1617 South Pacific Coast Highway

1617 South Pacific Coast Highway 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 1961 and is 63 years old. However, we must point out that the home was most recently renovated and altered in 1962. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1617 South Pacific Coast Highway has 16,975 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 17,287 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 air conditioning at the moment. The property was last sold in Aug 9, 2022 for $10,915,000. That's $643.00 per sqft. Prior to that sales transaction, the property was also sold in Mar 20, 2002 for $2,075,000. 1617 South Pacific Coast Highway was last assessed in 2023. The total value of the property was assessed at $10,915,000. Specifically, the land the property is located on was valued at $5,915,000. While improvements on the property were assessed at a total of $5,000,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $37,803. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.