NOT LISTED FOR SALE

508 S Catalina Ave Redondo Beach, CA 90277

Estimated Value: $2,283,000 - $2,428,213

5 Beds
5 Baths
2,850 Sq Ft
$824/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $2,205,000 $774 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $14,645/month

4 Days on Market

Highlights

  • Craftsman Architecture
  • Lawn
  • Laundry Room
  • Alta Vista Elementary School Rated A+
  • No HOA
  • Landscaped

About This Home

As of September 2022

Gorgeous Craftsman home with 2 rental apartments 1 block to beach.

Last Agent to Sell the Property

Jim Gallagher

Jim Gallagher License #00472274 Listed on: 07/25/2022

Last Buyer's Agent

Steve Thorn

Merit Real Estate License #02002405

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,705

Year Built

  • Built in 1956

Lot Details

  • 5,737 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Three Garage Doors

Home Design

  • 2,850 Sq Ft Home
  • Triplex
  • Craftsman Architecture
  • Asbestos Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 3797
  • Assessor Parcel Number 7508010016
  • $13,156 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $38,102
  • Net Operating Income $88,906

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,705

Year Built

Built in 1956

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 716667
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Water Sewer Expenses: 1.00
  • Zoning: RBR-3A
  • Architectural Style: Craftsman
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7508010016
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 773.68

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Asbestos Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Three Door, On Site
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn
  • Lot Size Sq Ft: 5737.00
  • Lot Size Acres: 0.1317

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Scheduled Income: 129600.00
  • Insurance Expense: 1.00
  • Lot Size Area: 5737.0000 Square Feet
  • Net Operating Income: 88906.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 38102.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Expenses: 38102.00

Tax Info

  • Tax Census Tract: 6213.24
  • Tax Lot: 19
  • Tax Tract Number: 3797
  • TaxOtherAnnualAssessmentAmount: 13156.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Aug 12, 2022
Sold by
Mcvay Three Llc
Bought by
Kks Property Holdings Llc
Seller's Agent
Jim Gallagher
Jim Gallagher
Buyer's Agent
Steve Thorn
Merit Real Estate
List Price
$2,150,000
Sold Price
$2,205,000
Premium/Discount to List
$55,000
2.56%
Views
5
Current Estimated Value
$2,349,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,553
Avg. Annual Appreciation
2.11%
Original Mortgage
$1,543,500
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2021
Sold by
Mcvay Emily and Mcvay Joshua
Bought by
Mcvay Three Llc

Purchase Details

Closed on
Jul 16, 2021
Sold by
Mcvay Emily and Mcvay Joshua
Bought by
Mcvay Three Llc

Purchase Details

Closed on
Jul 3, 2021
Sold by
Patricia R Mcvay Trust and The Patricia R Mcvay Trust
Bought by
Mcvay Emily and Mcvay Joshua

Purchase Details

Closed on
Jul 1, 2015
Sold by
Mcvay Patricia R and Mcvay Kent
Bought by
Mcvay Kent D and The Patricia R Mcvay Trust

Purchase Details

Closed on
Apr 16, 2015
Sold by
Mcvay Patricia R
Bought by
Mcvay Patricia R and Mcvay Kent

Purchase Details

Closed on
Oct 31, 2014
Sold by
Mcvay Patricia R and Patricia R Mcvay Trust
Bought by
Mcvay Patricia R and Mcvay Kent

Purchase Details

Closed on
Mar 19, 2013
Sold by
Mcvay Patricia R
Bought by
Mcvay Patricia R and The Patricia R Mcvay Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,700
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2010
Sold by
Mcvay Patricia R
Bought by
Mcvay Patricia R and The Patricia R Mcvay Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2007
Sold by
Mcvay Patricia R
Bought by
Mcvay Patricia R and The Patricia R Mcvay Trust

Purchase Details

Closed on
Nov 3, 1993
Sold by
Gallagher James and Mcvay Patricia
Bought by
Mcvay Patricia
Source: Public Records

Range of Values:

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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
Kks Property Holdings Llc $2,205,000 Lawyers Title
Mcvay Three Llc -- None Available
Mcvay Three Llc -- None Listed On Document
Mcvay Emily -- None Listed On Document
Mcvay Kent D -- None Available
Mcvay Patricia R -- None Available
Mcvay Patricia R -- None Available
Mcvay Patricia R -- None Available
Mcvay Patricia R -- None Available
Mcvay Patricia R -- None Available
Mcvay Patricia R -- Lawyers Title
Mcvay Patricia R -- Accommodation
Mcvay Patricia R -- Lsi
Mcvay Patricia R -- None Available
Mcvay Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kks Property Holdings Llc $1,543,500
Previous Owner Mcvay Patricia R $311,700
Previous Owner Mcvay Patricia R $319,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $2,205,000 +2.6% $774 / Sq Ft
07/25/2022 07/25/22 For Sale $2,150,000 -- $754 / 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 $26,705 $2,294,082 $1,664,640 $629,442
2024 $26,705 $2,249,100 $1,632,000 $617,100
2023 $26,218 $2,205,000 $1,600,000 $605,000
2022 $13,432 $1,053,069 $717,227 $335,842
2021 $13,156 $1,032,421 $703,164 $329,257
2020 $13,100 $1,021,835 $695,954 $325,881
2019 $12,781 $1,001,800 $682,308 $319,492
2018 $12,401 $982,158 $668,930 $313,228
2016 $11,928 $938,021 $642,955 $295,066
2015 $8,073 $595,681 $513,536 $82,145
2014 $7,960 $584,013 $503,477 $80,536
Source: Public Records

Agents Affiliated with this Home

  • Jim Gallagher

    Seller's Agent in 2022

    Jim Gallagher

    Jim Gallagher

    (310) 802-2522

    1 in this area

    2 Total Sales

    Jim Gallagher
    Section Image
  • Steve Thorn

    Buyer's Agent in 2022

    Steve Thorn

    Merit Real Estate

    (310) 546-6300

    2 in this area

    40 Total Sales

    Steve Thorn
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22163460

California Regional Multiple Listing Service (CRMLS)

APN: 7508-010-016

California Los Angeles County Redondo Beach 90277

508 S Catalina Ave, Redondo Beach, CA

This home is located at 508 S Catalina Ave, Redondo Beach, CA 90277 since 25 July 2022 and is currently estimated at $2,349,553, approximately $824 per square foot. This property was built in 1956. 508 S Catalina 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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