NOT LISTED FOR SALE

Estimated Value: $1,541,000 - $2,038,676

5 Beds
4 Baths
2,475 Sq Ft
$727/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,400,000 $566 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,765/month

3 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Private Yard
  • Laundry Room
  • Jefferson Elementary School Rated A+
  • No HOA
  • 4-minute walk to Gregg Parkette

About This Home

As of February 2021

Hard to find Duplex in Redondo Beach! Live in the front house and help pay your mortgage with the 2bd, 2ba rear rental unit. Detached front unit apx. 1347 sq. ft. Rear unit sits above the garage apx. 1128 sq. ft. Well maintained building, recently upgraded electrical panel on front unit. Large lot, 50' x 150' zoned R2 (buyer to verify). Prime Redondo Beach location. Under a 10 minute drive to the beach, nearby shopping, within the Redondo Beach School district, 8+ rated schools, Elementary-High School per Greatschools.org

Last Agent to Sell the Property

Michael Miller

Inland Pacific Management Company License #01150951 Listed on: 01/26/2021

Last Buyer's Agent

Andy Tseng

The Realestate Group License #01899224

The Realestate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,498 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Midcentury Modern Architecture
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,475 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 4159
  • Assessor Parcel Number 4159007010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $49,140
  • Net Operating Income $38,427

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

7,498 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 3.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4159007010
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 565.66

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size: 50 x 150
  • Lot Size Sq Ft: 7498.00
  • Lot Size Acres: 0.1721

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 49140.00
  • Gross Scheduled Income: 49140.00
  • Lot Size Area: 7498.0000 Square Feet
  • Net Operating Income: 38426.50
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 10713.50
  • Rent Control: No
  • Total Actual Rent: 4095.00

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 4159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 1995
Sold by
Reid Richard Dennis and Reid Judith Ann
Bought by
Reid Richard Dennis and Reid Judith Ann
Current Estimated Value
$1,799,169
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Reid Richard Dennis -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $1,400,000 0.0% $566 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $1,400,000 -- $566 / Sq Ft
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 $17,957 $1,515,404 $1,082,432 $432,972
2024 $17,957 $1,485,691 $1,061,208 $424,483
2023 $17,632 $1,456,560 $1,040,400 $416,160
2022 $17,312 $1,428,000 $1,020,000 $408,000
2021 $3,421 $177,724 $47,984 $129,740
2020 $3,373 $175,902 $47,492 $128,410
2019 $3,279 $172,454 $46,561 $125,893
2018 $3,068 $169,074 $45,649 $123,425
2016 $2,942 $162,510 $43,877 $118,633
2015 $2,902 $160,070 $43,218 $116,852
2014 $2,865 $156,936 $42,372 $114,564
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21013965

California Regional Multiple Listing Service (CRMLS)

APN: 4159-007-010

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