
2408 Mathews Ave Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated Value: $1,988,000 - $2,814,000
About This Home
As of March 2020Best Priced 4 Unit in Redondo Beach! 3 out of 4 units can be raised 8.3% upon acquisition! Located at 2408 Mathews Avenue, the property is walking distance to many retail options and very close to the South Bay Galleria. The subject property features a highly desirable mix of four two-bedroom/one-bath units. All the units feature in-unit washer/dryer hookups and private yards. The property has 4 garage spaces and 4 open spaces and is individually metered for gas and electricity.The subject property allows an investor to acquire a rare apartment building in one of the best rental markets in Los Angeles.
Last Agent to Sell the Property
BRC Advisors- BH License #02002695 Listed on: 01/23/2020

Last Buyer's Agent
Michael Wright
License #01377035
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,748
Year Built
- Built in 1963
Lot Details
- 7,505 Sq Ft Lot
Parking
- 8 Parking Spaces
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 4153-005-008
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
The Third M Llc | $1,985,000 | North American Title | |
Isley Paul T | -- | Wfg Title Company | |
Isley Paul T | -- | None Available | |
Isley Paul T | $955,000 | Old Republic Title Co | |
James Edward | -- | -- |
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | The Third M Llc | $1,300,000 | |
Previous Owner | Isley Paul T | $550,000 | |
Previous Owner | Isley Paul T | $150,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/24/2020 03/24/20 | Sold | $1,985,000 | -5.5% | $567 / Sq Ft |
02/13/2020 02/13/20 | Pending | -- | -- | -- |
01/23/2020 01/23/20 | For Sale | $2,100,000 | +119.9% | $600 / Sq Ft |
11/21/2012 11/21/12 | Sold | $955,000 | +0.5% | $273 / Sq Ft |
10/05/2012 10/05/12 | Pending | -- | -- | -- |
07/13/2012 07/13/12 | For Sale | $950,000 | -- | $271 / Sq Ft |
Tax History Compared to Growth
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 |
---|---|---|---|---|
2024 | $24,748 | $2,128,317 | $1,393,861 | $734,456 |
2023 | $24,291 | $2,086,586 | $1,366,531 | $720,055 |
2022 | $23,966 | $2,045,674 | $1,339,737 | $705,937 |
2021 | $23,399 | $2,005,564 | $1,313,468 | $692,096 |
2020 | $13,349 | $1,077,703 | $626,515 | $451,188 |
2019 | $13,082 | $1,056,573 | $614,231 | $442,342 |
2018 | $12,693 | $1,035,857 | $602,188 | $433,669 |
2016 | $12,282 | $995,635 | $578,805 | $416,830 |
2015 | $12,058 | $980,680 | $570,111 | $410,569 |
2014 | $11,915 | $961,471 | $558,944 | $402,527 |
Agents Affiliated with this Home
-
Seller's Agent in 2020
John Katnik
BRC Advisors- BH
(310) 956-2291
73 Total Sales
-
M
Buyer's Agent in 2020
Michael Wright
-
R
Seller's Agent in 2012
Ralph Lombardi
South Bay Property Management, Inc.
(310) 679-3000
1 Total Sale
-
Buyer's Agent in 2012
Stephen Lampe
RE/MAX
(310) 802-2500
1 in this area
45 Total Sales
Map
Source: The MLS
MLS Number: 20-546808

APN: 4153-005-008
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