NOT LISTED FOR SALE

Estimated Value: $2,337,000 - $3,419,000

7 Beds
9 Baths
5,605 Sq Ft
$516/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $2,345,000 $418 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $17,852/month

76 Days on Market

Highlights

  • City View
  • Deck
  • Wood Flooring
  • Washington Elementary School Rated A+
  • Traditional Architecture
  • Balcony

About This Home

As of May 2021

Just Reduced for a quick sale! Well Maintained 4 Unit Building with detached spacious 3 story 3 Br, 2.5 Ba Townhouse with fireplace, sun deck and yard, 3 story 2Br, 2 Ba Townhouse with yard and sun deck, plus 2 Br, 1.5 Ba. Townhouse with yard and sun deck, and a 1Br, 1Ba apartment. All units have electric fireplaces, upgraded with newer windows and doors, Newer roof, Newer Main sewer line, Copper Plumbing. Each unit has laundry hookups 120/220 or gas. 2 units have sun decks. All units kitchens and baths have Italian tile floors and tile counters. The Townhouses have 2 car attached garages with direct access, the 1 Br has a single car attached garage. Building has a large storage unit. Rents haven't been raised in 2020. Room for increases. Located in fantastic North Redondo neighborhood, close to restaurants, shopping, parks, transportation. City View. Pride of ownership building. Stated expenses are estimates only. Actual expenses will be provided with accepted offer. Great for Owner-user. Do not disturb tenant.

Last Agent to Sell the Property

Terry Ballentine

Estate Properties License #00588883 Listed on: 01/08/2021

Estate Properties

Last Buyer's Agent

Natasha Gwilt

eXp Realty of California Inc License #01988779

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,286

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 7,507 Sq Ft Lot
  • North Facing Home
  • Sprinkler System
  • Front Yard

Parking

  • 6 Car Direct Access Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 5,605 Sq Ft Home
  • 3-Story Property
  • Electric Fireplace
  • Double Pane Windows
  • Window Screens
  • Storage
  • City Views
  • Sump Pump

Kitchen

  • Oven or Range
  • Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 9 Bathrooms

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Deck
  • Open Patio
  • Rain Gutters

Location

  • City Lot

Utilities

  • Radiant Heating System
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • The owner pays for water, gardener
  • Assessor Parcel Number 4082-003-005

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,286

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Well Maintained 4 Unit Building with detached spacious 3 story 3 Br, 2.5 Ba Townhouse with fireplace, sun deck and yard, 3 story 2Br, 2 Ba Townhouse with yard and sun deck, plus 2 Br, 1.5 Ba. Townhouse with yard and sun deck, and a 1Br, 1Ba apartment. All units have electric fireplaces, upgraded with newer windows and doors, Newer roof, Newer Main sewer line, Copper Plumbing. Each unit has laundry hookups 120/220 or gas. 2 units have sun decks. All units kitchens and baths have Italian tile floors and tile counters. The Townhouses have 2 car attached garages with direct access, the 1 Br has a single car attached garage. Building has a large storage unit. Rents haven't been raised in 2020. Room for increases. Located in fantastic North Redondo neighborhood, close to restaurants, shopping, parks, transportation. City View. Pride of ownership building. Stated expenses are estimates only. Actual expenses will be provided with accepted offer. Great for Owner-user. Do not disturb tenant.
  • Alley: No
  • Living Area: 5605
  • Lot Acreage: 0.1723
  • Price Per Unit: 618750.00
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1974
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Sump Pump, Storage Space
  • Number Carpet: 4
  • Number Dishwasher: 4
  • Number Disposal: 4
  • Number Range: 4
  • Fireplace Rooms: Electric
  • Flooring: Hardwood, Carpet, Tile
  • Appliances: Free Standing Gas, Range
  • Bedrooms: 7
  • Bathroom Features: Tile
  • Kitchen Features: Tile Counters
  • Laundry: Garage
  • Total Bathrooms: 9.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 419.26
  • Windows: Double Pane Windows, Screens

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Features: Balcony, Full Copper Plumbing, Rain Gutters, Sprinkler System, Two On A Lot
  • Other Structures: None
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Number Patio: 3
  • Patio: Patio Open, Balcony, Deck(s)
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 6
  • Covered Parking: 6
  • Parking Garage: Garage Is Attached, Garage - 4+ Car, Direct Entrance
  • Total Parking: 6

