1816 Speyer Ln Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated payment $13,070/month
Highlights
- Mountain View
- Traditional Architecture
- Beamed Ceilings
- Jefferson Elementary School Rated A+
- No HOA
- 4-minute walk to Gregg Parkette
About This Home
Well-maintained 4-unit complex in desirable Jefferson Elementary neighborhood. 100% tenant occupied. Three units are 2BD/1BA with add'l separate powder area, all recently remodeled with granite counters, vinyl windows, tile floors, tiled stairwells to rooftop decks, vinyl flooring, new E-pipe plumbing, and newer roofing. Termite repairs have been completed. Each unit has a private courtyard and garage parking.
Front unit is approx. 1,500 sq. ft. 3BD/2.5BA + den with fireplace, vaulted ceilings, washer/dryer hook-ups, and private courtyard. Strong rental history, pride of ownership, and excellent owner-user or investor opportunity.
Highlights: • 4 Units – 100% occupied • Three remodeled 2BD/1BA units w/ powder area • Front unit ~1,500 sq. ft. 3BD/2.5BA + den • Private courtyards for all units • Garage parking for every tenant • New E-pipe plumbing, vinyl windows, sealed/coated roof • Termite repairs completed • Located in Jefferson Elementary School district
Listing Agent
Thompson Team Real Estate, Inc. Brokerage Phone: 310-493-2177 License #01811979 Listed on: 08/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,518
Year Built
- Built in 1973 | Remodeled
Lot Details
- 7,501 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Density is 2-5 Units/Acre
Parking
- 7 Car Garage
- Parking Available
- Driveway Level
- Assigned Parking
Property Views
- Mountain
- Neighborhood
Home Design
- Traditional Architecture
- Quadruplex
- Entry on the 1st floor
- Turnkey
- Flat Roof Shape
- Slab Foundation
- Copper Plumbing
- Stucco
Interior Spaces
- 5,080 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Insulated Windows
- Den with Fireplace
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Gas and Electric Range
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 9 Bedrooms
- All Upper Level Bedrooms
- Jack-and-Jill Bathroom
- 6 Bathrooms
Utilities
- Forced Air Heating System
- Combination Of Heating Systems
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 4 / 103
- Tax Tract Number 1245
- Assessor Parcel Number 4160001004
- $1,530 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Dog Park
- Bike Trail
Building Details
- 5 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $2,170
- Fuel Expense $2,000
- Gardener Expense $1,200
- Insurance Expense $3,164
- Trash Expense $350
- Water Sewer Expense $3,600
- New Taxes Expense $31,250
- Operating Expense $43,785
- Gross Income $124,800
- Net Operating Income $81,015
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,518 | $928,359 | $530,494 | $397,865 |
| 2024 | $11,518 | $910,157 | $520,093 | $390,064 |
| 2023 | $11,319 | $892,312 | $509,896 | $382,416 |
| 2022 | $11,171 | $874,817 | $499,899 | $374,918 |
| 2021 | $10,909 | $857,665 | $490,098 | $367,567 |
| 2019 | $10,707 | $832,228 | $475,562 | $356,666 |
| 2018 | $10,350 | $815,911 | $466,238 | $349,673 |
| 2016 | $9,987 | $784,231 | $448,135 | $336,096 |
| 2015 | $9,808 | $772,452 | $441,404 | $331,048 |
| 2014 | $9,700 | $757,322 | $432,758 | $324,564 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | Pending | -- | -- | -- |
| 11/03/2025 11/03/25 | Price Changed | $2,300,000 | 0.0% | $453 / Sq Ft |
| 11/03/2025 11/03/25 | For Sale | $2,300,000 | -7.8% | $453 / Sq Ft |
| 10/27/2025 10/27/25 | Pending | -- | -- | -- |
| 08/19/2025 08/19/25 | For Sale | $2,495,000 | -- | $491 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25186430
APN: 4160-001-004
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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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