NOT LISTED FOR SALE

708 Esplanade Redondo Beach, CA 90277

Estimated Value: $3,496,449 - $4,069,000

4 Beds
3.5 Baths
4,330 Sq Ft
$903/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $2,390,000 $552 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $22,706/month

107 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Custom Home
  • Alta Vista Elementary School Rated A+
  • Primary Bedroom Suite
  • Dumbwaiter

About This Home

As of March 2016

Amazing opportunity to purchase a single family residence located along the coastline on the Esplanade! This beautiful beach home is approximately 4,330 square feet with 4 spacious bedrooms, 3.5 bathrooms, and breathtaking ocean views from Palos Verdes to Malibu. The top floor features an amazing great room with an ocean view balcony and fireplace, formal dining room, and a spacious kitchen with Sub-Zero refrigerator and Thermador appliances that opens up to a cozy family room with fireplace. Other features include recessed lighting, crown molding, built-ins throughout, a 3-stop elevator, and a 2-car garage with direct access. Superb location close to the Riviera Village and the Redondo Pier. Walk across the street and be on the beach!

Last Agent to Sell the Property

Vicki Leach

Vista Sotheby’s International Realty License #01341908 Listed on: 10/20/2015

Vista Sotheby’s International Realty

Co-Listed By

Matthieu Reyes

Vista Sotheby’s International Realty License #01903241

Last Buyer's Agent

Raju Chhabria

Chhabria Real Estate Company License #00874072

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Lot Details

  • 4,021 Sq Ft Lot
  • Beach Front

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Custom Home

Interior Spaces

  • 4,330 Sq Ft Home
  • Built-In Features
  • Bar
  • Crown Molding
  • Recessed Lighting
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • White Water Ocean Views

Kitchen

  • Dumbwaiter
  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 7508007006

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

4,021 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7508007006
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4330.00
  • Interior Amenities: Bar, Built-in Features, Balcony, Crown Molding, Dumbwaiter, Elevator, Granite Counters, Living Room Balcony, Recessed Lighting
  • Common Walls: No Common Walls
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 551.96
  • Room Type: Dressing Area, Entry, Family Room, Great Room, Living Room, Master Suite, Walk-In Closet, Two Masters

Exterior Features

  • View: Ocean, White Water
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Appliances: Built-In Range, Dishwasher, Refrigerator
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 4021.00
  • Price Per Lot Square Foot: 594.38
  • Lot Size Acres: 0.0920

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4021.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Front

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2015
Closed on
Feb 11, 2016
Sold by
Pippard Keith and John R Keenan Family Trust
Bought by
Fakhreddine Mohammad A and Davoud Pontea Hakim
Seller's Agent
Vicki Leach
Vista Sotheby’s International Realty
Buyer's Agent
Raju Chhabria
Chhabria Real Estate Company
List Price
$2,599,000
Sold Price
$2,390,000
Premium/Discount to List
-$209,000
-8.04%
Current Estimated Value
$3,910,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,520,612
Avg. Annual Appreciation
5.05%
Original Mortgage
$902,000
Outstanding Balance
$717,185
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,193,427
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fakhreddine Mohammad A $2,390,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fakhreddine Mohammad A $902,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2016 03/10/16 Sold $2,390,000 -8.0% $552 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
10/20/2015 10/20/15 For Sale $2,599,000 -- $600 / 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 $31,445 $2,829,271 $2,130,833 $698,438
2024 $31,445 $2,773,796 $2,089,052 $684,744
2023 $30,857 $2,719,409 $2,048,091 $671,318
2022 $30,396 $2,666,088 $2,007,933 $658,155
2021 $29,679 $2,613,812 $1,968,562 $645,250
2019 $29,056 $2,536,286 $1,910,174 $626,112
2018 $28,351 $2,486,556 $1,872,720 $613,836
2016 $21,364 $1,844,718 $1,371,321 $473,397
2015 $20,970 $2,821,000 $1,700,000 $1,121,000
2014 $20,664 $1,781,419 $1,324,265 $457,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15229655

California Regional Multiple Listing Service (CRMLS)

APN: 7508-007-006

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