$6,000,000 Price Analysis   ♡   Redondo Beach, CA 90277 12 bed 8 bath 6,628 SqFt ($905/SqFt) 8,991SqFt lot. Built 1954 Listed 2024-01-29, Taxes $20,847 | Ⓧ USDA Ineligible due to price & location near Redondo Beach |
Super desirable 8 unit apartment building 4 lots in from th Esplanade.
4 two bedroom 1 bath units and 4 1 bedroom 1 bath units. Some units have ocean view. Covered parking in the back for 7 cars.
laundry room attached to building. Lots of upside potential. Walk to the beach and Riviera shops and restaurants. Unit #5 has been renovated.
Presented by Stephen Day at
Day & Associates.
Property MLS #SB24012459 from CRMLS
Bedrooms: 12
Appliances: Gas Range
Appliances YN: Yes
Laundry Features: Common Area, Individual Room
Appliances YN: Yes
Laundry Features: Common Area, Individual Room
Full Bathrooms: 8
Fencing: Fence YN: Yes, Fencing: Block, Chain Link
Road Frontage Type: City Street
Road Surface Type: Paved
Road Frontage Type: City Street
Road Surface Type: Paved
Carport Spaces: 7
Parking Features: Parking YN: Yes, Parking Features: Built-In Storage, Detached Carport, Covered, Driveway, Paved
Parking Total: 7
Parking Features: Parking YN: Yes, Parking Features: Built-In Storage, Detached Carport, Covered, Driveway, Paved
Parking Total: 7
Lot Description: 6-10 Units/Acre
Lot Size Acres: 0.206405
Lot Size Source: Assessor
Lot Size Square Feet: 8991
Lot Size Acres: 0.206405
Lot Size Source: Assessor
Lot Size Square Feet: 8991
View: Ocean
Number of Units: 8
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Calculated Total Monthly Association Fees: 0
Gardener Expense: 2470.00
Maintenance Expense: 24450.00
Gardener Expense: 2470.00
Maintenance Expense: 24450.00
Tenant Pays: Cable TV, Electricity, Gas
Community Features: Biking, Curbs, Dog Park, Sidewalks, Storm Drains, Street Lights
Source Listing Status: Active
County: Los Angeles
Cap Rate: 2.23
Source Property Type: Residential Income
Insurance Expense: 8076.00
Area: 157 - S Redondo Bch W of PCH
Source Neighborhood: 157 - S Redondo Bch W of PCH
New Taxes Expense: 71400.00
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 1
Parcel Number: 7511016004
Postal Code Plus 4: 5309
Professional Management Expense: 12225.00
Trash Expense: 2871.00
Zoning: RBRMD
Source System Name: C2C
County: Los Angeles
Cap Rate: 2.23
Source Property Type: Residential Income
Insurance Expense: 8076.00
Area: 157 - S Redondo Bch W of PCH
Source Neighborhood: 157 - S Redondo Bch W of PCH
New Taxes Expense: 71400.00
Number of Separate Electric Meters: 8
Number of Separate Gas Meters: 8
Number of Separate Water Meters: 1
Parcel Number: 7511016004
Postal Code Plus 4: 5309
Professional Management Expense: 12225.00
Trash Expense: 2871.00
Zoning: RBRMD
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,249,780 + $416,581 $1,666,361 | $20,847 |
| 2021 | $1,225,275 + $408,413 $1,633,688 | $20,686 |
| 2020 | $1,212,712 + $404,226 $1,616,938 | $20,709 |
| 2019 | $1,188,934 + $396,300 $1,585,234 | $20,314 |
| 2018 | $1,165,622 + $388,530 $1,554,152 | $19,753 |
| 2017 | $1,142,767 + $380,912 $1,523,679 | $19,428 |
| 2016 | $1,120,360 + $373,444 $1,493,804 | $19,080 |
| 2015 | $1,103,532 + $367,835 $1,471,367 | $18,753 |
| 2014 | $1,081,916 + $360,630 $1,442,546 | $18,558 |
| 2013 | $1,077,027 + $359,001 $1,436,028 | $18,242 |
| 2012 | $1,055,909 + $351,962 $1,407,871 | $17,632 |
| 2010 | $1,035,205 + $345,061 $1,380,266 | $16,744 |
| 2009 | $1,029,910 + $343,297 $1,373,207 | $16,487 |
| 2009 | $1,027,469 + $342,483 $1,369,952 | $16,487 |
| 2008 | $1,009,716 + $336,566 $1,346,282 | $16,070 |
| 2007 | $989,918 + $329,967 $1,319,885 | $15,358 |
Listed 2024-01-29
$6,000,000
CRMLS
Sold 1991-07-30
$1,000,000
Public Record
$6,000,000
CRMLS
Sold 1991-07-30
$1,000,000
Public Record
Net Operating Income: 134010.00
Total Square Feet Living: 6628
Year Built: 1954
Building Features: 1
Common Walls: 2+ Common Walls
Direction Faces: West
Entry Level: 1
Entry Location: street
Property Age: 70
Property Attached: Yes
Property Condition: Repairs Cosmetic
Roof: Composition, Flat
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Year Built: 1954
Building Features: 1
Common Walls: 2+ Common Walls
Direction Faces: West
Entry Level: 1
Entry Location: street
Property Age: 70
Property Attached: Yes
Property Condition: Repairs Cosmetic
Roof: Composition, Flat
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Electric Expense: 1200.00
Sewer: Sewer: Sewer Paid, Water Sewer Expense: 3346.00
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Private
Sewer: Sewer: Sewer Paid, Water Sewer Expense: 3346.00
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Private
Tulita Elementary School is a public elementary school located approximately 0.8 miles away.
Map directions
Map directionsRedondo Union High School is a public high school located approximately 2 miles away.
Map directions
Map directionsParras (Nick G.) Middle School is a public middle school located approximately 2.1 miles away.
Map directions
Map directionsRiviera Hall Lutheran is a private elementary and middle 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.