NOT LISTED FOR SALE

708 Rita St Redondo Beach, CA 90277

Estimated Value: $1,602,000 - $1,787,199

3 Beds
2 Baths
1,212 Sq Ft
$1,392/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2020

Last sale price $1,265,000 $1,044 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,238 / mo

6 Days on Market

Highlights

  • Lawn
  • No HOA
  • Living Room
  • Alta Vista Elementary School Rated A+
  • Views
  • Laundry Room

About This Home

As of December 2020

Oversized 7,840' (45 x 173) relatively flat lot owned by the same family who bought it in 1948. Fantastic Palos Verdes views looking South and potential ocean views from 2nd story and rooftop deck. Peaceful & quiet one block-long street with many large homes and sunny South facing lot to build your dream home or fix up the existing home. Ideal investment property with a small amount of upgrading. Detached 2 car garage and workshop or office on backside of garage. Long gated driveway. Huge backyard with all kinds of room for home expansion, gardens, pool, etc.
One block to Alta Vista Park w/ tennis, baseball, soccer and wonderful playground. 5 minutes to beaches, Pier and shopping. Very seldom does an opportunity like this come along. Sold in its' present condition.

Last Agent to Sell the Property

Ross Cohan

Beach City Brokers License #00785023 Listed on: 11/10/2020

Beach City Brokers

Last Buyer's Agent

Robert Vanbeveran

Elite Homes Realty License #01186352

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 7,840 Sq Ft Lot
  • Level Lot
  • Lawn
  • Property is zoned RBR-1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Utility Room
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 48
  • Tax Tract Number 10019
  • Assessor Parcel Number 7507015005

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

7,840 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RBR-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7507015005
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1212.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1043.73
  • Room Type: Living Room, Utility Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street, Level
  • Lot Size Sq Ft: 7840.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7840.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 48
  • Tax Census Tract: 6213.01
  • Tax Lot: 5
  • Tax Tract Number: 10019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2012
Sold by
Johnson Ray Allan and Johnson Kathleen Rose
Bought by
Johnson Ray Allan and Flores Elena
Current Estimated Value
$1,687,550

Purchase Details

Closed on
Dec 15, 2003
Sold by
Johnson Beverly B and Johnson Trust
Bought by
Johnson Ray Allan and Johnson Kathleen Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1994
Sold by
Johnson Beverly B and Johnson Trust
Bought by
Johnson Beverly B and Johnson Trust
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
Johnson Ray Allan -- None Available
Johnson Ray Allan -- First American Title Co Los
Johnson Beverly B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Johnson Ray Allan $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $1,265,000 0.0% $1,044 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/11/2020 11/11/20 Off Market $1,265,000 -- --
11/10/2020 11/10/20 For Sale $1,298,000 -- $1,071 / 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 $16,228 $1,369,273 $1,095,419 $273,854
2024 $15,532 $1,342,426 $1,073,941 $268,485
2023 $15,246 $1,316,105 $1,052,884 $263,221
2022 $15,001 $1,290,300 $1,032,240 $258,060
2021 $14,755 $1,265,000 $1,012,000 $253,000
2020 $1,970 $101,945 $77,541 $24,404
2019 $1,920 $99,947 $76,021 $23,926
2018 $1,820 $97,988 $74,531 $23,457
2016 $1,755 $94,186 $71,638 $22,548
2015 $1,733 $92,772 $70,562 $22,210
2014 $1,718 $90,955 $69,180 $21,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20235816

California Regional Multiple Listing Service (CRMLS)

APN: 7507-015-005

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