Seller's Agent in 2018
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
5 in this area
89 Total Sales
2211 Grant Ave Redondo Beach, CA 90278
North Redondo Beach Neighborhood
12
Beds
12
Baths
6,720
Sq Ft
1972
Built
Highlights
- Laundry Room
- 12 Car Garage
- 2-minute walk to Perry Park
- Birney Elementary School Rated A+
About This Home
As of October 2018We are pleased to present this beautiful 6-Unit apartment building in Redondo Beach. Located less than 10 minutes from the ocean, this property
boasts 1972 construction and features six large 2-bedroom/2-bathroom units with their own private 2-car garages. With great in-place income and
significant upside rent potential, this is an excellent opportunity for an investor to come in and make some minor upgrades and command top of the market rents. Each unit features approximately 1,120 SF of total living area with an open living room/kitchen layout and large walk-in closets. Four of the units have been updated with laminate flooring and other general upgrades. One unit has been remodeled. One untouched unit.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01981597 Listed on: 08/27/2018
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #01981597 Listed on: 08/27/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 7,503 Sq Ft Lot
- Two or More Common Walls
Parking
- 12 Car Garage
- Parking Available
Home Design
- 6,720 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Additional Features
- Laundry Room
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 6206
- Assessor Parcel Number 4157013018
Community Details
Building Details
- 6 Separate Electric Meters
- 1 Separate Gas Meter
- 6 Separate Water Meters
- Electric Expense $1,500
- Fuel Expense $500
- Insurance Expense $2,352
- Maintenance Expense $4,813
- Professional Management Expense $6,533
- Trash Expense $2,000
- Water Sewer Expense $2,000
- New Taxes Expense $35,482
- Operating Expense $55,180
- Gross Income $155,627
- Net Operating Income $100,447
Additional Features
- 6 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2018 10/17/18 | Sold | $2,850,000 | -5.0% | $424 / Sq Ft |
| 09/11/2018 09/11/18 | Pending | -- | -- | -- |
| 08/27/2018 08/27/18 | For Sale | $3,000,000 | -- | $446 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Johnnie Stiegler
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18208975
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