NOT LISTED FOR SALE

2617 Nelson Ave Redondo Beach, CA 90278

North Redondo Beach Neighborhood

Estimated Value: $1,560,000 - $1,653,000

40 Beds
20 Baths
14,361 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: July 11, 2016

Last sale price $7,400,250 $515 Per Sq Ft

Current estimated payment $10,161 / mo

56 Days on Market

Highlights

  • 22,510 Sq Ft lot
  • Madison Elementary School Rated A+
  • Ceiling Fan

About This Home

As of July 2016

PRICE REDUCED $345,000! This remodeled twenty-unit complex consists of three separate buildings (separate APNs) and holds two addresses (2617 Nelson Ave and 2205 Perkins Ln). The three buildings center on a central courtyard with a gated pool. The property has recently undergone a top to bottom remodel. The subject property consists of (20) two-bed, one-bath units of various size and layout. Each unit features wood laminate floors, white shaker cabinets, grey quartz countertops, stainless steel appliances and new bathrooms. The modern exterior features new paint, windows, doors railings, and landscaping. The property includes on-site laundry for the tenants. Parking consists of (11) garages with (20) enclosed parking spaces. There is no rent control in Redondo Beach.

Last Agent to Sell the Property

Steffan Braunlich

Berkadia License #01859098 Listed on: 03/17/2016

Co-Listed By

Bryan Bohlinger

License #01522061

Last Buyer's Agent

Debbie Sutz

Lotus Estate Properties License #01254822

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 0.52

Parking

  • 2 Car Garage

Interior Spaces

  • 14,361 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 40 Bedrooms
  • 20 Bathrooms

Additional Features

  • 22,510 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 4153-023-006

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0.52 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 14361
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 40
  • Total Bathrooms: 20.00
  • Equipment: Ceiling Fan, Dishwasher, Freezer, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 532.69

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 20

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 980000
  • Assessed Land Value: 1195000
  • Assessor Parcel Number: 4153-023-006
  • Geocode Override: No
  • Lot Size Area: 22510

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 15.50
  • Number Of Units: 20
  • Type Of Units: Apartment

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
Mar 17, 2016
Closed on
May 20, 2016
Sold by
Bought by
Seller's Agent
Steffan Braunlich
Berkadia
Buyer's Agent
Debbie Sutz
Lotus Estate Properties
List Price
$7,995,000
Sold Price
$7,400,250
Premium/Discount to List
-$594,750
-7.44%
Current Estimated Value
$1,606,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,793,583
Avg. Annual Appreciation
-14.13%
Original Mortgage
$4,000,000
Interest Rate
0.0358%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,160,000
Interest Rate
0.0409%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
$7,400,500 Fatcola
$8,900,000 First American Title Company
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 $3,950,000
Closed $4,000,000
Previous Owner $3,160,000
Previous Owner $3,070,000
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
07/11/2016 07/11/16 Sold $7,400,250 -7.4% $515 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $7,995,000 -- $557 / 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 $16,882 $1,288,244 $998,099 $290,145
2024 $16,180 $1,262,985 $978,529 $284,456
2023 $15,895 $1,238,222 $959,343 $278,879
2022 $15,559 $1,213,944 $940,533 $273,411
2021 $15,123 $1,190,142 $922,092 $268,050
2019 $14,711 $1,154,844 $894,744 $260,100
2018 $14,219 $1,132,200 $877,200 $255,000
2016 $11,643 $898,495 $583,768 $314,727
2015 $11,444 $885,000 $575,000 $310,000
2014 $4,947 $301,252 $215,794 $85,458
Source: Public Records

Agents Affiliated with this Home

  • Steffan Braunlich

    Seller's Agent in 2016

    Steffan Braunlich

    Berkadia

    (310) 209-3209

    2 in this area

    21 Total Sales

    Steffan Braunlich
    Section Image

  • B

    Seller Co-Listing Agent in 2016

    Bryan Bohlinger

  • Debbie Sutz

    Buyer's Agent in 2016

    Debbie Sutz

    Lotus Estate Properties

    (310) 874-4799

    14 Total Sales

    Debbie Sutz
    Section Image
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Map

Source: The MLS

MLS Number: 16-107272

The MLS

APN: 4153-023-020

California Los Angeles County Redondo Beach 90278 North Redondo Beach

2617 Nelson Ave, Redondo Beach, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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