NOT LISTED FOR SALE

279 Redondo Ave Long Beach, CA 90803

Bluff Heights Neighborhood

Estimated Value: $1,618,967 - $1,886,000

4 Beds
4 Baths
2,396 Sq Ft
$710/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $1,515,000 $632 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,624/month

7 Days on Market

Highlights

  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Wall Furnace

About This Home

As of February 2022

Welcome to 279 Redondo Ave., an amazing 3 unit property located in highly desirable Belmont Heights, just blocks to the beach and trendy shopping & dining in Belmont Shore! The front home is a classic 1920 Craftsman offering 2 bedrooms + an office & 2 baths in approximately 1400 square feet of living space. Perfectly blending modern conveniences with the charm & character of a bygone era, features include a beautifully remodeled kitchen upgraded with granite counters, cool glass tile backsplash, custom cabinetry & stainless steel appliances. Warm laminate wood flooring flows throughout the living room & dining room—accented by crown molding & a period style chandelier-- & both bedrooms, while each bathroom has been tastefully remodeled in a neutral palette. A long driveway offers abundant off street parking and leads to spacious backyard with 2 charismatic 1 bedroom 1 bath units (approximately 550 sq. ft. each) over 4 garages. Copper plumbing, tank-less water heater, a newer roof & endless possibilities make this property perfect for an owner occupant or the savvy investor.

Last Agent to Sell the Property

Sue La Bounty

First Team Real Estate License #01161648 Listed on: 01/13/2022

First Team Real Estate

Last Buyer's Agent

Ellis Posner

Ellis Posner Real Estate License #01416970

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,250 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage

Home Design

  • 2,396 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 5771
  • Assessor Parcel Number 7257029018
  • $650 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Belmont Heights Subdivision

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBCNR
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7257029018
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 632.30

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6250.00
  • Lot Size Acres: 0.1435

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 1400 Square Feet
  • Gross Income: 38400.00
  • Gross Scheduled Income: 74400.00
  • Lot Size Area: 6250.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5771.00
  • Tax Lot: 17
  • Tax Tract Number: 5771
  • TaxOtherAnnualAssessmentAmount: 650.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Jan 20, 2022
Sold by
Haeffner Charles E and Haeffner Mara K
Bought by
Sachdev Upen and Sachdev Ami
Seller's Agent
Sue La Bounty
First Team Real Estate
Buyer's Agent
Ellis Posner
Ellis Posner Real Estate
List Price
$1,495,000
Sold Price
$1,515,000
Premium/Discount to List
$20,000
1.34%
Current Estimated Value
$1,700,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,242
Avg. Annual Appreciation
3.07%
Original Mortgage
$1,212,000
Outstanding Balance
$1,103,847
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$596,395

Purchase Details

Closed on
Jul 3, 2002
Sold by
Haeffner Mara Kay and Tillotson Mara Kay
Bought by
Haeffner Charles E and Haeffner Mary Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.27%

Purchase Details

Closed on
Apr 19, 1999
Sold by
Fingerhut Steven A and Fingerhut Carol A
Bought by
Tillotson Mara Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,300
Interest Rate
7.01%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sachdev Upen $1,515,000 Ticor Title
Haeffner Charles E -- Fidelity National Title
Tillotson Mara Kay $297,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sachdev Upen $1,212,000
Previous Owner Haeffner Charles E $280,000
Previous Owner Tillotson Mara Kay $267,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2022 02/17/22 Sold $1,515,000 +1.3% $632 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $1,495,000 0.0% $624 / Sq Ft
02/28/2015 02/28/15 Rented $2,595 0.0% --
02/28/2015 02/28/15 For Rent $2,595 -- --
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 $20,272 $1,607,729 $1,183,246 $424,483
2024 $20,272 $1,576,206 $1,160,046 $416,160
2023 $19,936 $1,545,300 $1,137,300 $408,000
2022 $5,906 $438,739 $324,996 $113,743
2021 $5,778 $430,137 $318,624 $111,513
2020 $5,763 $425,927 $315,357 $110,570
2019 $5,697 $417,580 $309,174 $108,406
2018 $5,454 $409,397 $303,112 $106,285
2016 $5,014 $393,309 $291,343 $101,966
2015 $4,820 $387,402 $286,967 $100,435
2014 $4,799 $379,814 $281,346 $98,468
Source: Public Records

Agents Affiliated with this Home

  • Sue La Bounty

    Seller's Agent in 2022

    Sue La Bounty

    First Team Real Estate

    (562) 930-3554

    1 in this area

    101 Total Sales

    Sue La Bounty
    Section Image
  • Ellis Posner

    Buyer's Agent in 2022

    Ellis Posner

    Ellis Posner Real Estate

    (310) 975-5139

    1 in this area

    42 Total Sales

    Ellis Posner
    Section Image

  • J

    Seller's Agent in 2015

    Joann Wahl

    Joann Wahl, Broker

    (562) 439-8220

    Joann Wahl
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22007853

California Regional Multiple Listing Service (CRMLS)

APN: 7257-029-018

California Los Angeles County Long Beach 90803 Bluff Heights

279 Redondo Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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