NOT LISTED FOR SALE

Estimated Value: $2,057,000 - $2,325,104

6 Beds
6 Baths
4,186 Sq Ft
$524/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2023

Last sale price $2,125,000 $508 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $14,476 / mo

158 Days on Market

Highlights

  • Property is near park
  • No HOA
  • Laundry Facilities
  • Beryl Heights Elementary School Rated A
  • Park
  • 2-minute walk to Dominguez Park

About This Home

As of September 2023

Stunning 2-bed, 2-bath unit in Redondo Beach. NEWLY renovated, featuring light grey hardwood floors, Carrera granite countertops, and stainless steel appliances. Onsite laundry and parking garage for $100.00. Ample storage with large mirrored closets in each room. Enjoy the coastal lifestyle just minutes from parks and beaches, shops and restaurants.RUBS (Ratio Utility Building System): All tenants share the bill for water, trash and sewer.Renter is responsible for electricityEqual Housing Opportunity.

Last Agent to Sell the Property

Steve Warshauer

Coldwell Banker Commercial Brokerage Phone: 562-397-9520 License #00499477 Listed on: 02/07/2023

Coldwell Banker Commercial

Co-Listed By

George Bustamante

Coldwell Banker Commercial Brokerage Phone: 562-397-9520 License #01484265

Last Buyer's Agent

Todd Pearl

Equity Union License #01407700

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,315 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 4,186 Sq Ft Home
  • 2-Story Property
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • Property is near park
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / 15
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502014034

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $30,638
  • Gross Income $92,400
  • Net Operating Income $58,990

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

5,315 Sq Ft Lot

Parking

4

Listing Details

  • CapRate: 2.63
  • Property Attached: Yes
  • Zoning: RBRMD
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7502014034
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 507.64

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 5315.00
  • Lot Size Acres: 0.1220

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 92400.00
  • Gross Multiplier: 24.30
  • Gross Operating Income: 89628.00
  • Gross Scheduled Income: 92400.00
  • Lot Size Area: 5315.0000 Square Feet
  • Net Operating Income: 58990.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 30638.00
  • Rent Control: No
  • Total Expenses: 30638.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 6212.01
  • Tax Lot: 5
  • Tax Tract Number: 10019

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
Feb 7, 2023
Closed on
Jul 18, 2023
Sold by
Watson Brothers Properties Llc
Bought by
Seller's Agent
Steve Warshauer
Coldwell Banker Commercial
Buyer's Agent
Todd Pearl
Equity Union
List Price
$2,295,000
Sold Price
$2,125,000
Premium/Discount to List
-$170,000
-7.41%
Views
110
Current Estimated Value
$2,216,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,617
Avg. Annual Appreciation
1.11%
Original Mortgage
$1,556,250
Interest Rate
6.9%
Mortgage Type
New Conventional

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
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
$2,125,000 Ticor Title Company
Watson Brothers Properties Llc -- None Available
Watson Clarence L -- --
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
Open $1,544,075
Previous Owner Fischer Patrick $1,556,250
Previous Owner Watson Clarence L $100,000
Previous Owner Watson Clarence L $100,000
Previous Owner Watson Clarence L $273,045
Previous Owner Watson Clarence L $285,196
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
04/05/2026 04/05/26 Off Market -- -- --
01/29/2026 01/29/26 Price Changed $3,100 0.0% $3 / Sq Ft
01/24/2026 01/24/26 Price Changed $3,100 0.0% $3 / Sq Ft
12/30/2025 12/30/25 Price Changed $3,100 0.0% $3 / Sq Ft
11/21/2025 11/21/25 For Rent $3,100 0.0% --
11/04/2025 11/04/25 Off Market $3,100 -- --
09/02/2025 09/02/25 Price Changed $3,100 -3.1% $3 / Sq Ft
08/21/2025 08/21/25 For Rent $3,200 0.0% --
09/15/2023 09/15/23 Sold $2,125,000 -5.3% $508 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $2,245,000 -0.4% $536 / Sq Ft
06/29/2023 06/29/23 Price Changed $2,255,000 -1.7% $539 / Sq Ft
02/07/2023 02/07/23 For Sale $2,295,000 -- $548 / 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 $26,948 $2,210,850 $1,664,640 $546,210
2025 $26,948 $2,167,500 $1,632,000 $535,500
2024 $24,432 $2,125,000 $1,600,000 $525,000
2023 $8,439 $666,162 $187,642 $478,520
2022 $8,336 $653,101 $183,963 $469,138
2021 $8,296 $640,296 $180,356 $459,940
2019 $8,147 $621,306 $175,007 $446,299
2018 $7,911 $609,125 $171,576 $437,549
2016 $7,639 $585,473 $164,914 $420,559
2015 $7,509 $576,679 $162,437 $414,242
2014 $7,440 $565,384 $159,256 $406,128
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23014228

California Regional Multiple Listing Service (CRMLS)

APN: 7502-014-034

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