NOT LISTED FOR SALE

1424 S Redondo Blvd Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,363,000 - $3,849,000

12 Beds
11 Baths
5,682 Sq Ft
$473/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $2,795,000 $492 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $17,381/month

11 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Open Floorplan
  • Gourmet Kitchen
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of July 2021

GREAT INVESTMENT OPPORTUNITY: 6.25-7% CAP RATE. This brand new contemporary townhouse-style triplex offers a rare opportunity in the finest area within the massively growing neighborhood of Mid City. The attention to detail and top-of-the-line finishes sets this new development apart. The property is secured by a remote-controlled steel gate. The front unit, the property's largest, has 5 bedrooms, including a private first-floor suite and a large master bedroom with a walk-in closet, and 4 and a half baths. The two back units (4 beds/2.5 baths & 3 beds/2.5 baths) provide very private living in the back structure. In all units, you will find a spacious & bright open layout with an abundance of light & beauty throughout. As you walk through the property, you will notice the captivating finishes that were selected with no expense spared. The property is equipped with full HD surveillance, Nest thermostats, high-end appliances, and Ring doorbells. Enjoy the ultimate Californian lifestyle, only 15 minutes away from Santa Monica, Beverly Hills, West Hollywood, & Downtown. Redondo is perfect for anyone looking to hold an amazing investment property they can live in and/or rent out in a phenomenal part of LA.

Last Agent to Sell the Property

Lucas Cintra

Christie's International Real Estate SoCal License #02103512 Listed on: 05/14/2021

Christie's International Real Estate SoCal

Last Buyer's Agent

Romy Flint

Sotheby's International Realty License #02043519

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,922

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,716 Sq Ft Lot
  • Lot Dimensions are 45x127
  • West Facing Home
  • Gated Home

Home Design

  • Split Level Home

Interior Spaces

  • 5,682 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • City Lights Views

Kitchen

  • Gourmet Kitchen
  • Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • 11 Bathrooms
  • Fireplace in Bathroom
  • Double Vanity
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Car Attached Garage
  • Automatic Gate

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5070-016-008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Security

  • Card or Code Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,922

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: New Project
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 5682
  • Lot Acreage: 0.1312
  • Lot Dimensions: 45x127
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2021
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Intercom, Built-Ins, Open Floor Plan
  • Fireplace Rooms: Bath, Den, Dining, Family Room, Kitchen, Living Room, Master Bedroom
  • Appliances: Built-Ins, Cooktop - Gas, Microwave, Gas/Electric Range, Oven
  • Bedrooms: 12
  • Bedroom Features: Main Floor Bedroom, Master Suite
  • Bathroom Features: Double Vanity(s), Powder Room, Shower Over Tub, Shower Stall
  • Kitchen Features: Counter Top, Gourmet Kitchen, Island
  • Laundry: Garage, In Unit, Inside, On Upper Level
  • Total Bathrooms: 11.00
  • Equipment: Dryer, Dishwasher, Built-Ins, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 527.10

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Other Structures: None
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage Is Attached, Garage - 2 Car, Garage
  • Total Parking: 6

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Fire and Smoke Detection System, Exterior Security Lights, Card/Code Access, Carbon Monoxide Detector(s), Fire Sprinklers, Gated, Smoke Detector
  • Water: Meter on Property

Lot Info

  • Assessor Parcel Number: 5070-016-008
  • Lot Description: Automatic Gate, Exterior Security Lights
  • Lot Size Area: 5716

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2018
Sold by
Park Chan Su
Bought by
Rt Pinnacle Llc
Current Estimated Value
$2,687,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,200
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
May 12, 2014
Closed on
May 19, 2014
Sold by
Lee Soon Ja
Bought by
Park Chan Su and Yun Young Yi
Seller's Agent
Soon Lee
New Star Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%

Purchase Details

Listed on
Oct 18, 2012
Closed on
May 7, 2013
Sold by
Kim Hyunsoo
Bought by
Lee Soon Ja
Seller's Agent
Morgan Pasco
KW Advisors
Buyer's Agent
Elijah Shin
Dream Realty & Investments Inc
List Price
$449,000
Sold Price
$429,000
Premium/Discount to List
-$20,000
-4.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Feb 24, 2011
Sold by
Wells Fargo Bank Na
Bought by
Inlender Nachum

Purchase Details

Closed on
Nov 4, 2010
Sold by
Jackson Ilona
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 23, 2001
Sold by
Hirschmann Ross A
Bought by
Jackson Ilona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5%

Purchase Details

Closed on
Nov 25, 1998
Sold by
Pomeranz Norman
Bought by
Hirschmann Ross A and Hirschmann Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.69%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Pomeranz Julia
Bought by
Pomeranz Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.69%

Purchase Details

Closed on
Feb 3, 1997
Sold by
Pomeranz Julie
Bought by
Pomeranz Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.62%

