NOT LISTED FOR SALE

Estimated Value: $1,830,000 - $1,953,907

6 Beds
3 Baths
2,550 Sq Ft
$735/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2021

Last sale price $1,741,711 $683 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $12,201 / mo

12 Days on Market

About This Home

As of March 2021

A rare opportunity to purchase a residential income property in the heart of North Redondo Beach.
This Two- 3 bedroom units property is on a 50 X 150 flat lot, a great layout and a perfect investment or live in one and rent the other. Well maintained and operated by same owner for many years. Big open outdoor space and lots of parking. Desirable location keeps you near everything.

Last Agent to Sell the Property

Gary Richardson

Strand Hill Properties License #00466560 Listed on: 02/18/2021

Co-Listed By

Lisa Levin

Vista Sotheby’s International Realty License #01345434

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,528 Sq Ft Lot
  • Lot Dimensions are 50 x150
  • No Common Walls
  • End Unit
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • 2,550 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 620522
  • Assessor Parcel Number 4155016006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Trash Expense $1,428
  • Water Sewer Expense $2,000
  • New Taxes Expense $16,958
  • Operating Expense $34,394
  • Gross Income $84,552
  • Net Operating Income $50,158

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

7,528 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 3.60
  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Zoning: RBR-2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4155016006
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Common Walls: End Unit, No Common Walls
  • Price Per Square Foot: 683.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1428.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 50 X150
  • Lot Size Sq Ft: 7528.00
  • Lot Size Acres: 0.1728

Multi Family

  • Gross Income: 84552.00
  • Gross Multiplier: 16.44
  • Gross Operating Income: 84552.00
  • Gross Scheduled Income: 84552.00
  • Gross Spendable Income: 84552.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 7528.0000 Square Feet
  • Net Operating Income: 50158.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 34394.00
  • Rent Control: Yes
  • Total Expenses: 34394.00

Tax Info

  • New Taxes Expense: 16958.00
  • Tax Lot: 5
  • Tax Tract Number: 620522

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2025
Sold by
Kiyokane Lisa Raye and Doran Michael Johnathan
Bought by
Current Estimated Value
$1,874,170

Purchase Details

Closed on
May 15, 2025
Sold by
Scholtz-Bellas Family Trust and Scholtz Richard J
Bought by
Kiyokane Lisa Raye and Doran Michael Johnathan

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 11, 2021
Sold by
Teitel Family Trust
Bought by
Teitel Richard and Leflowitz Ruth Teitel
Seller's Agent
Gary Richardson
Strand Hill Properties
List Price
$1,449,000
Sold Price
$1,741,711
Premium/Discount to List
$292,711
20.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Original Mortgage
$783,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 4, 2021
Sold by
Teitel Richard and Leflowitz Ruth Teitel
Bought by
Scholtz-Bellasfamily Trust and Scholtz
Seller's Agent
Gary Richardson
Strand Hill Properties
List Price
$1,449,000
Sold Price
$1,741,711
Premium/Discount to List
$292,711
20.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 1995
Sold by
Teitel Thelma P and The Teitel Family Trust
Bought by
Teitel Thelma P and The Teitel Family Trust

Purchase Details

Closed on
Nov 5, 1993
Sold by
Teitel Bernard and Teitel Thelma P
Bought by
Teitel Bernard and Teitel Thelma P

Purchase Details

Closed on
Oct 25, 1993
Sold by
Teitel Bernard and Teitel Thelma P
Bought by
Teitel Bernard and Teitel Thelma P
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Redondo Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
Kiyokane Lisa Raye $1,950,000 Chicago Title
Teitel Richard -- Usa National Title
Scholtz-Bellasfamily Trust $1,742,000 Usa National Title
Teitel Thelma P -- --
Teitel Bernard -- Continental Land Title
Teitel Bernard -- Southland Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $783,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $1,741,711 +20.2% $683 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $1,449,000 -16.8% $568 / Sq Ft
02/25/2021 02/25/21 Off Market $1,741,711 -- --
02/18/2021 02/18/21 For Sale $1,449,000 -- $568 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $22,925 $1,989,000 $1,535,100 $453,900
2025 $22,925 $1,885,593 $1,190,674 $694,919
2024 $21,923 $1,848,622 $1,167,328 $681,294
2023 $21,521 $1,812,376 $1,144,440 $667,936
2022 $21,148 $1,776,840 $1,122,000 $654,840
2021 $4,771 $301,977 $117,796 $184,181
2020 $4,725 $298,882 $116,589 $182,293
2019 $4,601 $293,022 $114,303 $178,719
2018 $4,380 $287,277 $112,062 $175,215
2016 $4,215 $276,123 $107,711 $168,412
2015 $4,151 $271,977 $106,094 $165,883
2014 $4,095 $266,650 $104,016 $162,634
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21034677

California Regional Multiple Listing Service (CRMLS)

APN: 4155-016-006

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