NOT LISTED FOR SALE

1219 Beryl St Redondo Beach, CA 90277

Estimated Value: $2,340,000 - $3,467,000

10 Beds
9 Baths
4,632 Sq Ft
$609/Sq Ft Est. Value

Last Sold August 20, 2019

Last sale price $1,900,000 $410 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $16,384/month

58 Days on Market

Highlights

  • Property is near a park
  • Traditional Architecture
  • Neighborhood Views
  • Beryl Heights Elementary School Rated A+
  • No HOA
  • 3-minute walk to Dominguez Park

About This Home

As of August 2019

South Redondo Beach 4 unit building within walking distance of the beach and local shopping. 4 bedroom, 2.5 bath unit in front and (3) 2 bed/2 bath units behind. 4 single car garage spaces on the alley in back of the building. All electric building. New roof and new copper plumbing in 2018. Street to Alley lot. Lots of potential upside on rent. Long term tenants. Easy to rent. 73 Walk-score. Don't miss out!

Last Agent to Sell the Property

Michael Miller

Inland Pacific Management Company License #01150951 Listed on: 03/18/2019

Co-Listed By

Katherine Oreste

Inland Pacific Management Company License #01987863

Last Buyer's Agent

Merritt Miller

Century 21 Select Real Estate License #848726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,105

Year Built

  • Built in 1963

Lot Details

  • 5,199 Sq Ft Lot
  • Lot Dimensions are 47x109
  • Two or More Common Walls
  • South Facing Home
  • Fenced
  • Fence is in average condition
  • Density is 11-15 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Quadruplex
  • Cosmetic Repairs Needed
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,632 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Electric Cooktop

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Location

  • Property is near a park
  • Suburban Location

Additional Features

  • Exterior Lighting
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 29 / 16
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502010072

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • Electric Expense $1,158
  • Gardener Expense $720
  • Insurance Expense $1,800
  • Maintenance Expense $3,940
  • Pest Control $500
  • Professional Management Expense $4,000
  • Trash Expense $655
  • Water Sewer Expense $2,175
  • New Taxes Expense $22,000
  • Operating Expense $36,993
  • Gross Income $84,000
  • Net Operating Income $66,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,105

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Improvements Amount: 518047
  • Professional Management Expense: 4000.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Water Sewer Expenses: 2175.00
  • Zoning: RBRMD
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7502010072
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: South Facing
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 410.19

Exterior Features

  • Direction Faces: South
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Electric: Standard
  • Heating Type: Electric
  • Laundry Features: Community
  • Pest Control Expense: 500.00
  • Sewer: Public Sewer
  • Trash Expense: 655.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value: 335201
  • Lot Features: 11-15 Units/Acre, Park Nearby
  • Lot Size: 47x109
  • Lot Size Sq Ft: 5199.00
  • Lot Size Acres: 0.1194

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 1158.00
  • Gross Operating Income: 84000.00
  • Gross Scheduled Income: 90600.00
  • Insurance Expense: 1800.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 5199.0000 Square Feet
  • Maintenance Expense: 3940.00
  • Net Operating Income: 66750.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 1
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 1400.00
  • Rent Control: No
  • Total Actual Rent: 7550.00
  • Total Expenses: 36993.00

Tax Info

  • New Taxes Expense: 22000.00
  • Tax Block: 16
  • Tax Census Tract: 6212.01
  • Tax Lot: 29
  • Tax Tract Number: 10019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Adw No 1 Llc
Bought by
Kabushikigaisha Mizobuchi Ringyo
Current Estimated Value
$2,561,894

Purchase Details

Closed on
May 22, 2019
Sold by
Tsai Pinfun and The Survivors Trust
Bought by
Adw No 1 Llc

Purchase Details

Closed on
Aug 1, 2018
Sold by
Tsai Pinfun
Bought by
Tsai Pinfun and Tsai Family Trust

Purchase Details

Closed on
Aug 6, 2016
Sold by
Goo Gary W
Bought by
Tsai Pin Fun and The Tsai Family Trust

Purchase Details

Closed on
Apr 5, 2012
Sold by
Tsai Pin Fun
Bought by
Tsai Pin Fun and Goo Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2009
Sold by
Goo Gary W
Bought by
Tsai Pin Fun

Purchase Details

Closed on
May 18, 2007
Sold by
Tsai Pin Fun and The Tsai Family Trust
Bought by
Goo Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1992
Sold by
Tsai Wan Tswan
Bought by
Tsai Wan T and Tsai Pin Fun
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
Kabushikigaisha Mizobuchi Ringyo $2,400,000 First American Title Company
Adw No 1 Llc $1,900,000 First American Title Co
Tsai Pinfun -- None Available
Tsai Pin Fun -- None Available
Tsai Pin Fun -- Progressive Title Company
Tsai Pin Fun -- None Available
Goo Gary W -- Chicago Title Co
Tsai Wan T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsai Pin Fun $379,000
Previous Owner Goo Gary W $400,000
Previous Owner Tsai Wan T $181,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2019 08/20/19 Sold $1,900,000 -9.5% $410 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
05/01/2019 05/01/19 Price Changed $2,100,000 -4.5% $453 / Sq Ft
03/18/2019 03/18/19 For Sale $2,200,000 -- $475 / 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 $29,105 $2,597,835 $1,731,890 $865,945
2024 $29,105 $2,546,898 $1,697,932 $848,966
2023 $28,569 $2,496,960 $1,664,640 $832,320
2022 $28,190 $2,448,000 $1,632,000 $816,000
2021 $27,662 $2,400,000 $1,600,000 $800,000
2020 $22,418 $1,900,000 $1,100,000 $800,000
2019 $11,144 $887,718 $348,743 $538,975
2018 $10,841 $870,312 $341,905 $528,407
2016 $10,477 $836,519 $328,629 $507,890
2015 $10,294 $823,955 $323,693 $500,262
2014 $10,183 $807,816 $317,353 $490,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19060422

California Regional Multiple Listing Service (CRMLS)

APN: 7502-010-072