NOT LISTED FOR SALE

623 Paseo de la Playa Redondo Beach, CA 90277

Riviera Neighborhood

Estimated Value: $4,497,409 - $8,362,000

4 Beds
3.5 Baths
3,058 Sq Ft
$1,930/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $2,625,000 $858 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $35,084/month

27 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Primary Bedroom Suite
  • Riviera Elementary School Rated A
  • Sauna
  • 0.5 Acre Lot

About This Home

As of February 2013

Sweeping ocean views...the soothing sounds of the ocean...breathtaking sunsets...just a few unique features offered in this stunning ocean front Hollywood Riviera home. Welcome to the very best in luxury Southern California coastal living. For the discriminating buyer we are proud to present this magnificent opportunity to live ocean front in a showcase location and enjoy the beauty and tranquility that only such a rare home can offer. Perched high upon the bluff, the home enjoys endless ocean views from Palos Verdes to Santa Monica and Malibu and this spectacular property extends all the way to the beach on an oversized 21,659 foot lot. The home had been undergoing a complete remodel and with the majority of the work already completed. Features include new stone flooring, new windows, doors and sliders to take full advantage of the spectacular views, open beamed ceilings, new tile roof, new kitchen with granite counters, stainless appliances and custom cabinetry, new heating system, sauna, backlit alabaster stairs and much more. The last oceanfront home on Paseo De La Playa recently sold over $3.3M and is now undergoing a complete remodel. Priced at $2,950,000, 623 Paseo De La Playa offers an incredible opportunity for the home buyer looking for it all.

Last Agent to Sell the Property

Keith Kyle

Vista Sotheby’s International Realty License #01712785 Listed on: 01/03/2013

Vista Sotheby’s International Realty

Last Buyer's Agent

Keith Kyle

Vista Sotheby’s International Realty License #01712785 Listed on: 01/03/2013

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,800

Year Built

  • Built in 1962 | Under Construction

Lot Details

  • 0.5 Acre Lot
  • Beach Front
  • Block Wall Fence

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Harbor
  • Views of a pier
  • Panoramic
  • City Lights
  • Bluff

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,058 Sq Ft Home
  • Double Pane Windows
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Sauna
  • Eat-In Kitchen
  • Stone Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 151
  • Tax Tract Number 18379
  • Assessor Parcel Number 7512001009

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,800

Year Built

Built in 1962 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled, Under Construction
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7512001009
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3058.00
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Area
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 858.40
  • Room Type: Foyer, Living Room, Master Bedroom, Master Suite, Separate Family Room
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Combination
  • Other Structures: Sauna Private
  • View: City Lights, Coastline, Harbor, Marina, Ocean, Panoramic, Pier, Water, White Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Torrance Unified

Lot Info

  • Lot Features: Bluff
  • Lot Size Sq Ft: 21659.00
  • Lot Size Acres: 0.4970

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21659.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Front

Tax Info

  • Tax Lot: 151
  • Tax Tract Number: 18379

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2013
Closed on
Apr 18, 2013
Sold by
Speroni Thomas
Bought by
Speroni Thomas M and Speroni Dawn N
Seller's Agent
Keith Kyle
Vista Sotheby’s International Realty
Buyer's Agent
Keith Kyle
Vista Sotheby’s International Realty
List Price
$2,950,000
Sold Price
$2,625,000
Premium/Discount to List
-$325,000
-11.02%
Current Estimated Value
$5,902,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,277,852
Avg. Annual Appreciation
6.60%

Purchase Details

Listed on
Jan 3, 2013
Closed on
Feb 14, 2013
Sold by
Speroni Dawn
Bought by
Speroni Thomas
Seller's Agent
Keith Kyle
Vista Sotheby’s International Realty
Buyer's Agent
Keith Kyle
Vista Sotheby’s International Realty
List Price
$2,950,000
Sold Price
$2,625,000
Premium/Discount to List
-$325,000
-11.02%

Purchase Details

Listed on
Jan 3, 2013
Closed on
Jan 17, 2013
Sold by
Stern Zvi
Bought by
Speroni Thomas
Seller's Agent
Keith Kyle
Vista Sotheby’s International Realty
Buyer's Agent
Keith Kyle
Vista Sotheby’s International Realty
List Price
$2,950,000
Sold Price
$2,625,000
Premium/Discount to List
-$325,000
-11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 27, 2003
Sold by
Bernstein Donna Wright and Wright Jay G
Bought by
Stern Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Speroni Thomas M -- None Available
Speroni Thomas -- Usa National Title
Speroni Thomas $2,625,000 Usa National Title
Stern Paul $125,000 --
Stern Paul $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speroni Family Revocable Livin $3,500,000
Closed Speroni Thomas M $3,856,000
Closed Speroni Thomas M $1,286,200
Closed Speroni Thomas M $1,500,000
Previous Owner Stern Zvi $140,000
Previous Owner Stern Paul $250,000
Previous Owner Stern Paul $100,000
Previous Owner Stern Paul $1,000,000
Previous Owner Stern Paul $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2013 02/26/13 Sold $2,625,000 -11.0% $858 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $2,950,000 +12.4% $965 / Sq Ft
12/24/2012 12/24/12 Off Market $2,625,000 -- --
12/20/2012 12/20/12 For Sale $2,950,000 -- $965 / 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 $35,800 $3,246,456 $2,863,065 $383,391
2024 $35,800 $3,182,801 $2,806,927 $375,874
2023 $35,124 $3,120,394 $2,751,890 $368,504
2022 $34,658 $3,059,211 $2,697,932 $361,279
2021 $34,124 $2,999,228 $2,645,032 $354,196
2019 $33,126 $2,910,272 $2,566,580 $343,692
2018 $32,246 $2,853,208 $2,516,255 $336,953
2016 $30,731 $2,730,617 $2,418,547 $312,070
2015 $30,065 $2,689,602 $2,382,219 $307,383
2014 $29,838 $2,636,917 $2,335,555 $301,362
Source: Public Records

Agents Affiliated with this Home

  • Keith Kyle

    Seller's Agent in 2013

    Keith Kyle

    Vista Sotheby’s International Realty

    (310) 251-2344

    2 in this area

    37 Total Sales

    Keith Kyle
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12152840

California Regional Multiple Listing Service (CRMLS)

APN: 7512-001-009

California Los Angeles County Redondo Beach 90277 Riviera

623 Paseo de la Playa, Redondo Beach, CA

This home is located at 623 Paseo de la Playa, Redondo Beach, CA 90277 since 03 January 2013 and is currently estimated at $5,902,852, approximately $1,930 per square foot. This property was built in 1962. 623 Paseo de la Playa is a home located in Los Angeles County with nearby schools including Riviera Elementary School, Edward J. Richardson Middle School, and South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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