$1,100,000

Estimated payment $6,938/month

5 Beds
2 Baths
2,193 Sq Ft
$502 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Living Room
  • Bungalow

About This Home

Great investment opportunity east of Redondo. Eastside 3-unit Craftsman style buildings with side-by-side duplex in front and separate detached 1 bedroom 1 bath house in the back with shared yard. New paint outside 2025. The lot total is 6,507. The north side unit of the duplex at 928 Newport is an updated 1 bedroom 1 bath with recessed lighting, hook ups for a stackable washer and dryer in the kitchen, stainless double sinks and plush carpet. 926, next door is a 3-bedroom 1 bath. One of the three bedrooms at 926 is junior sized but does have a closet. It too has double sinks in the kitchen and washer and dryer hookups. The total square footage of the front two units according to the assessor is 1,593. Both units enjoy lots of natural light, ceiling fans and stoves. The back house (926 1/2) is a one bedroom one bath with approx.600 square feet facing courtyard. There is a single garage currently being used by the owner that will be cleared prior to close. On the north side of 926 1/2 is a parking pad currently rented by one of the tenants for $200 per month. The separate house at 926 1/2 is equipped with washer and dryer hook ups and stove. The property has been with the same owners for the past 36 years. Automatic sprinklers in front yard. This property represents an opportunity for a first-time investor looking to get started. Live in one, rent out the remaining two.

Listing Agent

Craig Smith

Coldwell Banker Realty Brokerage Phone: 562-212-4093 License #00543003 Listed on: 02/03/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,507 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Bungalow
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,193 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Paved Parking

Utilities

  • Floor Furnace
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1
  • Assessor Parcel Number 7258009004
  • $749 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Eastside Subdivision

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,018
  • Water Sewer Expense $912
  • New Taxes Expense $13,750
  • Operating Expense $15,262
  • Gross Income $75,420
  • Net Operating Income $59,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Eastside (ES)
  • View: No
  • Water Sewer Expenses: 912.00
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7258009004
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 501.60
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6507.00
  • Lot Size Acres: 0.1494

Multi Family

  • Gross Income: 75420.00
  • Gross Scheduled Income: 75420.00
  • Insurance Expense: 1018.00
  • Lot Size Area: 6507.0000 Square Feet
  • Net Operating Income: 59140.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 16280.00
  • Rent Control: No
  • Total Actual Rent: 6285.00
  • Total Expenses: 15262.00

Tax Info

  • New Taxes Expense: 13750.00
  • Tax Lot: 4
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 749.00

Map

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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 List to Sale Price per Sq Ft
02/03/2026 02/03/26 For Sale $1,100,000 -- $502 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26020408

California Regional Multiple Listing Service (CRMLS)