NOT LISTED FOR SALE

Estimated Value: $2,155,000 - $2,215,000

8 Beds
8 Baths
5,031 Sq Ft
$434/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $2,090,000 $415 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $13,350/month

153 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • High Ceiling
  • Madison Elementary School Rated A+
  • Spanish Architecture
  • 3-minute walk to Mathews Parkette

About This Home

As of October 2024

Experience this unique spacious home with an apartment included in the design (duplex), and a bonus two-story guest house, nestled in the heart of North Redondo Beach, and on the edge of Manhattan. This property presents a rare opportunity for both investment and owner-user scenarios, with great income potential. The opportunities are endless, boasting eight total bedrooms and eight bathrooms, including a private two-story guest house/office space throughout the 5,031 square feet of living space on the 7,506 square-foot lot. The main home features an expansive layout with 5 bedrooms and 4 bathrooms (3 newly remodeled), providing ample space. The first floor features tall, vaulted ceilings, living room, family room, large kitchen, dining space, a private bedroom, two bathrooms, and large laundry room. Upstairs you’ll enjoy four bedrooms and two bathrooms, including the fully remodeled master bathroom. The separate guest house provides an excellent opportunity for extended family, guests, or private office space. With high ceilings and a private entrance, the suite provides an additional 1 bedroom, 1.5 bathrooms, a kitchenette, and laundry facilities. Ascend the separate staircase to discover Unit B - the large open, airy apartment above the dual 2-car garages. With two bedrooms, two bathrooms, and an office, this unit boasts vaulted ceilings that amplify the sense of space and light. Enjoy the convenience of an in-unit laundry area and revel in this space's versatility. This R-2 zoned property presents an owner-user dream, allowing you to reside in the spacious main house while leasing out the apartment for additional income. Embrace the coastal lifestyle in this sought-after neighborhood, where Redondo Beach's renowned attractions, dining, and shopping are all within easy reach.

Last Agent to Sell the Property

David Caskey

eXp Realty of California Inc Brokerage Phone: 310-374-1800 License #01198999 Listed on: 04/04/2024

eXp Realty of California Inc

Last Buyer's Agent

Michael Burns

eXp Realty of California Inc License #02038410

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,796

Year Built

  • Built in 1974

Lot Details

  • 7,506 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 7 Open Parking Spaces
  • Parking Available

Home Design

  • Duplex
  • Spanish Architecture
  • Entry on the 1st floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,031 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV
  • Legal Lot and Block 2 / 88
  • Assessor Parcel Number 4155020002
  • $1,792 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,796

Year Built

Built in 1974

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • View: Yes
  • Zoning: RBR-2
  • Architectural Style: Spanish
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4155020002
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Beamed Ceilings, Ceiling Fan(s), High Ceilings, Laminate Counters, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 415.42
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 7.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Microwave
  • Electric: 220 Volts in Laundry
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7506.00
  • Lot Size Acres: 0.1723

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Lot Size Area: 7506.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 88
  • Tax Census Tract: 6205.22
  • Tax Lot: 2
  • Tax Tract Number: B
  • TaxOtherAnnualAssessmentAmount: 1792.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2024
Sold by
Lininger Family Trust and Lininger Robert R
Bought by
Chang Ivan and Tu Teresa
Current Estimated Value
$2,183,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,672,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2016
Sold by
Lininger Carolyn J
Bought by
Lininger Carolyn J and The Lininger Family Trust Survivors Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,750
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2012
Sold by
Lininger Carolyn J
Bought by
Lininger Carolyn J and The Lininger 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
$472,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2011
Sold by
Lininger Carolyn J
Bought by
Lininger Carolyn J and Lininger 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
$472,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2010
Sold by
Lininger Carolyn J and The Lininger Family Trust
Bought by
Lininger Carolyn J and The Lininger Family Trust

Purchase Details

Closed on
Nov 13, 2009
Sold by
Lininger Carolyn J
Bought by
Lininger Carolyn J and Lininger 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
$417,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2005
Sold by
Lininger Robert R and Lininger Carolyn J
Bought by
Lininger Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2003
Sold by
Lininger Robert R and Lininger Carolyn J
Bought by
Lininger Robert R

Purchase Details

Closed on
Apr 8, 1994
Sold by
Lininger Robert R and Lininger Carolyn J
Bought by
Lininger Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.5%
Source: Public Records

Range of Values:

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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
Chang Ivan $2,090,000 Usa National Title Company
Lininger Carolyn J -- Progressive Title
Lininger Carolyn J -- Progressive Title
Lininger Carolyn J -- Accommodation
Lininger Carolyn J -- Advantage Title Inc
Lininger Carolyn J -- Progressive Title Company
Lininger Carolyn J -- Progressive Title Company
Lininger Carolyn J -- None Available
Lininger Carolyn J -- Progressive Title Company
Lininger Carolyn J -- Progressive Title Company
Lininger Robert R -- Lawyers Title
Lininger Robert R -- Lawyers Title
Lininger Robert R -- --
Lininger Robert R -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Ivan $1,672,000
Previous Owner Lininger Carolyn J $528,750
Previous Owner Lininger Carolyn J $472,000
Previous Owner Lininger Carolyn J $472,000
Previous Owner Lininger Carolyn J $417,000
Previous Owner Lininger Robert R $376,000
Previous Owner Lininger Robert R $185,000
Closed Lininger Robert R $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $2,090,000 -0.5% $415 / Sq Ft
04/04/2024 04/04/24 For Sale $2,100,000 -- $417 / 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 $22,796 $2,090,000 $1,880,000 $210,000
2024 $22,796 $1,914,336 $1,248,480 $665,856
2023 $22,380 $1,876,800 $1,224,000 $652,800
2022 $5,672 $367,956 $55,190 $312,766
2021 $5,475 $360,742 $54,108 $306,634
2019 $5,291 $350,044 $52,504 $297,540
2018 $5,029 $343,181 $51,475 $291,706
2016 $4,817 $329,857 $49,477 $280,380
2015 $4,741 $324,903 $48,734 $276,169
2014 $4,676 $318,540 $47,780 $270,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24065040

California Regional Multiple Listing Service (CRMLS)

APN: 4155-020-002