NOT LISTED FOR SALE

509 S Lucia Ave Redondo Beach, CA 90277

Estimated Value: $5,227,989 - $6,485,000

6 Beds
7 Baths
6,346 Sq Ft
$898/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $4,255,000 $671 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $34,334/month

6 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Sauna
  • Alta Vista Elementary School Rated A+
  • In Ground Pool
  • Primary Bedroom Suite

About This Home

As of March 2021

Newly constructed in 2018. This modern South Redondo home is your ultimate "staycation" destination, with resort-style amenities. The gourmet kitchen features a custom island w/stone counters, reclaimed wood accents, Thermador appliances, butler's prep kitchen & pantry. The open floorplan offers a dining area, living room & wet bar w/LaCantina folding doors leading to the outdoor living spaces. Off of the 3-car garage, is a mudroom w/a shower; ideal for essential employees, as you can rinse off before entering living quarters. If stairs are a problem, your elevator will take you to the 2nd story & a rooftop deck with w/breathtaking views. The upstairs space has a laundry room & an open concept family room w/a fireplace that can also be a gaming area. The master bedroom has a fireplace & folding doors that lead to a wrap-around balcony with w/a spiral staircase. An en-suite bathroom has a soaking tub, shower, dry sauna & walk-in closet. A detached Casita is perfect for multigenerational families, weekend guests, a home gym, or a private office (sitting area, bedroom, and full bath). Outdoor lovers can relish in the 10,936 SF lot w/a pool & spa, built-in BBQ, gas fire pit/fireplace, outdoor TV, 3 patio heaters & a fenced artificial turf area for dog lovers. Other upgrades include smart home tech (control 4- lights, cameras, TV, speakers), in/outdoor Arlo cameras, wine cellar, A/C, whole house water filtration system, central vac, custom shades, outdoor shower and so much more!

Last Agent to Sell the Property

Stephanie Hart

Forecast Realty Inc. License #01338444 Listed on: 12/16/2020

Co-Listed By

Jeremy Hart

Forecast Realty Inc. License #01806300

Last Buyer's Agent

Gary Nettleingham

Coldwell Banker Realty License #01398615

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,704

Year Built

  • Built in 2018

Lot Details

  • 0.25 Acre Lot
  • Landscaped
  • Back Yard
  • Property is zoned RBR-1

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Ocean
  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Wood Siding
  • Stucco

Interior Spaces

  • 6,346 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • See Through Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Storage
  • Sauna
  • Wood Flooring
  • Smart Home

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / 47
  • Tax Tract Number 10019
  • Assessor Parcel Number 7507016011

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,704

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RBR-1
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7507016011
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6346.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Home Automation System, Open Floorplan, Pantry, Stone Counters, Storage, Tray Ceiling(s), Vacuum Central, Wet Bar, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom, Outside, Fire Pit, See Through
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 670.50
  • Room Type: Bonus Room, Living Room, Main Floor Bedroom, Master Suite, Sauna, Separate Family Room
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Guest House Detached
  • Exterior Features: Lighting
  • View: City Lights, Hills, Neighborhood, Ocean
  • Patio And Porch Features: Concrete, Covered, Deck, Patio Open
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Landscaped, Lot 10000-19999 Sqft, Rocks
  • Lot Size Sq Ft: 10936.00
  • Lot Size Acres: 0.2511

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10936.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 47
  • Tax Census Tract: 6213.01
  • Tax Lot: 11
  • Tax Tract Number: 10019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Jan 22, 2021
Sold by
Lemus Property Investments Llc
Bought by
Lalwani Nitin and Vyas Sonali
Seller's Agent
Stephanie Hart
Forecast Realty Inc.
Buyer's Agent
Gary Nettleingham
Coldwell Banker Realty
List Price
$3,999,000
Sold Price
$4,255,000
Premium/Discount to List
$256,000
6.4%
Current Estimated Value
$5,695,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,440,747
Avg. Annual Appreciation
6.56%
Original Mortgage
$2,369,250
Outstanding Balance
$2,114,192
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,581,555

