NOT LISTED FOR SALE

Estimated Value: $2,250,000

5 Beds
3 Baths
1,960 Sq Ft
$1,148/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $1,750,000 $893 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $13,498/month

11 Days on Market

Highlights

  • Property is near park
  • Traditional Architecture
  • Private Yard
  • Lincoln Elementary School Rated A+
  • Main Floor Bedroom
  • 3-minute walk to Anderson Park

About This Home

As of July 2022

Renovator/Contractors dream! This is an AMAZING opportunity to own and rebuild or renovate this property in charming Redondo Beach. Close to a community park, shopping and easy freeway access!
Built in 1952, currently this large lot has 2 single story homes and garages for 3 cars. Cozy patio nestled between the front house and garages.
The front home is a 3 bedroom + 2- 3/4 baths and large dining room. Approximately 1400 square foot home has a beautifully landscaped and maintained front yard with lawn and tropical flowering plants.
The back home is a 2 bedroom, 1 bath approximately 1,000 square feet. This home has a spacious private fenced, landscaped back yard with pavers and an avocado tree!
The long driveway accommodates additional parking spaces!
Trending in this area of Redondo is rebuilding larger units as the property is zoned RBR-2, possibly more with the new legislation regarding the California Housing Crisis and rezoning laws.

Last Agent to Sell the Property

Carol Kemp

Carol Kemp, Broker License #01314336 Listed on: 04/16/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,451 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Value in Land

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Driveway Level
  • On-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Room
  • Neighborhood Views
  • Window Bars

Kitchen

  • Gas Oven
  • Microwave

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Concrete Porch or Patio
  • Two Homes on a Lot
  • Property is near park

Listing and Financial Details

  • Legal Lot and Block 13 / 28
  • Assessor Parcel Number 4150016070
  • $1,400 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Window Bars
  • View: Yes
  • Zoning: RBR-2
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4150016070
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1960.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 892.86
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Main Floor Bedroom
  • Bathroom Features: Shower, Exhaust Fan(s)

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Patio, Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking Features: Driveway, Concrete, Driveway Level, Garage, Street, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Microwave, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Value In Land, Yard
  • Lot Size Sq Ft: 7451.00
  • Lot Size Acres: 0.1711
  • Latitude Manual: 33.88465400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7451.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 28
  • Tax Census Tract: 6205.01
  • Tax Lot: 13
  • Tax Tract Number: B
  • TaxOtherAnnualAssessmentAmount: 1400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
Jul 12, 2022
Sold by
Galbert Revocable Trust
Bought by
Mal Bataan Llc
Seller's Agent
Carol Kemp
Carol Kemp, Broker
List Price
$1,800,000
Sold Price
$1,750,000
Premium/Discount to List
-$50,000
-2.78%
Current Estimated Value
$2,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,000

Purchase Details

Closed on
Aug 13, 2016
Sold by
Ishlkawa Alan T and Ishikawa Kathleen Mckay
Bought by
City Of Redondo Beach
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
Mal Bataan Llc -- Accommodation/Courtesy Recordi
City Of Redondo Beach -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $1,750,000 -2.8% $893 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/16/2022 04/16/22 For Sale $1,800,000 -- $918 / 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
2023 $20,512 $1,750,000 $1,100,000 $650,000
2022 $4,865 $311,794 $169,027 $142,767
2021 $4,702 $305,681 $165,713 $139,968
2020 $4,657 $302,547 $164,014 $138,533
2019 $4,532 $296,616 $160,799 $135,817
2018 $4,276 $290,801 $157,647 $133,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22077390

California Regional Multiple Listing Service (CRMLS)

APN: 4150-016-070