Seller's Agent in 2023
Steve Warshauer
Coldwell Banker Commercial
(562) 495-6070
12 in this area
20 Total Sales
1303 Beryl St Redondo Beach, CA 90277
Estimated Value: $2,082,000 - $2,672,000
5
Beds
4
Baths
4,930
Sq Ft
$471/Sq Ft
Est. Value
Highlights
- No HOA
- Park
- Rectangular Lot
- Beryl Heights Elementary School Rated A+
- Laundry Room
- 2-minute walk to Dominguez Park
About This Home
As of October 2023We are pleased to present the fourplex located at 1303 Beryl St., Redondo Beach. This prime income producing property is located just east of the Redondo Beach harbor. Walking distance to shops and restaurants. This unit mix consists of (2) - 3 bedroom/2 bath unit and (2) - 2 bedroom/ 1.5 bath units with 4 garages. This fourplex is being sold in conjunction with the following building or may be purchased separately: 1211 Beryl St (4 units). - Total $4,490,000 for the two property portfolio. Don't miss out on the opportunity to acquire two amazing investment properties totaling 8 units on 2 separate parcels with a total of 9,562 sq ft of buildings all in an A+ locations. A true value add opportunity.
Last Agent to Sell the Property
Coldwell Banker Commercial License #00499477 Listed on: 02/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,970
Year Built
- Built in 1963
Lot Details
- 5,609 Sq Ft Lot
- Lot Dimensions are 40x140
- Two or More Common Walls
- Rectangular Lot
- Level Lot
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
Interior Spaces
- 4,930 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 16 / 17
- Tax Tract Number 10019
- Assessor Parcel Number 7502015043
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Park
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $42,080
- Gross Income $120,000
- Net Operating Income $74,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2023
Closed on
Nov 15, 2023
Sold by
Beryl Utley 1303 Llc and Monkey Beryl Llc
Bought by
Monkey Beryl Llc and Beryl Utley 1303 Llc
Seller's Agent
Steve Warshauer
Coldwell Banker Commercial
Buyer's Agent
Noam Srolovitz
Kape Property Management, Inc.
List Price
$2,295,000
Sold Price
$2,075,000
Premium/Discount to List
-$220,000
-9.59%
Views
210
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
$245,836
Avg. Annual Appreciation
4.53%
Original Mortgage
$1,750,000
Outstanding Balance
$1,723,924
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$525,289
Purchase Details
Closed on
Aug 29, 2023
Sold by
Watson Brothers Properties Llc
Bought by
Beryl Utley 1303 Llc and Monkey Beryl Llc
Purchase Details
Closed on
Sep 18, 2008
Sold by
Watson Clarence L and Watson Clifford K
Bought by
Watson Brothers Properties Llc
Purchase Details
Closed on
Jun 10, 2005
Sold by
Watson Clarence L and Watson Clifford K
Bought by
Watson Clarence L
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 |
|---|---|---|---|
| Monkey Beryl Llc | -- | Ticor Title Company Of Califor | |
| Beryl Utley 1303 Llc | $2,075,000 | Ticor Title Company Of Califor | |
| Watson Brothers Properties Llc | -- | None Available | |
| Watson Clarence L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Monkey Beryl Llc | $1,750,000 | |
| Previous Owner | Watson Clarence L | $200,000 | |
| Previous Owner | Watson Clarence L | $202,600 | |
| Previous Owner | Watson Clarence L | $209,545 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $2,075,000 | -7.6% | $421 / Sq Ft |
| 06/29/2023 06/29/23 | Price Changed | $2,245,000 | -0.4% | $455 / Sq Ft |
| 06/29/2023 06/29/23 | Price Changed | $2,255,000 | -1.7% | $457 / Sq Ft |
| 02/07/2023 02/07/23 | For Sale | $2,295,000 | -- | $466 / 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 | $23,970 | $2,116,500 | $1,530,000 | $586,500 |
| 2024 | $23,970 | $2,075,000 | $1,500,000 | $575,000 |
| 2023 | $8,054 | $623,222 | $234,769 | $388,453 |
| 2022 | $7,957 | $611,003 | $230,166 | $380,837 |
| 2021 | $7,923 | $599,023 | $225,653 | $373,370 |
| 2019 | $7,782 | $581,258 | $218,961 | $362,297 |
| 2018 | $7,522 | $569,862 | $214,668 | $355,194 |
| 2016 | $7,252 | $547,735 | $206,333 | $341,402 |
| 2015 | $7,130 | $539,508 | $203,234 | $336,274 |
| 2014 | $7,067 | $528,940 | $199,253 | $329,687 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Warshauer
-
George Bustamante
Seller Co-Listing Agent in 2023
George Bustamante
Coldwell Banker Commercial
(562) 326-5043
12 in this area
42 Total Sales
-
Noam Srolovitz
N
Buyer's Agent in 2023
Noam Srolovitz
Kape Property Management, Inc.
(908) 227-5950
4 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23014271
APN: 7502-015-043
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
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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