$1,427,364 EMV

3 Beds   3 Baths   1,285 Sq. Ft.   Condo
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Esplanade Apt 620
Redondo Beach, CA 90277

Status: Inactive
Listing ID: 57346263

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Property Information

  • Bedrooms: 3
  • Bathrooms: 3
  • Living Area Size: 1,285
  • Lot Size: 0.68 acres
  • Year Built: 1976
  • Source ID: 154909322
  • Day(s) On Site: 155
  • Subdivision: 30461
  • Parcel Number: 7508-003-158
  • Property Type: Condo
  • Plaintiff: Mufg Union Bank N A
  • Defendant Name: EDNA M MARINELLA
  • Recording Date: 01-14-2022
  • Trustee Name: CLEAR RECON CORPORATION
  • Trustee Address: 4375 Jutland Drive
  • Trustee City: San Diego
  • Trustee State: CA
  • Trustee Zip: 92117
  • Trustee Phone: (866) 931-0036
  • Trustee Reference Number: 099434-CA
  • Deed Category: NOD
  • Document Number: 202200057549

Potential Home Value

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Public Records

  • Bedrooms: 3
  • Baths: 3
  • Full Baths: 3
  • Rooms: 6
  • No. of Stories: 2
  • Exterior Wall Type: STUCCO
  • Roof Material: WOOD SHAKE/SHINGLE
  • Land Area Sqft: 29,633
  • Year Built: 1976
  • APN: 7508-003-158
  • Property Type: Condominium
  • Living Sqft: 1,285
  • Parking Spaces: 2
  • Sewer Type: PUBLIC
  • Water Type: PUBLIC
  • Subdivision: 30461

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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    Loan Information

  • 1st Mortgage Date: 07-16-2013

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Rental Value

The estimated rental value for Esplanade Apt 620 located in Redondo Beach, CA is $3,800/month. Comparable homes around Esplanade Apt 620 that are rentals have monthly ranges starting as low as $3,230 per month and as high as $4,370 per month. An owner looking to use this property as an investment could bring a return in the area of $3,230 - $4,370 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


Redondo Beach, CA
Home Inspectors
Property Professor, Inc.
Craig Funabashi
310-371-9494
Homes On This Street
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Esplanade Apt 620
Redondo Beach, CA 90277

3 Beds   3 Baths   1,285 sq. ft.   Condo

$1,427,364 EMV

Status: Inactive Listing ID: 57346263

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Esplanade-Apt-620-Redondo-Beach-CA-90277/57346263_lid

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