Seller's Agent in 2023
Nancy Bush
Lyon Stahl Investment Real Estate, Inc.
(310) 849-9210
6 in this area
17 Total Sales
2120 Huntington Ln Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated Value: $1,779,240 - $2,036,000
6
Beds
3
Baths
2,828
Sq Ft
$662/Sq Ft
Est. Value
Highlights
- Property is near a park
- Traditional Architecture
- Double Pane Windows
- Birney Elementary School Rated A+
- Quartz Countertops
- 4-minute walk to Perry Park
About This Home
As of May 2023We are pleased to present an excellent investor or owner user opportunity. This 3-unit multifamily property is in a highly desirable Redondo Beach location just 10-minutes from the Beach. Nearby to major employers, popular shopping centers, trendy restaurants, lively entertainment, neighborhood parks, award winning schools, and transportation. This property is comprised of a front single-story 2 -Bedroom/1-Bathroom home with front yard and 1-car garage and two 2-Bedroom/1-Bathroom units, each with a 1-car garage. The property qualifies for residential financing. Redondo Beach has no City Rent Control. There are 5-1-car garages which may present the opportunity for conversion to an ADU, Buyer to verify. The two 2-Bedroom/1-Bath units have had an interior remodeled including being repiped with PEX piping. The front home received an interior update one year ago. All three units have new vinyl windows. The Seller had a pre-listing inspection performed. Please email to request a copy of the inspection report. The property is being sold “As-Is”. Offer subject to inspection. Drive by only, please do not disturb the tenants. Thank you.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #00962565 Listed on: 02/24/2023
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #00962565 Listed on: 02/24/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,263
Year Built
- Built in 1967 | Remodeled
Lot Details
- 7,472 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Landscaped
- Sprinkler System
- Back and Front Yard
Parking
- 5 Car Garage
- 3 Open Parking Spaces
- Parking Available
- Side Facing Garage
- Driveway Up Slope From Street
Home Design
- Triplex
- Traditional Architecture
- Cosmetic Repairs Needed
- Combination Foundation
- Raised Foundation
- Slab Foundation
- Shingle Roof
- Mixed Roof Materials
- Rolled or Hot Mop Roof
- Stucco
Interior Spaces
- 2,828 Sq Ft Home
- Built-In Features
- Crown Molding
- Double Pane Windows
Kitchen
- Electric Oven
- Gas and Electric Range
- Free-Standing Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Suburban Location
Utilities
- Heating System Uses Natural Gas
- Radiant Heating System
- Overhead Utilities
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 2 / 56
- Assessor Parcel Number 4156024002
- $2,198 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 1 Separate Gas Meter
- 3 Separate Water Meters
- Gardener Expense $1,320
- Insurance Expense $1,414
- Maintenance Expense $2,400
- Other Expense $2,198
- Water Sewer Expense $1,320
- New Taxes Expense $19,313
- Operating Expense $27,964
- Gross Income $91,920
- Net Operating Income $61,198
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 13, 2024
Sold by
Dhingra Ramesh and Dhingra Jayshree H
Bought by
Huntington Lane Llc
Current Estimated Value
Purchase Details
Listed on
Feb 24, 2023
Closed on
Apr 10, 2023
Sold by
Donald R Pethley Family Trust
Bought by
Dhingra Ramesh and Dhingra Jayshree H
Seller's Agent
Nancy Bush
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Nancy Bush
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,750,000
Sold Price
$1,600,000
Premium/Discount to List
-$150,000
-8.57%
Views
72
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Purchase Details
Closed on
Oct 9, 2018
Sold by
Pethley Lowell S and Pethley Agnes L
Bought by
Pethley Donald R and Donald R Pethley Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 3, 2018
Sold by
Pethley Donald R and Donald A Pethley Family Trust
Bought by
Pethley Lowell S and Pethley Agnes J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 15, 2006
Sold by
Pethley Donald R and Pethley Lowell S
Bought by
Pethley Donald R and Donald R Pethley Family Trust
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 |
|---|---|---|---|
| Huntington Lane Llc | -- | First American Title | |
| Dhingra Ramesh | $1,600,000 | First American Title | |
| Pethley Donald R | -- | Accommodation | |
| Pethley Lowell S | -- | Progressive Title Company | |
| Pethley Donald R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pethley Lowell S | $825,000 | |
| Previous Owner | Pethley Donald R | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $1,600,000 | -8.6% | $566 / Sq Ft |
| 03/09/2023 03/09/23 | Pending | -- | -- | -- |
| 02/24/2023 02/24/23 | For Sale | $1,750,000 | -- | $619 / 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 | $20,263 | $1,664,640 | $1,144,440 | $520,200 |
| 2024 | $20,263 | $1,632,000 | $1,122,000 | $510,000 |
| 2023 | $13,265 | $995,264 | $628,960 | $366,304 |
| 2022 | $6,637 | $402,233 | $211,173 | $191,060 |
| 2021 | $6,415 | $394,347 | $207,033 | $187,314 |
| 2019 | $6,176 | $382,653 | $200,894 | $181,759 |
| 2018 | $5,868 | $375,151 | $196,955 | $178,196 |
| 2016 | $5,654 | $360,585 | $189,308 | $171,277 |
| 2015 | $5,569 | $355,170 | $186,465 | $168,705 |
| 2014 | $5,492 | $348,214 | $182,813 | $165,401 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2023
Mike McKinney
Lyon Stahl Investment Real Estate, Inc.
(310) 880-2900
6 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23031985
APN: 4156-024-002
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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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