NOT LISTED FOR SALE

Estimated Value: $2,496,000 - $3,275,000

8 Beds
8 Baths
4,365 Sq Ft
$656/Sq Ft Est. Value

Sale Details

Date Sold: September 24, 2025

Last sale price $2,750,000 $630 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $17,802 / mo

41 Days on Market

Highlights

  • Primary Bedroom Suite
  • Two Way Fireplace
  • Bonus Room
  • All Bedrooms Downstairs
  • Traditional Architecture
  • No HOA

About This Home

As of September 2025

This is such an awesome location for a totally remodeled Home plus triplex in Redondo Beach. Firstly you are located at the end of a quiet cul de sac, slightly more than a mile from the south end of the Beach on the Hermosa/Redondo border. Flagler Lane abuts the Cul de Sac, with abundant parking three doors from the building. On the east side of Flagler Lane is a regional park and a dog park. Vons is a block away! The 405 freeway is 10 minutes! This building was renovated several years ago and all the units received new kitchens, with granite countertops, gleaming stainless steel appliances, sleek laminate wood floors, new bathrooms, and washer and dryers, and new blinds. I’m thinking that this tract of homogenous building was built in the 60’s so that folks live in a spacious separate home and have income units to help offset the payments over time. The front house operates completely independently, because the garage and driveway are accessed off Amethyst, and the spacious front home has a private yard and a second story roof deck. There is a dual sided fireplace that services the entire living area, including the massive kitchen with so much storage, you will be awed. The baths are well appointed and the entire space has a luxurious feel. The front house was most recently rented for $5,295, so these make incredible trophy properties to hold in your estate that actually make sense. These make the best possible long term investments because of the numerous exit strategies, unlike larger income properties. The garages for the back units are located on the wide alley behind. Now most of the buildings in the neighborhood have been gentrified and this particular block is REALLY special. See the income property listing or the supplement for details on rents and expenses

Last Agent to Sell the Property

Robert Freedman

DOMO Real Estate Brokerage Phone: 310-291-7779 License #00711607 Listed on: 06/24/2025

Co-Listed By

Greg Geilman

DOMO Real Estate Brokerage Phone: 310-291-7779 License #01788567

Last Buyer's Agent

Luke Maggio

West Shores Realty, Inc. License #02117804

West Shores Realty, Inc.

Range of Values:

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Value Increase
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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

  • 5,607 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Paved or Partially Paved Lot

Parking

  • 4 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Two Garage Doors

Home Design

  • Traditional Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,365 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Two Way Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Grab Bar In Bathroom
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 12 / 17
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502015039
  • $1,159 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,440
  • Insurance Expense $5,698
  • Maintenance Expense $9,228
  • Professional Management Expense $7,382
  • Trash Expense $2,400
  • Water Sewer Expense $1,850
  • New Taxes Expense $31,339
  • Operating Expense $59,337
  • Gross Income $184,560
  • Net Operating Income $121,531

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

5,607 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 4.27
  • Improvements Percent: 55.00
  • Professional Management Expense: 7382.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1850.00
  • Zoning: RBRMD
  • Architectural Style: Traditional
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 7502015039
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Tile Counters, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Masonry, Two Way
  • Levels: Two
  • Price Per Square Foot: 630.01
  • Room Type: All Bedrooms Down, All Bedrooms Up, Bonus Room, Family Room, Kitchen, Living Room, Primary Suite

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave
  • Heating Type: Electric, Fireplace(s), Radiant
  • Laundry Features: In Garage, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value Percent: 45.00
  • Lot Features: Cul-De-Sac, Paved
  • Lot Size Sq Ft: 5607.00
  • Lot Size Acres: 0.1287

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 605 Square Feet
  • Average2 Bed Area: 905 Square Feet
  • Average3 Bed Area: 1950 Square Feet
  • Gross Income: 184560.00
  • Gross Multiplier: 15.44
  • Gross Operating Income: 11689.00
  • Gross Scheduled Income: 15380.00
  • Insurance Expense: 5698.00
  • Lot Size Area: 5607.0000 Square Feet
  • Maintenance Expense: 9228.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 121531.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 59337.00
  • Operating Expense Percent: 32.15
  • Rent Control: No
  • Total Actual Rent: 15380.00
  • Total Expenses: 59337.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 31339.00
  • Tax Block: 17
  • Tax Census Tract: 6212.01
  • Tax Lot: 12
  • Tax Tract Number: 10019
  • TaxOtherAnnualAssessmentAmount: 1159.00

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
Jun 24, 2025
Closed on
Sep 6, 2025
Sold by
Bought by
Seller's Agent
Robert Freedman
DOMO Real Estate
Buyer's Agent
Luke Maggio
West Shores Realty, Inc.
List Price
$2,849,000
Sold Price
$2,750,000
Premium/Discount to List
-$99,000
-3.47%
Views
24
Current Estimated Value
$2,864,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,183
Avg. Annual Appreciation
4.90%
Original Mortgage
$1,500,000
Outstanding Balance
$1,487,717
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$1,376,466

Purchase Details

Closed on
Jul 18, 2018
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
4.43%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,750,000 Lawyers Title Company
-- None Available
$1,875,000 Lawyers Title
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 $1,500,000
Closed $875,000
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
09/24/2025 09/24/25 Sold $2,750,000 -3.5% $630 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
06/24/2025 06/24/25 For Sale $2,849,000 -- $653 / 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
2025 $24,720 $2,091,593 $937,033 $1,154,560
2024 $23,644 $2,050,582 $918,660 $1,131,922
2023 $23,213 $2,010,376 $900,648 $1,109,728
2022 $22,907 $1,970,958 $882,989 $1,087,969
2021 $22,510 $1,932,313 $865,676 $1,066,637
2019 $22,497 $1,912,500 $856,800 $1,055,700
2018 $21,932 $1,875,000 $1,125,000 $750,000
2016 $3,362 $208,721 $74,539 $134,182
2015 $3,313 $205,587 $73,420 $132,167
2014 $3,305 $201,561 $71,982 $129,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25141793

California Regional Multiple Listing Service (CRMLS)

APN: 7502-015-039

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