NOT LISTED FOR SALE

210 S Lucia Ave Redondo Beach, CA 90277

Estimated Value: $2,873,683 - $3,427,000

9 Beds
9 Baths
5,013 Sq Ft
$611/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $2,750,000 $549 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $20,597/month

10 Days on Market

Highlights

  • No HOA
  • Alta Vista Elementary School Rated A+
  • Laundry Room

About This Home

As of August 2021

210 S Lucia Ave is a recently updated 4-unit in South Redondo Beach. The building was built in 1971 and consists of 5,013 SF of living space situated on a 7,827 SF lot. The property offers all townhomes style units consisting of (1) 3-bed/2.5-bath owner’s unit & (3) 2-bed/1.5-bath units. 210 S Lucia Ave features private patios & private balconies for each unit, an on-site laundry facility, and (3) 2-car garages. Given the ideal location and in-place income, this is an excellent opportunity for an owner-user or a yield-focused investor to acquire an asset in Prime Redondo Beach.

Last Agent to Sell the Property

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 07/06/2021

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Kimiyasu Murayoshi

Andrew C. Lee License #01329437

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,762

Year Built

  • Built in 1971

Lot Details

  • 7,827 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • 5,013 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 21 / 50
  • Tax Tract Number 7018
  • Assessor Parcel Number 7506019021

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $3,008
  • Maintenance Expense $4,356
  • Other Expense $3,200
  • New Taxes Expense $30,852
  • Operating Expense $42,616
  • Gross Income $145,200
  • Net Operating Income $98,228

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,762

Year Built

Built in 1971

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Zoning: RBR-3
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7506019021
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 548.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7827.00
  • Lot Size Acres: 0.1797

Multi Family

  • Gross Income: 145200.00
  • Gross Operating Income: 140844.00
  • Gross Scheduled Income: 145200.00
  • Insurance Expense: 3008.00
  • Lot Size Area: 7827.0000 Square Feet
  • Maintenance Expense: 4356.00
  • Maintenance Percent: 3.00
  • Net Operating Income: 98228.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 42616.00
  • Operating Expense Percent: 29.00
  • Other Expense: 3200.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Actual Rent: 12100.00
  • Total Expenses: 42616.00
  • Vacancy Allowance: 4356
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 30852.00
  • Tax Block: 50
  • Tax Census Tract: 6213.01
  • Tax Lot: 21
  • Tax Tract Number: 7018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2024
Sold by
Sunri Home Co Ltd
Bought by
Open House Los Angeles Realty & Investments L
Total Days on Market
10
Current Estimated Value
$3,064,171

Purchase Details

Listed on
Jul 6, 2021
Closed on
Oct 8, 2021
Sold by
Open House Investments Llc
Bought by
Sunri Home Co Ltd
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Kimiyasu Murayoshi
Andrew C. Lee
List Price
$2,650,000
Sold Price
$2,750,000
Premium/Discount to List
$100,000
3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%
Original Mortgage
$193,881
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 10, 2021
Sold by
Miidol Investments Llc
Bought by
Open Rouse Investments Llc
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Kimiyasu Murayoshi
Andrew C. Lee
List Price
$2,650,000
Sold Price
$2,750,000
Premium/Discount to List
$100,000
3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,881
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 6, 2021
Closed on
Jul 13, 2021
Sold by
Talbot Kevin E and Talbot Fernanda
Bought by
Mikkol Investments Llc
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Kimiyasu Murayoshi
Andrew C. Lee
List Price
$2,650,000
Sold Price
$2,750,000
Premium/Discount to List
$100,000
3.77%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Newton Daniel B
Bought by
Talbot Kevin E and Talbot Fernanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,375
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Open House Los Angeles Realty & Investments L $2,830,000 Chicago Title Company
Sunri Home Co Ltd $3,460,000 Chicago Title Co Com Div
Open Rouse Investments Llc $2,720,000 First American Title Company
Mikkol Investments Llc -- Accommodation
Talbot Kevin E $1,477,500 Provident Title Company
Talbot Kevin E $1,477,500 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sunri Home Co Ltd $193,881
Previous Owner Talbot Kevin $729,500
Previous Owner Talbot Kevin E $960,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $2,750,000 +3.8% $549 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $2,650,000 0.0% $529 / Sq Ft
04/07/2019 04/07/19 Rented $2,750 0.0% --
03/26/2019 03/26/19 Price Changed $2,750 -8.3% $3 / Sq Ft
02/21/2019 02/21/19 For Rent $3,000 -- --
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 $40,762 $3,599,784 $1,664,640 $1,935,144
2023 $40,002 $3,529,200 $1,632,000 $1,897,200
2022 $39,468 $3,460,000 $1,600,000 $1,860,000
2021 $21,897 $1,865,354 $1,549,731 $315,623
2020 $21,927 $1,846,228 $1,533,841 $312,387
2019 $21,482 $1,810,028 $1,503,766 $306,262
2018 $20,877 $1,774,538 $1,474,281 $300,257
2016 $20,211 $1,705,633 $1,417,034 $288,599
2015 $19,844 $1,680,013 $1,395,749 $284,264
2014 $17,946 $1,500,000 $1,216,100 $283,900
Source: Public Records

Agents Affiliated with this Home

  • Brett Lyon

    Seller's Agent in 2021

    Brett Lyon

    Lyon Stahl Investment Real Estate, Inc.

    3 in this area

    136 Total Sales

    Brett Lyon
    Section Image
  • Kimiyasu Murayoshi

    Buyer's Agent in 2021

    Kimiyasu Murayoshi

    Andrew C. Lee

    (213) 442-0211

    3 in this area

    87 Total Sales

    Kimiyasu Murayoshi
    Section Image
  • Brent Talbot

    Seller's Agent in 2019

    Brent Talbot

    RE/MAX

    (310) 780-1631

    7 in this area

    42 Total Sales

    Brent Talbot
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21142473

California Regional Multiple Listing Service (CRMLS)

APN: 7506-019-021

California Los Angeles County Redondo Beach 90277

210 S Lucia Ave, Redondo Beach, CA

This home is located at 210 S Lucia Ave, Redondo Beach, CA 90277 since 06 July 2021 and is currently estimated at $3,064,171, approximately $611 per square foot. This property was built in 1971. 210 S Lucia Ave is a home located in Los Angeles County with nearby schools including Alta Vista 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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