Utilities

  • Volt 220: In Garage
  • Water Heater: Gas, Central Water Heater
  • Electric Expense: 416.00
  • Heating: Radiant
  • Number Gas Meters: 4
  • Security: Fire and Smoke Detection System, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Connected and Paid
  • Water: District
  • Water Expense: 2225.00
  • Water Heaters: No

Fee Information

  • Gas Expense: 1651.00
  • Insurance Expense: 1938.00
  • Maintenance Expense: 9775.00

Schools

  • School District: Redondo Unified

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Percent: 65.12
  • Assessed Improvement Value: 385226
  • Assessed Land Percent: 34.88
  • Assessed Land Value: 206367
  • Total Assessed Value: 591593
  • Assessor Parcel Number: 4082-003-005
  • Lot Description: Front Yard, Gutters, Yard, Street Paved, Street Lighting, Storm Drains, Single Lot, Sidewalks
  • Lot Location: City
  • Lot Size Area: 7507

Rental Info

  • Number Leased: 4
  • Monthly Gross Income: 10545.00
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.50
  • Gross Scheduled Income: 126540.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 26086
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3796

Tax Info

  • Private Transfer Taxes: No
  • Tax Expense: 9481.00
  • Tax New: 29700.00
  • Tax Percent: 1.20
  • Tax Rate Year: 2020

MLS Schools

  • School District: Redondo Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 30, 2021
Sold by
Elyahoo Sorourian Family Trust and Elyahoo Sorourian Family Trust
Bought by
Bartilotti Lena and Bartilotti Michael
Seller's Agent
Terry Ballentine
Estate Properties
Buyer's Agent
Natasha Gwilt
eXp Realty of California Inc
List Price
$2,475,000
Sold Price
$2,345,000
Premium/Discount to List
-$130,000
-5.25%
Current Estimated Value
$2,890,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,994
Avg. Annual Appreciation
4.89%
Original Mortgage
$2,264,507
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Aug 23, 2006
Sold by
Sorourian Elyahoo
Bought by
Sorourian Elyahoo and Elyahoo Sorourian Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$929,500
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2000
Sold by
Sorourian Elyahoo
Bought by
Sorourian Elyahoo and The Elyahoo Sorourian Family T

Purchase Details

Closed on
Nov 24, 1997
Sold by
Schnabel Laurence H Co Tr and Handschumacher A
Bought by
Sorourian Elyahood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
4.25%
Source: Public Records

Range of Values:

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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
Bartilotti Lena $2,345,000 Progressive Title
Sorourian Elyahoo -- Gateway Title Company
Sorourian Elyahoo -- Gateway Title Company
Sorourian Elyahoo -- --
Sorourian Elyahood $430,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bartilotti Lena $2,264,507
Previous Owner Sorourian Elyahoo $929,500
Previous Owner Sorourian Elyahood $301,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $2,345,000 -0.2% $418 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/14/2021 03/14/21 Price Changed $2,349,950 -2.1% $419 / Sq Ft
02/28/2021 02/28/21 Price Changed $2,399,950 -2.0% $428 / Sq Ft
02/08/2021 02/08/21 Price Changed $2,450,000 -1.0% $437 / Sq Ft
01/08/2021 01/08/21 For Sale $2,475,000 -- $442 / Sq Ft
Source: The MLS

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 $30,286 $2,538,302 $1,407,161 $1,131,141
2024 $30,286 $2,488,532 $1,379,570 $1,108,962
2023 $29,734 $2,439,738 $1,352,520 $1,087,218
2022 $29,165 $2,391,900 $1,326,000 $1,065,900
2021 $9,570 $634,303 $221,265 $413,038
2020 $9,481 $627,800 $218,997 $408,803
2019 $9,226 $615,491 $214,703 $400,788
2018 $8,847 $603,424 $210,494 $392,930
2016 $8,484 $579,994 $202,321 $377,673
2015 $8,349 $571,282 $199,282 $372,000
2014 $8,229 $560,093 $195,379 $364,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-676858

The MLS

APN: 4082-003-005