NOT LISTED FOR SALE

Estimated Value: $1,522,000 - $1,878,000

4 Beds
2 Baths
1,796 Sq Ft
$917/Sq Ft Est. Value

Last Sold August 13, 2012

Last sale price $699,000 $389 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $9,537/month

133 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 3-minute walk to Dale Page Park
  • Lincoln Elementary School Rated A+
  • Wall Furnace

About This Home

As of August 2012

THIS A GREAT OPPORTUNITY TO OWN AND ADD OR FUTURE BUILD 2 SEPARATE HOUSES ON EACH SIDE. THIS IS A "BIGGEST LOT" IN REDONDO BEACH ( 8,700 SQFT). FRONT UNIT WITH FIREPLACE IN LIVING ROOM. BACK UNIT IS NEWER BUILT. BOTH HOUSES REMODLED WITH ENGINEERING DISTRESS HARDWOOD FLOOR. PLEASE....DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Chris Tran

Citi Realty License #01030371 Listed on: 02/14/2012

Last Buyer's Agent

Andreas Ohanessian

SB Realty, Inc. License #01731105

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,965

Year Built

  • Built in 1934

Lot Details

  • 8,705

Parking

  • 2 Car Garage

Interior Spaces

  • 1,796 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 8,705 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 4153011006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $1,440
  • Gross Income $3,350
  • Net Operating Income $38,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,965

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 310-628-7499
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 4153011006
  • Year Built: 1934
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 389.20

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8705.00
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 3350.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8705.0000 Square Feet
  • Net Operating Income: 38760.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1440.00
  • Rent Control: No

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: REDON
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Ohanessian Andreas A and Ohanessian Natalie K
Bought by
Ohanessian Andreas A and Ohanessian Natalie K
Current Estimated Value
$1,575,007

Purchase Details

Listed on
Feb 14, 2012
Closed on
Jun 27, 2012
Sold by
Pham Chien V
Bought by
Ohanessian Andreas Andy and Ohanessian Natalie Karen
Seller's Agent
Chris Tran
Citi Realty
Buyer's Agent
Andreas Ohanessian
SB Realty, Inc.
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$480,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2011
Sold by
Nguyen Thanh Tri Pham
Bought by
Pham Chien V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2008
Sold by
Nguyen Thanh Thi Pham
Bought by
Vanpham Chien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2003
Sold by
Griffiths Bryan and Lopez Carlos A
Bought by
Vanpham Chien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2002
Sold by
Griffiths Lisa
Bought by
Griffiths Bryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.74%

Purchase Details

Closed on
Nov 13, 2000
Sold by
Lynch Thomas B and Lynch Sandra M
Bought by
Griffiths Bryan and Lopez Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,800
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
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
Ohanessian Andreas A -- None Available
Ohanessian Andreas Andy $699,000 Lawyers Title
Pham Chien V -- First American Els
Vanpham Chien -- Fidelity National Title Co
Vanpham Chien $680,000 Equity Title Company
Griffiths Bryan -- Provident Title
Griffiths Bryan $378,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ohanessian Andreas Andy $480,000
Previous Owner Pham Chien V $497,500
Previous Owner Vanpham Chien $517,000
Previous Owner Vanpham Chien $500,000
Previous Owner Lopez Carlos A $390,000
Previous Owner Griffiths Bryan $356,000
Previous Owner Griffiths Bryan $312,000
Previous Owner Lopez Carlos A $28,650
Previous Owner Griffiths Bryan $302,800
Closed Griffiths Bryan $37,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2012 08/13/12 Sold $699,000 0.0% $389 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $699,000 -- $389 / 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 $10,965 $867,774 $738,852 $128,922
2024 $10,965 $850,760 $724,365 $126,395
2023 $10,772 $834,079 $710,162 $123,917
2022 $10,544 $817,726 $696,238 $121,488
2021 $10,243 $801,693 $682,587 $119,106
2020 $10,107 $793,893 $675,588 $118,305
2019 $9,865 $778,336 $662,342 $115,994
2018 $9,542 $763,083 $649,355 $113,728
2016 $9,232 $733,050 $624,141 $108,909
2015 $9,071 $716,201 $614,766 $101,435
2014 $8,876 $702,173 $602,724 $99,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12020508

California Regional Multiple Listing Service (CRMLS)

APN: 4153-011-006