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Sold for $1,375,000 on 09/30/24
  • Listing Provided by: 

    Keith Brabec DRE #01206669 310-344-9322,

    Century 21 Union Realty

    Bought with: Compass
    $1,375,000

    1920 Rockefeller Ln, Redondo Beach, CA 90278

    6beds
    3baths
    2,753sqft
    Triplex
    Built in 1949
    -- sqft lot
    $1,327,200 Zestimate®
    $499/sqft
    $4,151 Estimated rent

    Home value

    $1,327,200

    $1.19M - $1.47M

    $4,151/mo

    Zestimate® history
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    $8,474/mo

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    $8,474/mo

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    What's special

    Welcome to a fantastic investment opportunity in a prime location! This property has been owned by the same family for years and is now available for new possibilities. Property consists of 3 units, two units are 2 bedrooms 1 bath and one unit that has a yard and a private entrance is a 2 bedroom 1 bath and each unit has a garage and park space. Drive by and take a look; you'll see the potential is endless. For investors, consider converting the garages into an ADU and transforming the property into a four-unit rental. The current rents are low, but the long-term tenants are content and reliable, ensuring a steady income stream or raise the rents. There is a huge rent upside available. Owner-occupants will appreciate the back unit, which boasts a charming yard, perfect for relaxation and outdoor activities. Contractors and developers will be thrilled with the location. This property offers the chance to tear down and build spacious new units, maximizing rental income potential. The property is professionally managed, with management costs already included in the expenses, which remain impressively low. Don't miss out on this versatile and promising property

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 07:21pm

    Listing Provided by:

    Keith Brabec DRE #01206669 310-344-9322,

    Century 21 Union Realty

    Bought with:

    Melissa Pilon, DRE #01974762

    Compass

    Source: CRMLS,MLS#: SB24132969MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,753
    • Total interior livable area: 2,753 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage
    • Garage spaces: 3
    • Uncovered spaces: 4
    Features
    • Entry location: front door
    • Pool features: None
    Lot
    • Size: 6,736 sqft
    • Features: Back Yard
    Details
    • Parcel number: 4156014002
    • Zoning: RBR-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Redondo Beach

    Other

    Other facts
    • Listing terms: Conventional,Submit

    Price history

    DateEventPrice
    9/30/2024Sold$1,375,000-11.2%$499/sqft
    Source: CRMLS #SB24132969 Report a problem
    8/22/2024Contingent$1,549,000$563/sqft
    Source: CRMLS #SB24132969 Report a problem
    8/13/2024Price change$1,549,000-6.1%$563/sqft
    Source: CRMLS #SB24132969 Report a problem
    8/2/2024Pending sale$1,650,000$599/sqft
    Source: CRMLS #SB24132969 Report a problem
    6/28/2024Listed for sale$1,650,000$599/sqft
    Source: CRMLS #SB24132969 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,694 +308%$1,360,000 +640.6%
    2024$4,337 +1.3%$183,625 +2%
    2023$4,280 +4.3%$180,026 +2%

    Find assessor info on the county website

    Neighborhood: 90278

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,327,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,327,200