NOT LISTED FOR SALE

Estimated Value: $2,159,000 - $3,173,000

9 Beds
6 Baths
4,442 Sq Ft
$632/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2015

Last sale price $1,700,000 $383 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $17,273 / mo

2 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Carpet
  • Beryl Heights Elementary School Rated A
  • Laundry Facilities
  • 3-minute walk to Dominguez Park

About This Home

As of July 2015

Never been on the market for sale in 18 years, great and quiet location but convenient walk to supermarket and restaurant, dive distance in 5 minutes to beach, one year new exterior paint, windows, rain gutter and water heaters, owner owns one year new coin laundry machine for unit B,C,D and collect extra income, unit A is owner occupied style unit with 2 car garage, washer/dryer hook up in unit, 3 bedroom with 2 and half bath, front gated porch and enclosed back patio, one unit with 2 bed 2 bath and other two units with 2 bed 1.5 bath, excellent long term tenants, one tenant stays over 20 years and one tenant stays 18 years, long term tenants cause rent income little low but new buyer can raise up the rent after lease expired, 3 units lease will be ended at end of June and one unit lease ended at end of Oct., nice and clean unit, all roll up garage doors, please don't ask tenant any question, they are not aware the property for sale, drive by only, subject to inspection.

Last Agent to Sell the Property

Diana Lee

Home Team Realty License #00990486 Listed on: 05/27/2015

Home Team Realty

Last Buyer's Agent

Terri Harkins

Vista Sotheby's International Realty License #00968312

Vista Sotheby's International Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,114 Sq Ft Lot
  • No Common Walls
  • Sprinklers on Timer
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Composition Roof

Interior Spaces

  • 4,442 Sq Ft Home
  • Double Pane Windows
  • Living Room with Fireplace
  • Built-In Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Radiant Heating System
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 12 / 16
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502010058

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • Electric Expense $1,100
  • Gardener Expense $480
  • Insurance Expense $1,638
  • Trash Expense $600
  • Water Sewer Expense $1,679
  • New Taxes Expense $20,388
  • Gross Income $7,950
  • Net Operating Income $69,470

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

5,114 Sq Ft Lot

Parking

5

Listing Details

  • Assessments: Yes
  • Inclusions: washer and dryer in laundry room
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1679.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7502010058
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 382.71
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Radiant
  • Sewer: Unknown
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Features: 0-1 Unit/Acre, Sprinklers Timer
  • Lot Size Sq Ft: 5114.00
  • Price Per Lot Square Foot: 332.42
  • Lot Size Acres: 0.1170

Multi Family

  • Electric Expense: 1100.00
  • Gross Income: 7950.00
  • Gross Scheduled Income: 95400.00
  • Insurance Expense: 1638.00
  • Lot Size Area: 5114.0000 Square Feet
  • Net Operating Income: 69470.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 25930.00
  • Rent Control: No
  • Total Actual Rent: 5700.00

Tax Info

  • New Taxes Expense: 20388.00
  • Tax Block: 16
  • Tax Lot: 12
  • Tax Tract Number: 10019
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Sep 14, 2015
Sold by
Neill Jillian L O
Bought by
Seller's Agent
Diana Lee
Home Team Realty
Buyer's Agent
Terri Harkins
Vista Sotheby's International Realty
List Price
$1,699,000
Sold Price
$1,700,000
Premium/Discount to List
$1,000
0.06%
Current Estimated Value
$2,768,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,068,767
Avg. Annual Appreciation
4.61%

Purchase Details

Listed on
May 27, 2015
Closed on
Jun 3, 2015
Sold by
Chien Calvin C
Bought by
Neill Jilliam L O and Neill Robert P O
Seller's Agent
Diana Lee
Home Team Realty
Buyer's Agent
Terri Harkins
Vista Sotheby's International Realty
List Price
$1,699,000
Sold Price
$1,700,000
Premium/Discount to List
$1,000
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2000
Sold by
Chien Calvin
Bought by
Chien Calvin C and Chien Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
7.67%

Purchase Details

Closed on
Jan 1, 1999
Sold by
Chien Calvin
Bought by
Chien Calvin and Chien Hao

Purchase Details

Closed on
Feb 28, 1997
Sold by
Chua Perla Tr Perla Chua Trust
Bought by
Chien Calvin and Chien Hao

Purchase Details

Closed on
May 31, 1994
Sold by
Chua Perla
Bought by
Chua Perla
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Redondo Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Neill Jilliam L O $1,700,000 Wfg Title Company
Chien Calvin C -- South Coast Title
Chien Calvin -- --
Chien Calvin $395,000 Continental Lawyers Title Co
Chua Perla -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $700,000
Previous Owner Chien Calvin C $322,000
Previous Owner Chien Calvin C $291,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $1,700,000 +0.1% $383 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $1,699,000 -- $382 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,954 $2,062,356 $1,231,619 $830,737
2025 $23,954 $2,021,919 $1,207,470 $814,449
2024 $22,907 $1,982,275 $1,183,795 $798,480
2023 $22,490 $1,943,408 $1,160,584 $782,824
2022 $22,195 $1,905,303 $1,137,828 $767,475
2021 $21,815 $1,867,945 $1,115,518 $752,427
2019 $21,399 $1,812,542 $1,082,432 $730,110
2018 $20,858 $1,777,003 $1,061,208 $715,795
2016 $20,110 $1,700,000 $1,020,000 $680,000
2015 $7,069 $535,271 $264,246 $271,025
2014 $7,006 $524,786 $259,070 $265,716
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15113445

California Regional Multiple Listing Service (CRMLS)

APN: 7502-010-058

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