NOT LISTED FOR SALE

Estimated Value: $1,592,000 - $2,217,328

5 Beds
3 Baths
1,968 Sq Ft
$923/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $1,600,000 $813 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,855/month

18 Days on Market

Highlights

  • City Lights View
  • Bamboo Flooring
  • No HOA
  • Jefferson Elementary School Rated A+
  • Corner Lot
  • 4-minute walk to Beverly Parkette

About This Home

As of October 2023

The Most Desirable Ultimate R2 Zoned Income Property in the Golden Hills of Redondo Beach IS AVAILABLE TO YOU NOW! There’s No Comps for this stunning property because nothing compares! Top Dollar Rental Area with great schools in a perfect Location. Hermosa adjacent, close to beach, multiple piers, quick to the 405 & LAX. The Ultimate Distinguished School District Path in the Beach Cities - Jefferson Elementary, Parras Middle, Redondo Union High. 23 years of consistent improvements and care to the property are evident. Marshallfield Lane: 1,000 sf, 2 bed/1 bath, kitchen 3 car spots. Pet Friendly Rental. Modest well-built home with fantastic front yard, mature Avocado Trees, Japanese Persimmon, and lush vegetation. The sun deck and pathway leading up a deck to the side of the house make an excellent run for the dogs straight out of the kitchen. Spacious Living Room off the covered front entry with Halo dimmer lights in the entire house, well-lit and breezy workable kitchen, and laundry ready. 2 Bedrooms with equal square footage and 1 bath with tub/shower, mirrored closet doors and room for King bed and furniture. Attic space above hallway for small item storage. Rent out this small family, pet friendly, cute spacious Home for estimated $3,500 to $4,000/mo. 1107 Harkness Lane: 1,300 sf, 3 bed/2 bath, 2 car garage and carport with gated entrance into a private courtyard surrounded by beautiful huge palms, aloe vera, trees, flowers, and lush bamboo for natural privacy. Living room with chef pass through in the kitchen to the bar top. Master bedroom with slider with a pergola covered exit to the back yard. Custom built-in dresser drawers and entertainment center and closet. Bedroom #2 is spacious with room for a king bed with space on each side. Bedroom #3 can be used as a work space with a built-in desk by the window and inside the closet. The kitchen slider to the backyard which leads to the garage space is handy. Separate laundry area has hookups. Outdoor living space has a granite bar with several patio covers and a pergola area for sunning/shade. Very rentable at estimated $5,500 to $6,000/mo. Close to Beach, this multi-unit investor property has incredible outdoor space and is truly one of the most beautiful plant life properties in the area, giving a true beach feeling which is very rare with most income properties. NO CURRENT LEASE COMMITMENTS. READY FOR EXCEPTIONAL RENTAL INCOME. MOVE THE FAMILY IN ONE, MOM WILL LOVE THE OTHER!

Last Listed By

Mike Rossi

Strand Hill Properties License #01089100 Listed on: 08/31/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,772

Year Built

  • Built in 1947

Lot Details

  • 7,492 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Corner Lot
  • Rectangular Lot
  • Front Yard

Parking

  • 2 Car Attached Garage
  • 3 Carport Spaces
  • Parking Available
  • Tandem Uncovered Parking
  • Driveway

Home Design

  • Duplex
  • Fixer Upper
  • Raised Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,968 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Casement Windows
  • Living Room
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Concrete Porch or Patio

Schools

  • Jefferson Elementary School
  • Parras Middle School
  • Redondo Union High School

Utilities

  • Wall Furnace
  • Source of electricity is unknown
  • Natural Gas Connected
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 1 / 88
  • Tax Tract Number 8060
  • Assessor Parcel Number 4161009001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,772

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RBR-2
  • Architectural Style: Ranch
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4161009001
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1968.00 Square Feet
  • Stories: 1
  • Entry Location: In Front
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 813.01
  • Room Type: Living Room
  • Window Features: Blinds, Casement Windows
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Satellite Dish
  • View: City Lights
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Concrete, Patio, Patio Open
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Asphalt, Garage, Tandem Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Electric: Electricity - Unknown
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Redondo Unified
  • Elementary School: Jefferson
  • Middle School: Parras
  • High School: Redondo Union
  • Elementary School: Jefferson
  • High School: Redondo Union
  • Middle Or Junior School: Parras
  • Elementary School #2: JEFFER
  • High School2: REDUNI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 7492.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7492.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 88
  • Tax Census Tract: 6207.03
  • Tax Lot: 1
  • Tax Tract Number: 8060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 6, 2023
Sold by
Marino Jeffrey and Marino Wendy
Bought by
Alprshn Llc
Seller's Agent
Mike Rossi
Strand Hill Properties
Buyer's Agent
Amir Amiri
Merit Real Estate
List Price
$1,799,000
Sold Price
$1,600,000
Premium/Discount to List
-$199,000
-11.06%
Total Days on Market
18
Views
40
Current Estimated Value
$1,817,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,332
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Dec 11, 2006
Sold by
Marino Jeffrey and Marino Wendy
Bought by
Marino Jeffrey and Marino Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 28, 2003
Sold by
Olson Wendy
Bought by
Marino Jeffrey and Olson Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,100
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2000
Sold by
Richman David C and Richman Kathleen A
Bought by
Brown David W T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,400
Interest Rate
8.15%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alprshn Llc $1,600,000 Endpoint Title
Marino Jeffrey -- First American Title Co
Marino Jeffrey -- Lawyers Title Company
Brown David W T $417,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marino Jeffrey $575,000
Previous Owner Marino Jeffrey $200,000
Previous Owner Marino Jeffrey $413,100
Previous Owner Brown David W T $323,400
Closed Brown David W T $51,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $1,600,000 -11.1% $813 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $1,799,000 +12.4% $914 / Sq Ft
09/16/2023 09/16/23 Off Market $1,600,000 -- --
08/31/2023 08/31/23 For Sale $2,400,000 -- $1,220 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $20,772 $1,600,000 $1,300,000 $300,000
2023 $9,326 $709,954 $567,969 $141,985
2022 $9,119 $696,034 $556,833 $139,201
2021 $8,852 $682,387 $545,915 $136,472
2020 $8,813 $675,391 $540,318 $135,073
2019 $8,600 $662,149 $529,724 $132,425
2018 $8,329 $649,167 $519,338 $129,829
2016 $8,054 $623,961 $499,172 $124,789
2015 $7,916 $614,589 $491,674 $122,915
2014 $7,802 $602,551 $482,043 $120,508
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23160452

California Regional Multiple Listing Service (CRMLS)

APN: 4161-009-001