Seller's Agent in 2023
Austin Zahn
Lyon Stahl Investment Real Estate, Inc.
(310) 613-1251
18 in this area
59 Total Sales
2102 Manhattan Beach Blvd Redondo Beach, CA 90278
North Redondo Beach Neighborhood
11
Beds
6
Baths
4,210
Sq Ft
5,626
Sq Ft Lot
Highlights
- Laundry Room
- Lincoln Elementary School Rated A+
- Rectangular Lot
About This Home
As of September 2023Welcome to 2102 Manhattan Beach Blvd. 5 units located across the street from the South Bay’s largest employers. This building has recently been completely rehabbed with improvements including, a full building electrical system upgrade, full roof replacement, new window system, new plumbing upgrades to include in unit washer/dryer infastructure, new garage doors, a new paver walkway with an exterior lighting package and improved landscaping. Unit interiors have been upgraded with, new two-tone cabinets and calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, and soaking tubs with custom tiled showers and new plumbing hardware. Now operating at a 4.69% CAP, with units recently resigning first or second year terms at increased rates, this property is ready for someone to benefit from long term headache free stabilized cash-flow!
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01936451 Listed on: 08/08/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 5,626 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 5 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,210 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Listing and Financial Details
- Legal Lot and Block 11 / 2
- Assessor Parcel Number 4150002028
- $1,978 per year additional tax assessments
Community Details
Overview
- 5 Units
Building Details
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,000
- Professional Management Expense $10,000
- Operating Expense $52,820
- Gross Income $214,104
- Net Operating Income $154,861
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/25/2023 09/25/23 | Sold | $3,187,500 | -3.4% | $757 / Sq Ft | |
| 08/08/2023 08/08/23 | For Sale | $3,300,000 | +69.2% | $784 / Sq Ft | |
| 08/18/2020 08/18/20 | For Sale | $1,950,000 | +1.0% | $463 / Sq Ft | |
| 08/14/2020 08/14/20 | Sold | $1,930,000 | -- | $458 / Sq Ft | View Prior Sale |
| 08/14/2020 08/14/20 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $36,958 | $3,251,250 | $1,836,000 | $1,415,250 |
| 2024 | $36,958 | $3,187,500 | $1,800,000 | $1,387,500 |
| 2023 | $24,020 | $2,007,972 | $1,456,560 | $551,412 |
| 2022 | $23,704 | $1,968,600 | $1,428,000 | $540,600 |
| 2021 | $23,156 | $1,930,000 | $1,400,000 | $530,000 |
| 2020 | $3,302 | $121,005 | $42,797 | $78,208 |
| 2019 | $2,917 | $118,633 | $41,958 | $76,675 |
| 2018 | $2,763 | $116,308 | $41,136 | $75,172 |
| 2016 | $2,638 | $111,794 | $39,540 | $72,254 |
| 2015 | $2,599 | $110,116 | $38,947 | $71,169 |
| 2014 | $2,605 | $107,960 | $38,185 | $69,775 |
Source: Public Records
Agents Affiliated with this Home
-
Austin Zahn
-
Patricia Blakemore
Buyer's Agent in 2023
Patricia Blakemore
Keller Williams Palos Verdes
(213) 293-8282
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23146544
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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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