$3,900,000
SOLD MAY 30, 2025
13 Beds
11 Baths
6,467 Sq Ft
7,498 Sq Ft Lot

Recently Sold

$603 Per Sq Ft

1% Below List Price

33 Days on Market

Highlights

  • Laundry Room
  • Tankless Water Heater
  • 10 Car Garage
  • Birney Elementary School Rated A+

About This Home

As of May 2025

Outstanding North Redondo Location - Approximately 1.5 Miles from the Pacific Ocean | Five Units Fully Renovated with New Floors, Appliances, Doors, Windows, Cabinets, Quartz Counters, LED Recess Lights, Crown Molding, Bathroom Vanities, Tiles & Porcelain Tubs | Unit Mix of (Two) 2-Bedroom/1-Bathroom Units, (One) Newly Built 1-Bedroom/1-Bathroom + Loft ADU & (Eight) 1-Bedroom/1-Bathroom Units | 4.76% Cap Rate & 14.42 GRM | 6.76% Pro-Forma Cap Rate & 11.12 Pro-Forma GRM | No Local Rent Control - Defaults to AB 1482 | New Cool Roof | 3 Tankless Water Heaters Tremendous Curb Appeal - Freshly Painted Building, Front Redwood Fence and New Planters, Drought-Efficient Landscaping, Irrigation & Astroturf | New Fascia, Gutters & Exterior LED Lights | Most Electrical Panels Replaced New Copper Water Line | Total of 10 Garages | Laundry Room with Newer Machines | Close Proximity to Hermosa Beach Pier, Pier Avenue, King Harbor, Redondo Beach Pier & Downtown Hermosa Beach

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 03/05/2025

Last Buyer's Agent

Cari Corbalis

License #00850678

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,498 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 10 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • 6,467 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 11 Bathrooms

Utilities

  • Tankless Water Heater

Community Details

  • 11 Units
  • Vacancy Allowance $8,228

Listing and Financial Details

  • Assessor Parcel Number 4156-010-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

10

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 6467
  • Lot Acreage: 0.1722
  • Lot Dimensions: 50x150
  • Price Per Unit: 359091.00
  • Stories: 3
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Laundry: Room, Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 610.79

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 10
  • Covered Parking: 10
  • Garage Structures: 10
  • Parking Garage: Garage
  • Total Parking: 10

Utilities

  • Water Heater: Tankless
  • Number Electric Meters: 10
  • Number Gas Meters: 11

Lot Info

  • Assessed Improvement Percent: 61.16
  • Assessed Improvement Value: 2080800
  • Assessed Land Percent: 38.84
  • Assessed Land Value: 1321308
  • Total Assessed Value: 3402108
  • Assessor Parcel Number: 4156-010-020
  • Lot Size Area: 7498

Rental Info

  • Total Actual Rent: 273900.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116
  • Gross Rent Multiplier: 14.42
  • Number Of Units: 11
  • Type Of Units: 2+1, 1+1
  • Vacancy Allow: 8228
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Rate: 1.25
  • Tax Total: 49375.00
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold $3,900,000 -1.3% $603 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $3,950,000 0.0% $611 / Sq Ft
01/04/2025 01/04/25 Off Market $2,150 -- --
09/21/2024 09/21/24 Price Changed $2,150 -18.9% --
09/21/2024 09/21/24 For Rent $2,650 0.0% --
10/28/2022 10/28/22 Price Changed $2,650 +56.3% --
10/27/2022 10/27/22 For Rent $1,695 0.0% --
08/09/2021 08/09/21 Sold $3,270,000 +0.6% $564 / Sq Ft View Prior Sale
06/08/2021 06/08/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $3,250,000 -- $560 / Sq Ft
Source: The MLS

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 $40,571 $3,470,150 $1,347,734 $2,122,416
2024 $40,571 $3,402,108 $1,321,308 $2,080,800
2023 $39,830 $3,335,400 $1,295,400 $2,040,000
2022 $39,301 $3,270,000 $1,270,000 $2,000,000
2021 $16,277 $1,190,443 $330,070 $860,373
2020 $16,293 $1,178,737 $326,686 $852,051
2019 $15,988 $1,155,635 $320,281 $835,354
2018 $15,564 $1,132,986 $314,001 $818,985
2016 $15,013 $1,088,512 $301,809 $786,703
2015 $14,752 $1,072,162 $297,276 $774,886
2014 $14,617 $1,051,161 $291,453 $759,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25506893

The MLS