S
Seller's Agent in 2022
Stephanie Wells
Real Estate West, Inc.
(310) 546-3441
1 in this area
2 Total Sales
142 Paseo de la Concha Redondo Beach, CA 90277
Riviera Neighborhood
4
Beds
3
Baths
8,116
Sq Ft
8,760
Sq Ft Lot
Highlights
- Contemporary Architecture
- Property is near park
- No HOA
- Riviera Elementary School Rated A
- Wood Flooring
- 3-minute walk to Miramar Park
About This Home
As of September 2022Twelve unit apartment complex in prime location. This property is one block from Torrance Beach. This is a very hot property located within walking distance to the Riviera Village as well as Torrance/Redondo Beach. Twelve units include, 2- studios, 7- 1 bedrooom units and 3- 2 bedroom units. All units occupied. Almost all units have been recently remodeled. Great/easy tenants. Laundry on site. Service provided from outside source. Nice patio area with BBQ and table w/ chairs. Please call with any inquiries but do not disturb tenants
Last Agent to Sell the Property
Real Estate West, Inc. License #01442352 Listed on: 05/18/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 8,762 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 6 Car Garage
- 6 Carport Spaces
- Parking Available
- Front Facing Garage
- Single Garage Door
- Assigned Parking
Home Design
- Contemporary Architecture
- Apartment
- Flat Roof Shape
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 8,116 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Utilities
- Wall Furnace
- Natural Gas Connected
- Phone Available
- Cable TV Available
Additional Features
- Outdoor Grill
- Property is near park
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 12 / E
- Tax Tract Number 10303
- Assessor Parcel Number 7511019009
Community Details
Overview
- No Home Owners Association
- 12 Units
Amenities
- Laundry Facilities
Recreation
- Park
- Dog Park
- Water Sports
- Bike Trail
Building Details
- 12 Leased Units
- 12 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,400
- Fuel Expense $2,640
- Gardener Expense $1,920
- Insurance Expense $5,112
- Pest Control $672
- Professional Management Expense $6,000
- Trash Expense $1,728
- Water Sewer Expense $5,400
- Operating Expense $26,272
- Gross Income $165,676
- Net Operating Income $165,676
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $6,700,000 | -6.9% | $826 / Sq Ft | |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- | |
| 05/18/2022 05/18/22 | For Sale | $7,199,000 | +20.0% | $887 / Sq Ft | |
| 04/26/2019 04/26/19 | Sold | $6,000,000 | -7.7% | $739 / Sq Ft | View Prior Sale |
| 03/05/2019 03/05/19 | Price Changed | $6,500,000 | -6.5% | $801 / Sq Ft | |
| 01/21/2019 01/21/19 | For Sale | $6,950,000 | -- | $856 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $77,498 | $6,970,680 | $4,161,600 | $2,809,080 |
| 2024 | $77,498 | $6,834,000 | $4,080,000 | $2,754,000 |
| 2023 | $76,042 | $6,700,000 | $4,000,000 | $2,700,000 |
| 2022 | $70,943 | $6,201,952 | $4,961,562 | $1,240,390 |
| 2021 | $70,091 | $6,080,346 | $4,864,277 | $1,216,069 |
| 2019 | $43,178 | $3,682,363 | $2,207,423 | $1,474,940 |
| 2018 | $42,058 | $3,610,211 | $2,164,141 | $1,446,070 |
| 2016 | $40,180 | $3,467,562 | $2,080,105 | $1,387,457 |
| 2015 | $39,324 | $3,415,477 | $2,048,860 | $1,366,617 |
| 2014 | $38,331 | $3,348,573 | $2,008,726 | $1,339,847 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Wells
-
Thomas Cole
T
Buyer's Agent in 2022
Thomas Cole
The Realestate Group
(310) 421-4407
1 in this area
2 Total Sales
-
Rachel Ezra
Seller's Agent in 2019
Rachel Ezra
Vista Sotheby’s International Realty
(310) 400-0297
3 in this area
37 Total Sales
-
Audrey Judson
Seller Co-Listing Agent in 2019
Audrey Judson
Pacifica Properties Group, Inc.
(310) 902-3234
2 in this area
52 Total Sales
-
T
Buyer's Agent in 2019
Tena Wells
Vantage Point
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22105347
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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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