2113 Gates Ave Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated Value: $2,031,000 - $2,473,115
8
Beds
4
Baths
3,636
Sq Ft
$630/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Wall Furnace
- Lincoln Elementary School Rated A+
- Paved or Partially Paved Lot
About This Home
As of April 2021Very Well Maintained 4 unit apartment building, a short 2 blocks from Manhattan Beach.Each unit has it's own laundry.
Property is walking distance to the park and school, and close to FWY,Shopping and Beach. Rents are lower then the market rent.
2 of the 3 Bedrooms 1 bath are upstairs are spacious with high ceiling laundry area is in the kitchen, counter tops appear to be granite.
the 2 bedroom 1 bath down stairs is spacious and was remodeled recently, One of the bedrooms is a converted garage.unit has a great size yard that is good for kids or a dog. All units have newer windows.
Front house is a 3 bedrooms 2 bath in good condition, it has a nice yard. there are total of 5 garages, each unit has one garage parking and the 5th garage is being used by the current owner. All income and expense to be verified during escrow.
Last Agent to Sell the Property
Estate Properties License #00996145 Listed on: 02/23/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,946
Year Built
- Built in 1948
Lot Details
- 7,501 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
Parking
- 4 Car Garage
Home Design
- 3,636 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 4155007019
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $180
- Insurance Expense $1,893
- Maintenance Expense $318
- Professional Management Expense $8,109
- Trash Expense $1,282
- Water Sewer Expense $1,641
- New Taxes Expense $25,000
- Operating Expense $4,031
- Gross Income $109,800
- Net Operating Income $80,949
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2021
Closed on
Mar 8, 2021
Sold by
2011 Ryan Dean Humphreys Trust
Bought by
Hofeller Jonathan E and Hofeller Julia
Seller's Agent
Nadra Dahdah
Estate Properties
Buyer's Agent
Christina Kaminsky-Phillips
Strand Hill Properties
List Price
$1,999,999
Sold Price
$2,021,000
Premium/Discount to List
$21,001
1.05%
Total Days on Market
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,279
Avg. Annual Appreciation
2.20%
Original Mortgage
$1,515,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 8, 2011
Sold by
Humphreys Ryan Dean
Bought by
Humphreys Ryan Dean and 2011 Ryan Dean Humphreys Trust
Purchase Details
Closed on
Nov 15, 2001
Sold by
Jeanette P Townsend Revocable Living Tr
Bought by
Humphreys Ronald
Purchase Details
Closed on
Mar 27, 2001
Sold by
Townsend Jeanette P
Bought by
Jeanette P Townsend Revocable Living Tr
Similar Homes in Redondo Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hofeller Jonathan E | $2,021,000 | Chicago Title Company | |
| Humphreys Ryan Dean | -- | None Available | |
| Humphreys Ryan Dean | -- | None Available | |
| Humphreys Ronald | -- | -- | |
| Jeanette P Townsend Revocable Living Tr | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hofeller Jonathan E | $1,515,000 | |
| Previous Owner | Humphreys Ronald | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2021 04/30/21 | Sold | $2,021,000 | +1.1% | $556 / Sq Ft |
| 04/28/2021 04/28/21 | Price Changed | $1,999,999 | 0.0% | $550 / Sq Ft |
| 04/28/2021 04/28/21 | For Sale | $1,999,999 | 0.0% | $550 / Sq Ft |
| 04/27/2021 04/27/21 | Price Changed | $1,999,999 | 0.0% | $550 / Sq Ft |
| 04/27/2021 04/27/21 | For Sale | $1,999,999 | 0.0% | $550 / Sq Ft |
| 03/21/2021 03/21/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | For Sale | $1,999,999 | -1.0% | $550 / Sq Ft |
| 02/28/2021 02/28/21 | Off Market | $2,021,000 | -- | -- |
| 02/23/2021 02/23/21 | For Sale | $1,999,999 | -- | $550 / 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 |
|---|---|---|---|---|
| 2024 | $24,946 | $2,144,700 | $1,485,691 | $659,009 |
| 2023 | $24,486 | $2,102,648 | $1,456,560 | $646,088 |
| 2022 | $26,179 | $2,061,420 | $1,428,000 | $633,420 |
| 2021 | $2,844 | $132,224 | $54,108 | $78,116 |
| 2020 | $2,842 | $130,870 | $53,554 | $77,316 |
| 2019 | $2,801 | $128,304 | $52,504 | $75,800 |
| 2018 | $2,630 | $125,789 | $51,475 | $74,314 |
| 2016 | $2,467 | $120,906 | $49,477 | $71,429 |
| 2015 | $2,429 | $119,091 | $48,734 | $70,357 |
| 2014 | $2,430 | $116,759 | $47,780 | $68,979 |
Source: Public Records
Agents Affiliated with this Home
-
Nadra Dahdah
Seller's Agent in 2021
Nadra Dahdah
RE/MAX
(310) 569-8226
4 in this area
25 Total Sales
-
Christina Kaminsky-Phillips
Buyer's Agent in 2021
Christina Kaminsky-Phillips
Strand Hill Properties
(310) 873-8462
3 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21033979
APN: 4155-007-019
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