NOT LISTED FOR SALE

Estimated Value: $2,051,000 - $2,607,000

8 Beds
5 Baths
3,498 Sq Ft
$682/Sq Ft Est. Value

Last Sold June 25, 2019

Last sale price $1,720,000 $492 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $14,583/month

18 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • 4-minute walk to Gregg Parkette
  • Jefferson Elementary School Rated A+

About This Home

As of June 2019

Preference is to be sold along with neighboring property at 2008 Marshallfield Ln. Presenting 2006 & 2008 Marshallfield Ln. This unique package deal includes two separately parceled side-by-side triplexes each on it's own 7,500 sqft, R2 lot, to offer 15,000 sqft of land. Each property consists of (1) 3-bedroom 2-bath front house, (1) 3-bedroom 1.5-bath townhouse style unit, and (1) 2-bedroom 1-bath unit. All units are well kept with private washer & dryers. There are 5-garage spaces on each lot with additional parking on-site. Opportunities to own this large of a piece of Redondo Beach do not come around often!

Last Agent to Sell the Property

Austin Zahn

Lyon Stahl Investment Real Estate, Inc. License #01936451 Listed on: 04/19/2019

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Bob Harger

BerkshireHathaway HomeServices License #00884972

BerkshireHathaway HomeServices

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,013

Year Built

  • Built in 1963

Lot Details

  • 7,505 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 5 Car Garage

Home Design

  • 3,498 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 6207
  • Assessor Parcel Number 4159003009

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $650
  • Insurance Expense $2,458
  • Trash Expense $800
  • Water Sewer Expense $950
  • New Taxes Expense $22,313
  • Operating Expense $29,029
  • Gross Income $76,320
  • Net Operating Income $47,291

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,013

Year Built

Built in 1963

Lot Details

0

Parking

5

Listing Details

  • Price Per Unit: 595000
  • Property Attached: Yes
  • Water Sewer Expenses: 950.00
  • Zoning: RBR-2
  • Property Type: Residential Income
  • Parcel Number: 4159003009
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 491.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7505.00
  • Lot Size Acres: 0.1723

Multi Family

  • Electric Expense: 650.00
  • Gross Income: 76320.00
  • Gross Scheduled Income: 76320.00
  • Insurance Expense: 2458.00
  • Lot Size Area: 7505.0000 Square Feet
  • Net Operating Income: 47291.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 29029.00
  • Rent Control: No
  • Total Expenses: 29029.00

Tax Info

  • New Taxes Expense: 22313.00
  • Tax Census Tract: 6207.02
  • Tax Lot: 9
  • Tax Tract Number: 6207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Jun 3, 2019
Sold by
Joseph Howard L and Katzen Linda R
Bought by
Cy 2006 Marshalfield Llc
Seller's Agent
Austin Zahn
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Bob Harger
BerkshireHathaway HomeServices
List Price
$1,785,000
Sold Price
$1,720,000
Premium/Discount to List
-$65,000
-3.64%
Total Days on Market
18
Current Estimated Value
$2,386,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,619
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Jul 27, 2009
Sold by
Joseph Howard L and Katzen Linda R
Bought by
Joseph Howard L

Purchase Details

Closed on
Jan 18, 2008
Sold by
Ben & Ruth Joseph Family Trust
Bought by
Joseph Howard L and Joseph Michael D
Source: Public Records

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Range of Values:

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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
Cy 2006 Marshalfield Llc $1,720,000 Fidelity National Title
Joseph Howard L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2019 06/25/19 Sold $1,720,000 -3.6% $492 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $1,785,000 -- $510 / 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
2024 $23,013 $1,881,066 $1,312,373 $568,693
2023 $22,597 $1,844,184 $1,286,641 $557,543
2022 $22,169 $1,808,024 $1,261,413 $546,611
2021 $21,564 $1,772,574 $1,236,680 $535,894
2019 $3,384 $129,837 $48,542 $81,295
2018 $3,164 $127,292 $47,591 $79,701
2016 $3,021 $122,351 $45,744 $76,607
2015 $2,986 $120,514 $45,057 $75,457
2014 $2,949 $118,154 $44,175 $73,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19089507

California Regional Multiple Listing Service (CRMLS)

APN: 4159-003-009