716 S Pacific Coast Hwy Redondo Beach, CA 90277
Estimated Value: $6,522,874
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                5,976
                Sq Ft
            
            
                
                    $1,092/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 716 S Pacific Coast Hwy, Redondo Beach, CA 90277 and is currently estimated at $6,522,874, approximately $1,091 per square foot. 716 S Pacific Coast Hwy is a home located in Los Angeles County with nearby schools including Alta Vista Elementary School, Parras (Nick G.) Middle School, and Redondo Union High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Apr 4, 2022
            
        
                Sold by
            
            
                Patel Naresh N and Patel Rekhaben N
            
        
                Bought by
            
            
                Century Moonstone Llc
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Apr 29, 2003
            
        
                Sold by
            
            
                Patel Naresh N
            
        
                Bought by
            
            
                Patel Naresh N and Patel Rekhaben N
            
        Purchase Details
                Closed on
            
            
                Jul 22, 2002
            
        
                Sold by
            
            
                Patel Rekhaben N
            
        
                Bought by
            
            
                Patel Naresh N
            
        Purchase Details
                Closed on
            
            
                Sep 24, 1998
            
        
                Sold by
            
            
                Mulhearn Bruce T and Grasmere Trust
            
        
                Bought by
            
            
                Patel Naresh N and Patel Rekhaben N
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $450,000
            
        
                Interest Rate
            
            
                6.88%
            
        
                Mortgage Type
            
            
                Commercial
            
        Purchase Details
                Closed on
            
            
                Aug 28, 1998
            
        
                Sold by
            
            
                Patel Arvind J and Patel Hasumati A
            
        
                Bought by
            
            
                The Grasmere Trust
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $450,000
            
        
                Interest Rate
            
            
                6.88%
            
        
                Mortgage Type
            
            
                Commercial
            
        Purchase Details
                Closed on
            
            
                Jun 3, 1996
            
        
                Sold by
            
            
                Patel Arvind J and Patel Hasumati A
            
        
                Bought by
            
            
                Mgm Enterprises Inc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Century Moonstone Llc | $6,300,000 | None Listed On Document | |
| Patel Naresh N | -- | -- | |
| Patel Naresh N | -- | -- | |
| Patel Naresh N | $695,000 | North American Title Co | |
| The Grasmere Trust | $1,055,325 | -- | |
| Mgm Enterprises Inc | -- | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Patel Naresh N | $450,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $3,121 | $6,685,610 | $5,093,798 | $1,591,812 | 
| 2024 | $3,121 | $6,554,520 | $4,993,920 | $1,560,600 | 
| 2023 | $73,467 | $6,426,000 | $4,896,000 | $1,530,000 | 
| 2022 | $13,721 | $1,026,710 | $760,805 | $265,905 | 
| 2021 | $14,205 | $1,006,580 | $745,888 | $260,692 | 
| 2020 | $14,421 | $996,259 | $738,240 | $258,019 | 
| 2019 | $14,152 | $976,725 | $723,765 | $252,960 | 
| 2018 | $13,627 | $957,574 | $709,574 | $248,000 | 
| 2016 | $13,394 | $920,392 | $682,021 | $238,371 | 
| 2015 | $13,158 | $906,568 | $671,777 | $234,791 | 
| 2014 | $12,933 | $888,810 | $658,618 | $230,192 | 
                Source: Public Records
                    
            
        Map
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