NOT LISTED FOR SALE

Estimated Value: $1,896,615

5 Beds
3 Baths
1,979 Sq Ft
$958/Sq Ft Est. Value

Sale Details

Date Sold: June 9, 2020

Last sale price $1,395,000 $705 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $12,257 / mo

59 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 4-minute walk to Vincent Park
  • Beryl Heights Elementary School Rated A
  • Front Yard

About This Home

As of June 2020

Nestled in an idyllic Eucalyptus tree-lined location, you will find this rare street-to-street duplex. Each unit is delightfully unique and faces a different street. 603 El Redondo Ave. came first and is loaded with charm while being updated with modern amenities. It features an efficient, yet enjoyable, floorplan with indoor-outdoor flow to the front and back yards. The dining room opens to an inviting side deck via French doors. Additional amenities include gleaming hardwood flooring, a fireplace with built-ins and faux turf. This would make an ideal owner's home while the back unit works well as the cash cow. Boasting four bedrooms, two bathrooms, 802 Spencer St. has its own entrance, driveway and garage. Each level offers two bedrooms and a hall bathroom, ideal for roommates, with plenty of living space that opens to a balcony. One of the few remaining duplexes in this A+ residential area surrounded by multi-million dollar homes and townhomes. Just a few blocks to award-winning schools, stores, restaurants, the Redondo Beach Pier, King Harbor Marina and the best of the beach lifestyle. Do not miss your opportunity to secure this extraordinary gem of a multifamily find.

Last Agent to Sell the Property

Gabrielle Herendeen

Estate Properties License #01325858 Listed on: 03/11/2020

Estate Properties

Last Buyer's Agent

Natasha Gwilt

eXp Realty of California Inc License #01988779

eXp Realty of California Inc

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 3,088 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,979 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 8 / 102
  • Tax Tract Number 612
  • Assessor Parcel Number 7504012009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Water Sewer Expense $750
  • New Taxes Expense $16,000
  • Operating Expense $17,850
  • Gross Income $74,400
  • Net Operating Income $56,550

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

3,088 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 750.00
  • Zoning: RBR-3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7504012009
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Price Per Square Foot: 704.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3088.00
  • Lot Size Acres: 0.0709

Multi Family

  • Gross Income: 74400.00
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 3088.0000 Square Feet
  • Net Operating Income: 56550.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 17850.00
  • Rent Control: Yes
  • Total Expenses: 17850.00

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Block: 102
  • Tax Census Tract: 6212.01
  • Tax Lot: 8
  • Tax Tract Number: 612.01

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 28, 2020
Sold by
Roberts Jason Christopher
Bought by
Seller's Agent
Gabrielle Herendeen
Estate Properties
Buyer's Agent
Natasha Gwilt
eXp Realty of California Inc
List Price
$1,399,000
Sold Price
$1,395,000
Premium/Discount to List
-$4,000
-0.29%
Current Estimated Value
$1,896,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$501,615
Avg. Annual Appreciation
5.01%
Original Mortgage
$1,427,085
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Feb 13, 2014
Closed on
May 21, 2014
Sold by
Haynes James T and Haynes Christie L
Bought by
Roberts Jason Christopher
Seller's Agent
cecily lee
Estate Properties
Buyer's Agent
Gabrielle Herendeen
Estate Properties
List Price
$1,069,000
Sold Price
$990,000
Premium/Discount to List
-$79,000
-7.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$742,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2004
Sold by
Chelebian Gail
Bought by
Haynes James T and Haynes Christie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,200
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1999
Sold by
Shafner Gary A and Runyon Dawn M
Bought by
Chelebian Gail

Purchase Details

Closed on
Apr 22, 1999
Sold by
Shafner Gary A and Chelebian Steve
Bought by
Chelebian Gail

Purchase Details

Closed on
May 3, 1993
Sold by
State Street Bank & Trust
Bought by
Shafner Gary A and Runyon Dawn M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Redondo Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,395,000 Consumers Title Company
Roberts Jason Christopher $990,000 Pacific Coast Title
Haynes James T $859,000 Fidelity National Title Co
Chelebian Gail $340,000 Investors Title Company
Chelebian Gail -- Investors Title Company
Shafner Gary A $225,000 Investors Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,408,708
Closed Monroe Daniel P $1,427,085
Previous Owner Roberts Jason Christopher $742,500
Previous Owner Haynes James T $702,000
Previous Owner Haynes James T $687,200
Previous Owner Chelebian Gail $466,200
Previous Owner Chelebian Gail $435,000
Previous Owner Chelebian Gail $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2020 06/09/20 Sold $1,395,000 +1.5% $705 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
04/27/2020 04/27/20 Price Changed $1,374,000 -1.8% $694 / Sq Ft
03/11/2020 03/11/20 For Sale $1,399,000 +41.3% $707 / Sq Ft
05/31/2014 05/31/14 Sold $990,000 -7.4% $500 / Sq Ft View Prior Sale
04/29/2014 04/29/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $1,069,000 -- $540 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,585 $1,556,143 $1,227,068 $329,075
2025 $18,585 $1,525,631 $1,203,008 $322,623
2024 $17,796 $1,495,718 $1,179,420 $316,298
2023 $17,473 $1,466,392 $1,156,295 $310,097
2022 $17,158 $1,437,640 $1,133,623 $304,017
2021 $16,768 $1,409,452 $1,111,396 $298,056
2020 $13,496 $1,109,681 $829,460 $280,221
2019 $13,181 $1,087,924 $813,197 $274,727
2018 $12,830 $1,066,593 $797,252 $269,341
2016 $12,423 $1,025,178 $766,295 $258,883
2015 $12,203 $1,009,780 $754,785 $254,995
2014 $11,955 $976,753 $718,638 $258,115
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20054401

California Regional Multiple Listing Service (CRMLS)

APN: 7504-012-009

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