NOT LISTED FOR SALE

638 Vincent Park Redondo Beach, CA 90277

Estimated Value: $1,884,000 - $2,354,702

4 Beds
3 Baths
2,340 Sq Ft
$880/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $1,800,000 $769 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $13,331/month

Highlights

  • Property is near a park
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Beryl Heights Elementary School Rated A+
  • No HOA
  • 2-minute walk to Vincent Park

About This Home

As of July 2022

Amazing opportunity! 2 separate bungalow style homes on one lot. Lot is zoned R-3, Both homes show pride of ownership. Separate yards for each home. Walking distance to schools and beach, located on a quiet roundabout, with a park in the middle. The front home is a 2 bed 2 bath with a bonus room, which can be used as an office or an additional bedroom. The front home also has an attached 2 car garage. The back home has a private entry to a 2 bed 1 bath unit with a private side and backyard space. This home offers amazing privacy and room to grow for both units, bring your imagination, Air Bnb? Build new homes?, straight rentals, or with rents as high as they are owner occupy this amazing property and rent one of the units out to supplement your income, with close walking proximity to beaches, downtown and schools, this opportunity won't last long.

Last Listed By

Ryan Ferrelli

Ferrelli & Associates License #01426000 Listed on: 06/22/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,627

Year Built

  • Built in 1958

Lot Details

  • 7,593 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2,340 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Property is near a park

Utilities

  • Central Air
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 8055
  • Tax Tract Number 621
  • Assessor Parcel Number 7504009053

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,627

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Townsite of Redondo Beach
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7504009053
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2340.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 769.23
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 7593.00
  • Lot Size Acres: 0.1743
  • Latitude Manual: 33.84355700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7593.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 8055
  • Tax Tract Number: 621...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jun 28, 2022
Sold by
Miller Roger Allan
Bought by
Kuo Ty-Chen and Lu Pei-Yun
Seller's Agent
Ryan Ferrelli
Ferrelli & Associates
Buyer's Agent
Chung Kuo
Chung-Ho Kuo, Broker
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%
Total Days on Market
0
Current Estimated Value
$2,059,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,676
Avg. Annual Appreciation
4.19%
Original Mortgage
$600,000
Outstanding Balance
$577,368
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$1,445,338

Purchase Details

Closed on
Jul 28, 2010
Sold by
Mccrea William James and Mc Crea Michael John
Bought by
Miller Roger Allan and Barboza Marilyn Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Mccrea Mary M and Mccrea Joseph L
Bought by
Mccrea Joseph L

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
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 2, 2005
Sold by
Mccrea Joseph L and Mccrea Family Trust
Bought by
Mccrea Joseph L and Mary M Mccrea Trust

Purchase Details

Closed on
May 31, 2002
Sold by
Mccrea Joseph L and Mccrea Mary M
Bought by
Mccrea Joseph L and Mccrea Mary M

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
6.83%

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
Kuo Ty-Chen $1,800,000 Ticor Title
Miller Roger Allan $845,000 Fidelity National Title Co
Mccrea Joseph L -- --
Mccrea Joseph L -- --
Mccrea Joseph L -- Placer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Roger Allan $600,000
Previous Owner Miller Roger Allan $633,750
Previous Owner Mccrea Joseph L $100,000
Previous Owner Mccrea Joseph L $100,000
Previous Owner Mccrea Joseph L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $1,800,000 -5.0% $769 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $1,895,000 -- $810 / 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
2024 $21,627 $1,836,000 $1,224,000 $612,000
2023 $21,233 $1,800,000 $1,200,000 $600,000
2022 $12,495 $1,020,145 $603,637 $416,508
2021 $12,216 $1,000,143 $591,801 $408,342
2020 $12,182 $989,888 $585,733 $404,155
2019 $11,896 $970,480 $574,249 $396,231
2018 $11,494 $951,452 $562,990 $388,462
2016 $11,118 $914,508 $541,129 $373,379
2015 $10,922 $900,772 $533,001 $367,771
2014 $10,764 $883,128 $522,561 $360,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22135337

California Regional Multiple Listing Service (CRMLS)

APN: 7504-009-053