NOT LISTED FOR SALE

520 N Irena Ave Unit A Redondo Beach, CA 90277

Estimated Value: $2,405,000 - $3,031,000

6 Beds
4 Baths
3,892 Sq Ft
$719/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $2,200,000 $565 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $17,416/month

143 Days on Market

Highlights

  • Fishing
  • City Lights View
  • Fireplace in Primary Bedroom
  • Beryl Heights Elementary School Rated A+
  • Cape Cod Architecture
  • No HOA

About This Home

As of April 2021

Well maintained property consisting of two 3 bedroom townhome style homes on a lot. Custom built in 1988 and beautifully maintained. The front unit has an ocean view from the balcony and the rear unit has a private enclosed yard. Completely detached, each unit has 1948 sq.ft. of living space. Each has 3bedrooms - 2.5 baths with private attached garage with washer & dryer hookups. Fireplaces. Oversized garage doors.

Last Agent to Sell the Property

Frank Ponce

Coldwell Banker Realty License #00861049 Listed on: 10/30/2020

Coldwell Banker Realty

Last Buyer's Agent

Vida Ahmadi

Vida Realty License #01994524

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $26,094

Year Built

  • Built in 1988

Lot Details

  • 5,910 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Direct Access Garage
  • Parking Available

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Concrete Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,892 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Custom Window Coverings
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Legal Lot and Block 20 / 84
  • Assessor Parcel Number 7503023018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Fishing
  • Hiking Trails

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $850
  • Insurance Expense $3,500
  • Water Sewer Expense $960
  • New Taxes Expense $31,250
  • Operating Expense $5,310
  • Gross Income $94,800
  • Net Operating Income $89,490

Property Details

Home Type

Apartment

Est. Annual Taxes

$26,094

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 960.00
  • Zoning: RBR-3
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 850.00
  • Parcel Number: 7503023018
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Copper Plumbing Full
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 565.26
  • Window Features: Custom Covering, Drapes

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Fishing, Hiking, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5910.00
  • Lot Size Acres: 0.1357

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 94800.00
  • Gross Operating Income: 94800.00
  • Gross Scheduled Income: 94800.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 5910.0000 Square Feet
  • Net Operating Income: 89490.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5310.00
  • Rent Control: No
  • Total Actual Rent: 8000.00
  • Total Expenses: 5310.00

Tax Info

  • New Taxes Expense: 31250.00
  • Tax Block: 84
  • Tax Census Tract: 6212.01
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2020
Closed on
Apr 22, 2021
Sold by
Mendez Irena Duplex Llc
Bought by
Ace And Alpha Properties Llc
Seller's Agent
Frank Ponce
Coldwell Banker Realty
Buyer's Agent
Vida Ahmadi
Vida Realty
List Price
$2,500,000
Sold Price
$2,200,000
Premium/Discount to List
-$300,000
-12%
Current Estimated Value
$2,797,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,207
Avg. Annual Appreciation
3.08%

Purchase Details

Listed on
Sep 17, 2019
Closed on
Sep 16, 2019
Sold by
Mendez Rafael S
Bought by
Mendez Irena Duplex Llc
Seller's Agent
Karen Anderson
Keller Williams Realty
Buyer's Agent
Judith Gottesfeld
Compass
Sold Price
$4,300

Purchase Details

Closed on
Apr 14, 2011
Sold by
Greenup Douglas W and Greenup Nichola C
Bought by
Mendez Rafael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 22, 2004
Sold by
Estate Of Lucila S Villa
Bought by
Greenup Douglas W and Greenup Nichola C

Purchase Details

Closed on
Nov 18, 1998
Sold by
California Canvas Corp
Bought by
Villa Lucila S
Source: Public Records

Range of Values:

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Average Value
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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
Ace And Alpha Properties Llc $2,105,500 Progressive Title Company
Mendez Irena Duplex Llc -- Progressive Title Company
Mendez Irena Duplex Llc -- None Available
Mendez Rafael S $1,175,000 Ticor Title
Greenup Douglas W $1,380,000 --
Villa Lucila S -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Rafael S $325,000
Previous Owner Mendez Rafael S $625,000
Previous Owner Mendez Rafael S $647,000
Previous Owner Mendez Rafael S $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $2,200,000 -6.3% $565 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
11/24/2020 11/24/20 Price Changed $2,349,000 -2.1% $604 / Sq Ft
11/09/2020 11/09/20 Price Changed $2,399,000 -4.0% $616 / Sq Ft
10/30/2020 10/30/20 For Sale $2,500,000 0.0% $642 / Sq Ft
10/20/2019 10/20/19 Rented $4,300 -2.3% --
10/08/2019 10/08/19 Under Contract -- -- --
09/17/2019 09/17/19 For Rent $4,400 +2.3% --
08/15/2018 08/15/18 Rented $4,300 0.0% --
08/14/2018 08/14/18 Under Contract -- -- --
08/08/2018 08/08/18 For Rent $4,300 -- --
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 $26,094 $2,278,518 $1,515,404 $763,114
2024 $26,094 $2,233,842 $1,485,691 $748,151
2023 $25,615 $2,190,042 $1,456,560 $733,482
2022 $25,188 $2,147,100 $1,428,000 $719,100
2021 $16,749 $1,390,732 $1,272,376 $118,356
2020 $16,723 $1,376,473 $1,259,330 $117,143
2019 $16,344 $1,349,485 $1,234,638 $114,847
2018 $15,864 $1,323,026 $1,210,430 $112,596
2016 $15,345 $1,271,654 $1,163,429 $108,225
2015 $15,072 $1,252,554 $1,145,954 $106,600
2014 $14,855 $1,228,019 $1,123,507 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20227751

California Regional Multiple Listing Service (CRMLS)

APN: 7503-023-018