NOT LISTED FOR SALE

Estimated Value: $1,486,432 - $1,559,000

4 Beds
2 Baths
1,935 Sq Ft
$788/Sq Ft Est. Value

Last Sold February 27, 2025

Last sale price $1,525,000 $788 Per Sq Ft

Current estimated payment $8,164/month

9 Days on Market

Highlights

  • Fishing
  • Property is near park
  • No HOA
  • Lincoln Elementary School Rated A+
  • Lawn
  • 3-minute walk to Anderson Park

About This Home

As of February 2025

Two detached homes being sold as Land Value. 50 x 150 lot is zoned R-2 (two unit condo site please confirm with the Redondo Beach Planning Dept). Continue to collect rent while you are obtaining development entitlements. Monthly rent shown is actual. Great redevelopment location, close to shopping, restaurants, schools, area beaches and frwy access. Property is being sold AS-IS.

Last Agent to Sell the Property

Jay Horrell

Horrell Realtors Brokerage Phone: 310-729-6441 License #00854307 Listed on: 01/14/2025

Co-Listed By

Jessica Horrell

Horrell Realtors Brokerage Phone: 310-729-6441 License #01963043

Last Buyer's Agent

Joseph Nuzzolo

Thompson Team Real Estate, Inc. License #01853418

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,502 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • No Common Walls
  • Wood Fence
  • Stucco Fence
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Front Yard
  • Value in Land

Parking

  • 2 Car Direct Access Garage
  • 2 Carport Spaces
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway
  • Assigned Parking

Home Design

  • Duplex
  • Entry on the 1st floor
  • Fixer Upper
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,935 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park
  • Suburban Location

Utilities

  • 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 25 / 15
  • Assessor Parcel Number 4150009025

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Fishing
  • Park
  • Dog Park
  • Water Sports

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $59,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: RBR-2
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4150009025
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 788.11
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Stucco Wall, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Direct Garage Access, Driveway, Paved, Garage, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Fishing, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Park Nearby, Value In Land
  • Lot Size: 50 x 150
  • Lot Size Sq Ft: 7502.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 59700.00
  • Gross Scheduled Income: 59700.00
  • Lot Size Area: 7502.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 4975.00

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 6205.01
  • Tax Lot: 25
  • Tax Tract Number: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2025
Sold by
Ask Development Llc
Bought by
Ask Development Llc
Current Estimated Value
$1,525,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,285,000
Outstanding Balance
$2,282,853
Interest Rate
6.3%
Mortgage Type
Construction
Estimated Equity
-$757,245

Purchase Details

Listed on
Jan 14, 2025
Closed on
Feb 13, 2025
Sold by
Strehler Eugene and Strehler Frederick
Bought by
Ask Development Llc
Seller's Agent
Jay Horrell
Horrell Realtors
Buyer's Agent
Joseph Nuzzolo
Thompson Team Real Estate, Inc.
List Price
$1,449,000
Sold Price
$1,525,000
Premium/Discount to List
$76,000
5.24%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.05%

Purchase Details

Closed on
Feb 25, 2005
Sold by
Crowell James N and Strehler Irrevocable Trust
Bought by
Strehler Eugene and Strehler Frederick

Purchase Details

Closed on
Apr 3, 2000
Sold by
Strehler Eugene and Strehler Frederick
Bought by
Crowell James N and Strehler Irrevocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ask Development Llc -- Old Republic Title Company
Ask Development Llc $1,525,000 Fidelity National Title
Strehler Eugene -- --
Crowell James N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ask Development Llc $2,285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2025 02/27/25 Sold $1,525,000 +5.2% $788 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $1,449,000 -- $749 / 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 $2,332 $92,855 $52,436 $40,419
2024 $2,332 $91,035 $51,408 $39,627
2023 $2,303 $89,250 $50,400 $38,850
2022 $2,189 $87,501 $49,412 $38,089
2021 $2,086 $85,787 $48,444 $37,343
2020 $2,038 $84,909 $47,948 $36,961
2019 $1,965 $83,245 $47,008 $36,237
2018 $1,765 $81,614 $46,087 $35,527
2016 $1,677 $78,448 $44,299 $34,149
2015 $1,655 $77,271 $43,634 $33,637
2014 $1,632 $75,759 $42,780 $32,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25005116

California Regional Multiple Listing Service (CRMLS)

APN: 4150-009-025