NOT LISTED FOR SALE

1102 Opal St Redondo Beach, CA 90277

Estimated Value: $2,192,000 - $2,915,000

9 Beds
8 Baths
4,610 Sq Ft
$559/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $1,999,000 $434 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $15,604/month

1 Day on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Wooded Lot
  • Alta Vista Elementary School Rated A+
  • Contemporary Architecture
  • Cathedral Ceiling

About This Home

As of July 2020

Upleg in escrow, noncontingent, must sell this week. 4610 sf contemporary owner-user 4plex with huge upside. #A: 2 story house-like 3 bed owners unit with open floorplan, tons of natural light, private yard, monstrous covered + uncovered deck, vaulted ceilings, fireplace. #B: 2 beds, 2 baths, big private grass yard, private sunny patio, private 2 car garage. #C +#D: 2 bed 2 bath upper units with large sunny private decks and shared 2 car garage below. A, B, and D are all end units. 7320 sq.ft. lot, 9 beds, 8 baths, 6 garages. New 20k roof, all new copper plumbing to street, separate gas & electric meters. 20+ year tenants, huge upside. On culdesac, walkable to Alta Vista Park, Paradise Park and beach. 5 minutes to Trader Joe's and Whole Foods. A+ schools: Alta Vista Elementary, Parras Middle and Redondo High, all 10's on Greatschools.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #00961679 Listed on: 06/17/2020

Last Buyer's Agent

Neil Chhabria

Chhabria Real Estate Company License #01821437

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 7,277 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • East Facing Home
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Private Yard
  • Garden
  • Front Yard

Parking

  • 6 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,610 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Storage

Kitchen

  • Built-In Range
  • Range Hood
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Walk-In Closet
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 2
  • Tax Tract Number 6213
  • Assessor Parcel Number 7506023072

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $955
  • Gardener Expense $720
  • Insurance Expense $5,400
  • Trash Expense $647
  • Water Sewer Expense $1,500
  • New Taxes Expense $12,780
  • Gross Income $106,643
  • Net Operating Income $83,577

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

7,277 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: RBRMD
  • Architectural Style: Contemporary
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7506023072
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Copper Plumbing Full, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Storage, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 433.62
  • Room Type: Family Room, Master Bathroom, Master Bedroom, Separate Family Room, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, ENERGY STAR Qualified Appliances, Disposal, Gas & Electric Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Community, Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 647.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Garden, Level with Street, Rectangular Lot, Level, Sprinkler System, Treed Lot, Yard
  • Lot Size Sq Ft: 7277.00
  • Lot Size Acres: 0.1671

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 955.00
  • Gross Income: 106643.00
  • Gross Operating Income: 105577.00
  • Gross Scheduled Income: 106643.00
  • Insurance Expense: 5400.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 443.00
  • Lot Size Area: 7277.0000 Square Feet
  • Net Operating Income: 83577.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 22000.00
  • Rent Control: Yes
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 12780.00
  • Tax Census Tract: 6213.01
  • Tax Lot: 2
  • Tax Tract Number: 6213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2020
Sold by
Beaupain Taylor and Beaupain Cathy
Bought by
1102 Opal Llc
Current Estimated Value
$2,578,250

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jun 28, 2020
Sold by
Ablon Glynis
Bought by
Dianthus Holdings Lp
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Neil Chhabria
Chhabria Real Estate Company
List Price
$1,999,000
Sold Price
$1,999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%

Purchase Details

Listed on
Nov 26, 2018
Closed on
Dec 3, 2018
Sold by
Sanchez Francisco J and The Ramon Garcia Lence Living
Bought by
Ablon Glynis
Seller's Agent
Gunilla Goudeau
Coldwell Banker Realty
Buyer's Agent
Leo Nordine
Nordine Realtors, Inc.
List Price
$2,000,000
Sold Price
$1,960,000
Premium/Discount to List
-$40,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.24%

Purchase Details

Closed on
Feb 5, 2010
Sold by
Garcia Lence Ramon
Bought by
The Ramon Garcia Lence Living Trust

Purchase Details

Closed on
Nov 2, 2007
Sold by
Garcia Lence Ramon
Bought by
Garcia Lence Ramon

Purchase Details

Closed on
Jul 23, 1998
Sold by
Garcia Lence Ramon
Bought by
Garcia Lence Ramon and Lence Garcia Yda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
6.9%

Purchase Details

Closed on
Aug 22, 1997
Sold by
Garcia Lence Ramon
Bought by
Garcia Lence Ramon and Garcia Yda Lence
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1102 Opal Llc -- None Available
Beaupain Taylor -- None Available
Dianthus Holdings Lp $1,999,000 Progressive Title Company
Ablon Glynis $1,960,000 Progressive Title Company
The Ramon Garcia Lence Living Trust -- None Available
Garcia Lence Ramon -- None Available
Garcia Lence Ramon -- First American Title Co
Garcia Lence Ramon -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Lence Ramon $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2020 07/20/20 Sold $1,999,000 0.0% $434 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $1,999,000 +2.0% $434 / Sq Ft
12/14/2018 12/14/18 Sold $1,960,000 -2.0% $425 / Sq Ft View Prior Sale
11/29/2018 11/29/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $2,000,000 -- $434 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,502 $2,163,779 $1,407,161 $756,618
2024 $24,502 $2,121,353 $1,379,570 $741,783
2023 $24,056 $2,079,759 $1,352,520 $727,239
2022 $23,740 $2,038,980 $1,326,000 $712,980
2021 $23,323 $1,999,000 $1,300,000 $699,000
2020 $23,585 $1,999,200 $1,494,300 $504,900
2019 $23,104 $1,960,000 $1,465,000 $495,000
2018 $12,971 $1,067,173 $646,773 $420,400
2016 $12,542 $1,025,735 $621,659 $404,076
2015 $12,320 $1,010,329 $612,322 $398,007
2014 $12,178 $990,539 $600,328 $390,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20117012

California Regional Multiple Listing Service (CRMLS)

APN: 7506-023-072

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