Owner Stein Cheryl A $531,000
Previous Owner Stein Cheryl A $20,000
Previous Owner Stein Cheryl A $490,000
Previous Owner Stein Cheryl A $46,000
Previous Owner Stein Cheryl A $336,000
Previous Owner Stein Cheryl A $280,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2017 11/18/17 Off Market $5,700 -- --
11/17/2017 11/17/17 Rented $5,900 +3.5% --
11/01/2017 11/01/17 Price Changed $5,700 -3.4% $2 / Sq Ft
09/25/2017 09/25/17 For Rent $5,900 0.0% --
09/14/2017 09/14/17 Sold $1,225,000 -3.9% $391 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/05/2017 07/05/17 Price Changed $1,275,000 -3.8% $407 / Sq Ft
06/27/2017 06/27/17 Price Changed $1,324,950 -1.9% $422 / Sq Ft
06/05/2017 06/05/17 Price Changed $1,349,950 -1.8% $430 / Sq Ft
05/04/2017 05/04/17 For Sale $1,375,000 +12.2% $438 / Sq Ft
04/22/2017 04/22/17 Off Market $1,225,000 -- --
04/11/2017 04/11/17 For Sale $1,375,000 -- $438 / 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 $15,537 $1,393,835 $1,042,818 $351,017
2024 $15,537 $1,366,506 $1,022,371 $344,135
2023 $15,251 $1,339,713 $1,002,325 $337,388
2022 $15,047 $1,313,445 $982,672 $330,773
2021 $14,718 $1,287,692 $963,404 $324,288
2019 $14,433 $1,249,500 $934,830 $314,670
2018 $14,074 $1,225,000 $916,500 $308,500
2017 $14,674 $1,200,000 $900,000 $300,000
2016 $5,336 $442,687 $203,890 $238,797
2015 $5,241 $436,039 $200,828 $235,211
2014 $5,178 $427,499 $196,895 $230,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17220943

California Regional Multiple Listing Service (CRMLS)

APN: 7504-013-106