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Seller's Agent in 2024
Freddy Okuda
ADW Management USA, Inc.
1208 Agate St Redondo Beach, CA 90277
Estimated Value: $2,223,000 - $2,289,000
8
Beds
8
Baths
4,120
Sq Ft
$548/Sq Ft
Est. Value
Highlights
- No HOA
- Beryl Heights Elementary School Rated A+
- Laundry Room
About This Home
As of August 2024GREAT 4 UNIT INVESTMENT OPPORTUNITY! This 4 unit property consists a mix of 1 Unit (3 BD/2BR) owner occupy style house, 2 Unit (2BD/2BR) and 1 Unit (1BD/1BR). All units were renovated back in 2018. All photos were taken after renovation was conducted by previous owner. This property is conveniently located near plenty of parks, Redondo Beach Pier, and plethora of shops, cafes, and restaurants on PCH. Do not miss out on this opportunity.
Last Agent to Sell the Property
Freddy Okuda
ADW Management USA, Inc. Brokerage Phone: 310-955-7613 License #02073148 Listed on: 06/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,073
Year Built
- Built in 1963
Lot Details
- 5,518 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- Parking Available
- Front Facing Garage
- Rear-Facing Garage
- Single Garage Door
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,120 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 5 / 14
- Tax Tract Number 10019
- Assessor Parcel Number 7502011046
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $337
- Gardener Expense $1,320
- Insurance Expense $4,000
- Maintenance Expense $2,500
- Other Expense $1,000
- Pest Control $540
- Professional Management Expense $5,287
- Trash Expense $2,470
- Water Sewer Expense $1,488
- New Taxes Expense $25,253
- Operating Expense $44,195
- Gross Income $132,172
- Net Operating Income $87,977
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2024
Closed on
Aug 9, 2024
Sold by
Hata Yuya
Bought by
Wang Zhe and Wang Yi
Seller's Agent
Freddy Okuda
ADW Management USA, Inc.
Buyer's Agent
Josh Gonzalez
Keller Williams Palos Verdes
List Price
$2,290,000
Sold Price
$2,180,000
Premium/Discount to List
-$110,000
-4.8%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,713
Avg. Annual Appreciation
3.12%
Original Mortgage
$880,000
Outstanding Balance
$840,268
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,417,445
Purchase Details
Closed on
Jun 20, 2018
Sold by
Adw No 1 Llc
Bought by
Hata Yuya
Purchase Details
Listed on
Aug 25, 2017
Closed on
Sep 26, 2017
Sold by
White Donovan
Bought by
Adw #1 Llc
Seller's Agent
Nick Peters
Real Brokerage Technologies
Buyer's Agent
Nick Peters
Real Brokerage Technologies
List Price
$1,860,000
Sold Price
$1,803,500
Premium/Discount to List
-$56,500
-3.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Purchase Details
Closed on
Dec 4, 2015
Sold by
White Donovan
Bought by
Donovan & Diane White Trust
Purchase Details
Closed on
Apr 2, 2012
Sold by
Kamish Anthony
Bought by
Guirges Michael and The Paradesia Trust
Purchase Details
Closed on
Jun 29, 2011
Sold by
Ramos Myrna M
Bought by
White Donovan and White Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,850
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2005
Sold by
Zimmerman Dennis
Bought by
Zimmerman Dennis W and Zimmerman Carmela Cortez
Purchase Details
Closed on
May 3, 2002
Sold by
Hunt Donald G
Bought by
Ramos Myrna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.7%
Purchase Details
Closed on
Nov 28, 2001
Sold by
Zimmerman Carmela Cortez
Bought by
Zimmerman Dennis
Purchase Details
Closed on
Nov 26, 2001
Sold by
