Adel Hamad
Lifetime Realty Inc
(424) 396-0586
25 Total Sales
1 in North Redondo Beach
$1,263,375 Price
2005 Mathews Ave Redondo Beach, CA 90278
North Redondo Beach Neighborhood
5
Beds
2
Baths
2,719
Sq Ft
7,510
Sq Ft Lot
Highlights
- Laundry Room
- Central Heating
- 1-minute walk to Mathews Parkette
- Madison Elementary School Rated A+
About This Home
As of May 20212 unit property on a full 50' x 150 ' south facing lot in North Redondo Beach. Front unit is vacant. Rents are below market value. This duplex has plenty of upside for an owner who can remodel both units for a "value add" investment, or develop the lot into 2 townhouses in the near future. Location is in close proximity to Manhattan and Hermosa Beach, which provides a great pool of quality tenants. All income and expenses to be verified during escrow.
Last Agent to Sell the Property
S C Real Estate License #00935435 Listed on: 03/17/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 7,510 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- 2,719 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Additional Features
- Laundry Room
- Central Heating
Listing and Financial Details
- Legal Lot and Block 15 / 101
- Assessor Parcel Number 4155027013
Community Details
Overview
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,600
- Trash Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $1,393
- Operating Expense $7,393
- Gross Income $32,400
- Net Operating Income $25,007
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2021
Closed on
Apr 28, 2021
Sold by
Farmers & Merchants Tr Co/Long B
Bought by
Seller's Agent
John Altamura
S C Real Estate
Buyer's Agent
Vincenzo Altamura
S C Real Estate
List Price
$1,500,000
Sold Price
$1,520,000
Premium/Discount to List
$20,000
1.33%
Purchase Details
Closed on
Mar 29, 2012
Sold by
Thornton Linda Lou
Bought by
Thornton Linda Lou and Linda Lou Thornton Family Trus
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Redondo Beach, CA
-
Adel Hamad
-
Kevin Moen
Kevin Moen
Estate Properties
(424) 842-4495
53 Total Sales
1 in North Redondo Beach
$1,067,000 Price
-
Karina Garcia
Karina Garcia
Real Brokerage Technologies, Inc.
(424) 231-2937
5 Total Sales
1 in North Redondo Beach
$1,315,000 Price
-
Michele Brown
Michele Brown
Keller Williams Realty
(844) 977-3032
34 Total Sales
2 in North Redondo Beach
$875K - $1.5M Price Range
-
Shannon Dempsey
Shannon Dempsey
Allview Real Estate
(951) 447-8574
70 Total Sales
1 in North Redondo Beach
$1,690,000 Price
-
Matthew Isbell
Matthew Isbell
Compass
(424) 380-7615
50 Total Sales
1 in North Redondo Beach
$1,820,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,520,000 | Ticor Title Company Of Ca | ||
| Thornton Linda Lou | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2021 05/13/21 | Sold | $1,520,000 | +1.3% | $559 / Sq Ft |
| 03/30/2021 03/30/21 | Pending | -- | -- | -- |
| 03/17/2021 03/17/21 | For Sale | $1,500,000 | -- | $552 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2023 | $18,971 | $1,581,408 | $1,144,440 | $436,968 |
| 2022 | $18,647 | $1,550,400 | $1,122,000 | $428,400 |
| 2021 | $2,583 | $102,767 | $59,762 | $43,005 |
| 2020 | $2,534 | $101,715 | $59,150 | $42,565 |
| 2019 | $2,457 | $99,722 | $57,991 | $41,731 |
| 2018 | $2,275 | $97,767 | $56,854 | $40,913 |
| 2016 | $2,174 | $93,973 | $54,648 | $39,325 |
| 2015 | $2,148 | $92,563 | $53,828 | $38,735 |
| 2014 | $2,123 | $90,751 | $52,774 | $37,977 |
Source: Public Records
Agents Affiliated with this Home
-
John Altamura
Seller's Agent in 2021
John Altamura
S C Real Estate
(310) 291-5603
20 Total Sales
-
Vincenzo Altamura
Seller Co-Listing Agent in 2021
Vincenzo Altamura
S C Real Estate
(310) 562-4131
5 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21056203
APN: 4155-027-013
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.
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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