J
Seller's Agent in 2018
Joshua Cohen
Keller Williams South Bay
1106 Barbara St Redondo Beach, CA 90277
Estimated Value: $2,427,000 - $3,461,000
7
Beds
6
Baths
3,942
Sq Ft
$715/Sq Ft
Est. Value
Highlights
- Property is near a park
- Lawn
- Landscaped
- Alta Vista Elementary School Rated A+
- Laundry Room
- Paved or Partially Paved Lot
About This Home
As of June 2018The investment opportunity is the perfect asset for both experienced and new investors alike. This property is a well-maintained building that is located in the very desirable Redondo Beach community, and has much rental upside for a potential owner. The building is 3,942 sf and boasts 4 large, spacious units on a large 6,790 sf lot, and has been very well-maintained for years. The property features ample garage parking for tenants and some units have their own outdoor patios! Each unit is individually metered for electricity, and the spacious townhouse unit has its own washer/dryer hookups! Most units have been remodeled and feature attractive flooring and other high quality finishes.
Don’t wait, this investment opportunity won’t last long!
Last Agent to Sell the Property
Joshua Cohen
Keller Williams South Bay License #01346713 Listed on: 05/01/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,491
Year Built
- Built in 1965
Lot Details
- 6,790 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Paved or Partially Paved Lot
- Level Lot
- Lawn
- Density is 2-5 Units/Acre
Parking
- 6 Car Garage
Home Design
- 3,942 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Property is near public transit
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 37630
- Assessor Parcel Number 7507023018
Community Details
Building Details
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Operating Expense $38,816
- Gross Income $92,400
- Net Operating Income $50,812
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 15, 2022
Sold by
Amelia Doing Katherine
Bought by
Doing Reggie
Current Estimated Value
Purchase Details
Closed on
Aug 20, 2020
Sold by
Cronin Medard H and Medard Cronin Living Trust
Bought by
Contreras Angelica
Purchase Details
Listed on
May 1, 2018
Closed on
Jun 22, 2018
Sold by
Contreras Angelica
Bought by
Cronin Medard
Seller's Agent
Joshua Cohen
Keller Williams South Bay
Buyer's Agent
Gianluca Jacoli
Shield CRE, Inc.
List Price
$2,250,000
Sold Price
$2,070,000
Premium/Discount to List
-$180,000
-8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Purchase Details
Listed on
May 1, 2018
Closed on
Jun 21, 2018
Sold by
Holste Miyuki Nishida and Frank & Michiko Nishida Trust
Bought by
Cronin Medard H and The Medard Cronin Living Trust
Seller's Agent
Joshua Cohen
Keller Williams South Bay
Buyer's Agent
Gianluca Jacoli
Shield CRE, Inc.
List Price
$2,250,000
Sold Price
$2,070,000
Premium/Discount to List
-$180,000
-8%
Purchase Details
Closed on
Jan 20, 2012
Sold by
Holste Miyuki Nishida and Nishida Joe R
Bought by
Holste Miyuki Nishida and Nishida Joe R
Purchase Details
Closed on
Sep 13, 2007
Sold by
Ghodrati Ali and Ghodrati Lili
Bought by
Nishida Frank and Nishida Michiko
Purchase Details
Closed on
Jan 25, 2006
Sold by
Ghodrati Ali
Bought by
Ghodrati Ali and Ghodrati Lili
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jan 13, 2006
Sold by
Ghodrati Lili
Bought by
Ghodrati Ali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 1, 2005
Sold by
Spellberg Richard D and Spellberg Carole L
Bought by
Ghodrati Ali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,500
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 16, 2003
Sold by
Spellberg Richard D and Spellberg Carole L
Bought by
Spellberg Richard D and Spellberg Carole L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,258
Interest Rate
5.71%
Purchase Details
