NOT LISTED FOR SALE

Estimated Value: $1,600,000 - $2,203,000

5 Beds
4 Baths
2,188 Sq Ft
$854/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $1,425,000 $651 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $11,406/month

2 Days on Market

Highlights

  • Laundry Room
  • 2 Car Garage
  • South Facing Home
  • Washington Elementary School Rated A+

About This Home

As of July 2018

NORTH REDONDO BEACH QUADRUPLEX FOR SALE. FRONT HOUSE IS 2 BDR 1 BATH WITH A 2 CAR DETACHED GARAGE, 3 REAR UNITS. CALL L/A AGENT FOR MORE INFO. GREAT POTENTIAL! BUYER CAN MOVE IN FRONT HOUSE OR LEASE OUT FOR ADDITIONAL INCOME.

Last Agent to Sell the Property

Derinda Powley

Powley Properties Inc. License #00938772 Listed on: 06/06/2018

Last Buyer's Agent

Andy Tseng

The Realestate Group License #01899224

The Realestate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,416

Year Built

  • Built in 1946

Lot Details

  • 7,491 Sq Ft Lot
  • Two or More Common Walls
  • South Facing Home
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,188 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 19 / 4
  • Tax Tract Number 620601
  • Assessor Parcel Number 4157002016

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $2,000
  • New Taxes Expense $6,045
  • Operating Expense $8,093
  • Gross Income $41,400
  • Net Operating Income $32,587

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,416

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: RBR-3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 4157002016
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 651.28

Exterior Features

  • Direction Faces: South
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Asphalt, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Annually
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7491.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 41400.00
  • Gross Scheduled Income: 41400.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 32587.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8813.00
  • Rent Control: No
  • Total Expenses: 8093.00

Tax Info

  • New Taxes Expense: 6045.00
  • Tax Block: 4
  • Tax Census Tract: 6206.01
  • Tax Lot: 19
  • Tax Tract Number: 620601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jun 22, 2018
Sold by
Pilarski Stephen R and Sr & Gj Family Trust
Bought by
Atct Llc
Seller's Agent
Derinda Powley
Powley Properties Inc.
Buyer's Agent
Andy Tseng
The Realestate Group
List Price
$1,425,000
Sold Price
$1,425,000
Current Estimated Value
$1,869,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,201
Avg. Annual Appreciation
4.90%
Original Mortgage
$85,000
Outstanding Balance
$73,980
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,938,731

Purchase Details

Closed on
Jun 12, 2007
Sold by
Pilarski Stephen R
Bought by
Pilarski Stephen R and Sr & Gj Family Trust

Purchase Details

Closed on
May 5, 1999
Sold by
Macaulay Regina L
Bought by
Pilarski Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,220
Interest Rate
7.51%

Purchase Details

Closed on
Jun 28, 1994
Sold by
Buschkotter Dayle A
Bought by
Macaulay Regina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.65%
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
Atct Llc $1,425,000 Old Republic Title Company
Pilarski Stephen R -- None Available
Pilarski Stephen L $340,000 California Counties Title Co
Macaulay Regina L $280,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atct Llc $85,000
Previous Owner Pilarski Stephen R $300,000
Previous Owner Pilarski Stephen R $685,000
Previous Owner Pilarski Stephen R $379,000
Previous Owner Pilarski Stephen R $50,000
Previous Owner Pilarski Stephen R $50,000
Previous Owner Pilarski Stephen R $335,000
Previous Owner Pilarski Stephen L $337,220
Previous Owner Gaskell David R $86,000
Previous Owner Macaulay Regina L $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $1,425,000 0.0% $651 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $1,425,000 -- $651 / 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 $18,416 $1,589,610 $1,087,629 $501,981
2024 $18,416 $1,558,442 $1,066,303 $492,139
2023 $18,080 $1,527,886 $1,045,396 $482,490
2022 $17,840 $1,497,929 $1,024,899 $473,030
2021 $17,431 $1,468,558 $1,004,803 $463,755
2020 $17,456 $1,453,500 $994,500 $459,000
2019 $17,100 $1,425,000 $975,000 $450,000
2018 $6,159 $459,255 $253,942 $205,313
2016 $5,908 $441,424 $244,082 $197,342
2015 $5,803 $434,794 $240,416 $194,378
2014 $5,750 $426,278 $235,707 $190,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18135934

California Regional Multiple Listing Service (CRMLS)

APN: 4157-002-016