1915 Marshallfield Ln Redondo Beach, CA 90278
North Redondo Beach Neighborhood
9
Beds
7
Baths
5,051
Sq Ft
7,502
Sq Ft Lot
About This Home
As of July 2017CHARMING FOUR UNIT INVESTMENT OPPORTUNITY IN ONE OF THE MOST DESIRABLE PLACES TO LIVE IN THE COUNTRY WITH SIGNIFICANT UPSIDE IN RENTS (40%+/)!! The outstanding unit mix consists of one 3 Bed/1.5 Bath unit, two 2 Bed/1.5 Bath units, and one 2 Bed/1 Bath unit. All units are extremely spacious town-home style that feature either patios or balconies. Additionally, each unit has its own garage parking spot(s) and there is an onsite laundry room available for tenant's convenience. This property is perfect as a lucrative real estate investment, owner/user opportunity or terrific 1031 exchange upleg.
Last Agent to Sell the Property
Joshua Cohen
Keller Williams South Bay License #01346713 Listed on: 04/07/2017
Co-Listed By
Brian Dempsey
Keller Williams Beach Cities License #01956499
Last Buyer's Agent
Jonathan Grant
Realty Executives Westside License #00473618
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,986
Year Built
- Built in 1973
Lot Details
- 7,502 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
Home Design
- 5,051 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 4156028026
Community Details
Overview
- 4 Units
Building Details
- 5 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Operating Expense $34,546
- Gross Income $90,540
- Net Operating Income $55,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2017
Closed on
Jun 7, 2017
Sold by
1915 Marshalifield Ln Llc
Bought by
Bingener Mark Wilhelm and Bingener Cicely Roxanne
Seller's Agent
Joshua Cohen
Keller Williams South Bay
Buyer's Agent
Jonathan Grant
Realty Executives Westside
List Price
$2,099,000
Sold Price
$2,000,000
Premium/Discount to List
-$99,000
-4.72%
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
$830,005
Avg. Annual Appreciation
4.09%
Original Mortgage
$1,300,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 11, 2014
Closed on
May 19, 2014
Sold by
Guardian Assets Llc
Bought by
1915 Marshallfield Ln Llc
Seller's Agent
Todd Pearl
Equity Union
Buyer's Agent
Norma Toering
Charlemagne Int'l Properties
List Price
$1,350,000
Sold Price
$1,408,100
Premium/Discount to List
$58,100
4.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.51%
Purchase Details
Listed on
Apr 11, 2014
Closed on
May 1, 2014
Sold by
Smalley Stanford
Bought by
Smalley Joanne
Seller's Agent
Todd Pearl
Equity Union
Buyer's Agent
Norma Toering
Charlemagne Int'l Properties
List Price
$1,350,000
Sold Price
$1,408,100
Premium/Discount to List
$58,100
4.3%
Purchase Details
Listed on
Apr 11, 2014
Closed on
Apr 29, 2014
Sold by
Smalley Joanne
Bought by
Guardian Assets Llc
Seller's Agent
Todd Pearl
Equity Union
Buyer's Agent
Norma Toering
Charlemagne Int'l Properties
List Price
$1,350,000
Sold Price
$1,408,100
Premium/Discount to List
$58,100
4.3%
Purchase Details
Closed on
Feb 19, 2004
Sold by
Smalley Stanford V and Smalley Joanne B
Bought by
Smalley Stanford
Similar Homes in Redondo Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,000,000 | Fntg Builder Services | |
| Grant Deed | -- | None Available | |
| Grant Deed | $1,408,500 | Fatcola | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,300,000 | New Conventional | |
| Previous Owner | $844,860 | New Conventional | |
| Previous Owner | $270,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2017 07/25/17 | Sold | $2,000,000 | -1.2% | $396 / Sq Ft |
| 05/22/2017 05/22/17 | Pending | -- | -- | -- |
| 05/03/2017 05/03/17 | Price Changed | $2,025,000 | -3.5% | $401 / Sq Ft |
| 04/07/2017 04/07/17 | For Sale | $2,099,000 | +49.1% | $416 / Sq Ft |
| 05/08/2014 05/08/14 | Sold | $1,408,100 | +4.3% | $279 / Sq Ft |
| 04/20/2014 04/20/14 | Pending | -- | -- | -- |
| 04/11/2014 04/11/14 | For Sale | $1,350,000 | -- | $267 / 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 | $25,986 | $2,275,655 | $1,706,742 | $568,913 |
| 2024 | $25,986 | $2,231,035 | $1,673,277 | $557,758 |
| 2023 | $25,507 | $2,187,290 | $1,640,468 | $546,822 |
| 2022 | $25,164 | $2,144,402 | $1,608,302 | $536,100 |
| 2021 | $24,559 | $2,102,356 | $1,576,767 | $525,589 |
| 2019 | $24,088 | $2,040,000 | $1,530,000 | $510,000 |
| 2018 | $23,451 | $2,000,000 | $1,500,000 | $500,000 |
| 2016 | $17,515 | $1,458,135 | $583,005 | $875,130 |
| 2015 | $17,193 | $1,436,233 | $574,248 | $861,985 |
| 2014 | -- | $662,796 | $248,545 | $414,251 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2017
Joshua Cohen
Keller Williams South Bay
-
B
Seller Co-Listing Agent in 2017
Brian Dempsey
Keller Williams Beach Cities
-
J
Buyer's Agent in 2017
Jonathan Grant
Realty Executives Westside
-
Seller's Agent in 2014
Todd Pearl
Equity Union
(424) 254-9293
8 in this area
58 Total Sales
-
Seller Co-Listing Agent in 2014
Lenny LaRocca
Compass
(310) 614-2958
1 in this area
61 Total Sales
-
N
Buyer's Agent in 2014
Norma Toering
Charlemagne Int'l Properties
(310) 831-0800
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17073964
APN: 4156-028-026
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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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