NOT LISTED FOR SALE

700 Rita St Redondo Beach, CA 90277

Estimated Value: $1,430,000 - $1,684,000

2 Beds
2 Baths
1,168 Sq Ft
$1,338/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2021

Last sale price $1,250,000 $1,070 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,554 / mo

12 Days on Market

Highlights

  • Panoramic View
  • Recreation Room
  • Wood Flooring
  • Alta Vista Elementary School Rated A+
  • Traditional Architecture
  • 5-minute walk to Alta Vista Park

About This Home

As of August 2021

Fantastic opportunity to own a buildable corner lot in South Redondo Beach. Ideal investment property with a small amount of upgrading or move-in and upgrade as you go. Family owned for 57 years. Two bedroom two bath with family room/den (+ kitchenette) over 2 car garage. Original hardwood floors throughout. All dual paned/vinyl windows except family room. Family room/den opens to sunny patio and nice gated yard with SW exposure. One block to Alta Vista Park w/ tennis, baseball, soccer and wonderful playground. One block to award winning Alta Vista School. Minutes to beaches, RB Pier and shopping. Sold in its' present condition. 2nd story with potential ocean views. Home sits up from street on a slightly elevated lot. Nice west facing yard and patio. Family room could be ideal ADU or office and has small kitchenette. Fix up to live in or rent out or build a new view home in theis lovely neighborhood.

Last Agent to Sell the Property

Ross Cohan

Beach City Brokers License #00785023 Listed on: 05/28/2021

Beach City Brokers

Co-Listed By

Nick Cohan

Beach City Brokers License #02064578

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,312 Sq Ft Lot
  • Block Wall Fence
  • Corner Lot
  • Property is zoned RBR-1

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • City Lights

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Separate Family Room
  • Living Room
  • Den
  • Recreation Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • Alta Vista Elementary School
  • Parras Middle School
  • Redondo Union High School

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 48
  • Tax Tract Number 10019
  • Assessor Parcel Number 7507015001

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

5,312 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: RBR-1
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7507015001
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1168.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1070.21
  • Room Type: Den, Family Room, Living Room, Recreation, Separate Family Room
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: City Lights, Panoramic
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Alta Vista
  • High School: Redondo Union
  • Middle Or Junior School: Parras
  • Elementary School #2: ALTVIS
  • High School2: REDUNI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5312.00
  • Lot Size Acres: 0.1219

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5312.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 48
  • Tax Census Tract: 6213.01
  • Tax Lot: 1
  • Tax Tract Number: 10019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Current Estimated Value
$1,563,182

Purchase Details

Closed on
Jun 14, 2021
Sold by
Ernestine Herbert L and Ernestine Drake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2017
Sold by
Drake Ernestine
Bought by
Drake Ernestine and The Herbert L Drake Sr & Ernes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- -- None Listed On Document
-- $1,195,454 Chicago Title
Drake Ernestine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $1,250,000 0.0% $1,070 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $1,250,000 -- $1,070 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,187 $1,326,510 $1,061,208 $265,302
2024 $15,187 $1,300,500 $1,040,400 $260,100
2023 $14,911 $1,275,000 $1,020,000 $255,000
2022 $14,672 $1,250,000 $1,000,000 $250,000
2021 $1,824 $90,998 $72,909 $18,089
2020 $1,799 $90,066 $72,162 $17,904
2019 $1,752 $88,301 $70,748 $17,553
2018 $1,658 $86,570 $69,361 $17,209
2016 $1,595 $83,210 $66,668 $16,542
2015 $1,576 $81,961 $65,667 $16,294
2014 $1,562 $80,356 $64,381 $15,975
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21110960

California Regional Multiple Listing Service (CRMLS)

APN: 7507-015-001

Your Personal Tour Guide

Ask me questions while you tour the home.