NOT LISTED FOR SALE

225 N Juanita Ave Redondo Beach, CA 90277

Estimated Value: $1,454,000 - $2,279,977

6 Beds
3 Baths
2,496 Sq Ft
$788/Sq Ft Est. Value

Last Sold August 21, 2014

Last sale price $1,200,000 $481 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $12,090/month

16 Days on Market

About This Home

As of August 2014

Craftsman Style Vintage Triplex located in South Redondo Beach. Both of the front units have two bedrooms and one bath, each with a private yard. The rear unit is a separate two bedroom and one bath house with a fenced in private yard. This charmer has been meticulously maintained and was recently renovated. Lock in a 30-year fixed-rate loan on this beauty while rates are at historic lows!

Last Agent to Sell the Property

Woody Stahl

Lyon Stahl Investment Real Est License #01399621 Listed on: 06/09/2014

Lyon Stahl Investment Real Est

Co-Listed By

Brett Lyon

Lyon Stahl Investment Real Estate, Inc. License #01717818

Last Buyer's Agent

Danielle Glew

The CML Group License #01861240

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,492

Year Built

  • Built in 1911

Lot Details

  • 5,987 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 2,496 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 7504013049

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $25,449
  • Gross Income $6,040
  • Net Operating Income $44,857

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,492

Year Built

Built in 1911

Lot Details

0

Parking

1

Listing Details

  • CapRate: 3.90
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7504013049
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 480.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5987.00
  • Lot Size Acres: 0.1370

Multi Family

  • Gross Income: 6040.00
  • Gross Multiplier: 15.87
  • Gross Operating Income: 70306.00
  • Gross Scheduled Income: 72480.00
  • Lot Size Area: 5987.0000 Square Feet
  • Net Operating Income: 44857.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 25449.00
  • Operating Expense Percent: 35.00
  • Rent Control: No
  • Total Actual Rent: 6040.00
  • Total Expenses: 25449.00
  • Vacancy Allowance: 2174
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 13
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2015
Sold by
Tan May
Bought by
Tan May and May Tan Trust
Current Estimated Value
$1,966,494

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jul 2, 2014
Sold by
Wolacott Holdings Llc
Bought by
Tan May
Seller's Agent
Woody Stahl
Lyon Stahl Investment Real Est
Buyer's Agent
Danielle Glew
The CML Group
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$840,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2006
Sold by
Holtorf Kent and Cartozian Stephanie
Bought by
Wolacott Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2006
Sold by
Rands Rochelle
Bought by
Holtorf Dr Kent and Holtorf Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Tan May -- None Available
Tan May $1,200,000 Progressive
Wolacott Holdings Llc -- Lawyers Title
Holtorf Kent -- Lawyers Title
Holtorf Dr Kent $920,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan May $714,000
Previous Owner Tan May $840,000
Previous Owner Holtorf Dr Kent $736,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2014 08/21/14 Sold $1,200,000 +4.3% $481 / Sq Ft
06/25/2014 06/25/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $1,150,000 -- $461 / 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 $17,492 $1,442,212 $576,884 $865,328
2024 $17,492 $1,413,934 $565,573 $848,361
2023 $17,182 $1,386,211 $554,484 $831,727
2022 $16,832 $1,359,031 $543,612 $815,419
2021 $16,476 $1,332,384 $532,953 $799,431
2020 $16,427 $1,318,723 $527,489 $791,234
2019 $16,037 $1,292,867 $517,147 $775,720
2018 $15,617 $1,267,517 $507,007 $760,510
2016 $15,115 $1,218,300 $487,320 $730,980
2015 $14,853 $1,200,000 $480,000 $720,000
2014 $12,727 $1,005,497 $983,641 $21,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14120598

California Regional Multiple Listing Service (CRMLS)

APN: 7504-013-049