NOT LISTED FOR SALE

Estimated Value: $1,280,000 - $1,625,000

3 Beds
3 Baths
1,781 Sq Ft
$836/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $1,236,000 $694 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,371/month

35 Days on Market

Highlights

  • Laundry Room
  • Central Heating
  • 3-minute walk to Edith Rodaway Friendship Park
  • Jefferson Elementary School Rated A+
  • Back Yard

About This Home

As of July 2021

Welcome home to 1623 Van Horne Lane! Located in beautiful Redondo Beach. Originally a 3 bed 3 bath house with a bonus room down stairs. It is currently a 2 bed 2 bath upstairs unit, and a separate 1 bed 1 bath unit below. Amazing outdoor space at the rear of the property which the bottom unit has access to creates a wonderful space for outdoor living. The 2 bedroom has a wonderful living space with hardwood floors that lead out thru French doors into a large outdoor balcony which allows in the gently ocean breeze and dazzling light. All with in a short distance to the beach, restaurants, shops and award winning schools. There are 2 separate tenants, both are month to month.

Last Agent to Sell the Property

Alex Abad

Tower-60 License #01701311 Listed on: 05/03/2021

Last Buyer's Agent

Alicia Greene

Vista Sotheby’s International Realty License #00773849

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,105

Year Built

  • Built in 1961

Lot Details

  • 2,502 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,781 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 17 / 123
  • Tax Tract Number 860
  • Assessor Parcel Number 4160019016

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $170
  • Insurance Expense $760
  • Trash Expense $540
  • Water Sewer Expense $900
  • New Taxes Expense $16,237
  • Operating Expense $19,537
  • Gross Income $45,600
  • Net Operating Income $43,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,105

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: RBR-1A
  • Property Type: Residential Income
  • Parcel Number: 4160019016
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 693.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 540.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2502.00
  • Lot Size Acres: 0.0574

Multi Family

  • Electric Expense: 170.00
  • Gross Income: 45600.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 760.00
  • Lot Size Area: 2502.0000 Square Feet
  • Net Operating Income: 43800.00
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Expenses: 19537.00

Tax Info

  • New Taxes Expense: 16237.00
  • Tax Block: 123
  • Tax Census Tract: 6207.02
  • Tax Lot: 17
  • Tax Tract Number: 860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Challon Glenn Kristian and Davis Brittany
Bought by
Glenn Family Revocable Trust and Glenn
Current Estimated Value
$1,488,770

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 29, 2021
Sold by
Jennings Casey T and Jennings Kerri Walsh
Bought by
Glenn Kristian Challon and Glenn Brittany Davis
Seller's Agent
Alex Abad
Tower-60
Buyer's Agent
Alicia Greene
Vista Sotheby’s International Realty
List Price
$1,299,000
Sold Price
$1,236,000
Premium/Discount to List
-$63,000
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$1,000,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2015
Sold by
Jennings Kerri Walsh
Bought by
Jennings Casey T and Jennings Kerri Walsh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2003
Sold by
Lavenson James Walter
Bought by
Walsh Kerri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,200
Interest Rate
5.5%

Purchase Details

Closed on
Sep 5, 2001
Sold by
Lavenson James Walter
Bought by
Lavenson James Walter and Lavenson Jennifer Taccini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
6.99%

Purchase Details

Closed on
Jun 28, 2000
Sold by
Chavez David
Bought by
Lavenson James Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.55%

Purchase Details

Closed on
Jun 10, 1997
Sold by
Wiens Ralph W Tr Ralph W Wiens Trust
Bought by
Chavez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
7.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 22, 1993
Sold by
The Ralph W Wiens Trust
Bought by
Wiens Ralph W and Ralph W Wiens Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,750
Interest Rate
3.87%
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
Glenn Family Revocable Trust -- None Listed On Document
Glenn Kristian Challon $1,250,000 First American Title Co
Jennings Casey T -- Old Republic Title Company
Walsh Kerri L $479,000 First American Title Co
Lavenson James Walter -- --
Lavenson James Walter -- Fidelity Title
Lavenson James Walter $295,000 First American Title Co
Chavez David $215,000 First American
Wiens Ralph W -- Title Land Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glenn Kristian Challon $1,000,000
Previous Owner Jennings Casey T $417,000
Previous Owner Walsh Kerri L $150,000
Previous Owner Walsh Kerri L $60,000
Previous Owner Walsh Kerri L $452,000
Previous Owner Walsh Kerri L $383,200
Previous Owner Lavenson James Walter $271,000
Previous Owner Lavenson James Walter $236,000
Previous Owner Chavez David $194,000
Previous Owner Wiens Ralph W $58,750
Closed Lavenson James Walter $29,500
Closed Walsh Kerri L $71,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $1,236,000 -4.8% $694 / Sq Ft
05/03/2021 05/03/21 For Sale $1,299,000 -- $729 / 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 $15,105 $1,326,510 $1,061,208 $265,302
2024 $15,105 $1,300,500 $1,040,400 $260,100
2023 $14,824 $1,275,000 $1,020,000 $255,000
2022 $14,581 $1,250,000 $1,000,000 $250,000
2021 $7,863 $640,904 $512,730 $128,174
2020 $7,849 $634,333 $507,473 $126,860
2019 $7,670 $621,896 $497,523 $124,373
2018 $7,455 $609,703 $487,768 $121,935
2016 $7,220 $586,029 $468,828 $117,201
2015 $7,091 $577,227 $461,786 $115,441
2014 $6,989 $565,921 $452,741 $113,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21090624

California Regional Multiple Listing Service (CRMLS)

APN: 4160-019-016