NOT LISTED FOR SALE

724 Avenue B Redondo Beach, CA 90277

Estimated Value: $4,232,000 - $4,944,000

4 Beds
4.5 Baths
4,093 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $4,100,000 $1,002 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $29,188/month

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Alta Vista Elementary School Rated A+
  • Peek-A-Boo Views
  • Wood Flooring

About This Home

As of April 2023

Just completed in the Avenues area of south Redondo Beach, where the beach lifestyle is a short stroll to the charm of the Hollywood Riviera. Imagine walking to the beach for a morning surf and then strolling to a nearby coffee shop for brunch. This is the perfect neighborhood for those seeking an active yet relaxed lifestyle.

And if you're looking for a warm, modern home that complements this lifestyle, look no further than this brand new construction. Designed for the active family, this home boasts a great room that combines the dining area, living area, casual dining, and breakfast bar, making it perfect for entertaining or just relaxing with family.

The chef's kitchen is truly the heart of this home, featuring porcelain countertops and a center island with a prep sink. With a large seating area at the breakfast bar, the kitchen is the ultimate gathering place for family and friends.

But the indoor-outdoor living environment is what really sets this home apart. Through a wall of folding glass doors, you'll find a backyard living area complete with a built-in BBQ, refrigerator, and firepit. The landscaped grass yard create a serene oasis, perfect for enjoying the coastal weather year-round.

Upstairs, you'll find the primary suite, complete with an adjacent nursery or retreat. The luxurious bathroom features a soaking tub, oversized multi-head shower, and dual sinks. Two other en suite bedrooms, a spacious den, and a laundry room complete the second floor.

Overall, this warm modern home is the perfect complement to the active family lifestyle.

Last Agent to Sell the Property

David Keller

Estate Properties License #00851437 Listed on: 04/20/2023

Last Buyer's Agent

Wendy Sun

Estate Properties License #01729186

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,012

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,104 Sq Ft Lot
  • Drip System Landscaping
  • Sprinkler System
  • Private Yard
  • Lawn
  • Front Yard
  • Property is zoned RBR-1

Parking

  • 2 Car Attached Garage

Property Views

  • Peek-A-Boo
  • Neighborhood

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,093 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Den

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / 24
  • Tax Tract Number 2546
  • Assessor Parcel Number 7509019012
  • $885 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,012

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RBR-1
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7509019012
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4093.00 Square Feet
  • Stories: 2
  • Entry Location: Front door
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Ell, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Electric
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1001.71
  • Room Type: Den, Family Room, Great Room, Kitchen, Laundry, Main Floor Master Bedroom, Master Suite, Two Masters, Walk-In Closet, Walk-In Pantry
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Peek-A-Boo
  • Patio And Porch Features: Concrete, Covered, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Dishwasher, Double Oven, Free-Standing Range, Disposal, Microwave, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Sprinklers Drip System, Yard
  • Lot Size Sq Ft: 6104.00
  • Lot Size Acres: 0.1401

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6104.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 6214.00
  • Tax Lot: 12
  • Tax Tract Number: 2546
  • TaxOtherAnnualAssessmentAmount: 885.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Apr 24, 2023
Sold by
Prince Selective Homes Llc
Bought by
Shih Paul I-Cheng and Kwei Catherine Ki
Seller's Agent
David Keller
Estate Properties
Buyer's Agent
Wendy Sun
Estate Properties
List Price
$4,100,000
Sold Price
$4,100,000
Views
2
Current Estimated Value
$4,646,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,871
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Sep 27, 2022
Sold by
Nassif Amir and Nassif Hoda
Bought by
Prince Selective Homes Llc

Purchase Details

Closed on
Jul 17, 2018
Sold by
Wilson Edgar Michael
Bought by
Nassif Amir and Nassif Hoda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2012
Sold by
Wilson Edgar M
Bought by
Wilson Edgar Michael and The Edgar Michael Wilson Trust

Purchase Details

Closed on
Nov 4, 2005
Sold by
Wilson Edgar M
Bought by
Wilson Edgar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$597,000
Interest Rate
6.02%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 11, 1999
Sold by
Sutter Sara H Tr Sara H Sutter Trust
Bought by
Wilson Edgar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6%

Purchase Details

Closed on
Aug 10, 1999
Sold by
Wilson Getchel
Bought by
Wilson Edgar M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6%

Purchase Details

Closed on
Jan 24, 1994
Sold by
Sutter Sara H
Bought by
Sutter Sara H
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
Shih Paul I-Cheng $4,100,000 Lawyers Title
Prince Selective Homes Llc -- Accommodation/Courtesy Recordi
Nassif Amir $1,450,000 Lawyers Title
Wilson Edgar Michael -- None Available
Wilson Edgar M -- Southland Title Corporation
Wilson Edgar M $490,000 Southland Title Corporation
Wilson Edgar M -- Southland Title Corporation
Sutter Sara H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nassif Amir $1,000,000
Previous Owner Wilson Edgar M $597,000
Previous Owner Wilson Edgar M $100,000
Previous Owner Wilson Edgar M $390,000
Previous Owner Wilson Edgar M $50,000
Previous Owner Wilson Edgar M $240,000
Previous Owner Sara H Sutter Living Trust $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $4,100,000 0.0% $1,002 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $4,100,000 0.0% $1,002 / Sq Ft
11/30/2018 11/30/18 Rented $3,800 0.0% --
10/18/2018 10/18/18 For Rent $3,800 +15.2% --
04/04/2012 04/04/12 Rented $3,300 -2.9% --
03/21/2012 03/21/12 Under Contract -- -- --
02/21/2012 02/21/12 For Rent $3,400 -- --
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 $47,012 $4,265,640 $3,225,240 $1,040,400
2024 $47,012 $4,182,000 $3,162,000 $1,020,000
2023 $17,988 $1,554,690 $1,243,753 $310,937
2022 $17,706 $1,524,207 $1,219,366 $304,841
2021 $17,318 $1,494,321 $1,195,457 $298,864
2019 $16,941 $1,450,000 $1,160,000 $290,000
2018 $8,070 $661,878 $529,507 $132,371
2016 $7,815 $636,179 $508,947 $127,232
2015 $7,678 $626,624 $501,303 $125,321
2014 $7,573 $614,351 $491,484 $122,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23066474

California Regional Multiple Listing Service (CRMLS)

APN: 7509-019-012