NOT LISTED FOR SALE

2002 Grant Ave Unit 1 Redondo Beach, CA 90278

North Redondo Beach Neighborhood

Estimated Value: $1,847,000 - $3,691,113

9 Beds
5 Baths
5,242 Sq Ft
$480/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $1,975,000 $377 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $15,584/month

70 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Living Room
  • Birney Elementary School Rated A+
  • No HOA
  • Laundry Room

About This Home

As of March 2015

Exceptional 4 unit income property in Redondo Beach. Rare opportunity as you won't find one with this amount of square footage, configuration and remodeling. Custom installed double pane windows and sliders. All fencing, doors, garage doors, decking and sealant on property is redone between 2005 and present. Easy to see how these 4 great homes always attract and keep tenants to stay fully occupied.

Unit #1: Front unit is spacious freestanding 4Br-2.5 bath w/pvt 3 car garage. Gourmet custom kitchen, granite counters & oodles of extra lighting, full line of stainless appliances with "fridge" & washer dryer included. Vaulted ceilings.
Unit #2: Spacious 1Br-1Ba apt. with vaulted ceilings, pvt.deck and single garage. Custome kitchen with all appliance and "fridge" included.
Unit #3 & #4: Mirrored 2Br - 1.5Ba. All appliances including fridge included. Pvt. decks.

3 back units share onsite washer and dryer and 3 car garaging.

Last Agent to Sell the Property

Margaret Wang

Call Realty License #01163968 Listed on: 12/08/2014

Last Buyer's Agent

Cajetan Onu

Keller Williams VIP Properties License #01906843

Keller Williams VIP Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,059

Year Built

  • Built in 1973

Lot Details

  • 7,501 Sq Ft Lot
  • 1 Common Wall
  • Fence is in good condition
  • Sprinkler System
  • On-Hand Building Permits

Parking

  • 6 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 5,242 Sq Ft Home
  • Drapes & Rods
  • Sliding Doors
  • Formal Entry
  • Living Room
  • Utility Room
  • Laundry Room
  • Range Hood

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Wall Furnace
  • Satellite Dish

Additional Features

  • Accessible Parking
  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 11 / 48
  • Assessor Parcel Number 4156018011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $2,200
  • Electric Expense $4,200
  • Gardener Expense $780
  • Insurance Expense $2,200
  • Maintenance Expense $5,774
  • Trash Expense $865
  • Water Sewer Expense $1,850
  • New Taxes Expense $17,500
  • Gross Income $11,000
  • Net Operating Income $91,277

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,059

Year Built

Built in 1973

Lot Details

0

Parking

6

Listing Details

  • CapRate: 4.60
  • Inclusions: All built-ins, refrigerators are included.
  • Other Phone Description: 310-803-0661
  • Other Phone Number: 310-378-2268
  • Property Attached: Yes
  • Subdivision Name Other: Redondo Villa Tract
  • View: No
  • Water Sewer Expenses: 1850.00
  • Zoning: RBR-3
  • Architectural Style: Contemporary
  • Property Condition: Building Permit
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 4156018011
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 376.76
  • Room Type: Formal Entry, Living Room, Master Bedroom, Utility Room
  • Window Features: Drapes

Exterior Features

  • Exterior Features: Rain Gutters, Satellite Dish
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Frame, Glass, Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Trash Expense: 865.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Suburban

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size: 7501
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Cable TV Expense: 2200.00
  • Electric Expense: 4200.00
  • Gross Income: 11000.00
  • Gross Scheduled Income: 132000.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 7501.0000 Square Feet
  • Maintenance Expense: 5774.00
  • Net Operating Income: 91277.00
  • 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
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 36763.00
  • Rent Control: No
  • Total Actual Rent: 132000.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Area: 8060
  • Tax Block: 48
  • Tax Lot: 11
  • Tax Rate: 2.19
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2014
Closed on
Feb 3, 2015
Sold by
Difiglia Robert P and Wang Daniel S
Bought by
Bop Integrated Investments Llc
Seller's Agent
Margaret Wang
Call Realty
Buyer's Agent
Cajetan Onu
Keller Williams VIP Properties
List Price
$1,975,000
Sold Price
$1,975,000
Current Estimated Value
$2,514,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,028
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Feb 6, 2006
Sold by
Adams Kristi
Bought by
Adams Jason Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,127,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2006
Sold by
Difiglia Robert P and Wang Daniel S
Bought by
Difiglia Robert P and Wang Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,127,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Wadco Investments Llc
Bought by
Difiglia Robert P and Wang Daniel S

Purchase Details

Closed on
Jan 24, 2005
Sold by
Difiglia Robert P and Wang Daniel S
Bought by
Wadco Investments Llc

Purchase Details

Closed on
Apr 20, 2004
Sold by
Wang Bu Bae
Bought by
Wang Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,200
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Hollis Tricia L
Bought by
Difiglia Robert P and Wang Daniel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,200
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2002
Sold by
Hollis Douglas Brian
Bought by
Hollis Tricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Interest Rate
6.7%

Purchase Details

Closed on
Nov 3, 2000
Sold by
Latie Halim and Halim Dejanti
Bought by
Hollis Douglas Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
7.66%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bop Integrated Investments Llc $1,975,000 Orange Coast Title
Adams Jason Brian -- New Century Title Company
Difiglia Robert P -- New Century Title Company
Difiglia Robert P -- --
Wadco Investments Llc -- --
Wang Daniel S -- Ticor Title Co Glendale
Difiglia Robert P $1,219,000 Ticor Title Company
Hollis Tricia L -- First American Title Co
Hollis Douglas Brian $638,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Jason Brian $1,127,000
Previous Owner Difiglia Robert P $975,200
Previous Owner Hollis Tricia L $608,000
Previous Owner Hollis Douglas Brian $504,000
Closed Hollis Douglas Brian $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2015 03/16/15 Sold $1,975,000 0.0% $377 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $1,975,000 -- $377 / 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 $27,059 $2,373,648 $1,592,449 $781,199
2024 $27,059 $2,327,107 $1,561,225 $765,882
2023 $26,560 $2,281,478 $1,530,613 $750,865
2022 $26,203 $2,236,744 $1,500,601 $736,143
2021 $25,572 $2,192,887 $1,471,178 $721,709
2020 $25,607 $2,171,002 $1,456,093 $714,909
2019 $25,080 $2,128,446 $1,427,543 $700,903
2018 $24,422 $2,086,724 $1,399,552 $687,172
2016 $23,593 $2,005,118 $1,345,206 $659,912
2015 $17,955 $1,507,743 $1,275,787 $231,956
2014 $17,724 $1,478,210 $1,250,797 $227,413
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Margaret Wang

    Call Realty

    (310) 378-2268

    Margaret Wang
    Section Image

  • C

    Buyer's Agent in 2015

    Cajetan Onu

    Keller Williams VIP Properties

    (661) 284-6400

    2 Total Sales

    Cajetan Onu
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV14254784

California Regional Multiple Listing Service (CRMLS)

APN: 4156-018-011

California Los Angeles County Redondo Beach 90278 North Redondo Beach

2002 Grant Ave Unit 1, Redondo Beach, CA

This home is located at 2002 Grant Ave Unit 1, Redondo Beach, CA 90278 since 08 December 2014 and is currently estimated at $2,514,028, approximately $479 per square foot. This property was built in 1973. 2002 Grant Ave Unit 1 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

Nearby Homes