NOT LISTED FOR SALE

201 N Lucia Ave Redondo Beach, CA 90277

Estimated Value: $1,726,000 - $2,051,000

4 Beds
2 Baths
1,692 Sq Ft
$1,116/Sq Ft Est. Value

Last Sold April 02, 2013

Last sale price $849,000 $502 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $11,032/month

41 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • View of Trees or Woods
  • Lawn
  • Beryl Heights Elementary School Rated A+
  • Wood Flooring
  • No HOA

About This Home

As of April 2013

This well-maintained, attractive South Redondo Duplex generates a stable rent stream and has potential for future growth. There are two detached free-standing units. The front house features hardwood floors, crown moldings, sunny kitchen with a bay window overlooking the front yard, breakfast bar, white plantation shutters, ceiling fans, attic storage and private backyard. The back house features a bright, open floor plan, hardwood floors in Living Room, crown moldings, ceiling fan, private patio/side yard, and attached two-car garage (Back house needs some TLC). Quiet, tree-lined family neighborhood, close to beach, shopping, restaurants, entertainment and schools. Per tax records, front house was built in 1950 and back house was built in 1960. New roof and exterior paint, 2006. New water heaters, 2005. New wall heater in front unit, 2012. Fumed in 2013. Separate coin-operated laundry included. Zoned R-3. Perfect for owner-occupant, investor, or builder.

Last Agent to Sell the Property

Jim Lisi

Ossia Real Estate License #01411669 Listed on: 01/15/2013

Last Buyer's Agent

Sheri Fejeran

Beach Real Estate Group License #01217478

Beach Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,669

Year Built

  • Built in 1960

Lot Details

  • 5,894 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • No Common Walls
  • Level Lot
  • Lawn
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Cottage
  • Frame Construction
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,692 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Storage
  • Views of Woods

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Legal Lot and Block 4 / 69
  • Tax Tract Number 6212
  • Assessor Parcel Number 7504019006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $725
  • Insurance Expense $675
  • Maintenance Expense $300
  • Water Sewer Expense $750
  • New Taxes Expense $10,600
  • Operating Expense $13,050
  • Gross Income $4,370
  • Net Operating Income $39,390

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,669

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.60
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 750.00
  • Zoning: Rbr3yy
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Gardener Expense: 725.00
  • Parcel Number: 7504019006
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Copper Plumbing Full, Storage
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Levels: One
  • Price Per Square Foot: 501.77

Exterior Features

  • View: Trees/Woods
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Individual Room, Washer Included
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level, Lawn
  • Lot Size Sq Ft: 5894.00
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 4370.00
  • Gross Multiplier: 16.20
  • Gross Scheduled Income: 52440.00
  • Gross Spendable Income: 39390.00
  • Insurance Expense: 675.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 20.00
  • Lot Size Area: 5894.0000 Square Feet
  • Maintenance Expense: 300.00
  • Net Operating Income: 39390.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 13050.00
  • Rent Control: No
  • Total Actual Rent: 4350.00
  • Total Expenses: 13050.00
  • Waterfront Features: Bay Front

Tax Info

  • New Taxes Expense: 10600.00
  • Tax Block: 69
  • Tax Lot: 4
  • Tax Tract Number: 6212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2013
Closed on
Mar 12, 2013
Sold by
Visconti Tinamarie and Emerson Trust
Bought by
Sofen Howard L and Sofen Virginia K
Seller's Agent
Jim Lisi
Ossia Real Estate
Buyer's Agent
Sheri Fejeran
Beach Real Estate Group
List Price
$849,000
Sold Price
$849,000
Current Estimated Value
$1,889,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,040,086
Avg. Annual Appreciation
6.42%
Original Mortgage
$533,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
Visconti Tinamarie
Bought by
Visconti Tinamarie and Emerson Trust

Purchase Details

Closed on
Apr 15, 2004
Sold by
Visconti Tinamarie
Bought by
Visconti Tinamarie and Emerson Trust

Purchase Details

Closed on
Nov 14, 2003
Sold by
Visconti Tinamarie and Emerson Trust
Bought by
Visconti Tinamarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
4.01%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 27, 2003
Sold by
Visconti Tinamarie
Bought by
Visconti Tinamarie and Emerson Trust

Purchase Details

Closed on
Mar 28, 1999
Sold by
Visconti Gladys
Bought by
Visconti Tinamarie

Purchase Details

Closed on
Oct 15, 1998
Sold by
Thomas David G
Bought by
Thomas Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
6.54%

Purchase Details

Closed on
Oct 1, 1998
Sold by
Stoneman Carol K and Dewind Karen J
Bought by
Visconti Tinamarie and Visconti Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
6.54%
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Sofen Howard L $849,000 Usa National Title Company
Visconti Tinamarie -- --
Visconti Tinamarie -- --
Visconti Tinamarie -- Old Republic Title
Visconti Tinamarie -- --
Visconti Tinamarie -- First Southwestern Title
Thomas Karen D -- Lawyers Title Company
Visconti Tinamarie $397,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sofen Howard L $533,000
Previous Owner Visconti Tinamarie $483,000
Previous Owner Visconti Tinamarie $318,000
Closed Visconti Tinamarie $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2013 04/02/13 Sold $849,000 0.0% $502 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $849,000 -- $502 / 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 $12,669 $1,045,470 $576,056 $469,414
2024 $12,669 $1,024,971 $564,761 $460,210
2023 $12,446 $1,004,875 $553,688 $451,187
2022 $12,200 $985,173 $542,832 $442,341
2021 $11,935 $965,857 $532,189 $433,668
2020 $11,903 $955,955 $526,733 $429,222
2019 $11,625 $937,211 $516,405 $420,806
2018 $11,270 $918,835 $506,280 $412,555
2016 $10,916 $883,157 $486,621 $396,536
2015 $10,726 $869,892 $479,312 $390,580
2014 $11,422 $852,853 $469,923 $382,930
Source: Public Records

Agents Affiliated with this Home

  • Jim Lisi

    Seller's Agent in 2013

    Jim Lisi

    Ossia Real Estate

    (310) 753-8026

    4 Total Sales

    Jim Lisi
    Section Image

  • S

    Buyer's Agent in 2013

    Sheri Fejeran

    Beach Real Estate Group

    Section Image
  • Julie Lyon

    Buyer Co-Listing Agent in 2013

    Julie Lyon

    Lyon Stahl Investment Real Estate, Inc.

    (310) 345-1239

    6 in this area

    94 Total Sales

    Julie Lyon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13005580

California Regional Multiple Listing Service (CRMLS)

APN: 7504-019-006

California Los Angeles County Redondo Beach 90277

201 N Lucia Ave, Redondo Beach, CA

This home is located at 201 N Lucia Ave, Redondo Beach, CA 90277 since 15 January 2013 and is currently estimated at $1,889,086, approximately $1,116 per square foot. This property was built in 1960. 201 N Lucia Ave is a home located in Los Angeles County with nearby schools including Beryl Heights Elementary School, Parras (Nick G.) 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

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