NOT LISTED FOR SALE

1906 Carnegie Ln Redondo Beach, CA 90278

North Redondo Beach Neighborhood
2 Beds
1 Bath
3,792 Sq Ft
7,503 Sq Ft Lot

Last Sold August 12, 2015

Last sale price $1,800,000 $475 Per Sq Ft

13 Days on Market

About This Home

As of August 2015

• Prime Redondo Beach Location
• All Two Bedroom Units
• Garages
• 100% Occupied
• Long Term Owner
• Upside in Rents

Last Agent to Sell the Property

Jay Skenderian

Morgan Skenderian License #01220368 Listed on: 05/20/2015

Last Buyer's Agent

Brice W. Head, MBA

Re/Max Commercial & Investment License #01330706

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,503 Sq Ft Lot
  • 1 Common Wall
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • 3,792 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Legal Lot and Block 9 / 29
  • Tax Tract Number 9
  • Assessor Parcel Number 4156011010

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $625
  • Insurance Expense $1,345
  • Maintenance Expense $4,305
  • Other Expense $250
  • Trash Expense $2,388
  • Water Sewer Expense $2,388
  • New Taxes Expense $22,027
  • Gross Income $7,175
  • Net Operating Income $50,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

6

Listing Details

  • CapRate: 2.80
  • Property Attached: Yes
  • Subdivision Name Other: Redondo Villa
  • Water Sewer Expenses: 2388.00
  • Property Type: Residential Income
  • Gardener Expense: 625.00
  • Parcel Number: 4156011010
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 474.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2388.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7503.00
  • Price Per Lot Square Foot: 239.90
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 7175.00
  • Gross Multiplier: 20.85
  • Gross Scheduled Income: 86100.00
  • Insurance Expense: 1345.00
  • Lot Size Area: 7503.0000 Square Feet
  • Maintenance Expense: 4305.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 50020.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 33928.00
  • Operating Expense Percent: 39.40
  • Other Expense: 250.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Vacancy Allowance: 2153
  • Vacancy Allowance Rate: 2.50

Tax Info

  • New Taxes Expense: 22027.00
  • Tax Block: 29
  • Tax Lot: 9
  • Tax Tract Number: 9

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2015 08/12/15 Sold $1,800,000 +0.3% $475 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $1,795,000 -- $473 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jay Skenderian

    Seller's Agent in 2015

    Jay Skenderian

    Morgan Skenderian

    (949) 251-8800

    18 Total Sales

    Jay Skenderian
    Section Image

  • B

    Buyer's Agent in 2015

    Brice W. Head, MBA

    RE/MAX

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15107985

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Redondo Beach 90278 North Redondo Beach

1906 Carnegie Ln, Redondo Beach, CA

This home is located at 1906 Carnegie Ln, Redondo Beach, CA 90278 since 20 May 2015. This property was built in 1958. 1906 Carnegie Ln is a home located in Los Angeles County with nearby schools including Birney Elementary School, Adams Middle School, and Redondo Union 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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