H
Seller's Agent in 2018
Heidi Ludwig
Redfin Corporation
2215 Mathews Ave Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated Value: $1,908,000 - $2,590,000
8
Beds
4
Baths
3,480
Sq Ft
$679/Sq Ft
Est. Value
About This Home
As of March 2018Perfect for the Owner-Occupier or Investor!!! Super charming 4-Plex in the heart of North Redondo....walking distance to shops and restaurants and across the street from a large parking lot to help with neighborhood parking overflow. On a quiet one-way street with easy access to Redondo, Hermosa, Manhattan, and freeways for your commute. Let's not forget about the Award Winning Redondo Beach School District helping to boost those rents up!
Well kept and cared for complex with 2 large 2 car garages and a wide driveway so every unit gets a spot in the garage and a spot in the driveway. This single building quadplex boasts a large enclosed yard for pets or outdoor entertaining and cook outs. Two of the units have laundry hookups and 3 out of 4 units have been completely and tastefully remodeled. It's an R3 zoned 50x150 lot.
Great income potential here....do not miss out! PLEASE DRIVE BY ONLY....DO NOT WALK THE PROPERTY OR DISTURB ANY OF THE TENANTS.
Unit #1: 2 bed/1 bath...Actual rent: $1,895/mo. Pro Forma Rent: $2,100/mo.
Unit #2: 2 bed/1 bath...Actual rent: $2,100/mo. Pro Forma Rent: $2,100/mo.
Unit #3: 2 bed/1 bath...Actual rent: $1,700/mo. Pro Forma Rent: $2,000/mo.
Unit #4: 2 bed/1 bath...Actual rent: $1,625/mo. Pro Forma Rent: $2,000/mo.
Last Agent to Sell the Property
Heidi Ludwig
Redfin Corporation License #01400091 Listed on: 03/08/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 7,498 Sq Ft Lot
- 1 Common Wall
- Back Yard
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- 3,480 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 24
- Assessor Parcel Number 4155025024
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gardener Expense $840
- Insurance Expense $1,056
- Trash Expense $984
- Water Sewer Expense $1,450
- New Taxes Expense $13,365
- Operating Expense $17,695
- Gross Income $87,840
- Net Operating Income $70,145
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2017
Closed on
Feb 9, 2018
Sold by
Micco Paul
Bought by
Kong Wayne and Fong Florence
Seller's Agent
Heidi Ludwig
Redfin Corporation
Buyer's Agent
florence fong
Dilbeck Real Estate
List Price
$2,265,000
Sold Price
$1,741,725
Premium/Discount to List
-$523,275
-23.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$621,074
Avg. Annual Appreciation
3.96%
Original Mortgage
$1,250,000
Outstanding Balance
$1,067,274
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,295,525
Purchase Details
Listed on
May 30, 2012
Closed on
Aug 24, 2012
Sold by
Langella Enterprises Lp
Bought by
Micco Paul and Lueckermann Anja
Seller's Agent
Cheryl Fire
Exclusive Realty, Inc.