Purchase Details

Closed on
Dec 30, 2020
Sold by
Lemus Property Investments Llc
Bought by
Nitin Lalwani And Sonali Vyas Living Trust and Lalwani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,369,250
Outstanding Balance
$2,114,192
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,581,555

Purchase Details

Listed on
Mar 20, 2019
Closed on
Jul 1, 2019
Sold by
Lemus Gina
Bought by
Lemus Wagner A
Seller's Agent
Jerry Carew
REMAX AEGIS
Buyer's Agent
Stephanie Hart
Forecast Realty Inc.
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 20, 2019
Closed on
Jun 28, 2019
Sold by
Lemus Wagner A
Bought by
Lemus Property Investments Llc
Seller's Agent
Jerry Carew
REMAX AEGIS
Buyer's Agent
Stephanie Hart
Forecast Realty Inc.
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 8, 2019
Sold by
Aatari Inc
Bought by
Lemus Wagner A
Seller's Agent
Jerry Carew
REMAX AEGIS
Buyer's Agent
Stephanie Hart
Forecast Realty Inc.
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 7, 2019
Sold by
Sharghi Amir Aatari and Amir Aatari Sharghi Trust
Bought by
Aatari Inc
Seller's Agent
Jerry Carew
REMAX AEGIS
Buyer's Agent
Stephanie Hart
Forecast Realty Inc.
List Price
$3,995,000
Sold Price
$3,850,000
Premium/Discount to List
-$145,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 2018
Sold by
Aatari Inc
Bought by
Sharghi Amir Aatari and Amir Aatari Sharghi Trust

Purchase Details

Closed on
Feb 10, 2017
Sold by
Boesen Ivestment & Consulting Corp
Bought by
Aatari Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2016
Sold by
Pine Alfred
Bought by
Boesen Investment & Consulting Corporati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2007
Sold by
Pine Alfred and Pine Barbara Fay
Bought by
Pine Alfred
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
Lalwani Nitin $4,255,000 Ticor Title Company
Nitin Lalwani And Sonali Vyas Living Trust $4,255,000 Ticor Title
Lemus Wagner A -- Usa National Title Co
Lemus Property Investments Llc -- Usa National Title
Lemus Wagner A $3,850,000 Usa National Title Company
Aatari Inc -- Usa National Title Co
Sharghi Amir Aatari -- None Available
Aatari Inc -- Accommodation
Boesen Investment & Consulting Corporati $1,300,000 Usa National Title Company
Pine Alfred -- None Available
Pine Alfred -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lalwani Nitin $2,369,250
Previous Owner Nitin Lalwani And Sonali Vyas Living Trust $2,369,250
Previous Owner Lemus Wagner A $3,000,000
Previous Owner Boesen Investment & Consulting Corporati $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2021 03/02/21 Sold $4,255,000 +6.4% $671 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $3,999,000 -6.0% $630 / Sq Ft
12/15/2020 12/15/20 Off Market $4,255,000 -- --
07/03/2019 07/03/19 Sold $3,850,000 -3.6% $611 / Sq Ft View Prior Sale
05/03/2019 05/03/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $3,995,000 -- $634 / 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 $50,704 $4,605,745 $2,496,087 $2,109,658
2024 $50,704 $4,515,438 $2,447,145 $2,068,293
2023 $49,746 $4,426,901 $2,399,162 $2,027,739
2022 $49,028 $4,340,100 $2,352,120 $1,987,980
2021 $43,838 $3,889,886 $2,222,792 $1,667,094
2020 $43,881 $3,850,000 $2,200,000 $1,650,000
2019 $44,329 $3,900,000 $1,243,000 $2,657,000
2018 $15,405 $1,326,000 $1,326,000 $0
2016 $1,561 $76,785 $67,080 $9,705
2015 $1,542 $75,633 $66,073 $9,560
2014 $1,532 $74,152 $64,779 $9,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20245477

California Regional Multiple Listing Service (CRMLS)

APN: 7507-016-011