Zimmerman Dennis
Bought by
Hunt Donald G and The Donald G Hunt Trust
Purchase Details
Closed on
Jan 10, 2000
Sold by
Zimmerman Dennis
Bought by
Zimmerman Dennis and Chelsea Daniel Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.83%
Purchase Details
Closed on
Jan 6, 2000
Sold by
Daniel Chelsea Corp
Bought by
Zimmerman Dennis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.83%
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 |
|---|---|---|---|
| Wang Zhe | $2,180,000 | Chicago Title Company | |
| Hata Yuya | $2,330,000 | Usa National Title Company I | |
| Hata Yuya | -- | Usa National Title Co | |
| Adw #1 Llc | $1,803,500 | Usa National Title | |
| Donovan & Diane White Trust | -- | None Available | |
| Guirges Michael | -- | None Available | |
| White Donovan | $1,140,000 | Lawyers Title Company | |
| Zimmerman Dennis W | -- | None Available | |
| Ramos Myrna M | $750,000 | Southland Title | |
| Zimmerman Dennis | -- | -- | |
| Hunt Donald G | -- | -- | |
| Zimmerman Dennis | -- | Fidelity Title | |
| Zimmerman Dennis | -- | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Zhe | $880,000 | |
| Previous Owner | White Donovan | $801,850 | |
| Previous Owner | Ramos Myrna M | $500,000 | |
| Previous Owner | Zimmerman Dennis | $306,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $2,180,000 | -4.8% | $529 / Sq Ft | |
| 07/12/2024 07/12/24 | Pending | -- | -- | -- | |
| 06/17/2024 06/17/24 | For Sale | $2,290,000 | +27.0% | $556 / Sq Ft | |
| 11/03/2017 11/03/17 | Sold | $1,803,500 | -3.0% | $438 / Sq Ft | View Prior Sale |
| 10/07/2017 10/07/17 | For Sale | $1,860,000 | 0.0% | $451 / Sq Ft | |
| 09/27/2017 09/27/17 | Pending | -- | -- | -- | |
| 09/27/2017 09/27/17 | For Sale | $1,860,000 | 0.0% | $451 / Sq Ft | |
| 09/26/2017 09/26/17 | Pending | -- | -- | -- | |
| 09/25/2017 09/25/17 | Price Changed | $1,860,000 | -2.1% | $451 / Sq Ft | |
| 09/14/2017 09/14/17 | Price Changed | $1,899,000 | -1.4% | $461 / Sq Ft | |
| 08/25/2017 08/25/17 | For Sale | $1,925,000 | -- | $467 / 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 | $29,073 | $2,180,000 | $1,480,000 | $700,000 |
| 2024 | $29,073 | $2,548,192 | $885,852 | $1,662,340 |
| 2023 | $28,536 | $2,498,229 | $868,483 | $1,629,746 |
| 2022 | $28,158 | $2,449,245 | $851,454 | $1,597,791 |
| 2021 | $27,634 | $2,401,221 | $834,759 | $1,566,462 |
| 2020 | $27,674 | $2,376,600 | $826,200 | $1,550,400 |
| 2019 | $27,103 | $2,330,000 | $810,000 | $1,520,000 |
| 2018 | $21,127 | $1,803,500 | $1,173,500 | $630,000 |
| 2016 | $14,612 | $1,209,583 | $732,117 | $477,466 |
| 2015 | $14,350 | $1,191,415 | $721,120 | $470,295 |
| 2014 | $14,177 | $1,168,078 | $706,995 | $461,083 |
Source: Public Records
Agents Affiliated with this Home
-
-
Josh Gonzalez
Buyer's Agent in 2024
Josh Gonzalez
Keller Williams Palos Verdes
(310) 251-4104
2 in this area
8 Total Sales
-
Xingqun Zheng
Buyer Co-Listing Agent in 2024
Xingqun Zheng
Keller Williams Palos Verdes
(424) 356-7917
1 in this area
11 Total Sales
-
Nick Peters
N
Seller's Agent in 2017
Nick Peters
Real Brokerage Technologies
(310) 308-2609
6 in this area
48 Total Sales
-
Benjamin Larson
Seller Co-Listing Agent in 2017
Benjamin Larson
Real Brokerage Technologies
(310) 400-0536
5 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24121115
APN: 7502-011-046
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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
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