NOT LISTED FOR SALE

Estimated Value: $1,483,000 - $1,923,367

5 Beds
3 Baths
1,970 Sq Ft
$856/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $1,210,000 $614 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,995/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Rear Porch
  • Built-In Features
  • Lincoln Elementary School Rated A+
  • 3 Car Attached Garage
  • 5-minute walk to Anderson Park

About This Home

As of October 2020

Fantastic opportunity to own A duplex in a very Desirable location in Redondo Beach. Zoned R2 LOT with lots of potential. The property offers a front unit w/ 2bed & 1 Bath 756 sqft & Back unit w/ 3bed & 2 Baths 1214 SqFt. Conveniently located near shops, SB Galleria, LAX, Close to 405 FWY & ONLY 1.5 miles away from the beach. Very attractive neighborhood. Highly ranked Unified school district. Property to be sold AS-IS. Offers subject to interior inspection. Don't miss it!

Last Agent to Sell the Property

Heba Abulazm

Real Estate Source, Inc. License #01391926 Listed on: 08/28/2020

Real Estate Source, Inc.

Last Buyer's Agent

Heba Abulazm

Real Estate Source, Inc. License #01391926 Listed on: 08/28/2020

Real Estate Source, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,499 Sq Ft Lot
  • South Facing Home

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,970 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Washer

Outdoor Features

  • Rear Porch

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV, trash collection
  • The owner pays for water, gardener
  • Assessor Parcel Number 4150-001-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,499 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1970
  • Lot Acreage: 0.1492
  • Price Per Unit: 644950.00
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 1
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 1
  • Flooring: Laminate, Carpet, Tile
  • Appliances: Oven-Gas
  • Bedrooms: 5
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Kitchen Features: Tile Counters
  • Laundry: Garage
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Dishwasher, Electric Dryer Hookup, Microwave, Gas Dryer Hookup, Garbage Disposal, Built-Ins, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 654.77

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Structures: None
  • Number Patio: 1
  • Patio: Porch - Rear
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3
  • Garage Structures: 2
  • Parking Garage: Garage - 2 Car, Garage - 1 Car, Garage Is Attached
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Cooling: Ceiling Fan
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Security: Smoke Detector
  • Water: Public
  • Water Expense: 50.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1559.00
  • Maintenance Expense: 75.00
  • Trash Expense: 50.00

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 306000
  • Assessed Land Percent: 70
  • Assessed Land Value: 714000
  • Total Assessed Value: 1020000
  • Assessor Parcel Number: 4150-001-021
  • Lot Size Area: 6499

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Water, Gardener
  • Rent Control: No
  • Tenant Pays: Gas, Electricity, Cable TV, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.19
  • Number Of Units: 2
  • Type Of Units: Duplex

Tax Info

  • Tax Expense: 12883.00

MLS Schools

  • School District: Redondo Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2022
Sold by
Aboseif and Mona
Bought by
South Bay Investment Group Llc
Current Estimated Value
$1,686,592

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 6, 2020
Sold by
Abouelata Wesam and Abouelata Sabah
Bought by
Aboseif Sherif and Aboseif Mona
Seller's Agent
Heba Abulazm
Real Estate Source, Inc.
Buyer's Agent
Heba Abulazm
Real Estate Source, Inc.
List Price
$1,289,900
Sold Price
$1,210,000
Premium/Discount to List
-$79,900
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Feb 8, 2018
Sold by
Panick Myra E
Bought by
Chesney Ronna M

Purchase Details

Closed on
Oct 6, 2015
Sold by
Garcia Hugo and Garcia Josefina
Bought by
Sabah Abouelata Wesam and Sabah Hashalh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,300
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2006
Sold by
Zreik Sammy and Kooshki Kamiar
Bought by
Garcia Hugo and Garcia Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2005
Sold by
Saito Suzanne
Bought by
Zreik Sammy and Kooshki Kamiar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,400
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1998
Sold by
Holmes Ralph L and Holmes Paula S
Bought by
Saito Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
South Bay Investment Group Llc -- --
Aboseif Sherif $1,210,000 Usa National Title Co
Chesney Ronna M -- None Available
Sabah Abouelata Wesam $1,000,000 Usa National Title Company
Garcia Hugo $928,000 Progressive Title Company
Zreik Sammy $818,000 Southland Title
Saito Suzanne $320,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sabah Abouelata Wesam $699,300
Previous Owner Garcia Hugo $696,000
Previous Owner Zreik Sammy $654,400
Previous Owner Saito Suzanne $388,000
Closed Zreik Sammy $81,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2020 10/09/20 Sold $1,210,000 -6.2% $614 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $1,289,900 +29.0% $655 / Sq Ft
12/16/2015 12/16/15 Sold $1,000,000 +0.1% $505 / Sq Ft View Prior Sale
09/17/2015 09/17/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $999,000 -- $505 / Sq Ft
Source: The MLS

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 $15,689 $1,309,741 $865,945 $443,796
2024 $15,689 $1,284,061 $848,966 $435,095
2023 $15,407 $1,258,884 $832,320 $426,564
2022 $15,118 $1,234,200 $816,000 $418,200
2021 $14,705 $1,210,000 $800,000 $410,000
2020 $13,397 $1,082,430 $757,701 $324,729
2019 $13,087 $1,061,207 $742,845 $318,362
2018 $12,677 $1,040,400 $728,280 $312,120
2016 $12,274 $1,000,000 $700,000 $300,000
2015 $12,529 $1,034,503 $978,769 $55,734
2014 $12,344 $1,014,240 $959,597 $54,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-624850

The MLS

APN: 4150-001-021

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