NOT LISTED FOR SALE

Estimated Value: $2,188,000 - $2,859,000

8 Beds
5 Baths
4,170 Sq Ft
$610/Sq Ft Est. Value

Sale Details

Date Sold: June 19, 2020

Last sale price $1,900,000 $456 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $16,538 / mo

2 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • 1-minute walk to Dominguez Park
  • Beryl Heights Elementary School Rated A
  • Front Yard

About This Home

As of June 2020

Amazing opportunity and prime location! South Redondo quadruplex with 4,378 SF of living space on a 5,490 SF lot. The property consists of (1) 3-bedroom, 2.5-bathroom, 2-car garage updated unit, (2) 2-bedroom, 2 bathroom, 1-car garage units, and (1) 1-bedroom, 1-bathroom, 1-car garage unit. Features include copper plumber, a newer roof, newer deck and fencing, drought-resistant landscaping with a water efficient drip system. Coin laundry on site. Award winning Redondo Beach Unified schools.

Last Agent to Sell the Property

Yoshiko Oest

Bayside License #01493192 Listed on: 05/17/2020

Co-Listed By

Kim Boussard

Home Smart Realty Group License #01893869

Last Buyer's Agent

Andrew Fernandez

Andrew E. Fernandez, Broker License #01804554

Range of Values:

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Value Increase
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Percent Increase
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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

  • 5,490 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 5 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,170 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 13 / 17
  • Tax Tract Number 10019
  • Assessor Parcel Number 7502015040

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $456
  • Insurance Expense $1,787
  • Maintenance Expense $1,800
  • Trash Expense $1,145
  • Water Sewer Expense $1,440
  • New Taxes Expense $23,000
  • Operating Expense $29,643
  • Gross Income $97,584
  • Net Operating Income $72,687

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

5,490 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1440.00
  • Zoning: RBRMD
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7502015040
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 455.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Trash Expense: 1145.20
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5490.00
  • Lot Size Acres: 0.1260

Multi Family

  • Electric Expense: 456.00
  • Gross Income: 97584.00
  • Gross Scheduled Income: 97584.00
  • Insurance Expense: 1787.00
  • Laundry Income: 360.00
  • Lot Size Area: 5490.0000 Square Feet
  • Maintenance Expense: 1800.00
  • Net Operating Income: 72687.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 24897.00
  • Rent Control: No
  • Total Actual Rent: 8102.00
  • Total Expenses: 29643.20

Tax Info

  • New Taxes Expense: 23000.00
  • Tax Block: 17
  • Tax Census Tract: 6212.01
  • Tax Lot: 13
  • Tax Tract Number: 10019

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Prior Sale
06/19/2020 06/19/20 Sold $1,900,000 +1.3% $456 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $1,875,000 -0.5% $450 / Sq Ft
02/26/2019 02/26/19 Sold $1,885,000 -3.3% $452 / Sq Ft View Prior Sale
01/23/2019 01/23/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $1,950,000 -- $468 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20094019

California Regional Multiple Listing Service (CRMLS)

APN: 7502-015-040

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