NOT LISTED FOR SALE

Estimated Value: $2,325,000 - $2,967,407

9 Beds
8 Baths
4,663 Sq Ft
$570/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $1,985,000 $426 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $16,603/month

7 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Carpet
  • Washington Elementary School Rated A+
  • Rectangular Lot
  • 1-minute walk to Fulton Playfield

About This Home

As of September 2017

4-UNIT IN NORTH REDONDO! One 3 bdrm/1.75 bath; Three 2 bdrm/1.5 bath units. Laundry hook-ups in each unit. Flat roof with cool, reflective coating. Tile in kitchens and baths. Attached garages with assigned garage parking. Do not disturb tenants. Call for a showing appointment. Subject to inspection.

Last Agent to Sell the Property

Adolph James

Beach City Brokers License #00389293 Listed on: 08/01/2017

Last Buyer's Agent

Esther Ahdoot

Berkshire Hathaway HomeService License #00929557

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,143

Year Built

  • Built in 1972

Lot Details

  • 7,526 Sq Ft Lot
  • Lot Dimensions are 50x150
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Plaster

Interior Spaces

  • 4,663 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Termite Clearance
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 13 / 98
  • Assessor Parcel Number 4159009015

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Water Sewer Expense $2,160
  • New Taxes Expense $25,000
  • Operating Expense $30,885
  • Gross Income $57,600
  • Net Operating Income $26,715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,143

Year Built

Built in 1972

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • CapRate: 1.34
  • Property Attached: Yes
  • Water Sewer Expenses: 2160.00
  • Property Condition: Termite Clearance
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4159009015
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 425.69
  • Window Features: Screens

Exterior Features

  • Foundation: Slab
  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Drywall Walls, Frame, Plaster

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size: 50x150
  • Lot Size Sq Ft: 7526.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 57600.00
  • Gross Multiplier: 34.70
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 26715.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 30885.00
  • Operating Expense Percent: 54.00
  • Rent Control: No
  • Total Actual Rent: 4800.00
  • Total Expenses: 30885.00

Tax Info

  • New Taxes Expense: 25000.00
  • Tax Area: 8060
  • Tax Block: 98
  • Tax Lot: 13
  • Tax Tract Number: Villa
  • Tax Annual Amount: 4143.00
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Aug 23, 2017
Sold by
Wisniewski James E
Bought by
Sadeghi Fatolah and Sadeghi Flora
Seller's Agent
Adolph James
Beach City Brokers
Buyer's Agent
Esther Ahdoot
Berkshire Hathaway HomeService
List Price
$1,999,500
Sold Price
$1,985,000
Premium/Discount to List
-$14,500
-0.73%
Current Estimated Value
$2,657,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,102
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Jul 22, 2015
Sold by
Wisniewski James E
Bought by
Wisniewski James E

Purchase Details

Closed on
Jun 22, 2011
Sold by
Wisniewski Edward P and Wisniewski Anastasia
Bought by
Wisniewski Edward P and Edward P & Anastasia Wisniewski Revocabl

Purchase Details

Closed on
Jul 3, 2002
Sold by
Wisniewski Edward and Wisniewski Annastasia
Bought by
Wisniewski Edward P
Source: Public Records

Range of Values:

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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
Sadeghi Fatolah $1,985,000 Fidelity National Title Co
Wisniewski James E -- None Available
Wisniewski Edward P -- None Available
Wisniewski Edward P -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2017 09/20/17 Sold $1,985,000 -0.7% $426 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $1,999,500 -- $429 / 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 $25,831 $2,258,586 $1,462,108 $796,478
2024 $25,831 $2,214,301 $1,433,440 $780,861
2023 $25,356 $2,170,884 $1,405,334 $765,550
2022 $25,016 $2,128,319 $1,377,779 $750,540
2021 $24,419 $2,086,588 $1,350,764 $735,824
2019 $23,951 $2,024,700 $1,310,700 $714,000
2018 $23,318 $1,985,000 $1,285,000 $700,000
2016 $4,143 $257,748 $64,873 $192,875
2015 $4,076 $253,877 $63,899 $189,978
2014 $4,054 $248,905 $62,648 $186,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17148012

California Regional Multiple Listing Service (CRMLS)

APN: 4159-009-015