$2,395,000

Estimated payment $13,605/month

Total Views 13,954
5 Beds
4 Baths
4,917 Sq Ft
$487 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • 2-minute walk to Perry Park
  • Washington Elementary School Rated A+
  • 4 Car Garage

About This Home

2220 Huntington Ave in Redondo Beach, CA, presents an exceptional investment opportunity
for potential buyers. This four-unit property boasts an impressive 4,917 square feet of living
space, ensuring ample room in each unit. The first unit consists of three bedrooms and two
bathrooms. The other three remaining units have a two bedroom and two bathroom floor plan.
This property is a true gem in the South Bay area, known for its desirable coastal living and
vibrant community. Its prime location in Redondo Beach ensures easy access to local amenities,
schools, parks, and the beach, making it an attractive option for tenants and a high-demand
rental market. Investors will find this property to be a sound
addition to their portfolio, with its blend of modern upgrades, prime location, and ample living
space. Don't miss out on this rare opportunity to own a premier multi-unit property in one of the
most sought-after areas of the South Bay.
Please do not disturb the tenants. For more information and showings, contact the agent.

Listing Agent

Holly Kauffman

Beach City Brokers Brokerage Phone: 310 345-0165 License #01948745 Listed on: 07/12/2024

Beach City Brokers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,541

Year Built

  • Built in 1973

Lot Details

  • 7,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 4,917 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Listing and Financial Details

  • Legal Lot and Block 2 / 57
  • Tax Tract Number 62061
  • Assessor Parcel Number 4157021024
  • $1,488 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,067
  • Gardener Expense $540
  • Insurance Expense $6,804
  • Other Expense $1,500
  • Professional Management Expense $6,500
  • Trash Expense $2,151
  • Water Sewer Expense $2,087
  • New Taxes Expense $4,476
  • Operating Expense $25,245
  • Gross Income $96,241
  • Net Operating Income $67,198

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,541

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 598750
  • Professional Management Expense: 6500.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2087.00
  • Zoning: RBR-2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 4157021024
  • Year Built: 1973
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 487.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 2151.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1067.00
  • Gross Income: 96241.00
  • Gross Scheduled Income: 96241.00
  • Insurance Expense: 6804.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 574.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 67198.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 25245.00
  • Other Expense: 1500.00
  • Other Expense Description: cpa
  • Rent Control: Yes
  • Total Expenses: 25245.00

Tax Info

  • New Taxes Expense: 4476.00
  • Tax Block: 57
  • Tax Census Tract: 6206.01
  • Tax Lot: 2
  • Tax Tract Number: 62061
  • TaxOtherAnnualAssessmentAmount: 1488.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,541 $282,728 $68,068 $214,660
2024 $4,541 $277,185 $66,734 $210,451
2023 $4,476 $271,751 $65,426 $206,325
2022 $4,422 $266,424 $64,144 $202,280
2021 $4,325 $261,201 $62,887 $198,314
2019 $4,253 $254,056 $61,023 $193,033
2018 $4,068 $249,087 $59,827 $189,260
2016 $3,894 $238,839 $57,504 $181,335
2015 $3,831 $235,253 $56,641 $178,612
2014 $3,812 $230,646 $55,532 $175,114
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $2,395,000 0.0% $487 / Sq Ft
07/01/2025 07/01/25 Off Market $2,395,000 -- --
12/07/2024 12/07/24 For Sale $2,395,000 0.0% $487 / Sq Ft
12/06/2024 12/06/24 Off Market $2,395,000 -- --
07/12/2024 07/12/24 For Sale $2,395,000 -- $487 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24142012

California Regional Multiple Listing Service (CRMLS)

APN: 4157-021-024