NOT LISTED FOR SALE

301 S Lucia Ave Redondo Beach, CA 90277

2 Beds
4 Baths
4,833 Sq Ft
8,980 Sq Ft Lot

Last Sold January 19, 2018

Last sale price $2,000,000 $414 Per Sq Ft

21 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • High Ceiling
  • Alta Vista Elementary School Rated A+
  • Corner Lot
  • No HOA

About This Home

As of January 2018

Prime South Redondo Beach location! 8,980 SQFT of residential and commercial property on a very desirable highly visible corner lot, six blocks from the beach on Torrance Boulevard and Lucia Ave. 3 separate parcels adjoined and sold as one! 3 Residential Units (824 & 826 Torrance Blvd) one of which is a stand alone House at (301 S. Lucia Ave.) A 1,376 SQFT business space with 4 separate entrances (830 Torrance Blvd), a huge 1,140 SQFT 4 stall garage including laundry, a bathroom, patio access and 7 additional outside parking spaces (832 Torrance). Redevelop the entire property, keep it as is and collect multiple rental incomes, or sell a parcel and keep the others! Limitless potential with new luxury development in progress on the block!
Must see in-person to appreciate the grandeur of the parcels, character, style and detail of the charming residential units and utility of the commercial space. A truly amazing opportunity that rarely comes around in this family friendly neighborhood with immediate proximity to restaurants, shopping and amenities. Consists of three parcels APN 7506-017-010, 7506-017-011 and 7506-017-012. 4,833 SQFT of Commercial and Residential structures. Approximately 90 FT of street frontage along Torrance Blvd and 104.5 FT of frontage on Lucia Ave, being sold all together. Zoned C-2. Remodeled House and Apartments can convert to commercial use or stay as is. A solid appreciating investment. Meticulously maintained, Turn-Key and ready to go!

Last Agent to Sell the Property

Andre del Amo

West Shores Realty, Inc. License #01904293 Listed on: 12/01/2017

West Shores Realty, Inc.

Last Buyer's Agent

Scott Nollner

Simonetti & Associates License #01373935

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,195

Year Built

  • Built in 1935

Lot Details

  • 8,980 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Irregular Lot
  • Sprinklers on Timer
  • 7506-017-011,7506-017-012

Parking

  • 7 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Property Attached
  • Flat Roof Shape
  • Frame Construction
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,833 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Entryway
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Built-In Range
  • Warming Drawer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Mirrored Closets Doors
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Lighting

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Water Heater
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, janitorial service
  • Tax Lot 010
  • Tax Tract Number 7506
  • Assessor Parcel Number 7506017010

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Amenities

  • Laundry Facilities
  • Service Entrance

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Fuel Expense $1,080
  • Gardener Expense $960
  • Insurance Expense $2,093
  • Trash Expense $1,072
  • Water Sewer Expense $2,160
  • New Taxes Expense $16,654
  • Operating Expense $23,187
  • Gross Income $132,000
  • Net Operating Income $108,813

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,195

Year Built

Built in 1935

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Alley Paved, Paved
  • View: Yes
  • Water Sewer Expenses: 2160.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 7506017010
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, High Ceilings, Recessed Lighting, Tile Counters, Unfurnished
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Concrete, Laminate
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s), Service Entrance
  • Levels: Two
  • Price Per Square Foot: 413.82
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows, Skylight(s)

Exterior Features

  • Exterior Features: Lighting
  • View: Neighborhood
  • Pool Private: No
  • Roof: Flat, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator, Warming Drawer, Water Heater Central
  • Heating Type: Forced Air
  • Laundry Features: Common Area, In Garage, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1072.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Green Features

  • Efficiency: Appliances, Lighting, Water Heater, Windows

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7506-017-011,7506-017-012
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999, Irregular Lot, Near Public Transit, Sprinklers Timer
  • Lot Size Sq Ft: 8980.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Janitorial Service

Multi Family

  • Electric Expense: 2400.00
  • Fuel Expense: 1080.00
  • Gross Income: 132000.00
  • Gross Scheduled Income: 132000.00
  • Insurance Expense: 2093.00
  • Net Operating Income: 108813.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 5
  • Number With Carpet: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 2500.00
  • Rent Control: No
  • Total Expenses: 23187.00

Tax Info

  • New Taxes Expense: 16654.00
  • Tax Lot: 010
  • Tax Tract Number: 7506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Dec 29, 2017
Sold by
Watts William J
Bought by
Steers Inc
Seller's Agent
Andre del Amo
West Shores Realty, Inc.
Buyer's Agent
Scott Nollner
Simonetti & Associates
List Price
$2,050,000
Sold Price
$2,000,000
Premium/Discount to List
-$50,000
-2.44%

Purchase Details

Closed on
Jun 22, 1999
Sold by
Hagemeister Neil W
Bought by
Watts William H and Watts Theresa

Purchase Details

Closed on
Aug 26, 1994
Sold by
Hagemeister Neil
Bought by
Hagemeister Neil W and Hagemeister Diane L
Source: Public Records

Range of Values:

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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
Steers Inc $2,000,000 Ticor Title Company
Watts William H $162,500 North American Title Co
Hagemeister Neil W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $2,000,000 -2.4% $414 / Sq Ft
12/22/2017 12/22/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $2,050,000 -- $424 / Sq Ft
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 $5,195 $438,058 $343,622 $94,436
2024 $5,195 $429,470 $336,885 $92,585
2023 $5,073 $421,050 $330,280 $90,770
2022 $4,978 $412,795 $323,804 $88,991
2021 $4,986 $404,702 $317,455 $87,247
2019 $4,891 $392,700 $308,040 $84,660
2018 $4,760 $385,000 $302,000 $83,000
2016 $3,510 $272,640 $259,665 $12,975
2015 $3,420 $268,546 $255,765 $12,781
2014 $3,398 $263,286 $250,755 $12,531
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andre del Amo

    West Shores Realty, Inc.

    Section Image

  • S

    Buyer's Agent in 2018

    Scott Nollner

    Simonetti & Associates

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17273138

California Regional Multiple Listing Service (CRMLS)

APN: 7506-017-010

California Los Angeles County Redondo Beach 90277

301 S Lucia Ave, Redondo Beach, CA

This home is located at 301 S Lucia Ave, Redondo Beach, CA 90277 since 01 December 2017. This property was built in 1935. 301 S Lucia Ave is a home located in Los Angeles County with nearby schools including Alta Vista Elementary School, Parras (Nick G.) Middle School, and Redondo Union High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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