Buyer's Agent
Amerigo Furlan
If Realty
List Price
$1,099,000
Sold Price
$1,079,500
Premium/Discount to List
-$19,500
-1.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$801,950
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2006
Sold by
Langella Alfred C and Langella Devon
Bought by
Langella Enterprises Lp
Purchase Details
Closed on
Mar 17, 2006
Sold by
Langella Enterprises Lp
Bought by
Langella Alfred C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,850
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 13, 2004
Sold by
Langella Alfred C and Langella Devon A
Bought by
Langella Enterprises Lp
Purchase Details
Closed on
Nov 6, 2003
Sold by
Farr William R and Farr Lynn M
Bought by
Langella Alfred C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,500
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 24, 2003
Sold by
Farr William R
Bought by
Farr William R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,500
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 2003
Sold by
Farr Lynn M
Bought by
Farr William R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,500
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 17, 1996
Sold by
Bankers Trust Company Of California Na
Bought by
Farr William R and Farr Lynn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.01%
Purchase Details
Closed on
Feb 8, 1996
Sold by
Shen Lydia L and Chen William P
Bought by
Bankers Trust Company Of California Na and Rtc Mtg Pass Through Certificates Series
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kong Wayne | $1,742,000 | Usa National Title Company | |
| Micco Paul | $1,079,500 | Usa National Title Co | |
| Langella Enterprises Lp | -- | None Available | |
| Langella Alfred C | -- | Alliance Title Company | |
| Langella Enterprises Lp | -- | -- | |
| Langella Alfred C | -- | -- | |
| Langella Alfred C | $1,010,000 | Fidelity National Title Co | |
| Farr William R | -- | Fidelity National Title Co | |
| Farr William R | -- | Lawyers Title | |
| Farr William R | $310,000 | Southland Title | |
| Bankers Trust Company Of California Na | $301,513 | First Southwestern Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kong Wayne | $1,250,000 | |
| Previous Owner | Micco Paul | $801,950 | |
| Previous Owner | Langella Alfred C | $241,850 | |
| Previous Owner | Langella Alfred C | $757,500 | |
| Previous Owner | Farr William R | $411,000 | |
| Previous Owner | Farr William R | $248,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/22/2018 03/22/18 | Sold | $1,741,725 | -5.9% | $500 / Sq Ft | |
| 02/06/2018 02/06/18 | Pending | -- | -- | -- | |
| 11/22/2017 11/22/17 | Price Changed | $1,850,000 | -5.1% | $532 / Sq Ft | |
| 07/29/2017 07/29/17 | Price Changed | $1,950,000 | -6.0% | $560 / Sq Ft | |
| 05/10/2017 05/10/17 | Price Changed | $2,075,000 | -2.4% | $596 / Sq Ft | |
| 04/08/2017 04/08/17 | Price Changed | $2,125,000 | -3.4% | $611 / Sq Ft | |
| 03/29/2017 03/29/17 | Price Changed | $2,199,000 | -2.9% | $632 / Sq Ft | |
| 03/08/2017 03/08/17 | For Sale | $2,265,000 | +109.8% | $651 / Sq Ft | |
| 09/21/2012 09/21/12 | Sold | $1,079,500 | -1.8% | $310 / Sq Ft | View Prior Sale |
| 08/17/2012 08/17/12 | Pending | -- | -- | -- | |
| 05/30/2012 05/30/12 | For Sale | $1,099,000 | -- | $316 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $22,723 | $1,981,780 | $1,109,381 | $872,399 |
| 2024 | $22,723 | $1,942,923 | $1,087,629 | $855,294 |
| 2023 | $22,305 | $1,904,827 | $1,066,303 | $838,524 |
| 2022 | $22,007 | $1,867,479 | $1,045,396 | $822,083 |
| 2021 | $21,489 | $1,830,863 | $1,024,899 | $805,964 |
| 2019 | $21,077 | $1,777,379 | $994,500 | $782,879 |
| 2018 | $14,166 | $1,169,116 | $865,807 | $303,309 |
| 2016 | $13,712 | $1,122,932 | $832,188 | $290,744 |
| 2015 | $13,462 | $1,106,065 | $819,688 | $286,377 |
| 2014 | $13,297 | $1,084,400 | $803,632 | $280,768 |
Source: Public Records
Agents Affiliated with this Home
-
Heidi Ludwig
-
florence fong
f
Buyer's Agent in 2018
florence fong
Dilbeck Real Estate
(626) 287-9625
5 Total Sales
-
Cheryl Fire
Seller's Agent in 2012
Cheryl Fire
Exclusive Realty, Inc.
(310) 210-8733
1 Total Sale
-
Amerigo Furlan
A
Buyer's Agent in 2012
Amerigo Furlan
If Realty
(310) 836-4663
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17047516
APN: 4155-025-024
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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