Closed on
Mar 31, 2003
Sold by
Spellberg Richard and Spellberg Carole
Bought by
Spellberg Richard D and Spellberg Carole L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,258
Interest Rate
5.71%
Purchase Details
Closed on
Apr 15, 1999
Sold by
Spellberg Richard D Co Tr and Spellberg Carole L
Bought by
Spellberg Richard D and Spellberg Carole L
Purchase Details
Closed on
Apr 8, 1998
Sold by
Family Trust Spellberg Richard D Co Tr Spellb and Spellberg Carole L
Bought by
Spellberg Richard D and Spellberg Carole L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.07%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Doing Reggie | -- | Fidelity National Title | |
| Doing Reggie | -- | Fidelity National Title | |
| Contreras Angelica | -- | None Available | |
| Cronin Medard | -- | Chicago Title | |
| Cronin Medard H | $2,070,000 | Chicago Title | |
| Holste Miyuki Nishida | -- | None Available | |
| Nishida Frank | $1,362,000 | Lawyers Title Company | |
| Ghodrati Ali | -- | Accommodation | |
| Ghodrati Ali | -- | Chicago Title Insurance Co | |
| Ghodrati Ali | $1,275,000 | Chicago Title Co | |
| Spellberg Richard D | -- | United Title | |
| Spellberg Richard D | -- | United Title Company | |
| Spellberg Richard D | -- | -- | |
| Spellberg Richard D | -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ghodrati Ali | $250,000 | |
| Previous Owner | Ghodrati Ali | $920,500 | |
| Previous Owner | Spellberg Richard D | $300,258 | |
| Previous Owner | Spellberg Richard D | $310,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2018 06/29/18 | Sold | $2,070,000 | -8.0% | $525 / Sq Ft |
| 06/04/2018 06/04/18 | Pending | -- | -- | -- |
| 05/01/2018 05/01/18 | For Sale | $2,250,000 | -- | $571 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $29,491 | $2,617,646 | $1,508,580 | $1,109,066 |
| 2024 | $29,491 | $2,566,320 | $1,479,000 | $1,087,320 |
| 2023 | $28,951 | $2,516,000 | $1,450,000 | $1,066,000 |
| 2022 | $25,842 | $2,219,457 | $1,426,028 | $793,429 |
| 2021 | $25,381 | $2,175,939 | $1,398,067 | $777,872 |
| 2020 | $25,417 | $2,153,628 | $1,383,732 | $769,896 |
| 2019 | $24,899 | $2,111,400 | $1,356,600 | $754,800 |
| 2018 | $14,310 | $1,168,840 | $735,937 | $432,903 |
| 2016 | $13,858 | $1,123,454 | $707,360 | $416,094 |
| 2015 | $13,615 | $1,106,579 | $696,735 | $409,844 |
| 2014 | $13,457 | $1,084,903 | $683,087 | $401,816 |
Source: Public Records
Agents Affiliated with this Home
-
-
Walter De La Torre
Seller Co-Listing Agent in 2018
Walter De La Torre
W&D Real Estate Investments
(858) 461-9452
11 Total Sales
-
Gianluca Jacoli
Buyer's Agent in 2018
Gianluca Jacoli
Shield CRE, Inc.
(510) 708-2662
8 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18100806
APN: 7507-023-018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 1101 Ysabel St
- 635 S Prospect Ave Unit 103
- 603 S Prospect Ave Unit 205
- 603 S Prospect Ave Unit 305
- 824 Camino Real Unit 106
- 830 Camino Real Unit 201
- 824 Camino Real Unit 101
- 810 Camino Real Unit 104
- 1108 Camino Real Unit 306
- 1108 Camino Real Unit 409
- 21405 Mildred Ave
- 21917 Palos Verdes Blvd
- 1003 S Prospect Ave
- 1007 S Prospect Ave
- 1011 S Prospect Ave
- 1200 Opal St Unit 26
- 1200 Opal St Unit 7
- 1200 Opal St Unit 22
- 21805 Dewey Ave
- 318 S Lucia Ave
- 1104 Barbara St Unit B
- 1104 Barbara St Unit D
- 1104 Barbara St Unit C
- 1104 Barbara St Unit A
- 1104 Barbara St
- 1102 Barbara St
- 1110 Barbara St Unit D
- 1117 Barbara St Unit FL1-ID5706A
- 1117 Barbara St Unit FL2-ID5705A
- 1117 Barbara St Unit 9
- 1117 Barbara St Unit 6
- 1117 Barbara St
- 1117 Barbara St Unit 4
- 1117 Barbara St Unit 10
- 1107 Barbara St Unit C
- 1107 Barbara St Unit A
- 1107 Barbara St Unit A
- 1107 Barbara St Unit D
- 1107 Barbara St
- 1100 Barbara St