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118 Paseo De Gracia

118 Paseo De Gracia, Redondo Beach, CA 90277
Property in Riviera
Sold Jun 30, 2023
$1,425,500
$1,140,400 by Pnc Bank, National Association
Mortgage Due Jul 01, 2053
118 Paseo De Gracia in Redondo Beach, CA was first built in 1951 and is 73 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 118 Paseo De Gracia has 1,142 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 470 ft and the linear feet between the front and back of the lot is 1,060. In total, the area measurement of the land is 5,344 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 118 Paseo De Gracia sold most recently in Apr 6, 2023 for a total of $1,425,500. If you work out the math, that's approximately a cost of $1,248.25 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,167 in taxes each year. 118 Paseo De Gracia was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $364,598. If we break it down further, the land itself was valued at $277,530. Improvements to the property, however, were assessed at a total of $87,068. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,344
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 470
  • Total Building Area: 1,142
  • Building Area: 1,142
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,142
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10300
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 10300 LOT/SEC 26 BLK/DIV/TWN K

Ownership

  • Current Owner : MILLER ANN
  • Previous Owner : FRANCES L MUNUSHIAN LIVING TRUST
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Torrance Unified School District
  • Census Tract: 651304

Zoning

  • Zoning: TORR-LO

Geography

  • Assessors Map Reference: 67-D6
  • Subdivision Tract Number: 10300
  • Parcel: 7514-005-020
  • Block: K
  • Lot: 26
  • Municipality: SOUTH /S.W. TORR SFR
  • Latitude: 33.8168
  • Longitude: -118.382

    Address

  • Full Address: 118 Paseo De Gracia
  • Address - House Number: 118
  • Address - Street Name: Paseo De Gracia
  • State: CA
  • City Name: Redondo Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 5803
  • Zip Code: 90277

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,167
  • Tax Rate Code Area: 09-359

    Appraisal Valuation

  • Standard Deviation: 0.2345
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 1,429,986
  • High Value: 1,765,437
  • Low Value: 1,094,535

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,140,400
  • First Open Lien Mortgage Lender: PNC BANK, NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Jun 30, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,140,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,598
  • Assessed Land Value: $277,530
  • Assessed Improvements Value: $87,068

    Sales

  • Current Sale Contract Date: Apr 06, 2023
  • Current Sale Recording Date: Jun 30, 2023
  • Current Sale Transaction ID: 11908702245
  • Current Sale Price: $1,425,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 430581

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK, NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Jun 30, 2023
  • First Mortgage Loan Amount: $1,140,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Torrance



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Nearby Rentals

Unit for rent at

$2,950 /mo

  • 3 Beds
  • 2 Baths
Listing by Jeanne Parker
Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 118 Paseo De Gracia located in?
The 118 Paseo De Gracia is a located in the neighborhood of Riviera in Torrance, Redondo Beach.
What is the average sales price for listings in 118 Paseo De Gracia?
The average sales price for units in 118 Paseo De Gracia is $0 currently.

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