$1,999,000 Price Analysis   ♡   Redondo Beach, CA 90277 4 bed 4 bath 1,008 SqFt ($1983/SqFt) 6,397SqFt lot. Built 1917 Listed 2024-05-02, Taxes $18,702 | Ⓧ USDA Ineligible due to price & location near Redondo Beach |
Two blocks from the beach
This 100 year old income producing property can be used in so many ways! Strictly rental income, owner occupied + ncome or development opportunity. Property is designated on the historical gold list - Class C. City of Redondo Beach records show subject property is a single-family home and zoned R3.
Sellers dis close an additional 3 standalone units on property may be non-conforming. Additional units include two 1bdr 1bath units and one studio. All units have been partially updated. All tenants under one year lease agreements, except for front house moving 15th of May.
Presented by Jeanevra Calhoun at
Beach City Brokers.
Property MLS #SB24088634 from CRMLS
Bedrooms: 4
Appliances: Dishwasher, Freezer, Disposal, Gas Range, Refrigerator
Appliances YN: Yes
Laundry Features: Community, Individual Room, Washer Hookup, Washer Included
Appliances YN: Yes
Laundry Features: Community, Individual Room, Washer Hookup, Washer Included
Full Bathrooms: 4
Heating Features: Natural Gas
Heating: Yes
Heating: Yes
Across the Road from Lake/Ocean
Other Structures: Shed(s), Storage
Road Frontage Type: City Street
Road Surface Type: Paved
Road Frontage Type: City Street
Road Surface Type: Paved
Lot Description: Back Yard, Front Yard, Lawn, Near Public Transit, Park Nearby, Sprinkler System
Lot Size Acres: 0.1468549
Lot Size Dimensions: 40x160
Lot Size Source: Assessor
Lot Size Square Feet: 6397
Lot Size Acres: 0.1468549
Lot Size Dimensions: 40x160
Lot Size Source: Assessor
Lot Size Square Feet: 6397
Parking Features: Parking Features: Driveway, Concrete, Street
Parking Total: 2
Parking Total: 2
View: Neighborhood
Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 3000.00
Maintenance Expense: 3000.00
Number of Units Leased: 4
Tenant Pays: Cable TV, Telephone
Tenant Pays: Cable TV, Telephone
Community Features: Curbs, Sidewalks, Street Lights
Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.03
Source Property Type: Residential Income
Inclusions: Refrigerators, Dishwashers, Furnaces & Ranges not warrantied or guaranteed
Insurance Expense: 815.00
Area: 157 - S Redondo Bch W of PCH
Source Neighborhood: 157 - S Redondo Bch W of PCH
New Taxes Expense: 22388.00
Parcel Number: 7508012027
Postal Code Plus 4: 3717
Zoning: RBR-3A
Source System Name: C2C
County: Los Angeles
Cap Rate: 4.03
Source Property Type: Residential Income
Inclusions: Refrigerators, Dishwashers, Furnaces & Ranges not warrantied or guaranteed
Insurance Expense: 815.00
Area: 157 - S Redondo Bch W of PCH
Source Neighborhood: 157 - S Redondo Bch W of PCH
New Taxes Expense: 22388.00
Parcel Number: 7508012027
Postal Code Plus 4: 3717
Zoning: RBR-3A
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $323,500 + $1,294,001 $1,617,501 | $18,702 |
| 2021 | $317,157 + $1,268,629 $1,585,786 | $18,292 |
| 2020 | $313,905 + $1,255,621 $1,569,526 | $18,296 |
| 2019 | $307,750 + $1,231,001 $1,538,751 | $17,896 |
| 2018 | $301,716 + $1,206,864 $1,508,580 | $17,412 |
| 2017 | $295,800 + $1,183,200 $1,479,000 | $17,140 |
| 2016 | $98,479 + $1,116,775 $1,215,254 | $14,264 |
| 2015 | $97,000 + $1,100,000 $1,197,000 | $14,004 |
| 2014 | $37,175 + $77,575 $114,750 | $1,968 |
| 2013 | $37,007 + $77,225 $114,232 | $1,903 |
| 2012 | $36,282 + $75,711 $111,993 | $1,830 |
| 2010 | $35,571 + $74,227 $109,798 | $1,746 |
| 2009 | $35,390 + $73,849 $109,239 | $1,707 |
| 2009 | $35,306 + $73,673 $108,979 | $1,707 |
| 2008 | $34,697 + $72,401 $107,098 | $1,659 |
| 2007 | $34,017 + $70,982 $104,999 | $1,572 |
Price Changed for rent 2024-05-20
$3,700
TurboTenant
Price Changed for rent 2024-05-08
$3,600
TurboTenant
Price Changed for rent 2024-05-03
$3,700
TurboTenant
Listed 2024-05-02
$1,999,000
CRMLS
Price Changed for rent 2024-04-23
$3,750
TurboTenant
Listed for rent 2024-04-16
$3,800
TurboTenant
Listing removed 2023-09-16
$0
CRMLS
Listing removed 2023-09-16
$0
CRMLS
Listed 2023-06-01
$2,121,000
CRMLS
Listed 2023-06-01
$2,121,000
CRMLS
Listing removed 2021-08-10
$0
TurboTenant
Listed for rent 2021-07-30
$3,200
TurboTenant
Listing removed 2021-07-27
$0
TurboTenant
Listed for rent 2021-07-16
$3,200
TurboTenant
Sold 2016-05-10
$1,400,000
CRMLS
Sold 2014-11-06
$2,800,000
Public Record
$3,700
TurboTenant
Price Changed for rent 2024-05-08
$3,600
TurboTenant
Price Changed for rent 2024-05-03
$3,700
TurboTenant
Listed 2024-05-02
$1,999,000
CRMLS
Price Changed for rent 2024-04-23
$3,750
TurboTenant
Listed for rent 2024-04-16
$3,800
TurboTenant
Listing removed 2023-09-16
$0
CRMLS
Listing removed 2023-09-16
$0
CRMLS
Listed 2023-06-01
$2,121,000
CRMLS
Listed 2023-06-01
$2,121,000
CRMLS
Listing removed 2021-08-10
$0
TurboTenant
Listed for rent 2021-07-30
$3,200
TurboTenant
Listing removed 2021-07-27
$0
TurboTenant
Listed for rent 2021-07-16
$3,200
TurboTenant
Sold 2016-05-10
$1,400,000
CRMLS
Sold 2014-11-06
$2,800,000
Public Record
Net Operating Income: 80645.00
Total Square Feet Living: 1008
Year Built: 1917
Building Features: 4
Common Walls: No Common Walls
Entry Level: 1
Entry Location: street
Property Age: 107
Levels or Stories: One
Building Total Stories: 1
Structure Type: Single Family Residence
Year Built Source: Public Records
Year Built: 1917
Building Features: 4
Common Walls: No Common Walls
Entry Level: 1
Entry Location: street
Property Age: 107
Levels or Stories: One
Building Total Stories: 1
Structure Type: Single Family Residence
Year Built Source: Public Records
Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Public
Cable Connected
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Public
Alta Vista Elementary School is a public elementary school located approximately 0.6 miles away.
Map directions
Map directionsRedondo Union High School is a public high school located approximately 0.7 miles away.
Map directions
Map directionsParras (Nick G.) Middle School is a public middle school located approximately 0.8 miles away.
Map directions
Map directionsSouth Bay Faith Academy is a private elementary, middle and high school located approximately 0.2 miles away.
Map directions
Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.