NOT LISTED FOR SALE

734 Esplanade Unit A/B Redondo Beach, CA 90277

Estimated Value: $2,467,000 - $3,067,000

4 Beds
6 Baths
4,490 Sq Ft
3,920 Sq Ft Lot

Last Sold May 02, 2016

Last sale price $3,325,000 $741 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $17,272/month

15 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Living Room with Fireplace
  • Alta Vista Elementary School Rated A+
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of May 2016

This rare Redondo Beach home offers the opportunity to own two of the most beautiful condos in the area just off the ocean. Combined together, they create a single, charming home. The units are equipped with a total of 4 Bedrooms, and 6 Baths, with multiple convertible sleeping quarters available. Amenities include barbecue, hot-tub/spa, wine cellar, and media room. Perhaps the most notable luxury offered with the combined unit home is the roof-top deck, which is equipped with a grill and ample space for both sunbathing and entertaining. This gorgeous, private home offers expansive views of the ocean, coast, and the rest of the lovely community of Redondo from nearly every room. Included are 2 two-car attached garages, one for each unit. Adjacent to Riviera Village, and Redondo Beach breakwater.

Last Agent to Sell the Property

Randy Forbes Jr.

Compass License #01066294 Listed on: 03/15/2016

Compass

Co-Listed By

Diane Halliburton

Compass License #01839884

Last Buyer's Agent

Austin Krock

Vista Sotheby s International Realty License #01931186

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,357

Year Built

  • Built in 1989

Lot Details

  • 3,920

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 4,490 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • 4 Fireplaces
  • Home Theater
  • Wood Flooring
  • Ocean Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Covered Spaces
  • Covered Parking

Additional Features

  • Outdoor Grill
  • No Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7508-007-073

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,357

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: None
  • Entry Floor: 1
  • Living Area: 4490
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1989
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 4
  • Full Bathroom: 6
  • Half Bathroom: 0
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Barbeque, Dishwasher, Dryer, Elevator, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 746.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Covered Parking

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 7508-007-073
  • Geocode Override: No
  • Lot Size Area: 3998

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2020
Sold by
Krock Dennis G and Krock Maureen
Bought by
Chang Allan S and Chen Melissa H
Current Estimated Value
$2,809,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$1,494,961
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,314,301

Purchase Details

Closed on
Mar 5, 2008
Sold by
Tree Cherianne
Bought by
Farmco Lp

Purchase Details

Closed on
Nov 28, 2006
Sold by
Farr Kevin M and The Kevin M Farr Living Trust
Bought by
Tree Cherianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,494,375
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2003
Sold by
Farr Kevin M
Bought by
Farr Kevin M and The Kevin M Farr Living Trust

Purchase Details

Closed on
Aug 30, 1999
Sold by
Alario Chantal
Bought by
Farr Kevin M

Purchase Details

Closed on
Jul 5, 1996
Sold by
Farr Kevin M
Bought by
Farr Kevin M and Alario Chantal

Purchase Details

Closed on
Jan 31, 1996
Sold by
Security Pacific National Bank Multi Cla
Bought by
Farr Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,800
Interest Rate
7.25%

Purchase Details

Closed on
Jun 26, 1995
Sold by
Moeller Henry G and Security Pacific National Bank
Bought by
Security Pacific National Bank Multi Cla and Union Bank
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chang Allan S $2,359,000 Usa National Title Company
Farmco Lp $2,050,000 Progressive Title Company
Tree Cherianne $1,992,500 Lawyers Title Company
Farr Kevin M -- --
Farr Kevin M -- Fidelity National Title
Farr Kevin M -- --
Farr Kevin M $541,000 Stewart Title
Security Pacific National Bank Multi Cla $682,189 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Allan S $1,680,000
Previous Owner Tree Cherianne $1,494,375
Previous Owner Farr Kevin M $432,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $3,325,000 -0.7% $741 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $3,350,000 -- $746 / Sq Ft
Source: The MLS

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 $28,357 $2,553,456 $1,082,432 $1,471,024
2024 $28,357 $2,503,389 $1,061,208 $1,442,181
2023 $27,826 $2,454,303 $1,040,400 $1,413,903
2022 $27,408 $2,406,180 $1,020,000 $1,386,180
2021 $26,754 $2,359,000 $1,000,000 $1,359,000
2020 $22,019 $1,907,243 $1,429,892 $477,351
2019 $21,539 $1,869,847 $1,401,855 $467,992
2018 $21,024 $1,833,184 $1,374,368 $458,816
2016 $26,097 $2,274,638 $1,276,016 $998,622
2015 $25,612 $2,240,472 $1,256,850 $983,622
2014 $25,235 $2,196,586 $1,232,231 $964,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-106340

The MLS

APN: 7508-007-073