NOT LISTED FOR SALE

Redondo Beach, CA 90277

Estimated Value: $4,836,347 - $4,840,000

19 Beds
20 Baths
6,584 Sq Ft
$735/Sq Ft Est. Value

Sale Details

Date Sold: November 21, 2024

Last sale price $4,910,000 $746 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $30,929 / mo

109 Days on Market

Highlights

  • Deck
  • Solar Heating System
  • 3-minute walk to Vincent Park
  • Beryl Heights Elementary School Rated A

About This Home

As of November 2024

125 N. Broadway Ave. is in the Redondo Beach submarket of Los Angeles. This trophy-location apartment building offers 17 bachelor units and 3 additional detached studios totaling 20 units. Out of these 20 units, 18 of them will be delivered vacant. Most units have been lightly renovated, the seller has updated the roof and major systems, and a solar panel system offsets utility expense. The property is zoned R-3A allowing a range of residential uses including furnished short-term rentals (buyer to verify).125 N Broadway Ave., offers easy access to the city's vibrant culture and atmosphere. The surrounding area is a haven for beach lovers, with its proximity to the beautiful Redondo Beach coastline. Residents can enjoy swimming, sunbathing, surfing, and all the other delights of Southern California living. Beyond the beach, the area boasts a variety of shops, restaurants, and entertainment options, ensuring there's something for everyone. The Southern California coastline offers a trifecta of beach experiences. The iconic Redondo Beach Pier beckons with stunning Pacific Ocean views, inviting strolls, fishing opportunities, and a vibrant collection of shops and restaurants. For a nautical adventure, head to the Redondo Beach Harbor, where marinas, rentals, and sportfishing charters set sail. Or, soak up the relaxed vibes and world-class surfing scene in neighboring Hermosa Beach, which also boasts a charming selection of shops and eateries.

Last Agent to Sell the Property

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 04/22/2024

Last Buyer's Agent

Benjamin Lester

Kape Property Management, Inc. License #02033314

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,114

Interior Spaces

  • 20 Bathrooms
  • 6,584 Sq Ft Home
  • 2-Story Property
  • Kitchenette

Additional Features

  • Solar Heating System
  • Deck
  • 7,114 Sq Ft Lot

Community Details

  • 2 Buildings
  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 7505-006-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

7,114 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two, Multi/Split
  • Living Area: 6584
  • Lot Acreage: 0.1633
  • Probate: No
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Kitchen Features: Counter Top, Kitchenette
  • Total Bathrooms: 20.00
  • Price Per S Q F T: 757.90

Exterior Features

  • Other Structures: None
  • Patio: Deck(s)

Utilities

  • Heating: Solar

Lot Info

  • Assessed Improvement Percent: 55.24
  • Assessed Improvement Value: 244606
  • Assessed Land Percent: 44.76
  • Assessed Land Value: 198172
  • Total Assessed Value: 442778
  • Assessor Parcel Number: 7505-006-005
  • Lot Size Area: 7114

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.98
  • Number Of Units: 20
  • Type Of Units: BCH/1BA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Nov 12, 2024
Sold by
Herrera Living Trust and Herrera Donna
Bought by
Ellis Daulton Llc
Seller's Agent
Adam Peterson
CB Richard Ellis, Inc.
Buyer's Agent
Benjamin Lester
Kape Property Management, Inc.
List Price
$5,300,000
Sold Price
$4,910,000
Premium/Discount to List
-$390,000
-7.36%
Views
11
Current Estimated Value
$4,789,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$120,461
Avg. Annual Appreciation
-0.96%
Original Mortgage
$3,258,000
Outstanding Balance
$3,207,227
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,630,947

Purchase Details

Closed on
Feb 1, 2019
Sold by
Herrera Donna
Bought by
Herrera Donna and Herrera Living Trust

Purchase Details

Closed on
Apr 7, 2017
Sold by
Herrera Donna and The Wynkoop Trust
Bought by
Herrera Donna

Purchase Details

Closed on
Aug 14, 1998
Sold by
Wynkoop Stanley A and Wynkoop Trust
Bought by
Wynkoop Stan and Wynkoop Trust

Purchase Details

Closed on
Nov 19, 1996
Sold by
Wynkoop Stanley A and Wynkoop Stan
Bought by
Wynkoop Stan and Wynkoop Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Ellis Daulton Llc $4,910,000 Chicago Title
Ellis Daulton Llc $4,910,000 Chicago Title
Herrera Donna -- None Available
Herrera Donna -- None Available
Wynkoop Stan -- --
Wynkoop Stan -- --
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 Ellis Daulton Llc $3,258,000
Closed Ellis Daulton Llc $3,258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2024 11/21/24 Sold $4,910,000 -1.6% $746 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/01/2024 07/01/24 Price Changed $4,990,000 -5.8% $758 / Sq Ft
04/22/2024 04/22/24 For Sale $5,300,000 -- $805 / Sq Ft
Source: The MLS

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 $59,508 $4,910,000 $3,930,000 $980,000
2024 $9,166 $451,633 $202,135 $249,498
2023 $9,074 $442,778 $198,172 $244,606
2022 $9,006 $434,097 $194,287 $239,810
2021 $9,648 $425,586 $190,478 $235,108
2019 $9,526 $413,995 $184,829 $229,166
2018 $9,342 $405,898 $181,205 $224,693
2016 $8,685 $389,148 $174,169 $214,979
2015 $8,580 $383,303 $171,553 $211,750
2014 $8,631 $375,796 $168,193 $207,603
Source: Public Records

Agents Affiliated with this Home

  • Adam Peterson

    Seller's Agent in 2024

    Adam Peterson

    CB Richard Ellis, Inc.

    (310) 954-7031

    1 in this area

    20 Total Sales

    Adam Peterson
    Section Image
  • Benjamin Lester

    Buyer's Agent in 2024

    Benjamin Lester

    Kape Property Management, Inc.

    (310) 482-2500

    3 in this area

    15 Total Sales

    Benjamin Lester
    Section Image

  • N

    Buyer Co-Listing Agent in 2024

    Noam Srolovitz

    Kape Property Management, Inc.

    (908) 227-5950

    5 in this area

    30 Total Sales

    Noam Srolovitz
    Section Image
See All Agents

Source: The MLS

MLS Number: 24-398247

The MLS

APN: 7505-006-005

California Los Angeles County Redondo Beach

90277

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.