$1,275,000
$75K PRICE DROP

Estimated payment $7,961/month

Total Views 3,060
7 Beds
6 Baths
3,244 Sq Ft
$393 Price per Sq Ft

About This Home

Welcome to 1861 S Redondo Blvd—an upgraded 4-unit income property featuring a triplex plus a newly built 2 bed, 2 bath ADU (approx. 700 sqft) with solar. One of the original 2 bed, 2 bath units has been fully renovated and currently vacant. All units are tenant-occupied, generating steady rental income. The combined living area is approximately 3,244 sqft on a 5,834 sqft LARD1.5-zoned lot. Recent improvements include upgraded electrical panels and a new sewer liner.

Listing Agent

Khoi Le

Torelli Realty Brokerage Phone: 714-884-6955 License #01956079 Listed on: 04/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,011

Year Built

  • Built in 1946

Lot Details

  • 5,834 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,244 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Parking

  • Parking Available
  • Driveway

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 34 / 7
  • Tax Tract Number 6035
  • Assessor Parcel Number 5067019034
  • $520 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $7,323
  • Water Sewer Expense $3,300
  • Operating Expense $27,834
  • Gross Income $88,140
  • Net Operating Income $60,306

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,011

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Price Per Unit: 318750
  • Property Attached: Yes
  • Water Sewer Expenses: 3300.00
  • Zoning: LARD1.5
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5067019034
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 393.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5834.00
  • Lot Size Acres: 0.1339

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 88140.00
  • Gross Scheduled Income: 88140.00
  • Insurance Expense: 7323.00
  • Lot Size Area: 5834.0000 Square Feet
  • Net Operating Income: 60306.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 27834.00
  • Rent Control: Yes
  • Total Actual Rent: 7345.00
  • Total Expenses: 27834.12

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 2183.00
  • Tax Lot: 34
  • Tax Tract Number: 6035
  • TaxOtherAnnualAssessmentAmount: 520.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,011 $1,291,057 $1,033,722 $257,335
2024 $14,011 $1,124,879 $1,013,453 $111,426
2023 $13,747 $1,102,824 $993,582 $109,242
2022 $13,119 $1,081,200 $974,100 $107,100
2021 $6,445 $506,247 $341,292 $164,955
2020 $6,505 $501,057 $337,793 $163,264
2019 $6,261 $491,233 $331,170 $160,063
2018 $6,148 $481,602 $324,677 $156,925
2016 $5,867 $462,903 $312,070 $150,833
2015 $5,785 $455,951 $307,383 $148,568
2014 $5,823 $447,020 $301,362 $145,658
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $1,275,000 -5.6% $393 / Sq Ft
04/30/2025 04/30/25 For Sale $1,350,000 +27.4% $416 / Sq Ft
05/14/2021 05/14/21 Sold $1,060,000 -3.5% $417 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $1,099,000 +147.0% $432 / Sq Ft
05/21/2013 05/21/13 Sold $445,000 +10.7% $175 / Sq Ft
04/12/2013 04/12/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $402,000 -- $158 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,060,000 Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $445,000 Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Grant Deed -- Accommodation
Trustee Deed $605,592 Landsafe Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $710,000 Fidelity National Title
Interfamily Deed Transfer -- Sut
Gift Deed -- Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Closed $540,000 Commercial
Previous Owner $540,000 New Conventional
Previous Owner $333,000 New Conventional
Previous Owner $568,000 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $202,000 Unknown
Previous Owner $195,200 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25080252

California Regional Multiple Listing Service (CRMLS)

APN: 5067-019-034