NOT LISTED FOR SALE

218 Ruby St Redondo Beach, CA 90277

Estimated Value: $1,712,000 - $2,131,245

4 Beds
2 Baths
1,800 Sq Ft
$1,051/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $1,505,000 $836 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,553/month

109 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Corner Lot
  • Alta Vista Elementary School Rated A+
  • Spanish Architecture
  • No HOA

About This Home

As of December 2021

218 Ruby Street represents a rare opportunity for investors or developers to purchase a RBR-3A zoned duplex on a corner lot. This prime location is both west of PCH and south of Torrance Blvd and just 2 short blocks to the beach. Located on a tree lined street with charming craftsman bungalows nearby, the existing duplex is two 2 bedroom, 1 bath units - one up and one down. For the eager investor, there is a great opportunity to upgrade the units and capture up to 46% upside in gross rents. The lot usage of existing improvements leaves plenty of room to explore options to add more square footage or a potential ADU on the property. Buyers will want to check with the city of Redondo Beach for potential redevelopment of larger units on this perfectly located corner lot property. Please do NOT disturb the tenants or walk the property. See agent comments for additional information and supplements.

Last Agent to Sell the Property

Kyle Daniels

Vista Sotheby’s International Realty License #01843670 Listed on: 07/19/2021

Vista Sotheby’s International Realty

Last Buyer's Agent

Kyle Daniels

Vista Sotheby’s International Realty License #01843670 Listed on: 07/19/2021

Vista Sotheby’s International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,672

Year Built

  • Built in 1949

Lot Details

  • 5,359 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot

Home Design

  • 1,800 Sq Ft Home
  • Duplex
  • Spanish Architecture
  • Fixer Upper
  • Flat Roof Shape

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 3797
  • Assessor Parcel Number 7508010012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,672

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: RBR-3A
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7508010012
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1800.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 836.11
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5359.00
  • Lot Size Acres: 0.1230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5359.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 6213.24
  • Tax Lot: 14
  • Tax Tract Number: 3797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Nov 10, 2021
Sold by
Jackson-Raab Family Revocable Trust and Jackson Virginia R
Bought by
Williams Revocable Trust and Williams
Seller's Agent
Kyle Daniels
Vista Sotheby’s International Realty
Buyer's Agent
Kyle Daniels
Vista Sotheby’s International Realty
List Price
$1,595,000
Sold Price
$1,505,000
Premium/Discount to List
-$90,000
-5.64%
Current Estimated Value
$1,891,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,061
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Apr 3, 2008
Sold by
Raab Steven and Jackson Virginia
Bought by
Raab Steven and Jackson Virginia R

Purchase Details

Closed on
May 1, 2000
Sold by
Roughen Michael D
Bought by
Raab A Steven and Jackson Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.55%

Purchase Details

Closed on
Jan 27, 1999
Sold by
Legare Steven R and Legare Alice
Bought by
Roughen Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.12%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Buompensiero Kathleen A
Bought by
Legare Steven R and Legare Alice

Purchase Details

Closed on
Apr 17, 1998
Sold by
Roughen Sherry Lee
Bought by
Roughen Michael D

Purchase Details

Closed on
Aug 15, 1997
Sold by
Buompensiero Trust Buompensiero Kathleen A Tr
Bought by
Buompensiero Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.43%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Williams Revocable Trust $1,505,000 Western Resources Title
Raab Steven -- None Available
Raab A Steven $460,000 Lawyers Title Company
Roughen Michael D $380,000 Lawyers Title Company
Legare Steven R -- Lawyers Title
Roughen Michael D -- Lawyers Title Company
Buompensiero Kathleen A -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raab A Steven $400,000
Previous Owner Roughen Michael D $275,000
Previous Owner Buompensiero Kathleen A $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2021 12/10/21 Sold $1,505,000 -5.6% $836 / Sq Ft
11/07/2021 11/07/21 For Sale $1,595,000 +6.0% $886 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
10/13/2021 10/13/21 Off Market $1,505,000 -- --
10/13/2021 10/13/21 For Sale $1,595,000 +6.0% $886 / Sq Ft
09/13/2021 09/13/21 Off Market $1,505,000 -- --
09/10/2021 09/10/21 For Sale $1,595,000 +6.0% $886 / Sq Ft
08/18/2021 08/18/21 Off Market $1,505,000 -- --
08/17/2021 08/17/21 For Sale $1,595,000 +6.0% $886 / Sq Ft
07/30/2021 07/30/21 Off Market $1,505,000 -- --
07/19/2021 07/19/21 For Sale $1,595,000 -- $886 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $18,672 $1,597,118 $1,061,208 $535,910
2024 $18,672 $1,565,802 $1,040,400 $525,402
2023 $18,334 $1,535,100 $1,020,000 $515,100
2022 $18,009 $1,505,000 $1,000,000 $505,000
2021 $8,431 $640,346 $417,621 $222,725
2019 $8,191 $621,355 $405,235 $216,120
2018 $7,938 $609,173 $397,290 $211,883
2016 $7,684 $585,519 $381,863 $203,656
2015 $7,557 $576,725 $376,128 $200,597
2014 $7,453 $565,429 $368,761 $196,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21158111

California Regional Multiple Listing Service (CRMLS)

APN: 7508-010-012