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229 Avenue I

229 Avenue I, Redondo Beach, CA 90277
Commercial in South Redondo Beach
Local assessors in Redondo Beach, CA have categorized 229 Avenue I as a commercial type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 17,322 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 229 Avenue I has a total of 10,480 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 229 Avenue I is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 229 Avenue I was last sold in Feb 23, 2023 for $7,000,000. According to our calculations, that's $667.94 per sqft. Current property owners are expected to pay $39,322 in taxes per year. The property on 229 Avenue I was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,416,454. To break that down further, the land itself was valued at $2,636,706. While improvements to the property were assessed at a total of $779,748. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210107
01/07/2021
Loft
-
10480 ft²
$9,250,000
bedrooms
Loft
bathrooms
-
square feet
10480 ft²
-
-
-
Jim Menton
The Realestate Group

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: A
  • Construction Type: Wood
  • Floor Count: 1
  • Business/Commerical Units Count: 20
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,322
  • Total Building Area: 10,480
  • Gross Building Area: 10,480
  • Building Area: 10,480
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 10,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: 2546
  • Land Acres: 0.398
  • Standard Land Use Code: Regional shopping center or mall with anchor store
  • Legal Description 1: TR=2546*VAC ALLEY ADJ ON E AND (EX OF ALLEYS) LOTS 12 AND 13 BLK 17

Ownership

  • Current Owner : KCLC LLC
  • Previous Owner : RANGOON FISH COMPANY LLC
  • Owner Before Previous Owner: RIVIERA ASSOCIATES
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Redondo Beach Unified School District
  • Census Tract: 621326

Zoning

  • Zoning: RBMU-3C(RI

Geography

  • Assessors Map Reference: 67-D6
  • Subdivision Tract Number: 2546
  • Parcel: 7511-007-045
  • Block: 17
  • Lot: 12,13
  • Municipality: SOUTH /BEACH CITIES
  • Latitude: 33.8194
  • Longitude: -118.386

    Address

  • Full Address: 229 Avenue I
  • Address - House Number: 229
  • Address - Street Name: Avenue I
  • State: CA
  • City Name: Redondo Beach
  • Carrier Code: C023
  • 4-Digit Zip Code: 5600
  • Zip Code: 90277

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,322
  • Tax Rate Code Area: 08-055

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,416,454
  • Assessed Land Value: $2,636,706
  • Assessed Improvements Value: $779,748

    Sales

  • Current Sale Contract Date: Feb 23, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Transaction ID: 11902611275
  • Current Sale Price: $7,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 129284
  • Previous Sale Recording Date: Mar 25, 2005
  • Previous Sale Contract Date: Feb 08, 2005
  • Previous Sale Document Type: Partnership Deed

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Mar 25, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,375,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South Redondo Beach



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Frequently Asked Questions

What neighborhood is 229 Avenue I located in?
The 229 Avenue I is a commercial located in the neighborhood of South Redondo Beach in South Redondo Beach, Redondo Beach.
What is the average sales price for listings in 229 Avenue I?
The average sales price for units in 229 Avenue I is $0 currently.

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