Kevin Smith
First Team Real Estate
(858) 282-0168
26 Total Sales
2 in North Redondo Beach
$1.2M - $1.5M Price Range
2007 Mathews Ave Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated Value: $2,068,319
5
Beds
5
Baths
2,975
Sq Ft
$695/Sq Ft
Est. Value
Highlights
- Laundry Facilities
- Madison Elementary School Rated A+
- 2-minute walk to Mathews Parkette
About This Home
As of May 2021Great opportunity to own a 5 unit building in North Redondo Beach. Close proximity to Manhattan and Hermosa Beach which provide a pool of quality tenants. One unit vacant. Rents are below market value. 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 1959
Lot Details
- 7,486 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 5 Car Garage
Home Design
- 2,975 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Legal Lot and Block 16 / 101
- Assessor Parcel Number 4155027014
Community Details
Overview
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Insurance Expense $3,600
- Trash Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $10,000
- Operating Expense $17,500
- Gross Income $75,000
- Net Operating Income $57,500
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
May 4, 2021
Sold by
Linda Lou Thornton Family Trust
Bought by
Seller's Agent
John Altamura
S C Real Estate
Buyer's Agent
Anoop Garg
The Real Estate Consultants Westside Inc.
List Price
$1,750,000
Sold Price
$1,803,750
Premium/Discount to List
$53,750
3.07%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,569
Avg. Annual Appreciation
2.59%
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
-
Kevin Smith
-
Dennis Maynard
Dennis Maynard
LPT Realty, Inc
(424) 421-1811
9 Total Sales
1 in North Redondo Beach
$1,730,000 Price
-
Kristin Warrick
Kristin Warrick
Vista Sotheby's International Realty
(657) 279-5394
14 Total Sales
1 in North Redondo Beach
$2,010,000 Price
-
Josh Stein-Sapir
Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
139 Total Sales
1 in North Redondo Beach
$1,800,000 Price
-
Adel Hamad
Adel Hamad
Lifetime Realty Inc
(424) 396-0586
25 Total Sales
1 in North Redondo Beach
$1,263,375 Price
-
Kevin Moen
Kevin Moen
Estate Properties
(424) 842-4495
53 Total Sales
1 in North Redondo Beach
$1,067,000 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 |
|---|---|---|---|
| -- | None Available |
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 |
|---|---|---|---|---|
| 05/11/2021 05/11/21 | Sold | $1,803,750 | +3.1% | $606 / Sq Ft |
| 03/30/2021 03/30/21 | Pending | -- | -- | -- |
| 03/17/2021 03/17/21 | For Sale | $1,750,000 | -- | $588 / 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 |
|---|---|---|---|---|
| 2026 | $23,939 | $1,991,757 | $1,214,487 | $777,270 |
| 2025 | $23,939 | $1,952,704 | $1,190,674 | $762,030 |
| 2024 | $22,925 | $1,914,417 | $1,167,328 | $747,089 |
| 2023 | $22,511 | $1,876,881 | $1,144,440 | $732,441 |
| 2022 | $22,216 | $1,840,080 | $1,122,000 | $718,080 |
| 2021 | $3,321 | $129,271 | $59,762 | $69,509 |
| 2020 | $3,320 | $128,147 | $59,150 | $68,997 |
| 2019 | $3,278 | $125,640 | $57,991 | $67,649 |
| 2018 | $3,139 | $123,181 | $56,854 | $66,327 |
| 2016 | $2,937 | $118,208 | $54,648 | $63,560 |
| 2015 | $2,896 | $116,434 | $53,828 | $62,606 |
| 2014 | $2,902 | $114,154 | $52,774 | $61,380 |
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
-
Anoop Garg
AG
Buyer's Agent in 2021
Anoop Garg
The Real Estate Consultants Westside Inc.
(562) 889-4981
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21056227
APN: 4155-027-014
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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