NOT LISTED FOR SALE

3688 Redondo Beach Blvd Torrance, CA 90504

North Torrance Neighborhood

Estimated Value: $1,439,000 - $1,779,813

8 Beds
4 Baths
3,516 Sq Ft
$469/Sq Ft Est. Value

Last Sold February 02, 2016

Last sale price $1,038,688 $295 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,969/month

145 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Evelyn Carr Elementary School Rated A-

About This Home

As of February 2016

Spacious 4 unit building located right across the street from Alondra Park golf course, El Camino College is near by as well. Centrally located, near malls & freeways. Strong rental area. All units have patios & a 1 car garage. All tenants share a common coin operated laundry room. Owner states copper plumbing. Come take a look! Units are being sold AS-IS condition.

Last Agent to Sell the Property

Mirko Zeljak

Beach City Brokers License #00919543 Listed on: 12/13/2015

Beach City Brokers

Last Buyer's Agent

Demetrius Brown

CLRE Corporation License #01799515

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,169

Year Built

  • Built in 1958

Lot Details

  • 4,964 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,516 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4087002003

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Gardener Expense $480
  • Insurance Expense $1,440
  • Trash Expense $1,600
  • Water Sewer Expense $3,600
  • New Taxes Expense $14,362
  • Gross Income $6,175

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,169

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 4087002003
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 295.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 1600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4964.00
  • Price Per Lot Square Foot: 209.24
  • Lot Size Acres: 0.1140

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 879
  • Electric Expense: 300.00
  • Gross Income: 6175.00
  • Gross Scheduled Income: 75300.00
  • Insurance Expense: 1440.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4964.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 6175.00

Tax Info

  • New Taxes Expense: 14362.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2020
Sold by
Chen Terrence M
Bought by
Chen Terrence M
Current Estimated Value
$1,649,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$747,700
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Dec 13, 2015
Closed on
Jan 27, 2016
Sold by
Chen Galina
Bought by
Chen Terrence M
Seller's Agent
Mirko Zeljak
Beach City Brokers
Buyer's Agent
Demetrius Brown
CLRE Corporation
List Price
$1,149,000
Sold Price
$1,038,688
Premium/Discount to List
-$110,312
-9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$807,375
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Listed on
Dec 13, 2015
Closed on
Jan 19, 2016
Sold by
Ross Randal A
Bought by
Chen Terrence M
Seller's Agent
Mirko Zeljak
Beach City Brokers
Buyer's Agent
Demetrius Brown
CLRE Corporation
List Price
$1,149,000
Sold Price
$1,038,688
Premium/Discount to List
-$110,312
-9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$807,375
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Mar 28, 2005
Sold by
Ross Randal A and Ross Randall A
Bought by
Ross Randal A

Purchase Details

Closed on
Dec 30, 2003
Sold by
Sebenick Dennis L and Dorothy H Sebenick Living Trus
Bought by
Ross Randall A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Chen Terrence M -- Corinthian Title Company Inc
Chen Terrence M -- None Available
Chen Terrence M $1,040,000 None Available
Ross Randal A -- --
Ross Randall A $680,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Terrence M $747,300
Closed Chen Terrence M $747,700
Closed Chen Terrence M $807,375
Previous Owner Ross Randal A $274,400
Previous Owner Ross Randall A $544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2016 02/02/16 Sold $1,038,688 -9.6% $295 / Sq Ft
12/12/2015 12/12/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $1,149,000 -- $327 / 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 $14,169 $1,230,770 $710,274 $520,496
2024 $14,169 $1,206,639 $696,348 $510,291
2023 $13,905 $1,182,981 $682,695 $500,286
2022 $13,716 $1,159,786 $669,309 $490,477
2021 $13,461 $1,137,046 $656,186 $480,860
2019 $13,071 $1,103,323 $636,724 $466,599
2018 $12,675 $1,081,690 $624,240 $457,450
2016 $9,695 $816,703 $480,415 $336,288
2015 $9,485 $804,436 $473,199 $331,237
2014 $9,252 $788,679 $463,930 $324,749
Source: Public Records

Agents Affiliated with this Home

  • Mirko Zeljak

    Seller's Agent in 2016

    Mirko Zeljak

    Beach City Brokers

    (310) 427-3542

    5 Total Sales

    Mirko Zeljak
    Section Image
  • Demetrius Brown

    Buyer's Agent in 2016

    Demetrius Brown

    CLRE Corporation

    (310) 974-0300

    2 in this area

    23 Total Sales

    Demetrius Brown
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15158136

California Regional Multiple Listing Service (CRMLS)

APN: 4087-002-003

California Los Angeles County Torrance 90504 North Torrance

3688 Redondo Beach Blvd, Torrance, CA

This home is located at 3688 Redondo Beach Blvd, Torrance, CA 90504 since 13 December 2015 and is currently estimated at $1,649,453, approximately $469 per square foot. This property was built in 1958. 3688 Redondo Beach Blvd is a home located in Los Angeles County with nearby schools including Evelyn Carr Elementary School, Philip Magruder Middle School, and North 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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