NOT LISTED FOR SALE

Estimated Value: $2,404,000 - $3,803,000

9 Beds
12 Baths
5,022 Sq Ft
$679/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2025

Last sale price $3,595,000 $716 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $18,647 / mo

35 Days on Market

Highlights

  • Built in 1957 | Newly Remodeled
  • Solar Power System
  • Modern Architecture
  • Madison Elementary School Rated A+
  • Wood Flooring
  • 5-minute walk to Dale Page Park

About This Home

As of October 2025

Stunning 5-unit income property in highly desirable North Redondo Beach. This property is the epitome of sleek, modern coastal living. Units A, B & C have been completely remodeled. Original building was taken down to the studs and completely rebuilt including a new roof. Units D & E are brand new construction, completed in 2024. Units are eco-friendly with central heating & air, solar power and electric hookups for cars. Hardwood flooring throughout with in-unit stacked laundry, and gourmet kitchens featuring Caesarstone countertops and top of the line appliances and fixtures with designer finishes. Property has been meticulously maintained with all five units fully occupied. Tenants are all responsible professionals and there is an excellent property manager currently in place. This is a prime turnkey investment opportunity in a building with close proximity to the beach, shopping and dining, and the bike path is right down the street. Adjacent property is a triplex under the same ownership and also available for purchase. Both properties are ideal for owner/user occupancy.

Last Agent to Sell the Property

Jennifer Westbay

Coldwell Banker Realty License #02221413 Listed on: 05/19/2025

Coldwell Banker Realty

Co-Listed By

Julie Lovett

Coldwell Banker Realty License #00803205

Last Buyer's Agent

Alex Baker

Pardee Properties License #01999006

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957 | Newly Remodeled

Lot Details

  • 7,448

Home Design

  • Modern Architecture

Interior Spaces

  • 5,022 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Driveway
  • Assigned Parking

Additional Features

  • Solar Power System
  • 7,448 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 4153-015-038

Property Details

Home Type

Multi-Family

Year Built

Built in 1957 | Newly Remodeled

Lot Details

7,448 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 5022
  • Lot Acreage: 0.1710
  • Property Condition: New Construction, Updated/Remodeled
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 9
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 12.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Microwave, Washer, Refrigerator, Solar Panels, Range/Oven
  • Price Per S Q F T: 726.80

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Assigned
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 424483
  • Assessed Land Percent: 75
  • Assessed Land Value: 1273449
  • Total Assessed Value: 1697932
  • Assessor Parcel Number: 4153-015-038
  • Lot Size Area: 7448

Rental Info

  • Total Actual Rent: 269400.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 13.55
  • Number Of Units: 5
  • Type Of Units: Various

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

Listed on
May 19, 2025
Closed on
Sep 17, 2025
Sold by
Bought by
Seller's Agent
Jennifer Westbay
Coldwell Banker Realty
Buyer's Agent
Alex Baker
Pardee Properties
List Price
$3,795,000
Sold Price
$3,595,000
Premium/Discount to List
-$200,000
-5.27%
Views
44
Current Estimated Value
$3,409,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$185,307
Avg. Annual Appreciation
-7.28%
Original Mortgage
$640,000
Outstanding Balance
$639,430
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$2,770,263
Source: Public Records
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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
$3,595,000 Equity Title - Los Angeles
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $640,000
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 Prior Sale
10/03/2025 10/03/25 Sold $3,595,000 -1.5% $716 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/14/2025 06/14/25 Price Changed $3,650,000 -3.8% $727 / Sq Ft
05/19/2025 05/19/25 For Sale $3,795,000 +137.2% $756 / Sq Ft
05/18/2021 05/18/21 Sold $1,600,000 +6.7% $842 / Sq Ft View Prior Sale
02/08/2021 02/08/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $1,500,000 -- $789 / Sq Ft
Source: The MLS

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 $2,123 $22 $22 --
2024 $20,640 $1,697,932 $1,273,449 $424,483
2023 $19,283 $1,664,640 $1,248,480 $416,160
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25539909

The MLS

APN: 4153-015-038

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