R
Seller's Agent in 2017
Ryan Rembert
Lyon Stahl Investment Real Estate, Inc.
1206 Agate St Redondo Beach, CA 90277
Estimated Value: $2,222,000 - $2,515,000
8
Beds
7
Baths
4,120
Sq Ft
$585/Sq Ft
Est. Value
About This Home
As of July 2017Great investment property in South Redondo situated at the end of a quiet street. 4 units in total, the front unit is a detached 3 bedroom 2.5 bath thats undergone a fair amount of updates new countertops flooring etc. In the back there are (2)2 bedroom 2 bath units along with a 1 bedroom 1 bath unit. Each unit is individually metered, has its own garage and the entire building is electric. One of the 2 bedroom 2 bath units has been fully updated. The owner has done an excellent job maintaining all the units in the complex She recently put in new windows throughout the complex and has never let any issues drag on without addressing them quickly. Rental income is high in the area this is a great investment opportunity sure to sell quick!
Last Agent to Sell the Property
Ryan Rembert
Lyon Stahl Investment Real Estate, Inc. License #01975525 Listed on: 04/05/2017
Last Buyer's Agent
Nicholas Williams
Keller Williams South Bay License #01998243
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,371
Year Built
- Built in 1963
Lot Details
- 5,507 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- 4,120 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 23
- Tax Tract Number 10019
- Assessor Parcel Number 7502011045
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 3 Leased Units
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $580
- Insurance Expense $1,457
- Maintenance Expense $8,000
- Trash Expense $980
- Water Sewer Expense $1,085
- New Taxes Expense $22,770
- Operating Expense $34,872
- Gross Income $120,000
- Net Operating Income $85,128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 25, 2025
Sold by
Soderstrom Audrey
Bought by
Olson Family Trust and Olson
Current Estimated Value
Purchase Details
Listed on
Apr 5, 2017
Closed on
Jul 8, 2017
Sold by
Mantz Victoria
Bought by
Soderstrom Audrey
Seller's Agent
Ryan Rembert
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Nicholas Williams
Keller Williams South Bay
List Price
$1,980,000
Sold Price
$1,900,000
Premium/Discount to List
-$80,000
-4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Purchase Details
Closed on
Jul 23, 2013
Sold by
Manztz Victoria
Bought by
Mantz Victoria and Navarro Alfred A
Purchase Details
Closed on
Nov 30, 2001
Sold by
Navarro Alfred A and Navarro Maria A
Bought by
Mantz Victoria
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
7.01%
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 |
|---|---|---|---|
| Olson Family Trust | $2,450,000 | Upward Title Company | |
| Soderstrom Audrey | $1,900,000 | Ticor Title Co | |
| Mantz Victoria | -- | None Available | |
| Mantz Victoria | -- | American Coast Title | |
| Mantz Victoria | -- | American Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mantz Victoria | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2017 07/19/17 | Sold | $1,900,000 | -4.0% | $461 / Sq Ft |
| 05/24/2017 05/24/17 | For Sale | $1,980,000 | +4.2% | $481 / Sq Ft |
| 05/23/2017 05/23/17 | Off Market | $1,900,000 | -- | -- |
| 04/05/2017 04/05/17 | For Sale | $1,980,000 | -- | $481 / 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 | $24,371 | $2,161,872 | $1,422,285 | $739,587 |
| 2024 | $24,371 | $2,119,484 | $1,394,398 | $725,086 |
| 2023 | $23,926 | $2,077,926 | $1,367,057 | $710,869 |
| 2022 | $23,610 | $2,037,183 | $1,340,252 | $696,931 |
| 2021 | $23,197 | $1,997,239 | $1,313,973 | $683,266 |
| 2019 | $22,754 | $1,938,000 | $1,275,000 | $663,000 |
| 2018 | $22,195 | $1,900,000 | $1,250,000 | $650,000 |
| 2016 | $3,208 | $195,884 | $70,394 | $125,490 |
| 2015 | $3,162 | $192,943 | $69,337 | $123,606 |
| 2014 | $3,157 | $189,164 | $67,979 | $121,185 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2017
Nicholas Williams
Keller Williams South Bay
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17114847
APN: 7502-011-045
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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.
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