$1,875,000
SOLD DEC 10, 2015
8 Beds
5 Baths
3,458 Sq Ft
7,503 Sq Ft Lot

Recently Sold

$542 Per Sq Ft

217 Days on Market

Highlights

  • Ceiling Fan
  • Jefferson Elementary School Rated A+
  • 1-Story Property

About This Home

As of December 2015

2105 Marshallfield is located in the dense rental market of North Redondo Beach and not subject to rent control. The property was completely remodeled receiving a fresh and modern look. The unit mix consists of (3) two-bed, one-bath units and (1) three-bed, two-bath unit. Interior remodel features new: wood laminate floors, white shaker cabinets, grey quartz counters, subway tile backsplashes, stainless steel appliances, carpet in bedrooms, bathroom floor tile and wall tile, bathtubs, paint and fixtures throughout. The exterior remodel features new: paint, siding, railings, light fixtures, garage doors, landscaping, windows, doors, copper plumbing and a new roof. The property includes ample green space, on-site laundry and (6) one-car private garages. 2105 Marshallfield offers a stable, secure, turnkey investment property. PLEASE DO NOT DISTURB TENANTS. Sale is not contingent on Seller finding a suitable upleg property.

Last Agent to Sell the Property

Steffan Braunlich

Berkadia License #01859098 Listed on: 03/05/2015

Co-Listed By

Bryan Bohlinger

License #01522061

Last Buyer's Agent

Michael Wright

License #01377035

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,252

Year Built

  • Built in 1965

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex

Interior Spaces

  • 3,458 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Additional Features

  • 7,503 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4156-030-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,252

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3458
  • Stories: 1
  • Year Built: 1965
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 549.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 1 Car
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 71777
  • Assessed Land Value: 42176
  • Assessor Parcel Number: 4156-030-014
  • Geocode Override: No
  • Lot Size Area: 7503

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.35
  • Number Of Units: 4
  • Rent Control: 0
  • Total Annual Expense: 32111
  • Type Of Units: fourplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2015
Closed on
Oct 21, 2015
Sold by
179O5 Crenshaw Llc
Bought by
Circle Drive Investors Llc
Seller's Agent
Steffan Braunlich
Berkadia
Buyer's Agent
Michael Wright
List Price
$1,875,000
Sold Price
$1,875,000
Total Days on Market
217
Current Estimated Value
$2,427,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,635
Avg. Annual Appreciation
3.72%
Original Mortgage
$1,218,750
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2014
Sold by
E & D Lewis Properties Llc
Bought by
17905 Crenshaw Llc and Ccm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,070,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2000
Sold by
Lewis Edward Tr Edward Lewis Trust
Bought by
E & D Lewis Properties Llc
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 Type Sale Price Title Company
Grant Deed $1,875,000 Fatcola
Grant Deed $8,900,000 First American Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,218,750 Adjustable Rate Mortgage/ARM
Previous Owner $3,070,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2018 08/22/18 Rented $2,895 0.0% --
08/18/2018 08/18/18 For Rent $2,895 +26.1% --
02/15/2016 02/15/16 Rented $2,295 0.0% --
12/28/2015 12/28/15 For Rent $2,295 0.0% --
12/10/2015 12/10/15 Sold $1,875,000 0.0% $542 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $1,875,000 -- $542 / Sq Ft
Source: The MLS

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 $25,252 $2,176,092 $1,363,685 $812,407
2023 $24,784 $2,133,425 $1,336,947 $796,478
2022 $24,452 $2,091,594 $1,310,733 $780,861
2021 $23,873 $2,050,583 $1,285,033 $765,550
2019 $23,414 $1,989,764 $1,246,919 $742,845
2018 $22,814 $1,950,750 $1,222,470 $728,280
2016 $22,105 $1,875,000 $1,175,000 $700,000
2015 $15,276 $1,270,000 $820,000 $450,000
2014 $2,439 $113,953 $42,176 $71,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-884395

The MLS

APN: 4156-030-014