NOT LISTED FOR SALE

1309 Beryl St Redondo Beach, CA 90277

Estimated Value: $2,071,000 - $2,895,431

9 Beds
9 Baths
4,930 Sq Ft
$511/Sq Ft Est. Value

Last Sold September 26, 2012

Last sale price $1,120,000 $227 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $15,049/month

28 Days on Market

Highlights

  • No HOA
  • Living Room
  • Carpet
  • Beryl Heights Elementary School Rated A+
  • Laundry Room
  • 1-minute walk to Dominguez Park

About This Home

As of September 2012

This four unit income property is located in South Redondo Beach couple block south of 190th Street. Across the Beryl Street there is a large
shopping center with Von's grocery store. Few blocks from the beach. There are 5 car garages and a laundry room with hot water tank and
washer and dryer.

Last Agent to Sell the Property

Shan Yu

Home Team Realty License #00496107 Listed on: 08/10/2012

Last Buyer's Agent

Robert Freedman

DOMO Real Estate License #00711607

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,019

Year Built

  • Built in 1963

Lot Details

  • 5,592 Sq Ft Lot
  • Front Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 4,930 Sq Ft Home
  • Window Screens
  • Living Room
  • Carpet

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502015046

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • Electric Expense $600
  • Gardener Expense $900
  • Insurance Expense $1,200
  • Maintenance Expense $2,500
  • Supplies Expense $360
  • Trash Expense $560
  • Water Sewer Expense $1,500
  • New Taxes Expense $14,400
  • Gross Income $75
  • Net Operating Income $54,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,019

Year Built

Built in 1963

Lot Details

0

Parking

5

Listing Details

  • Inclusions: washer and dryer
  • Other Phone Description: Cell Phone
  • Other Phone Number: 310-408-9936
  • Supplies Expense: 360.00
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7502015046
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 227.18
  • Room Type: Living Room, Master Bedroom
  • Window Features: Screens

Exterior Features

  • Construction Materials: Frame, Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Available
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Water Heater, Disposal
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Individual Room, Washer Included
  • Trash Expense: 560.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5592.00
  • Lot Size Acres: 0.1280

Multi Family

  • Average2 Bed Area: 1100
  • Average3 Bed Area: 1500
  • Electric Expense: 600.00
  • Gross Income: 75.00
  • Gross Scheduled Income: 76980.00
  • Insurance Expense: 1200.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5592.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 54960.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Operating Expense: 22020.00
  • Rent Control: No
  • Total Actual Rent: 76980.00

Tax Info

  • New Taxes Expense: 14400.00
  • Tax Lot: 19
  • Tax Tract Number: 10019
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2012
Closed on
Sep 12, 2012
Sold by
Yu Shan Yuan and Yu Anna Y
Bought by
Lutz Gregory W and Lutz Ann C
Seller's Agent
Shan Yu
Home Team Realty
Buyer's Agent
Robert Freedman
DOMO Real Estate
List Price
$1,190,000
Sold Price
$1,120,000
Premium/Discount to List
-$70,000
-5.88%
Current Estimated Value
$2,516,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,396,858
Avg. Annual Appreciation
6.43%
Original Mortgage
$265,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage
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
Lutz Gregory W $1,120,000 Advantage Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Gregory W $940,000
Closed Lutz Gregory W $500,000
Closed Lutz Gregory W $300,000
Closed Lutz Gregory W $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2012 09/26/12 Sold $1,120,000 -5.9% $227 / Sq Ft
09/07/2012 09/07/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $1,190,000 -- $241 / 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 $16,019 $1,379,189 $886,621 $492,568
2024 $16,019 $1,352,147 $869,237 $482,910
2023 $15,736 $1,325,636 $852,194 $473,442
2022 $15,533 $1,299,644 $835,485 $464,159
2021 $15,313 $1,274,161 $819,103 $455,058
2019 $15,026 $1,236,370 $794,809 $441,561
2018 $14,629 $1,212,128 $779,225 $432,903
2016 $14,149 $1,165,062 $748,968 $416,094
2015 $13,896 $1,147,562 $737,718 $409,844
2014 $13,731 $1,125,084 $723,268 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12100656

California Regional Multiple Listing Service (CRMLS)

APN: 7502-015-046