$1,675,000
UNDER CONTRACT

Estimated payment $9,867/month

Total Views 1,965
6 Beds
4 Baths
2,200 Sq Ft
$761 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Ceiling Fan
  • Lincoln Elementary School Rated A+
  • Central Heating
  • 4-minute walk to Anderson Park

About This Home

This centrally located Redondo Beach duplex is a great opportunity to add to your South Bay investment portfolio. Each unit features 3 bedrooms and 2 baths with private yard space and separate garages. There is upside potential from the current rents or buy now and plan to build later. The property is located close to shopping, schools, and commuting routes, while offering a street that has many improved properties. Offers are subject to inspection.

Listing Agent

Kyle Daniels

Vista Sotheby’s International Realty Brokerage Phone: 310.374.2100 License #01843670 Listed on: 07/18/2025

Vista Sotheby’s International Realty

Co-Listing Agent

Scot Nicol

Compass Brokerage Phone: 310.374.2100 License #01918400

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,394

Year Built

  • Built in 1965

Lot Details

  • 7,505 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Home Design

  • Duplex
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Oven

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen
  • Washer Hookup

Utilities

  • Central Heating
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 4150022021
  • $1,634 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $855
  • Insurance Expense $1,737
  • Maintenance Expense $1,932
  • Pest Control $1,290
  • Professional Management Expense $3,290
  • Water Sewer Expense $1,321
  • New Taxes Expense $20,000
  • Operating Expense $30,425
  • Gross Income $70,800
  • Net Operating Income $51,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,394

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 3.10
  • Price Per Unit: 837500
  • Professional Management Expense: 3290.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1321.00
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 855.00
  • Parcel Number: 4150022021
  • Year Built: 1965
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 761.36
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Garage
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Garage, In Kitchen, Washer Hookup
  • Pest Control Expense: 1290.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7505.00
  • Lot Size Acres: 0.1723

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average3 Bed Area: 1100 Square Feet
  • Gross Income: 70800.00
  • Gross Multiplier: 23.70
  • Gross Scheduled Income: 70800.00
  • Insurance Expense: 1737.00
  • Lot Size Area: 7505.0000 Square Feet
  • Maintenance Expense: 1932.00
  • Net Operating Income: 51980.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 18820.00
  • Rent Control: No
  • Total Actual Rent: 70800.00
  • Total Expenses: 30425.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Lot: 20
  • Tax Tract Number: B
  • TaxOtherAnnualAssessmentAmount: 1633.92

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,394 $534,738 $372,076 $162,662
2024 $7,394 $524,254 $364,781 $159,473
2023 $7,272 $513,976 $357,629 $156,347
2022 $7,095 $503,899 $350,617 $153,282
2021 $6,877 $494,020 $343,743 $150,277
2019 $6,667 $479,370 $333,549 $145,821
2018 $6,382 $469,971 $327,009 $142,962
2016 $6,162 $451,723 $314,312 $137,411
2015 $6,060 $444,938 $309,591 $135,347
2014 $5,975 $436,223 $303,527 $132,696
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $1,675,000 -- $761 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- Investors Title
Interfamily Deed Transfer -- Investors Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $190,800 Purchase Money Mortgage
Previous Owner $190,800 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25152503

California Regional Multiple Listing Service (CRMLS)

APN: 4150-022-021