Seller's Agent in 2020
Patrick Swanson
Pat Swanson
(213) 864-2862
1 in this area
55 Total Sales
1902 Camino de la Costa Redondo Beach, CA 90277
Estimated Value: $2,823,000 - $3,976,000
8
Beds
4
Baths
3,283
Sq Ft
$1,044/Sq Ft
Est. Value
Highlights
- Laundry Room
- Tulita Elementary School Rated A+
- Front Yard
About This Home
As of December 2020Located in Redondo Beach, CA, this rare multifamily investment opportunity is a short three-minute walk to the Beach and Miramar Park. Situated on 6,000 SF of land, this complex consists of Four (4) 2 Bed, and 1 Bath Units (750 SF) and One (1) Non-Conforming Studio (283 SF). Residents have access to a common courtyard with a barbeque and outdoor seating, and well as an on-site laundry facility. There is ample street parking in the front of the property, along with three single-car garages, and three opened spaces in the back. Please email agent for a full package.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,801
Year Built
- Built in 1949
Lot Details
- 6,000 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Parking
- 3 Open Parking Spaces
- 3 Car Garage
Home Design
- 3,283 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Legal Lot and Block 25 / I
- Tax Tract Number 10303
- Assessor Parcel Number 7511016037
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $525
- Insurance Expense $2,076
- Trash Expense $1,215
- Water Sewer Expense $1,364
- New Taxes Expense $31,902
- Operating Expense $44,605
- Gross Income $138,421
- Net Operating Income $93,816
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2020
Closed on
Nov 25, 2020
Sold by
Wang Clifford T and Chou Jacquelyn W
Bought by
Wang Clifford T and Chou Jacquelyn W
Seller's Agent
Patrick Swanson
Pat Swanson
Buyer's Agent
Karynne Thim
Pacifica Properties Group, Inc.
List Price
$2,680,000
Sold Price
$2,680,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,682
Avg. Annual Appreciation
5.43%
Original Mortgage
$1,320,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 23, 2020
Closed on
Oct 30, 2020
Sold by
Arelp 3 Lp
Bought by
Wang Clifford T and Chou Jacquelyn W
Seller's Agent
Patrick Swanson
Pat Swanson
Buyer's Agent
Karynne Thim
Pacifica Properties Group, Inc.
List Price
$2,680,000
Sold Price
$2,680,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2015
Sold by
Atkinson Jack and Atkinson Virginia G
Bought by
Arelp 3 Lp
Purchase Details
Closed on
Apr 19, 2011
Sold by
Arelp3 L P
Bought by
Atkinson Jack H and Atkinson Virginia G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,957,975
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 13, 2011
Sold by
Arelp3 Lp
Bought by
The Atkinson Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,957,975
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 29, 2010
Sold by
Atkinson Jack and Atkinson Virginia G
Bought by
Arelp 3 Lp
Purchase Details
Closed on
May 4, 2010
Sold by
Atkinson Real Estate Legacy Partnership
Bought by
Atkinson Jack and Atkinson Virginia G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
4.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 23, 2004
Sold by
Atkinson Jack H and Atkinson Virginia G
Bought by
Atkinson Real Estate Legacy Prtnrshp I
Purchase Details
Closed on
Jan 2, 2003
Sold by
Walker James W and Walker Nancy C
Bought by
Atkinson Jack H and Atkinson Virginia G
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
4.8%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wang Clifford T | -- | None Available | |
| Wang Clifford T | -- | Lawyers Title | |
| Wang Clifford T | $2,680,000 | Lawyers Title Company | |
| Arelp 3 Lp | -- | None Available | |
| Atkinson Jack H | -- | Lsi | |
| The Atkinson Family Trust | -- | Lsi Title Company | |
| Arelp 3 Lp | -- | None Available | |
| Atkinson Jack | -- | Accommodation | |
| Atkinson Real Estate Legacy Prtnrshp I | -- | -- | |
| Atkinson Jack H | -- | -- | |
| Atkinson Jack H | $1,025,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chou Wang Family Trust | $3,261,000 | |
| Closed | Wang Clifford T | $1,320,000 | |
| Previous Owner | Atkinson Jack H | $514,696 | |
| Previous Owner | Atkinson Jack H | $3,957,975 | |
| Previous Owner | Atkinson Jack | $536,000 | |
| Previous Owner | Atkinson Real Estate Legacy Prtnrshp 1 | $496,000 | |
| Previous Owner | Atkinson Jack H | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2020 12/10/20 | Sold | $2,680,000 | 0.0% | $816 / Sq Ft |
| 10/23/2020 10/23/20 | For Sale | $2,680,000 | -- | $816 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $32,801 | $2,900,917 | $2,164,864 | $736,053 |
| 2024 | $32,801 | $2,844,037 | $2,122,416 | $721,621 |
| 2023 | $32,202 | $2,788,272 | $2,080,800 | $707,472 |
| 2022 | $31,781 | $2,733,600 | $2,040,000 | $693,600 |
| 2021 | $31,223 | $2,680,000 | $2,000,000 | $680,000 |
| 2020 | $14,809 | $1,171,847 | $1,054,324 | $117,523 |
| 2019 | $14,523 | $1,148,878 | $1,033,651 | $115,227 |
| 2018 | $14,157 | $1,126,360 | $1,013,384 | $112,976 |
| 2016 | $13,681 | $1,082,259 | $974,034 | $108,225 |
| 2015 | $13,445 | $1,066,004 | $959,404 | $106,600 |
| 2014 | -- | $1,045,123 | $940,611 | $104,512 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
Karynne Thim
Pacifica Properties Group, Inc.
(310) 753-7816
6 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20224313
APN: 7511-016-037
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