Seller's Agent in 2023
Nancy Bush
Lyon Stahl Investment Real Estate, Inc.
(310) 849-9210
6 in this area
18 Total Sales
2107 Pullman Ln Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated Value: $2,021,000 - $2,562,000
9
Beds
5
Baths
3,515
Sq Ft
$636/Sq Ft
Est. Value
Highlights
- Property is near a park
- Traditional Architecture
- No HOA
- Jefferson Elementary School Rated A+
- Granite Countertops
- 4-minute walk to Gregg Parkette
About This Home
As of December 2023We are pleased to present an excellent investor or owner user opportunity. This 4-unit multifamily property is in a highly desirable Redondo Beach location just minutes to the Beach and nearby major employers, popular shopping centers, trendy restaurants, lively entertainment, neighborhood parks, transportation, and award-winning Redondo Beach schools. The property is comprised of a recently remodeled 3 -Bedroom/2-Bathroom with fenced front yard and three 2-Bedroom/1-Bathroom units. There are six-1-car garages, along with an attached storage room, presenting a prime opportunity for an ADU conversion (buyer to verify). Additional room to park 4 vehicles on the property without blocking the driveway or garages. The property features copper plumbing, a newer roof, and vinyl windows. The 3-Bedroom/2-Bath has recently been remodeled. One of the 2-Bedroom/1-Bath units was remodeled in 2022. These two remodeled units feature vinyl plank flooring, tiled showers, new cabinetry, new quartz counters, smooth ceilings, and recessed lighting. Strong rental location with upside in the rents. The tenants are on month-to-month agreements. Community laundry room with 2 washers / 2 dryers (machines are owned). Subject only to California AB 1482. Zip code 90278 received an overall A+ Grade per Niche.com along with ranking #47 of 1,211 as the Best Zip Code to Live in California.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #00962565 Listed on: 07/26/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 7,501 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Parking
- 6 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Side Facing Garage
- Single Garage Door
Home Design
- Traditional Architecture
- Apartment
- Cosmetic Repairs Needed
- Frame Construction
- Shingle Roof
- Stucco
Interior Spaces
- 3,515 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Laundry Room
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Quartz Countertops
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Property is near public transit
Utilities
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 16 / 84
- Tax Tract Number 620
- Assessor Parcel Number 4159002016
- $3,077 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Park
- Dog Park
- Bike Trail
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,920
- Insurance Expense $2,812
- Maintenance Expense $3,000
- Other Expense $5,434
- New Taxes Expense $22,078
- Operating Expense $41,659
- Gross Income $128,298
- Net Operating Income $82,791
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 15, 2006
Sold by
Pethley Lowell S and Pethley Agnes L
Bought by
Pethley Lowell S and Lowell S Pethley Declaration Of Trust
Current Estimated Value
Purchase Details
Closed on
Oct 9, 2002
Sold by
Lowell S Pethley Declaration Of Trust and Agnes L Pethley Declaration Of Trust
Bought by
President Pullman Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pethley Lowell S | -- | None Available | |
| President Pullman Llc | $2,150,000 | First American Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/22/2023 12/22/23 | Sold | $2,150,000 | +7.8% | $612 / Sq Ft |
| 11/10/2023 11/10/23 | Pending | -- | -- | -- |
| 11/01/2023 11/01/23 | For Sale | $1,995,000 | -7.2% | $568 / Sq Ft |
| 07/28/2023 07/28/23 | Off Market | $2,150,000 | -- | -- |
| 07/26/2023 07/26/23 | For Sale | $1,995,000 | -- | $568 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $25,006 | $2,193,000 | $1,535,100 | $657,900 |
| 2024 | $25,006 | $2,150,000 | $1,505,000 | $645,000 |
| 2023 | $6,337 | $448,057 | $173,854 | $274,203 |
| 2022 | $6,258 | $439,273 | $170,446 | $268,827 |
| 2021 | $6,124 | $430,660 | $167,104 | $263,556 |
| 2019 | $6,017 | $417,889 | $162,149 | $255,740 |
| 2018 | $5,765 | $409,696 | $158,970 | $250,726 |
| 2016 | $5,559 | $393,789 | $152,798 | $240,991 |
| 2015 | $5,463 | $387,875 | $150,503 | $237,372 |
| 2014 | $5,419 | $380,278 | $147,555 | $232,723 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Bush
-
Mike McKinney
Seller Co-Listing Agent in 2023
Mike McKinney
Lyon Stahl Investment Real Estate, Inc.
(310) 880-2900
6 in this area
18 Total Sales
-
Noam Srolovitz
N
Buyer's Agent in 2023
Noam Srolovitz
Kape Property Management, Inc.
(908) 227-5950
5 in this area
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23138246
APN: 4159-002-016
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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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