F
Seller's Agent in 2023
Freddy Okuda
ADW Management USA, Inc.
2604 Curtis Ave Redondo Beach, CA 90278
North Redondo Beach NeighborhoodEstimated Value: $2,159,000 - $2,225,000
9
Beds
5
Baths
3,830
Sq Ft
$576/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Wall Furnace
- Madison Elementary School Rated A+
About This Home
As of September 2023Great 4 Unit investment property located in the city of Redondo Beach. All units are currently occupied and all are on month to month leases. This property is conveniently located near LAX, 405 Freeway, places of interest such as South Bay Galleria, Alondra Gold Course Park, Redondo beach pier and much more. Don't miss out on this investment opportunity!
Last Agent to Sell the Property
Freddy Okuda
ADW Management USA, Inc. License #02073148 Listed on: 08/10/2023
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $23,760
Year Built
- Built in 1965
Lot Details
- 7,514 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
- Parking Available
- Assigned Parking
Interior Spaces
- 3,830 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 10 / 10
- Tax Tract Number 2
- Assessor Parcel Number 4153025010
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,842
- Gardener Expense $840
- Insurance Expense $1,014
- Maintenance Expense $2,000
- Other Expense $1,000
- Pest Control $288
- Professional Management Expense $4,651
- Water Sewer Expense $2,213
- New Taxes Expense $27,359
- Operating Expense $41,208
- Gross Income $119,880
- Net Operating Income $75,076
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2023
Closed on
Sep 14, 2023
Sold by
Sakamoto Atsuhiko
Bought by
Kong Family Trust and Kong
Seller's Agent
Freddy Okuda
ADW Management USA, Inc.
Buyer's Agent
Steve Hwang
Century 21 Union Realty
List Price
$2,350,000
Sold Price
$2,035,000
Premium/Discount to List
-$315,000
-13.4%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,272
Avg. Annual Appreciation
4.38%
Purchase Details
Closed on
Sep 13, 2017
Sold by
Sakamoto Kumi
Bought by
Sakamoto Atsuhiko
Purchase Details
Closed on
Jun 21, 2017
Sold by
Adw #1 Llc
Bought by
Sakamoto Atsuhiko
Purchase Details
Listed on
May 31, 2016
Closed on
Jul 7, 2016
Sold by
Tucker Robert Lee
Bought by
Adw #1 Llc
Seller's Agent
Bel Geisel
Palm Realty Boutique, Inc.
Buyer's Agent
Ken Ishiki
Lyon Stahl Investment Real Estate
List Price
$1,625,000
Sold Price
$1,625,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Purchase Details
Closed on
Sep 11, 2006
Sold by
Geisel Paul A
Bought by
Geisel Paul A and Paul A Geisel Separate Property Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kong Family Trust | $2,035,000 | Stewart Title | |
| Sakamoto Atsuhiko | -- | Old Republic Title Company | |
| Sakamoto Atsuhiko | $2,030,000 | Old Republic Title Company | |
| Adw #1 Llc | $1,625,000 | Old Republic Title Company | |
| Geisel Paul A | -- | None Available | |
| Geisel Paul A | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2023 09/26/23 | Sold | $2,035,000 | -13.4% | $531 / Sq Ft |
| 08/23/2023 08/23/23 | Pending | -- | -- | -- |
| 08/10/2023 08/10/23 | For Sale | $2,350,000 | +44.6% | $614 / Sq Ft |
| 08/05/2016 08/05/16 | Sold | $1,625,000 | 0.0% | $424 / Sq Ft |
| 06/05/2016 06/05/16 | Pending | -- | -- | -- |
| 05/31/2016 05/31/16 | For Sale | $1,625,000 | -- | $424 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $23,760 | $2,075,700 | $1,428,000 | $647,700 |
| 2024 | $23,760 | $2,035,000 | $1,400,000 | $635,000 |
| 2023 | $25,791 | $2,220,099 | $1,443,612 | $776,487 |
| 2022 | $25,445 | $2,176,568 | $1,415,306 | $761,262 |
| 2021 | $24,841 | $2,133,891 | $1,387,555 | $746,336 |
| 2019 | $24,363 | $2,070,600 | $1,346,400 | $724,200 |
| 2018 | $23,713 | $2,030,000 | $1,320,000 | $710,000 |
| 2016 | $7,344 | $552,399 | $203,717 | $348,682 |
| 2015 | $7,214 | $544,102 | $200,657 | $343,445 |
| 2014 | $7,144 | $533,445 | $196,727 | $336,718 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Steve Hwang
Century 21 Union Realty
(310) 634-9979
2 in this area
49 Total Sales
-
B
Seller's Agent in 2016
Bel Geisel
Palm Realty Boutique, Inc.
-
Buyer's Agent in 2016
Ken Ishiki
Lyon Stahl Investment Real Estate
(562) 755-5010
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23149128
APN: 4153-025-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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