NOT LISTED FOR SALE

1203 Beryl St Redondo Beach, CA 90277

Estimated Value: $2,155,000 - $3,137,000

10 Beds
9 Baths
4,632 Sq Ft
$547/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $1,850,000 $399 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $15,310/month

85 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • 4 Car Garage
  • Beryl Heights Elementary School Rated A+
  • Laundry Room
  • 5-minute walk to Dominguez Park

About This Home

As of September 2019

This South Redondo 4 plex is walking distance of the beach, local shopping and restaurants. It is a short distance to the freeways. The building has new copper plumbing and three of the units have been refurbished. There are four single car garages in the rear. This unit is ideal for a owner-user. The owner unit is 4 bedrooms and 2.5 baths and approximately 1950 square feet.

Last Agent to Sell the Property

Jack Bliss

J & P Realty License #00479584 Listed on: 05/21/2019

Last Buyer's Agent

Jonathan Weir

Marcus & Millichap License #02038545

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,913

Year Built

  • Built in 1963

Lot Details

  • 5,311 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Front Yard
  • Density is 11-15 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Apartment
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,632 Sq Ft Home
  • Living Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Utilities

  • Heating Available
  • Water Heater
  • Cable TV Available

Additional Features

  • Doors are 32 inches wide or more
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 20 / 16
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502010067

Community Details

Recreation

  • Dog Park

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • Electric Expense $941
  • Gardener Expense $720
  • Insurance Expense $2,194
  • Maintenance Expense $3,384
  • Pest Control $100
  • Trash Expense $806
  • Water Sewer Expense $1,500
  • New Taxes Expense $22,200
  • Operating Expense $31,893
  • Gross Income $356
  • Net Operating Income $80,415

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,913

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Zoning: RBRMD
  • Architectural Style: Contemporary
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7502010067
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Price Per Square Foot: 399.40
  • Room Type: Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Water Heater
  • Heating Type: Electric
  • Laundry Features: Common Area
  • Pest Control Expense: 100.00
  • Sewer: Public Sewer
  • Trash Expense: 806.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Dog Park, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre, Front Yard
  • Lot Size Sq Ft: 5311.00
  • Lot Size Acres: 0.1219

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 2700 Square Feet
  • Average3 Bed Area: 1932 Square Feet
  • Electric Expense: 941.00
  • Gross Income: 356.00
  • Gross Multiplier: 16.10
  • Gross Operating Income: 112308.00
  • Gross Scheduled Income: 114600.00
  • Insurance Expense: 2194.00
  • Laundry Income: 356.00
  • Lot Size Area: 5311.0000 Square Feet
  • Maintenance Expense: 3384.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 80415.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 31893.00
  • Operating Expense Percent: 27.80
  • Rent Control: No
  • Total Actual Rent: 8550.00
  • Total Expenses: 31893.00
  • Vacancy Allowance: 2292
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 22200.00
  • Tax Block: 16
  • Tax Census Tract: 6212.01
  • Tax Lot: 20
  • Tax Tract Number: 10019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
Funk David Lyle and The Funk Family Trust
Bought by
Fsb Properties 1203 Beryl Street Llc
Current Estimated Value
$2,535,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,287,000
Outstanding Balance
$1,128,141
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,406,952

Purchase Details

Listed on
May 21, 2019
Closed on
Aug 22, 2019
Sold by
Alvord Kurt and The Sue Jane B Alvord Revocabl
Bought by
Funk David Lyle and The Funk Family Trust
Seller's Agent
Jack Bliss
J & P Realty
Buyer's Agent
Jonathan Weir
Marcus & Millichap
List Price
$1,850,000
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%

Purchase Details

Closed on
Mar 3, 2015
Sold by
Alvord Kurt
Bought by
Alvord Sue Jane B and Sue Jane B Alvord Revocable Trust

Purchase Details

Closed on
Oct 11, 2005
Sold by
Burkhalter Charles
Bought by
Burkhalter Charles Wayne and Charles Wayne Burkhalter Revocable Trust

Purchase Details

Closed on
Oct 10, 2005
Sold by
Alvord Sue Jane B
Bought by
Alvord Sue Jane B and Sue Jane B Alvord Revocable Trust

Purchase Details

Closed on
Apr 9, 2003
Sold by
Alvord Sue Jane B
Bought by
Alvord Sue Jane B and Burkhalter Charles

Purchase Details

Closed on
Mar 3, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Burkhalter William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
8.75%

Purchase Details

Closed on
Sep 27, 1996
Sold by
Nationsbanc Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 26, 1996
Sold by
Nahabed Michael E
Bought by
Nationsbanc Mtg Corp
Source: Public Records

Range of Values:

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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
Fsb Properties 1203 Beryl Street Llc -- Provident Title Company
Funk David Lyle $1,850,000 Fidelity National Title Co
Alvord Sue Jane B -- None Available
Burkhalter Charles Wayne -- --
Alvord Sue Jane B -- --
Alvord Sue Jane B -- --
Burkhalter William H $410,000 First American Title Co
Federal Home Loan Mortgage Corporation -- Fidelity National Title Ins
Nationsbanc Mtg Corp $283,528 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fsb Properties 1203 Beryl Street Llc $1,287,000
Previous Owner Burkhalter William H $307,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2019 09/13/19 Sold $1,850,000 0.0% $399 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $1,850,000 0.0% $399 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $1,850,000 -- $399 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $22,913 $2,023,241 $984,280 $1,038,961
2024 $22,913 $1,983,571 $964,981 $1,018,590
2023 $22,497 $1,944,678 $946,060 $998,618
2022 $22,201 $1,906,548 $927,510 $979,038
2021 $21,819 $1,869,166 $909,324 $959,842
2020 $21,849 $1,850,000 $900,000 $950,000
2019 $14,353 $1,178,237 $705,053 $473,184
2018 $13,986 $1,155,135 $691,229 $463,906
2016 $14,038 $1,155,830 $684,068 $471,762
2015 $13,288 $1,093,606 $654,410 $439,196
2014 $9,388 $737,223 $438,825 $298,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19118957

California Regional Multiple Listing Service (CRMLS)

APN: 7502-010-064