$7,500,000 Price Analysis   ♡   Redondo Beach, CA 90277 13 bed 11 bath 7,900 SqFt ($949/SqFt) 0.34 acre lot. Built 1962 Listed 2024-07-01, Taxes $26,006 | Ⓧ USDA Ineligible due to price & location near Redondo Beach |
11 units.
Trophy property in an impressive South Redondo Beach location 4 short blocks from the sand and close proximity to high end residential and commercial areas. First time available in 20 years. 2 office/retail spaces on PCH with fantastic frontage and signage. All 9 residential units of PCH behind office commercial spaces.
Office space currently used as an insurance office and pi lates studio and approximately 600-800 sq ft each. Residential units are large and recently upgraded including new a/c and heaters in the residential and commercial units. 5 enclosed garages with newer garage doors and an additional 14 on-site parking spaces and a laundry room. Turnkey and rents recently ncreased.
Presented by Gerard Bisignano at
Vista Sotheby's International Realty.
Property MLS #SB24134309 from CRMLS
Lot Size Acres: 0.3407
Lot Size Source: Assessor
Lot Size Square Feet: 14843
Parking Total: 5
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 1
County: Los Angeles
Cap Rate: 3.00
Source Property Type: Residential Income
Insurance Expense: 6871.00
Area: 157 - S Redondo Bch W of PCH
Source Neighborhood: 157 - S Redondo Bch W of PCH
Number of Separate Electric Meters: 11
Number of Separate Gas Meters: 11
Number of Separate Water Meters: 1
Parcel Number: 7508016025
Pest Control Expense: 800.00
Postal Code Plus 4: 4226
Trash Expense: 5424.00
Zoning: RBC-2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $631,863 + $1,476,731 $2,108,594 | $26,006 |
| 2021 | $619,474 + $1,447,776 $2,067,250 | $25,820 |
| 2020 | $613,123 + $1,432,931 $2,046,054 | $25,838 |
| 2019 | $601,101 + $1,404,835 $2,005,936 | $25,461 |
| 2018 | $589,315 + $1,377,290 $1,966,605 | $24,597 |
| 2017 | $577,760 + $1,350,285 $1,928,045 | $24,214 |
| 2016 | $566,432 + $1,323,809 $1,890,241 | $23,796 |
| 2015 | $557,924 + $1,303,925 $1,861,849 | $23,381 |
| 2014 | $546,996 + $1,278,383 $1,825,379 | $23,049 |
| 2013 | $544,524 + $1,272,606 $1,817,130 | $22,753 |
| 2012 | $533,848 + $1,247,653 $1,781,501 | $22,239 |
| 2010 | $523,381 + $1,223,190 $1,746,571 | $21,145 |
| 2009 | $520,705 + $1,216,934 $1,737,639 | $20,775 |
| 2009 | $519,470 + $1,214,049 $1,733,519 | $20,775 |
| 2008 | $510,496 + $1,193,073 $1,703,569 | $20,247 |
| 2007 | $500,487 + $1,169,680 $1,670,167 | $19,423 |
$0
CRMLS
Listed 2024-07-01
$7,500,000
CRMLS
Listed 2023-07-05
$7,500,000
CRMLS
Listing removed 2023-07-02
$0
CRMLS
Price Changed 2023-05-31
$7,500,000
CRMLS
Listed 2022-06-16
$8,500,000
CRMLS
Sold 2001-01-19
$1,485,000
Public Record
Year Built: 1962
Building Features: 4
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: PCH
Property Age: 62
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Commercial/Residential
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 4088.00
Water Source: Public
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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.