NOT LISTED FOR SALE

525 N Lucia Ave Unit A Redondo Beach, CA 90277

Estimated Value: $1,640,000 - $1,821,000

3 Beds
3 Baths
2,052 Sq Ft
$839/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $1,570,000 $765 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,714/month

35 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Neighborhood Views
  • Beryl Heights Elementary School Rated A+
  • Main Floor Bedroom
  • 2 Car Attached Garage

About This Home

As of April 2024

Discover the allure of 525 N Lucia Ave #A, a captivating residence nestled in the heart of South Redondo Beach, California. This spacious home spans 2,052 square feet, offering three bedrooms and 2.5 baths, making it an ideal haven for those seeking comfort and style. Conveniently located near schools in a highly-regarded school district, this residence ensures an excellent educational environment. The home boasts high ceilings, enhancing the feeling of openness and allowing beautiful natural light to fill the interior. Additionally, the property features split units for efficient climate control, adding a modern touch to the living space. This unique combination of comfort, style, and practical amenities makes this home a desirable retreat in the sought-after South Redondo neighborhood.

Last Agent to Sell the Property

Josh Gonzalez

Keller Williams Palos Verdes Brokerage Phone: 310-251-4104 License #02132568 Listed on: 01/05/2024

Keller Williams Palos Verdes

Co-Listed By

Betty Waung

Keller Williams Palos Verdes Brokerage Phone: 310-251-4104 License #01209543

Last Buyer's Agent

Josh Gonzalez

Keller Williams Palos Verdes Brokerage Phone: 310-251-4104 License #02132568 Listed on: 01/05/2024

Keller Williams Palos Verdes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,323

Year Built

  • Built in 2000

Lot Details

  • 6,043 Sq Ft Lot
  • No Common Walls

HOA Fees

  • $147 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • 2 Units
  • 525 N Lucia Avenue Homeowners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7502027057
  • $825 per year additional tax assessments

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,323

Year Built

Built in 2000

Lot Details

0

HOA Fees

$147 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator, Dish Washer , Stove/Oven, Split Units
  • Property Attached: No
  • View: Yes
  • Zoning: RBR-3
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7502027057
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2052.00 Square Feet
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 765.11
  • Room Type: Family Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 147.00
  • Association Fee Frequency: Monthly
  • Association Name: 525 N Lucia Avenue Homeowners Association
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: 525 N Lucia Avenue Homeowners Association

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6043.00
  • Lot Size Acres: 0.1387

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6043.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6212.01
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 825.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Mar 14, 2024
Sold by
Robert Schwartz and Robert Sagit Maier-Schwartz
Bought by
Chen Nan
Seller's Agent
Josh Gonzalez
Keller Williams Palos Verdes
Buyer's Agent
Josh Gonzalez
Keller Williams Palos Verdes
List Price
$1,695,000
Sold Price
$1,570,000
Premium/Discount to List
-$125,000
-7.37%
Views
115
Current Estimated Value
$1,720,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,707
Avg. Annual Appreciation
6.34%
Original Mortgage
$1,256,000
Outstanding Balance
$1,236,147
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$484,560

Purchase Details

Listed on
Mar 2, 2021
Closed on
Mar 9, 2021
Sold by
Thomas A Hoffman And Cleone K Hoffman 19 and Hoffman Thomas A
Bought by
Robert Schwartz And Sagit Maier-Schwartz Revo and Schwartz
Seller's Agent
David Caskey
eXp Realty of California Inc
List Price
$1,299,000
Sold Price
$1,420,000
Premium/Discount to List
$121,000
9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Nov 2, 2020
Sold by
Hoffman Thomas A
Bought by
Hoffman Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2012
Sold by
Hoffman Thomas A and Hoffman Cleone K
Bought by
Hoffman Thomas A and Hoffman Cleone K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,200
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2012
Sold by
Hoffman Thomas A and Hoffman Cleone K
Bought by
Hoffman Thomas A and Hoffman Cleone K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2012
Sold by
Hoffman Thomas A and Hoffman Cleone K
Bought by
Hoffman Thomas A and Hoffman Cleone K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2009
Sold by
Hoffman Thomas A and Hoffman Cleone K
Bought by
Hoffman Thomas A and Hoffman Cleone K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2008
Sold by
Hoffman Thomas A and Hoffman Cleone K
Bought by
Hoffman Thomas A and Hoffman Cleone K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2007
Sold by
Hoffman Thomas A and Hoffman Cleone K
Bought by
Hoffman Thomas A and Hoffman Cleone K

