NOT LISTED FOR SALE

204 Camino Real Redondo Beach, CA 90277

Estimated Value: $2,017,000 - $2,489,000

6 Beds
5 Baths
2,120 Sq Ft
$1,056/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $1,505,000 $710 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $14,302/month

14 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Balcony
  • Alta Vista Elementary School Rated A+
  • No HOA
  • Living Room

About This Home

As of September 2016

Early 1900's 4plex apartment building Victorian/Beach Cottage, 3 short blocks to the beach, restaurants and the new proposed Redondo Beach Pier. Legal 4 plex on a extra large R-2 LOT. (collect rents now, build two large town homes in the future) 4 unit Mix consist of, (1) 2 bed 2 bath, (1) 2 bed 1 bath, (1) 1 bed 1 1/2 bath, & 1 bed 1 bath.. Current rents are low; approximate monthly income $6700. Tenant occupied. Offers subject to inspection sold in as is condition.

Last Agent to Sell the Property

Gary Elminoufi

Beach City Brokers License #01139207 Listed on: 08/11/2016

Beach City Brokers

Last Buyer's Agent

Michael Talbot

Estate Properties License #00645363

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,225

Year Built

  • Built in 1906

Lot Details

  • 6,536 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 2,120 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Gas Oven
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for gas, water
  • Tax Lot 16
  • Tax Tract Number 62130
  • Assessor Parcel Number 7506008023

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,500
  • Trash Expense $700
  • Water Sewer Expense $1,500
  • New Taxes Expense $18,750
  • Gross Income $6,705
  • Net Operating Income $78,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,225

Year Built

Built in 1906

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Zoning: RBR-3
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 7506008023
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 709.91
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Freezer, Disposal, Gas Oven, Refrigerator
  • Laundry Features: Common Area, Community, Outside
  • Trash Expense: 700.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 6536.00
  • Price Per Lot Square Foot: 228.73

Rental Info

  • Tenant Pays: Gas, Water

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 6705.00
  • Gross Scheduled Income: 80460.00
  • Insurance Expense: 1500.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 78960.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 1500.00
  • Rent Control: No
  • Total Actual Rent: 6580.00

Tax Info

  • New Taxes Expense: 18750.00
  • Tax Lot: 16
  • Tax Tract Number: 62130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
8Th St Properties Llc
Bought by
8Th St Properties Llc
Total Days on Market
14
Current Estimated Value
$2,238,991

Purchase Details

Listed on
Aug 11, 2016
Closed on
Aug 26, 2016
Sold by
Beach City Properties Llc
Bought by
8Th Street Properties Llc
Seller's Agent
Gary Elminoufi
Beach City Brokers
Buyer's Agent
Michael Talbot
Estate Properties
List Price
$1,495,000
Sold Price
$1,505,000
Premium/Discount to List
$10,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Oct 9, 2014
Sold by
Freiberg Caruso Lana and The Erna Freiberg Trust
Bought by
Beach City Properties Llc and Racc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
4.16%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 25, 1996
Sold by
Freiberg Erna
Bought by
Freiberg Caruso Lana and The Erna Freiberg Trust
Source: Public Records

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Range of Values:

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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
8Th St Properties Llc -- Accommodation
8Th Street Properties Llc $1,505,000 Lawyers Title
Beach City Properties Llc $2,800,000 Lawyers Title
Freiberg Caruso Lana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beach City Properties Llc $1,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $1,505,000 +0.7% $710 / Sq Ft
08/11/2016 08/11/16 For Sale $1,495,000 -- $705 / 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
2024 $21,225 $1,712,428 $1,592,959 $119,469
2023 $20,532 $1,678,852 $1,561,725 $117,127
2022 $20,138 $1,645,934 $1,531,103 $114,831
2021 $19,746 $1,613,662 $1,501,082 $112,580
2020 $19,702 $1,597,117 $1,485,691 $111,426
2019 $19,245 $1,565,802 $1,456,560 $109,242
2018 $18,706 $1,535,100 $1,428,000 $107,100
2016 $14,120 $1,116,774 $847,733 $269,041
2015 $13,878 $1,100,000 $835,000 $265,000
2014 $2,543 $81,556 $51,978 $29,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16177003

California Regional Multiple Listing Service (CRMLS)

APN: 7506-008-023