1920 Rockefeller Ln

3
Baths
2,753 Sq. Ft.
$499 / Sq. Ft.
2,753
Sq. Ft.
$499
per Sq. Ft.

Description

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...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
  1. Listed by Keith Brabec • DRE #01206669 • Brokerage DRE #00527439 • Century 21 Union Realty • 310-344-9322

Property Details for 1920 Rockefeller Lane

Parking Spaces Total
7
Private Pool
No
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2753
Assessor Parcel Number
4156-014-002
Property Attached YN
false
LISTING UPDATED: 10/01/2024 05:51 AM

Property Details for 1920 Rockefeller Lane

StatusClosed
MLS #SB24132969
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.15 AC / 6,736 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Union Realty, Keith Brabec, DRE #01206669

Sold By Compass, Melissa Pilon, DRE #01974762

Add your commute

Building Information for 1920 Rockefeller Lane

Stories1Residences-Year Built1949Building Size-Lot Size0.15 AC / 6,736 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$8,177 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,702

Property Taxes

$1,475

HOA Dues

$0

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Property Information for 1920 Rockefeller Lane

Income / Expense / Tax Details
Income Details
  • Gross Income: $73,200
  • Gross Scheduled Income: $73,200
  • Net Operating Income: $57,700
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $15,500
  • Insurance Expense: $2,000
  • Other Expense: $4,400
  • Other Expense Description: managmt
  • Trash Expense: $0
  • Water Sewer Expense: $1,193
  • Total Expenses: $14,500
Tax / Assessment Info
  • Tax Block: 32
  • Tax Tract Number: 000
  • Tax Census Tract: 6207.01
  • CFD/Mello-Roos Fee: $2,306
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: front door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Back Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,275
  • Unit Type Total Rent: $2,275
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,025
  • Unit Type Total Rent: $2,025
  • Unit Type Pro Forma: 2900
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,025
  • Unit Type Total Rent: $2,025
  • Unit Type Pro Forma: 3400
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1920 Rockefeller Lane

DateEvent & SourcePriceAppreciation
Sep 30, 2024

Sold

SDMLS #SB24132969

$1,375,000—
Sep 30, 2024

Sold

CRMLS #SB24132969

$1,375,000—
Sep 30, 2024

Sold

CLAW #SB24132969MR

—
Aug 27, 2024

Sold (Public Record)

Public Record #1541512132

$1,360,000—
Aug 21, 2024

Pending

CLAW #SB24132969MR

—
Aug 21, 2024

Accepting Backup Offers

CRMLS #SB24132969

—
Aug 21, 2024

Accepting Backup Offers

CLAW #SB24132969MR

—
Aug 21, 2024

Pending

SDMLS #SB24132969

—
Aug 13, 2024

Price Change

CLAW #SB24132969MR

$1,549,000—
Aug 13, 2024

Listed (Active)

CLAW #SB24132969MR

$1,650,000—
Aug 1, 2024

Pending

CRMLS #SB24132969

—
Aug 1, 2024

Pending

CLAW #SB24132969MR

—
Jun 28, 2024

Listed (Active)

CRMLS #SB24132969

$1,650,000—
Jun 28, 2024

Listed (Active)

SDMLS #SB24132969

$1,650,000—
Jun 28, 2024

Listed (Active)

CLAW #SB24132969MR

$1,650,000—
DateEvent & SourcePrice
09/30/2024

Sold

SDMLS #SB24132969

$1,375,000
09/30/2024

Sold

CRMLS #SB24132969

$1,375,000
09/30/2024

Sold

CLAW #SB24132969MR

—
08/27/2024

Sold (Public Record)

Public Record #1541512132

$1,360,000
08/21/2024

Pending

CLAW #SB24132969MR

—
08/21/2024

Accepting Backup Offers

CRMLS #SB24132969

—
08/21/2024

Accepting Backup Offers

CLAW #SB24132969MR

—
08/21/2024

Pending

SDMLS #SB24132969

—
08/13/2024

Price Change

CLAW #SB24132969MR

$1,549,000
08/13/2024

Listed (Active)

CLAW #SB24132969MR

$1,650,000
08/01/2024

Pending

CRMLS #SB24132969

—
08/01/2024

Pending

CLAW #SB24132969MR

—
06/28/2024

Listed (Active)

CRMLS #SB24132969

$1,650,000
06/28/2024

Listed (Active)

SDMLS #SB24132969

$1,650,000
06/28/2024

Listed (Active)

CLAW #SB24132969MR

$1,650,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1920 Rockefeller Lane

Taxable ValueLand$1,085,000Additions$275,000Total$1,360,000
Tax Record2025$17,694 ($1,475 / month)
Home Facts
Total Finished SqFt2,753 SqFtAbove Grade Finished SqFt2,753 SqFtLot Size6,747 SqFtStyleTriplexYear Built1949ZoningRBR-3CountyLOS ANGELESAPN4156-014-002

Schools near 1920 Rockefeller Lane

This home is within Redondo Beach Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Birney Elementary School
PublicK to 5

Adams Middle School
Public6 to 8

Redondo Union High School
Public9 to 12

Redondo Beach Virtual Learning
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Century 21 Union Realty, Keith Brabec, DRE #01206669

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.