Purchase Details

Closed on
May 25, 2007
Sold by
Thomas A and Hoffman 1997 Revocab Cleone K
Bought by
Hoffman Thomas Anthony and Hoffman Cleone Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2001
Sold by
Thomas A and Hoffman 1997 Revocab Cleone K
Bought by
Hoffman Thomas A and Hoffman Cleone K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.88%

Purchase Details

Closed on
Jul 26, 2000
Sold by
A & A Development Inc
Bought by
Hoffman Thomas A and Hoffman Cleona K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.12%

Purchase Details

Closed on
Apr 29, 1999
Sold by
Garcia Ralph
Bought by
Garcia Ida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
7.51%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 1999
Sold by
Garcia Ida and Ortiz Robert A
Bought by
A & A Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
7.51%
Mortgage Type
Construction
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
Chen Nan $1,570,000 Fidelity National Title
Robert Schwartz And Sagit Maier-Schwartz Revo $1,420,000 Usa National Title
Hoffman Thomas A -- North American Title Company
Hoffman Thomas A -- Lawyers Title Company
Hoffman Thomas A -- Lawyers Title Company
Hoffman Thomas A -- Lawyers Title Company
Hoffman Thomas A -- Lawyers Title Company
Hoffman Thomas A -- Transunion Title Ins Co
Hoffman Thomas A -- None Available
Hoffman Thomas A -- None Available
Hoffman Thomas A -- None Available
Hoffman Thomas Anthony -- Orange Coast Title Company
Hoffman Thomas A -- Lawyers Title Company
Hoffman Thomas A $550,000 Lawyers Title
Garcia Ida -- Lawyers Title Company
A & A Development Inc $370,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Nan $1,256,000
Previous Owner Hoffman Thomas A $393,000
Previous Owner Hoffman Thomas A $354,200
Previous Owner Hoffman Thomas A $357,000
Previous Owner Hoffman Thomas A $377,500
Previous Owner Hoffman Thomas A $343,000
Previous Owner Hoffman Thomas Anthony $337,000
Previous Owner Hoffman Thomas A $254,000
Previous Owner Hoffman Thomas A $252,700
Previous Owner A & A Development Inc $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $1,570,000 -1.8% $765 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/07/2024 02/07/24 Price Changed $1,599,000 -5.7% $779 / Sq Ft
01/20/2024 01/20/24 For Sale $1,695,000 +8.0% $826 / Sq Ft
01/19/2024 01/19/24 Off Market $1,570,000 -- --
01/05/2024 01/05/24 For Sale $1,695,000 +19.4% $826 / Sq Ft
03/23/2021 03/23/21 Sold $1,420,000 +9.3% $631 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $1,299,000 -- $577 / 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 $17,323 $1,601,400 $970,428 $630,972
2024 $17,323 $1,506,913 $973,764 $533,149
2023 $17,003 $1,477,367 $954,671 $522,696
2022 $16,732 $1,448,400 $935,952 $512,448
2021 $5,241 $409,145 $71,999 $337,146
2020 $5,221 $404,950 $71,261 $333,689
2019 $5,100 $397,011 $69,864 $327,147
2018 $4,934 $389,228 $68,495 $320,733
2016 $4,761 $374,116 $65,836 $308,280
2015 $4,680 $368,498 $64,848 $303,650
2014 $4,617 $361,280 $63,578 $297,702
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24002883

California Regional Multiple Listing Service (CRMLS)

APN: 7502-027-057