Seller's Agent in 2021
Gary Richardson
Strand Hill Properties
(310) 480-7694
4 in this area
32 Total Sales
2005 Pullman Ln Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated Value: $2,349,000 - $3,099,558
9
Beds
7
Baths
5,370
Sq Ft
$512/Sq Ft
Est. Value
Highlights
- End Unit
- Laundry Room
- 3-minute walk to Gregg Parkette
- Jefferson Elementary School Rated A+
About This Home
As of April 2021Proud to present a 4-unit apartment building located at 2005 Pullman Lane Redondo Beach Ca 90278. Property is located less than 1.5 mile away from the beach and is near award-winning Redondo Beach schools. Being a 4-Unit property, an investor can attain residential financing at ultra-low-rates. A buyer can capitalize on the tight rental market and rents in this neighborhood are very strong.
The building boasts a total 5,370 sf of living area on a large 7,500 sf lot. The property consists of four townhouse style units made up of (1) four bedroom/two-and-a-half-bathroom owners’ unit & (2) two-bed/one-and-a-half-bath with rear yards and (1) one-bed/one bath.
The parking consists of 6 enclosed garages and 2 carports for a total 8 car parking. Current GSI is $143,640 per year (BTV).
This property is ideal for an investor who wants a passive income property with low money down or someone looking to owner-occupy a multi-unit income property in Los Angeles’ premiere Beach City location.
Last Agent to Sell the Property
Strand Hill Properties License #00466560 Listed on: 02/18/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 7,505 Sq Ft Lot
- Lot Dimensions are 50 x150
- End Unit
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 6 Car Garage
- 2 Carport Spaces
Home Design
- 5,370 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 15
- Tax Tract Number 620702
- Assessor Parcel Number 4159003033
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $600
- Insurance Expense $2,500
- Trash Expense $1,500
- Water Sewer Expense $2,153
- New Taxes Expense $30,378
- Operating Expense $53,113
- Gross Income $143,640
- Net Operating Income $90,527
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 27, 2021
Sold by
Anfuso Family Trust and Anfuso Ron J
Bought by
Anfuso Properties Llc
Current Estimated Value
Purchase Details
Closed on
May 1, 2008
Sold by
Mulkey William M and Lacayo Uberne J
Bought by
Teitel Thelma P and Teitel 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
$411,451
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 16, 2007
Sold by
Lacayo Damarys
Bought by
Lacayo William S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$903,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 9, 2007
Sold by
Slaven Mary Gene
Bought by
Mulkey William M and Lacayo Uberne J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$903,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 20, 2002
Sold by
Crespo Denova Charles Cullotte and Crespo Denova Dolores Theresa
Bought by
Slaven Mary Gene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
6.03%
Purchase Details
Closed on
Dec 10, 1998
Sold by
Denova Trust Denova Charles C And Dolores Trs
Bought by
Crespo Denova Charles Cullotte and Crespo Denova Delores Theresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.82%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anfuso Properties Llc | -- | None Listed On Document | |
| Teitel Thelma P | $1,490,000 | Fidelity National Title Co | |
| Lacayo William S | -- | Nations Title Company | |
| Mulkey William M | -- | Nations Title Company | |
| Mulkey William M | $1,290,000 | Nations Title Company | |
| Slaven Mary Gene | $775,000 | Gateway Title Company | |
| Crespo Denova Charles Cullotte | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Teitel Thelma P | $411,451 | |
| Previous Owner | Mulkey William M | $903,000 | |
| Previous Owner | Slaven Mary Gene | $581,250 | |
| Previous Owner | Crespo Denova Charles Cullotte | $152,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2021 04/15/21 | Sold | $2,560,000 | +3.4% | $477 / Sq Ft |
| 03/02/2021 03/02/21 | For Sale | $2,475,000 | -3.3% | $461 / Sq Ft |
| 02/28/2021 02/28/21 | Pending | -- | -- | -- |
| 02/25/2021 02/25/21 | Off Market | $2,560,000 | -- | -- |
| 02/18/2021 02/18/21 | For Sale | $2,475,000 | -- | $461 / 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 | $32,758 | $2,771,023 | $1,298,917 | $1,472,106 |
| 2024 | $31,334 | $2,716,691 | $1,273,449 | $1,443,242 |
| 2023 | $30,752 | $2,663,424 | $1,248,480 | $1,414,944 |
| 2022 | $30,337 | $2,611,200 | $1,224,000 | $1,387,200 |
| 2021 | $20,958 | $1,772,636 | $1,189,691 | $582,945 |
| 2020 | $20,985 | $1,754,461 | $1,177,493 | $576,968 |
| 2019 | $20,557 | $1,720,060 | $1,154,405 | $565,655 |
| 2018 | $19,998 | $1,686,334 | $1,131,770 | $554,564 |
| 2016 | $19,298 | $1,620,854 | $1,087,823 | $533,031 |
| 2015 | $18,942 | $1,596,508 | $1,071,483 | $525,025 |
| 2014 | $18,695 | $1,565,236 | $1,050,495 | $514,741 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Richardson
-
Lisa Levin
Seller Co-Listing Agent in 2021
Lisa Levin
Vista Sotheby’s International Realty
(310) 546-3468
7 in this area
33 Total Sales
-
Meredith Johnson
Buyer's Agent in 2021
Meredith Johnson
Vista Sotheby’s International Realty
(310) 541-8271
12 in this area
75 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21034632
APN: 4159-003-033
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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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