NOT LISTED FOR SALE

1827 S Redondo Blvd Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $2,120,000

5 Beds
4 Baths
956 Sq Ft
$2,218/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $1,750,000 $1,831 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $13,216/month

51 Days on Market

About This Home

As of November 2017

1827 Redondo Blvd. is a separate property and each owner's list price is $1,850,000. Rare opportunity to acquire two adjacent LARD 1.5 properties that are prime for development. The two combined lots size are 19,423.0 sq./ft (10,128.0 sq./ft and 9,295.0 sq./ft) each owner will agree to a joint sale and close escrow concurrently. Each property will deliver one unit vacant at the close of escrow. Currently, there are two major building projects underway on the same street next to and directly across from the subjects.

Last Agent to Sell the Property

Bennie Terry

The Real Estate Factory License #00708808 Listed on: 08/10/2017

Last Buyer's Agent

Shahin Benyamin

License #01850766

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 9,295

Parking

  • 4 Car Garage

Home Design

  • 956 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 9,295 Sq Ft Lot
  • Gravity Heating System

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-019-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 956
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 1935.15

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Heating: Gravity

Lot Info

  • Assessed Improvement Value: 127283
  • Assessed Land Value: 193473
  • Assessor Parcel Number: 5067-019-027
  • Geocode Override: No
  • Lot Size Area: 9295

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 42.59
  • Number Of Units: 4
  • Type Of Units: attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2017
Sold by
Williams Patricia A
Bought by
Redondo Houses Llc
Current Estimated Value
$2,120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,056,250
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2000
Sold by
Hud
Bought by
Williams Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,550
Interest Rate
8.19%

Purchase Details

Closed on
May 8, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Mar 17, 1997
Sold by
South Western Associates Corp
Bought by
Delvalle Marivelisse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,833
Interest Rate
7.74%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1997
Sold by
Trust Nakamura Agnes A Tr Agnes A Nakamu
Bought by
South Western Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,833
Interest Rate
7.74%
Mortgage Type
FHA
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
Redondo Houses Llc $1,750,000 Ticor Title Co
Williams Patricia A $252,000 United Title Company
Hud -- Benefit Land Title Ins Co
Norwest Mtg Inc $280,881 Benefit Land Title Ins Co
Delvalle Marivelisse $274,000 Commonwealth Title Co
South Western Associates Inc $175,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Redondo Houses Llc $1,056,250
Previous Owner Williams Patricia A $201,550
Previous Owner Delvalle Marivelisse $262,833
Closed Williams Patricia A $25,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $1,750,000 -5.4% $1,831 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $1,850,000 -- $1,935 / 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
2019 -- $1,785,000 $1,020,000 $765,000
2018 -- $1,750,000 $1,000,000 $750,000
2017 -- $327,170 $197,342 $129,828
2016 -- $320,756 $193,473 $127,283
2015 -- $315,939 $190,567 $125,372
2014 -- $309,752 $186,835 $122,917
Source: Public Records

Agents Affiliated with this Home

  • Bennie Terry

    Seller's Agent in 2017

    Bennie Terry

    The Real Estate Factory

    (323) 646-6072

    3 Total Sales

    Bennie Terry
    Section Image

  • S

    Buyer's Agent in 2017

    Shahin Benyamin

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Map

Source: The MLS

MLS Number: 17-259580

The MLS

APN: 5067-019-027

California Los Angeles County Los Angeles 90019 Mid-City

1827 S Redondo Blvd, Los Angeles, CA

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