Purchase Details

Closed on
Jan 14, 1997
Sold by
Hicks Richard
Bought by
Hicks Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.62%

Purchase Details

Closed on
Jan 3, 1997
Sold by
Superstein David
Bought by
Pomeranz Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.62%

Purchase Details

Closed on
Jan 2, 1997
Sold by
Robinson Patricia A
Bought by
Pomeranz Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.62%

Purchase Details

Closed on
Nov 1, 1996
Sold by
Smith James
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rt Pinnacle Llc $899,000 Chicago Title Co
Park Chan Su $450,000 Chicago Title Company
Lee Soon Ja -- Lawyers Title
Inlender Nachum $220,000 Servicelink
Wells Fargo Bank Na $212,691 Accommodation
Jackson Ilona $181,500 --
Hirschmann Ross A -- United Title Company
Pomeranz Norman -- United Title Company
Pomeranz Norman -- United Title Company
Hicks Anne L -- United Title Company
Dearden Maureen C -- United Title Company
Pomeranz Norman $14,000 United Title Company
Pomeranz Norman $14,000 United Title Company
Meltzer Ben -- United Title Company
Pomeranz Norman $14,000 United Title Company
-- $82,935 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rt Pinnacle Llc $1,387,200
Previous Owner Jackson Ilona $171,000
Previous Owner Hirschmann Ross A $112,000
Previous Owner Pomeranz Norman $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2021 07/13/21 Sold $2,795,000 -6.7% $492 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $2,995,000 +233.1% $527 / Sq Ft
06/14/2018 06/14/18 Sold $899,000 0.0% $605 / Sq Ft View Prior Sale
04/07/2018 04/07/18 Pending -- -- --
03/04/2018 03/04/18 For Sale $899,000 +95.4% $605 / Sq Ft
05/29/2014 05/29/14 Sold $460,000 -7.8% $415 / Sq Ft View Prior Sale
05/15/2014 05/15/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $499,000 +16.3% $450 / Sq Ft
05/10/2013 05/10/13 Sold $429,000 0.0% $325 / Sq Ft View Prior Sale
03/13/2013 03/13/13 Price Changed $429,000 -4.5% $325 / Sq Ft
01/24/2013 01/24/13 For Sale $449,000 +4.7% $340 / Sq Ft
01/14/2013 01/14/13 Off Market $429,000 -- --
01/12/2013 01/12/13 For Sale $449,000 +4.7% $340 / Sq Ft
01/02/2013 01/02/13 Off Market $429,000 -- --
12/31/2012 12/31/12 For Sale $449,000 +4.7% $340 / Sq Ft
12/21/2012 12/21/12 Off Market $429,000 -- --
12/21/2012 12/21/12 For Sale $449,000 +4.7% $340 / Sq Ft
12/11/2012 12/11/12 Off Market $429,000 -- --
12/10/2012 12/10/12 For Sale $449,000 +4.7% $340 / Sq Ft
11/30/2012 11/30/12 Off Market $429,000 -- --
10/18/2012 10/18/12 For Sale $449,000 -- $340 / Sq Ft
Source: The MLS

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 $38,922 $3,289,743 $1,973,846 $1,315,897
2024 $38,922 $3,225,240 $1,935,144 $1,290,096
2023 $38,157 $3,162,000 $1,897,200 $1,264,800
2022 $32,809 $2,795,000 $1,500,000 $1,295,000
2021 $16,869 $1,415,835 $945,008 $470,827
2020 $17,147 $935,318 $748,255 $187,063
2019 $11,097 $916,980 $733,584 $183,396
2018 $6,744 $553,095 $387,850 $165,245
2016 $6,344 $523,278 $372,791 $150,487
2015 $5,562 $458,990 $367,192 $91,798
2014 $5,439 $430,947 $344,758 $86,189
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lucas Cintra

    Christie's International Real Estate SoCal

    (310) 500-3900

    1 in this area

    23 Total Sales

    Lucas Cintra
    Section Image
  • Romy Flint

    Buyer's Agent in 2021

    Romy Flint

    Sotheby's International Realty

    (310) 721-2354

    1 in this area

    13 Total Sales

    Romy Flint
    Section Image
  • Grace Kuh

    Seller's Agent in 2018

    Grace Kuh

    Summit Pro Realty

    (213) 276-2727

    25 Total Sales

    Grace Kuh
    Section Image

  • S

    Seller's Agent in 2014

    Soon Lee

    New Star Realty

    Section Image

  • S

    Buyer's Agent in 2014

    Subscriber Non

    Non-Participant Office

  • M

    Seller's Agent in 2013

    Morgan Pasco

    KW Advisors

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-732308

The MLS

APN: 5070-016-008

California Los Angeles County Los Angeles 90019 Mid-City

1424 S Redondo Blvd, Los Angeles, CA

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