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1416 Aviation Boulevard

1416 Aviation Boulevard, Redondo Beach, CA 90278
1 Units For Sale
Unit for sale at 1416 Aviation Boulevard, Redondo Beach, CA 90278

$1,870,000

  • Commercial
  • 3,120 ft²
1416 Aviation Boulevard, Redondo Beach, CA 90278 Listing by Timothy Houck

1416 Aviation Boulevard has been categorized by the local assessors in Redondo Beach, CA as a commercial type of property. The building on the property was first built in 1963 and is 61 years old. The building has a total of 2 stories. In addition, 1416 Aviation Boulevard has 3,120 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,935 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. 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, 1416 Aviation Boulevard sold most recently in Jun 15, 2023 for a total of $1,849,000. If you work out the math, that's approximately a cost of $592.63 per sqft. Before that, the property was also sold for $960,000 in Feb 9, 2016. 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 $12,711 in taxes each year. 1416 Aviation Boulevard was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,092,311. If we break it down further, the land itself was valued at $409,616. Improvements to the property, however, were assessed at a total of $682,695. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,935
  • Total Building Area: 3,120
  • Gross Building Area: 3,120
  • Building Area: 3,120
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: REDONDO VILLA TRACT
  • Land Acres: 0.044
  • Standard Land Use Code: Store (multi-story)
  • County Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: REDONDO VILLA TRACT EX OF ST LOTS 24 AND LOT/SEC 25 BLK/DIV/TWN 52

Ownership

  • Current Owner : AVIATION PROPERTY LLC
  • Previous Owner : GALENA REAL PROPERTY LP
  • Owner Before Previous Owner: APOLLO HOLDINGS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Redondo Beach Unified School District
  • Census Tract: 620701

Zoning

  • Zoning: RBC-2

Geography

  • Assessors Map Reference: 62-D6
  • Parcel: 4162-005-033
  • Block: 52
  • Lot: 24
  • Municipality: SOUTH /REDONDO BEACH
  • Latitude: 33.8672
  • Longitude: -118.384

    Address

  • Full Address: 1416 Aviation Blvd
  • Address - House Number: 1416
  • Address - Street Name: Aviation
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Redondo Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 4055
  • Zip Code: 90278

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,711
  • Tax Rate Code Area: 08-060

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,479,200
  • First Open Lien Mortgage Lender: GALENA REAL PROPERTY LP
  • First Open Lien Mortgage Recording Date: Jul 14, 2023
  • First Open Lien Mortgage Loan Amount: $1,479,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,092,311
  • Assessed Land Value: $409,616
  • Assessed Improvements Value: $682,695

    Sales

  • Current Sale Contract Date: Jun 15, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Transaction ID: 11909272272
  • Current Sale Price: $1,849,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 463758
  • Previous Sale Recording Date: Feb 16, 2016
  • Previous Sale Contract Date: Feb 09, 2016
  • Previous Sale Amount: $960,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GALENA REAL PROPERTY LP
  • First Mortgage Transaction Date: Jul 14, 2023
  • First Mortgage Loan Amount: $1,479,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About North Redondo Beach



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Frequently Asked Questions

What neighborhood is 1416 Aviation Boulevard located in?
The 1416 Aviation Boulevard is a located in the neighborhood of North Redondo Beach in North Redondo Beach, Redondo Beach.
How many listings are currently for sale in 1416 Aviation Boulevard?
There is a listing currently on the market for sale.
What is the average sales price for listings in 1416 Aviation Boulevard?
The average sales price for units in 1416 Aviation Boulevard is $1,870,000 , or $599/sqft. currently.

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