NOT LISTED FOR SALE

522 S Broadway Redondo Beach, CA 90277

Estimated Value: $1,260,000 - $1,523,000

2 Beds
2 Baths
918 Sq Ft
$1,477/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $1,280,000 $1,394 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,458/month

38 Days on Market

About This Home

As of March 2024

Pleased to present our newest exclusive listing in the highly sought after south Redondo Beach sub market. This Spanish style charmer sits seconds from the beautiful Pacific Ocean and is located in a treelined and picturesque quiet residential neighborhood. The property boasts a standalone 2 bedroom 1 bathroom bungalow and a rear studio bungalow, both have been renovated in the past 5 years. Additionally the property has a 4 year old roof and many other major improvements have been made. If you're looking for true value west of PCH, look no further.

Last Listed By

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 02/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,273

Year Built

  • Built in 1924

Lot Details

  • 1,922

Interior Spaces

  • 918 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1,922 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7508-013-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,273

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 918
  • Lot Acreage: 0.0441
  • Year Built: 1924
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven, Refrigerator, Microwave, Garbage Disposal
  • Price Per S Q F T: 1410.68

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 68.75
  • Assessed Improvement Value: 613534
  • Assessed Land Percent: 31.25
  • Assessed Land Value: 278879
  • Total Assessed Value: 892413
  • Assessor Parcel Number: 7508-013-011
  • Lot Size Area: 1922

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 21.39
  • Number Of Units: 2
  • Total Annual Expense: 20230
  • Type Of Units: Standard
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 19, 2024
Sold by
Eugene & Lily Woo Living Trust
Bought by
Akture Alper and Chang Camilla
Seller's Agent
Jonathan Weir
Marcus & Millichap
Buyer's Agent
Jonathan Weir
Marcus & Millichap
List Price
$1,295,000
Sold Price
$1,280,000
Premium/Discount to List
-$15,000
-1.16%
Total Days on Market
38
Views
85
Current Estimated Value
$1,356,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,180
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Apr 15, 2017
Sold by
Woo Eugene C and The Eugene & Lily Woo Living T
Bought by
Woo Eugene C and The Eugene & Lily Woo Living T

Purchase Details

Listed on
Sep 21, 2016
Closed on
Oct 20, 2016
Sold by
Klein Ronald
Bought by
Woo Eugene C and The Eugene & Liliy Woo Living
Seller's Agent
Cari Corbalis
Vista Sotheby’s International Realty
Buyer's Agent
Jenny Yamada-Clayton
Estate Properties
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Jan 13, 2000
Sold by
Bradley Richard C and Bradley Linda
Bought by
Klein Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6%

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
Akture Alper $1,280,000 Ticor Title Company
Woo Eugene C $200,000 None Available
Woo Eugene C $800,000 Progressive Title Company
Klein Ronald $295,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woo Eugene C $460,000
Previous Owner Klein Ronald $200,000
Previous Owner Klein Ronald $100,000
Previous Owner Klein Ronald $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $1,280,000 -1.2% $1,394 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $1,295,000 +61.9% $1,411 / Sq Ft
10/28/2016 10/28/16 Sold $800,000 +0.1% $871 / Sq Ft
10/02/2016 10/02/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $799,000 -- $870 / Sq Ft
Source: The MLS

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
2024 $11,273 $910,260 $284,456 $625,804
2023 $11,075 $892,413 $278,879 $613,534
2022 $10,847 $874,915 $273,411 $601,504
2021 $10,617 $857,760 $268,050 $589,710
2020 $10,584 $848,966 $265,302 $583,664
2019 $10,331 $832,320 $260,100 $572,220
2018 $10,058 $816,000 $255,000 $561,000
2016 $5,187 $383,002 $363,533 $19,469
2015 $5,104 $377,250 $358,073 $19,177
2014 $5,031 $369,861 $351,059 $18,802
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Weir

    Seller's Agent in 2024

    Jonathan Weir

    Marcus & Millichap

    (310) 909-5500

    3 in this area

    66 Total Sales

    Jonathan Weir
    Section Image
  • Cari Corbalis

    Seller's Agent in 2016

    Cari Corbalis

    Vista Sotheby’s International Realty

    (310) 704-4014

    22 in this area

    243 Total Sales

    Cari Corbalis
    Section Image
  • Brittney Austin

    Seller Co-Listing Agent in 2016

    Brittney Austin

    Vista Sotheby’s International Realty

    (310) 938-9167

    23 in this area

    191 Total Sales

    Brittney Austin
    Section Image
  • Jenny Yamada-Clayton

    Buyer's Agent in 2016

    Jenny Yamada-Clayton

    RE/MAX

    (310) 251-3345

    4 in this area

    116 Total Sales

    Jenny Yamada-Clayton
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-357416

The MLS

APN: 7508-013-011

California Los Angeles County Redondo Beach 90277

522 S Broadway, Redondo Beach, CA

Homes for Sale in Redondo Beach, CA

This home is located at 522 S Broadway, Redondo Beach, CA 90277 since 09 February 2024 and is currently estimated at $1,356,180, approximately $1,477 per square foot. This property was built in 1924. 522 S Broadway 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.

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