NOT LISTED FOR SALE

18319 Burin Ave Redondo Beach, CA 90278

North Torrance Neighborhood

Estimated Value: $1,128,107 - $1,398,000

3 Beds
2 Baths
1,123 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold January 24, 2017

Last sale price $800,000 $712 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,487/month

167 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Ceiling Fan
  • Edison Elementary School Rated A-
  • Laundry Room
  • Heating System Uses Natural Gas

About This Home

As of January 2017

Great Investment opportunity in area 132 of Torrance with a Redondo Beach Address. Property has upgraded electrical panel, new windows, nice quite street,good long term tenants easy to manage property, adjacent to shopping centers, close to 405 fwy, near Redondo Beach Pier.

Last Agent to Sell the Property

Jorge Lara

E Real Estate Corp. License #01366576 Listed on: 07/12/2016

Last Buyer's Agent

Dean Thomas

E Real Estate Corp. License #00711417

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,508

Year Built

  • Built in 1945

Lot Details

  • 4,504 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 1,123 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Phone Available

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 4083003016

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,680
  • New Taxes Expense $10,312
  • Gross Income $2,450
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,508

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 3105050504
  • Property Attached: Yes
  • Water Sewer Expenses: 1680.00
  • Zoning: RERR-LM
  • Property Type: Residential Income
  • Parcel Number: 4083003016
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Price Per Square Foot: 712.38
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4504.00
  • Price Per Lot Square Foot: 183.17

Multi Family

  • Average1 Bed Area: 500
  • Average2 Bed Area: 600
  • Average Studio Area: 500
  • Gross Income: 2450.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 21000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2700.00
  • Rent Control: No
  • Vacancy Allowance: 1

Tax Info

  • New Taxes Expense: 10312.00
  • Tax Lot: 53
  • Tax Tract Number: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Dec 7, 2016
Sold by
Moscol Jessica Fiorella
Bought by
Ritter Robert
Seller's Agent
Jorge Lara
E Real Estate Corp.
Buyer's Agent
Dean Thomas
E Real Estate Corp.
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%
Current Estimated Value
$1,222,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,777
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Aug 27, 2008
Sold by
Asaad Victor N
Bought by
Moscol Jessica Fiorella

Purchase Details

Closed on
Nov 3, 2004
Sold by
Sulca Narcina P
Bought by
Asaad Victor N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2004
Sold by
Padilla Jose E and Padilla Elvia J
Bought by
Sulca Narcina P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,200
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 1999
Sold by
Ha Henry and Ha Lili P
Bought by
Padilla Jose E and Padilla Elvia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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Average Value
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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
Ritter Robert $800,000 Lawyers Title
Moscol Jessica Fiorella -- None Available
Asaad Victor N $625,000 --
Sulca Narcina P $579,000 Fidelity National Title
Padilla Jose E $157,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asaad Victor N $592,500
Previous Owner Asaad Victor N $118,500
Previous Owner Asaad Victor N $500,000
Previous Owner Sulca Narcina P $463,200
Previous Owner Padilla Jose E $190,000
Previous Owner Padilla Jose E $159,000
Previous Owner Padilla Jose E $90,000
Previous Owner Padilla Jose E $90,000
Closed Asaad Victor N $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2017 01/24/17 Sold $800,000 -3.0% $712 / Sq Ft
12/26/2016 12/26/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $825,000 -- $735 / 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 $10,508 $928,464 $783,393 $145,071
2024 $10,508 $910,260 $768,033 $142,227
2023 $10,312 $892,413 $752,974 $139,439
2022 $10,175 $874,915 $738,210 $136,705
2021 $10,005 $857,761 $723,736 $134,025
2020 $9,855 $848,966 $716,315 $132,651
2019 $9,715 $832,320 $702,270 $130,050
2018 $9,432 $816,000 $688,500 $127,500
2016 $8,323 $721,223 $652,693 $68,530
2015 $8,141 $710,390 $642,889 $67,501
2014 $7,930 $696,475 $630,296 $66,179
Source: Public Records

Agents Affiliated with this Home

  • Jorge Lara

    Seller's Agent in 2017

    Jorge Lara

    E Real Estate Corp.

    (310) 505-0504

    1 in this area

    36 Total Sales

    Jorge Lara
    Section Image
  • Dean Thomas

    Buyer's Agent in 2017

    Dean Thomas

    E Real Estate Corp.

    (310) 874-2451

    34 Total Sales

    Dean Thomas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16152616

California Regional Multiple Listing Service (CRMLS)

APN: 4083-003-016

California Los Angeles County Redondo Beach 90278 North Torrance

18319 Burin Ave, Redondo Beach, CA

This home is located at 18319 Burin Ave, Redondo Beach, CA 90278 since 12 July 2016 and is currently estimated at $1,222,777, approximately $1,088 per square foot. This property was built in 1945. 18319 Burin Ave is a home located in Los Angeles County with nearby schools including Edison Elementary School, Philip Magruder Middle School, and North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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