NOT LISTED FOR SALE

706 Elvira Ave Unit A Redondo Beach, CA 90277

Estimated Value: $2,541,000 - $2,586,000

5 Beds
3 Baths
2,743 Sq Ft
$936/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $2,125,000 $775 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $15,671/month

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Alta Vista Elementary School Rated A+
  • Rooftop Deck
  • Updated Kitchen

About This Home

As of September 2021

Ideally situated within easy walking distance to the beach and nearby Hollywood Riviera's boutique shops and exciting restaurant scene, this 5 bedroom/3 bath front unit 2-on-a-lot townhome is your opportunity to enjoy the Southern California coastal lifestyle at its best! The traditional floor plan features an expansive great room with fireplace and vaulted/beamed ceiling, adjacent wet bar with wine fridge, and open space formal dining area. Newly remodeled chef's gourmet kitchen features quartz countertops, stainless steel appliances including a 6 burner Capital stove with two ovens, built-in warming drawer, Thermador refrigerator, and built-in espresso machine, as well as a custom glass tile backsplash, large walk-in pantry, and breakfast bar countertop. The main floor also includes a 3/4 bath/powder room and versatile 5th bedroom that could be an at home office or playroom. The remaining 4 bedrooms are located upstairs along with the laundry room which has a sink and storage closet. A full bath with double sink and skylight services three of the 2nd floor bedrooms. The oversized master suite features a balcony which faces towards the ocean and a dual sided fireplace between the master bedroom and master bathroom. The master bathroom has a separate spa tub and shower and built-in vanity area. 2nd floor stairs lead up to the rooftop deck with a built-in sitting area/bar, and panoramic views of Palos Verdes and the coastline. Attached two car garage has plenty of storage and direct access into the home. Front yard patio is perfect for indoor/outdoor entertaining. Now's your chance to make that dream come true - don't dream the dream, live the dream!!

Last Agent to Sell the Property

Sloane Sanders

Compass License #01899835 Listed on: 07/29/2021

Compass

Co-Listed By

Kathleen Cartier

Compass License #00874556

Last Buyer's Agent

Susan Boettner

Vista Sotheby’s International Realty License #00800398

Vista Sotheby’s International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $25,201

Year Built

  • Built in 2003

Lot Details

  • 7,450 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Front Yard Sprinklers

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Driveway Up Slope From Street
  • Shared Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,743 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Two Way Fireplace
  • See Through Fireplace
  • Shutters
  • Window Screens
  • French Doors
  • Entryway
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Ocean Views
  • Intercom

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Fireplace in Bathroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8055
  • Assessor Parcel Number 7508016039

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$25,201

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer/Dryer, Kitchen, Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: RBR-2
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7508016039
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2743.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Intercom, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Sunken Living Room, Wet Bar
  • Stories: 2
  • Entry Location: First Floor
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Bath, Living Room, Master Bedroom, See Through, Two Way
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 774.70
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Window Features: Screens, Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Separate Tub And Shower, Stone Counters
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • View: Ocean
  • Patio And Porch Features: Enclosed, Roof Top, Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Paved, Driveway Up Slope From Street, Garage, Garage Faces Side, Garage - Single Door, Shared Driveway, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Disposal, Microwave, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Inside, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 7450.00
  • Lot Size Acres: 0.1710
  • Latitude Manual: 33.83039600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7450.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6213.24
  • Tax Lot: 1
  • Tax Tract Number: 8055

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 4, 2021
Sold by
Pace Francesco Giuseppe and Pace Andrea Bernade
Bought by
Arrieta Michael and Arrieta Julianne
Seller's Agent
Sloane Sanders
Compass
Buyer's Agent
Susan Boettner
Vista Sotheby’s International Realty
List Price
$1,949,000
Sold Price
$2,125,000
Premium/Discount to List
$176,000
9.03%
Current Estimated Value
$2,567,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,222
Avg. Annual Appreciation
4.68%
Original Mortgage
$1,700,000
Outstanding Balance
$1,541,145
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,026,077

Purchase Details

Closed on
Aug 27, 2019
Sold by
Panozzo Thomas L and Panozzo Cynthia A
Bought by
Pace Francesco Giuseppe and Pace Andrea Bernadette Cuevas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2013
Closed on
Nov 5, 2013
Sold by
Catlin Brian K
Bought by
Panozzo Thomas L and Panozzo Cynthia A
Seller's Agent
Al D'Amico
Keller Williams Palos Verdes
Buyer's Agent
Al D'Amico
Keller Williams Palos Verdes
List Price
$1,325,000
Sold Price
$1,250,000
Premium/Discount to List
-$75,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$800,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2003
Sold by
Elvira Townhomes Development Llc
Bought by
Catlin Brian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.89%
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
Arrieta Michael $2,125,000 Lawyers Title
Pace Francesco Giuseppe $1,500,000 Lawyers Title Company
Panozzo Thomas L $1,250,000 Fidelity National Title Co
Catlin Brian K $870,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arrieta Michael $1,700,000
Previous Owner Pace Francesco Giuseppe $1,200,000
Previous Owner Panozzo Thomas L $800,000
Previous Owner Catlin Brian K $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2021 09/03/21 Sold $2,125,000 +9.0% $775 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $1,949,000 +55.9% $711 / Sq Ft
12/05/2013 12/05/13 Sold $1,250,000 -3.8% $456 / Sq Ft View Prior Sale
09/16/2013 09/16/13 Price Changed $1,299,999 -1.9% $474 / Sq Ft
07/30/2013 07/30/13 For Sale $1,325,000 -- $483 / 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 $25,201 $2,255,066 $1,379,570 $875,496
2024 $25,201 $2,210,850 $1,352,520 $858,330
2023 $24,732 $2,167,500 $1,326,000 $841,500
2022 $24,357 $2,125,000 $1,300,000 $825,000
2021 $17,543 $1,515,539 $1,019,756 $495,783
2019 $16,086 $1,373,643 $926,166 $447,477
2018 $15,661 $1,346,709 $908,006 $438,703
2016 $15,164 $1,294,416 $872,748 $421,668
2015 $14,887 $1,274,974 $859,639 $415,335
2014 $14,673 $1,250,000 $842,800 $407,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21165421

California Regional Multiple Listing Service (CRMLS)

APN: 7508-016-039