NOT LISTED FOR SALE

2103 Carnegie Ln Redondo Beach, CA 90278

North Redondo Beach Neighborhood

Estimated Value: $2,208,000 - $2,495,000

12 Beds
8 Baths
5,202 Sq Ft
$448/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2024

Last sale price $2,340,000 $450 Per Sq Ft

Current estimated payment $15,175 / mo

16 Days on Market

About This Home

As of July 2024

Presenting an exceptional 4-Unit opportunity in north Redondo Beach, this listing features all 3-bedroom/2-bathroom units, each providing spacious floorplans averaging approximately 1,300 square feet. With a current CAP rate of 5.91% and a GRM of 12.77, this investment offers strong returns. Additionally, the property is delivered with TWO VACANT units both of which are rent ready as-is. 2103 Carnegie Lane also offers washer and dryer hook-ups for each and every unit as well as ample parking with a total of 4 garage spaces and 4 tandem spaces.2103 Carnegie Lane is NOT under LA City Rent Control and thus investors can capitalize on the property's substantial upside potential under AB-1482 , making 2103 Carnegie Lane an enticing investment in a prime Beach City sub-market. 2103 Carnegie Lane also qualifies for residential financing allowing a potential purchaser to receive max leverage and put less money down.

Last Agent to Sell the Property

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 05/01/2024

Last Buyer's Agent

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 05/01/2024

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,506 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 5,202 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Community Details

  • 4 Units
  • Vacancy Allowance $5,638

Listing and Financial Details

  • Assessor Parcel Number 4156-008-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

7,506 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 5202
  • Lot Acreage: 0.1724
  • Price Per Unit: 600000.00
  • Stories: 3
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 461.36

Exterior Features

  • Other Structures: Other
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 4
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Number Electric Meters: 4
  • Number Gas Meters: 4

Lot Info

  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 543272
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 1086549
  • Total Assessed Value: 1629821
  • Assessor Parcel Number: 4156-008-014
  • Lot Size Area: 7506

Rental Info

  • Total Actual Rent: 187844.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.77
  • Number Of Units: 4
  • Type Of Units: 3+2
  • Vacancy Allow: 5638
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Percent: 1.10
  • Tax Total: 26400.00

Matterport 3D Tour

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
May 1, 2024
Closed on
Jul 10, 2024
Sold by
Bought by
Seller's Agent
Gianluca Jacoli
Shield CRE, Inc.
Buyer's Agent
Gianluca Jacoli
Shield CRE, Inc.
List Price
$2,400,000
Sold Price
$2,340,000
Premium/Discount to List
-$60,000
-2.5%
Views
13
Current Estimated Value
$2,332,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,794
Avg. Annual Appreciation
-0.16%
Original Mortgage
$1,638,000
Outstanding Balance
$1,616,976
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$715,230

Purchase Details

Closed on
Feb 1, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 1995
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

  • Gina Lemus Real Estate Agent - Compass

    Gina Lemus

    Compass

    (424) 338-9732

    10 Total Sales

    3 in North Redondo Beach

    $1M - $1.5M Price Range

    Gina Lemus
     Section Image
  • Kelly Schmit Real Estate Agent - Fredericks Realty

    Kelly Schmit

    Fredericks Realty

    (562) 502-8314

    24 Total Sales

    1 in North Redondo Beach

    $1,100,000 Price

    Kelly Schmit
     Section Image
  • Mark Lear Real Estate Agent - WERE Real Estate Inc

    Mark Lear

    WERE Real Estate Inc

    (657) 223-8121

    353 Total Sales

    2 in North Redondo Beach

    $1.2M - $1.3M Price Range

    Mark Lear
     Section Image
  • Melissa Okabe Real Estate Agent - Alta Properties

    Melissa Okabe

    Alta Properties

    (562) 568-9373

    29 Total Sales

    1 in North Redondo Beach

    $1,150,000 Price

    Melissa Okabe
     Section Image
  • Audrey Judson Real Estate Agent - Pacifica Properties Group, Inc.

    Audrey Judson

    Pacifica Properties Group, Inc.

    (424) 310-1086

    47 Total Sales

    6 in North Redondo Beach

    $1.3M - $1.7M Price Range

    Audrey Judson
     Section Image
  • Gerry Nicks Real Estate Agent - Keller Williams Realty

    Gerry Nicks

    Responds Quickly

    Keller Williams Realty

    (424) 370-0766

    167 Total Sales

    1 in North Redondo Beach

    $1,500,000 Price

    Gerry Nicks
     Section Image
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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
$2,340,000 Fidelity National Title
$1,350,000 Chicago Title Company
-- --
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 $1,638,000
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
07/17/2024 07/17/24 Sold $2,340,000 -2.5% $450 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $2,400,000 -- $461 / Sq Ft
Source: The MLS

Agents Affiliated with this Home

  • Gianluca Jacoli Real Estate Agent - Shield CRE, Inc.

    Seller's Agent in 2024

    Gianluca Jacoli

    Shield CRE, Inc.

    (510) 708-2662

    7 in this area

    54 Total Sales

    Gianluca Jacoli
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Map

Source: The MLS

MLS Number: 24-386597

The MLS

APN: 4156-008-014

California Los Angeles County Redondo Beach 90278 North Redondo Beach

2103 Carnegie Ln, Redondo Beach, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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