NOT LISTED FOR SALE

519 N Lucia Ave Redondo Beach, CA 90277

4 Beds
2 Baths
1,784 Sq Ft
6,188 Sq Ft Lot

Last Sold June 03, 2015

Last sale price $1,100,000 $617 Per Sq Ft

8 Days on Market

Highlights

  • View of Trees or Woods
  • Lawn
  • Laundry Room
  • Beryl Heights Elementary School Rated A+
  • Two Homes on a Lot
  • Shed

About This Home

As of June 2015

Opportunity knocks! Clean duplex on a large 6,188 SqFt lot. Zoned R-3, the City said it could be a 2 townhome development site! Wide, Magnolia tree-lined street with a number of newer 2 on-a-lot townhomes. Freestanding front home is a 2 bedroom, 1 full bathroom, classic California bungalow offering a grassy front yard, front porch, hardwood flooring, living room, sunny kitchen, even a laundry room and rose garden. Back house above the 3 garages is also a 2 bedroom, 1 full bathroom boasting a grassy backyard, fruit tree, large kitchen open to living room with fireplace, nice breeze and tree-top views. Lovely South Redondo location, tucked away on an idyllic street, but close to coveted schools, shopping, fine dining, the beach and marina. First time on the market in over 35 years. Fully rented units can provide income while obtaining approvals and permits for development!

Last Agent to Sell the Property

Gabrielle Herendeen

Estate Properties License #01325858 Listed on: 05/09/2015

Estate Properties

Last Buyer's Agent

esmail soltani

West Shores Realty, Inc. License #01509344

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,188 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Back and Front Yard
  • Value in Land

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Woods
  • Neighborhood

Interior Spaces

  • 1,784 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Shed
  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 10
  • Tax Tract Number 6212
  • Assessor Parcel Number 7502027011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $300
  • Water Sewer Expense $500
  • New Taxes Expense $12,488
  • Gross Income $3,100
  • Net Operating Income $22,912

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 7502027011
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Price Per Square Foot: 616.59

Exterior Features

  • Other Structures: Shed(s), Two On A Lot
  • View: Neighborhood, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Suburban

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Value In Land
  • Lot Size Sq Ft: 6188.00
  • Lot Size Acres: 0.1420

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3100.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6188.0000 Square Feet
  • Net Operating Income: 22912.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 14288.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 12488.00
  • Tax Lot: 10
  • Tax Tract Number: 6212

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2015 06/03/15 Sold $1,100,000 +10.1% $617 / Sq Ft
05/17/2015 05/17/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $999,000 -- $560 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15099408

California Regional Multiple Listing Service (CRMLS)

APN: 7502-027-011