M
Seller's Agent in 2012
Megan Neel
RE/MAX
218 Avenue H Redondo Beach, CA 90277
Estimated Value: $2,278,000 - $4,077,118
6
Beds
4
Baths
2,473
Sq Ft
$1,266/Sq Ft
Est. Value
About This Home
As of December 2012Just Reduced! Only a short 1 1/2 blocks to the beach and Riviera Village, this prime 4 unit property is ideally located for tenants and/or future development. Walk to surf, shops, and restaurants for easy beach living from these recently renovated units. Two 2 BR, 1 BA units, Two 1BR, 1BA units, plus a three car garage, additional parking slab and huge grass yard on the large flat lot. All interiors feature newer granite slab counters, cabinets, flooring, and fixtures. The rear 2BR unit is located above the detached garage off the alley. Plenty of parking, too - compare to Manhattan or Hermosa Beach and this is the best beach value by far! Check with city for development potential.
Last Agent to Sell the Property
Megan Neel
Estate Properties License #00862081 Listed on: 08/28/2012
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,564
Year Built
- Built in 1949
Lot Details
- 7,758
Parking
- 3 Car Garage
Home Design
- 2,473 Sq Ft Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- 7,758 Sq Ft Lot
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Tax Lot 38
- Tax Tract Number 2546
- Assessor Parcel Number 7511007031
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $1,882
- Trash Expense $480
- Water Sewer Expense $1,338
- New Taxes Expense $23,000
- Gross Income $6,875
- Net Operating Income $76,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2012
Closed on
Oct 26, 2012
Sold by
Krikorian George and The Krikorian Family Trust
Bought by
Rtv Llc
Seller's Agent
Megan Neel
Estate Properties
Buyer's Agent
Vidya Naik
Estate Properties
List Price
$1,795,000
Sold Price
$1,625,000
Premium/Discount to List
-$170,000
-9.47%
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
$1,626,514
Avg. Annual Appreciation
4.75%
Purchase Details
Closed on
Oct 7, 2004
Sold by
Krikorian George
Bought by
Krikorian George and Krikorian Family Trust
Purchase Details
Closed on
Apr 2, 2002
Sold by
Krikorian George
Bought by
Krikorian George
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,150
Interest Rate
6.78%
Purchase Details
Closed on
Jul 15, 1996
Sold by
Krikorian Claudia
Bought by
Krikorian George
Purchase Details
Closed on
Jul 7, 1994
Sold by
Mcglothlin James L and Mcglothlin Virginia O
Bought by
Krikorian George and Krikorian Claudia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.05%
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 |
|---|---|---|---|
| Rtv Llc | $1,625,000 | Chicago Title Company | |
| Krikorian George | -- | -- | |
| Krikorian George | -- | Lawyers Title Company | |
| Krikorian George | -- | -- | |
| Krikorian George | $420,000 | World Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kirkorian George | $1,250,000 | |
| Previous Owner | Krikorian George | $620,500 | |
| Previous Owner | Krikorian George | $578,150 | |
| Previous Owner | Krikorian George | $336,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2012 12/07/12 | Sold | $1,625,000 | -9.5% | $657 / Sq Ft |
| 10/20/2012 10/20/12 | Pending | -- | -- | -- |
| 08/28/2012 08/28/12 | For Sale | $1,795,000 | -- | $726 / 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 | $22,564 | $2,001,061 | $1,723,996 | $277,065 |
| 2024 | $22,564 | $1,961,826 | $1,690,193 | $271,633 |
| 2023 | $22,152 | $1,923,359 | $1,657,052 | $266,307 |
| 2022 | $21,862 | $1,885,647 | $1,624,561 | $261,086 |
| 2021 | $21,502 | $1,848,674 | $1,592,707 | $255,967 |
| 2020 | $21,534 | $1,829,719 | $1,576,376 | $253,343 |
| 2019 | $21,093 | $1,793,843 | $1,545,467 | $248,376 |
| 2018 | $20,555 | $1,758,670 | $1,515,164 | $243,506 |
| 2016 | $19,917 | $1,690,380 | $1,456,329 | $234,051 |
| 2015 | $19,552 | $1,664,990 | $1,434,454 | $230,536 |
| 2014 | $19,302 | $1,632,377 | $1,406,356 | $226,021 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2012
Vidya Naik
RE/MAX
(310) 704-7873
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: V12107955
APN: 7511-007-031
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