NOT LISTED FOR SALE

232 Avenue A Redondo Beach, CA 90277

Estimated Value: $1,950,000 - $2,272,666

5 Beds
4 Baths
2,024 Sq Ft
$1,066/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2021

Last sale price $2,000,000 $988 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $13,861 / mo

14 Days on Market

Highlights

  • Detached Guest House
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • Alta Vista Elementary School Rated A+
  • No HOA
  • Laundry Room

About This Home

As of September 2021

Prime Redondo Beach location 2 blocks from the Ocean! Builder Opportunity! Fantastic Triplex Income Investment Property. Homes in this neighborhood rarely come up for sale. Several rebuilt luxury homes on street and is steps to restaurants, shops and downtown PCH business'. Directly adjacent to newly built Senior Community (backside), so no neighbors across the street, and NO parking issues. Property being sold AS IS. Long front driveway access to single car garage, two car garage access from back alleyway. Front house 3/1.25. Two apartments in back over the 3 car garage, 1 bdrm each. Awesome income property opportunity.

Last Agent to Sell the Property

Laura Collins

BHHS CA Properties License #01784967 Listed on: 07/09/2021

BHHS CA Properties

Last Buyer's Agent

Belinda Hernandez

T.N.G. Real Estate Consultants License #01127766

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,004 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Level Lot
  • Back and Front Yard
  • Tear Down

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Triplex
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation

Interior Spaces

  • 2,024 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Carpet
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Detached Guest House

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 2 / 4
  • Tax Tract Number 2546
  • Assessor Parcel Number 7509003002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Recreation

  • Water Sports

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Insurance Expense $1,800
  • Professional Management Expense $3,600
  • Trash Expense $780
  • Water Sewer Expense $800
  • Operating Expense $7,880
  • Net Operating Income $500

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

6,004 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • Inclusions: Washer & Dryers, Refrigerators
  • Professional Management Expense: 3600.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 800.00
  • Zoning: RBR-1 2-3
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7509003002
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 988.14
  • Room Type: Main Floor Master Bedroom
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised
  • Other Structures: Guest House Detached
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Floor Furnace, Wall Furnace, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Tear Down
  • Lot Size Sq Ft: 6004.00
  • Lot Size Acres: 0.1378

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 350 Square Feet
  • Average2 Bed Area: 350 Square Feet
  • Average3 Bed Area: 1300 Square Feet
  • Electric Expense: 900.00
  • Gross Scheduled Income: 3000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6004.0000 Square Feet
  • Net Operating Income: 500.00
  • 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
  • Number With Carpet: 3
  • Number With Drapes: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Actual Rent: 2201.00
  • Total Expenses: 7880.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 6213.26
  • Tax Lot: 2
  • Tax Rate: 1.20
  • Tax Tract Number: 2546

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
Aug 25, 2005
Sold by
Bought by
Current Estimated Value
$2,157,167

Purchase Details

Closed on
Aug 27, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

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
-- --
-- --
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
09/30/2021 09/30/21 Sold $2,000,000 0.0% $988 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $2,000,000 -- $988 / 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
2025 $25,962 $2,122,415 $1,379,570 $742,845
2024 $24,892 $2,080,800 $1,352,520 $728,280
2023 $24,441 $2,040,000 $1,326,000 $714,000
2022 $23,992 $2,000,000 $1,300,000 $700,000
2021 $3,435 $136,976 $73,359 $63,617
2020 $3,363 $135,572 $72,607 $62,965
2019 $3,255 $132,915 $71,184 $61,731
2018 $3,042 $130,310 $69,789 $60,521
2016 $2,895 $125,252 $67,080 $58,172
2015 $2,865 $123,372 $66,073 $57,299
2014 $2,832 $120,956 $64,779 $56,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21076102

California Regional Multiple Listing Service (CRMLS)

APN: 7509-003-002

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