NOT LISTED FOR SALE
6 Beds
6 Baths
3,096 Sq Ft
5,999 Sq Ft Lot

Sale Details

Date Sold: October 4, 2024

Last sale price $2,250,000 $727 Per Sq Ft

24 Days on Market

About This Home

As of October 2024

Priced Reduced by Over $200,000! Located just 2-Blocks from Manhattan Beach, this a great opportunity to own 6 Units that ARE NOT subject to Los Angeles City Rent Control. The property consists of (6) 1-Bedroom/1-Bathroom units situated on a corner lot. One of the units is currently vacant. Recent upgrades include a new sewer line extending to the sidewalk, new copper plumbing throughout, and replacement of all sewer and drain lines to the sidewalk. Additionally, there's a new concrete driveway, all windows have been upgraded to vinyl dual-pane, and the units feature vinyl plank flooring and granite an/or quartz countertops. The property boasts new landscaping with irrigation and lighting. The property also has significant rental upside which can be attained easily with some interior upgrades.

Last Agent to Sell the Property

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 08/06/2024

Last Buyer's Agent

Nicholas Phillips

Compass License #01742107

Compass
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,999 Sq Ft Lot
  • Lot Dimensions are 100x60

Parking

  • 6 Car Garage
  • 6 Open Parking Spaces

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Community Details

  • 6 Units
  • Vacancy Allowance $4,523

Listing and Financial Details

  • Assessor Parcel Number 4155-027-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

5,999 Sq Ft Lot

Parking

6

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3096
  • Lot Acreage: 0.1378
  • Lot Dimensions: 100x60
  • Price Per Unit: 391500.00
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Common Walls: Attached
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 758.72

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 6
  • Other Spaces: 6
  • Garage Structures: 6
  • Parking Garage: Garage
  • Total Parking: 12

Utilities

  • Number Electric Meters: 6
  • Number Gas Meters: 6

Lot Info

  • Assessed Improvement Percent: 37.50
  • Assessed Improvement Value: 265901
  • Assessed Land Percent: 62.5
  • Assessed Land Value: 443178
  • Total Assessed Value: 709079
  • Assessor Parcel Number: 4155-027-022
  • Lot Size Area: 5999

Rental Info

  • Total Actual Rent: 150780.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 15.58
  • Number Of Units: 6
  • Type Of Units: 1+1
  • Vacancy Allow: 4523
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Rate: 1.10
  • Tax Total: 25839.00

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
Aug 6, 2024
Closed on
Sep 24, 2024
Sold by
Bought by
Seller's Agent
Gianluca Jacoli
Shield CRE, Inc.
Buyer's Agent
Nicholas Phillips
Compass
List Price
$2,550,000
Sold Price
$2,250,000
Premium/Discount to List
-$300,000
-11.76%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Outstanding Balance
$1,038,590
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 1, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Redondo Beach, CA

See All Agents

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
$2,250,000 Fidelity National Title
-- None Listed On Document
-- None Available
-- None Available
-- Southland Title
-- Investors Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,060,000
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
10/04/2024 10/04/24 Sold $2,250,000 -4.2% $727 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/21/2024 08/21/24 Price Changed $2,349,000 -7.9% $759 / Sq Ft
08/06/2024 08/06/24 For Sale $2,550,000 -- $824 / Sq Ft
Source: The MLS

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
2025 $27,586 $2,250,000 $1,800,000 $450,000
2024 $10,194 $723,260 $452,041 $271,219
2023 $10,030 $709,079 $443,178 $265,901
2022 $9,908 $695,177 $434,489 $260,688
2021 $9,716 $681,547 $425,970 $255,577
2019 $9,550 $662,250 $413,337 $248,913
2018 $9,271 $649,284 $405,233 $244,051
2016 $8,938 $623,195 $389,499 $233,696
2015 $8,787 $613,835 $383,649 $230,186
2014 $8,713 $601,811 $376,134 $225,677
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-424399

The MLS
Your Personal Tour Guide

Ask me questions while you tour the home.