2003 Rockefeller Ln

Redondo Beach, CA 90278

$1,730,000
Last Sold Price
9
Beds
8
Baths
5,239 Sq. Ft.
$330 / Sq. Ft.
5,239
Sq. Ft.
$330
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 7/19/13
Closed 7/19/13

Description

Unique opportunity to own one of the only 8 unit buildings in North Redondo Beach. Pride of ownership! First time on the market in 30 years. Built in 1963 Front unit features a 2bed+1.5bath Townhome style owners unit, light and bright with Granite Counter Tops, Wood Floors and huge walk-in Closet. All other units are 1+1 some of which are upgraded. Perfect for the savvy investor, owner user, 1031 exchange buyer. Great Cash Flow and Upside Potential. NON-rent control building. Located in a great area...Unique opportunity to own one of the only 8 unit buildings in North Redondo Beach. Pride of ownership! First time on the market in 30 years. Built in 1963 Front unit features a 2bed+1.5bath Townhome style owners unit, light and bright with Granite Counter Tops, Wood Floors and huge walk-in Closet. All other units are 1+1 some of which are upgraded. Perfect for the savvy investor, owner user, 1031 exchange buyer. Great Cash Flow and Upside Potential. NON-rent control building. Located in a great area in North Redondo Beach. Walking distance to Birney Elementary School, 2 blocks from Redondo Beach Public Library, and Perry Park. Close to the PCH, shops restaurants, markets, places of worship and short drive to the beach, surf and sand.
  1. Listed by Rachel Ezra • DRE #01396863 • Vista Sotheby’s International Realty

Property Details for 2003 Rockefeller Lane

Parking Spaces Total
8
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5239
Assessor Parcel Number
4156-010-015
Property Attached YN
true
LISTING CLOSED: 07/19/2013 12:00 AM

Property Details for 2003 Rockefeller Lane

StatusClosed
MLS #SB13076861
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.17 AC / 7,497 SF
CountyLos Angeles County
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Location

Listing Courtesy of Vista Sotheby’s International Realty, Rachel Ezra, DRE #01396863

Sold By Cosmo Investment, Kayo Wada, DRE #01357056

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Building Information for 2003 Rockefeller Lane

Stories2Residences-Year Built1963Building Size-Lot Size0.17 AC / 7,497 SF

Payment Calculator

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$10,847 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,621

Property Taxes

$2,226

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2003 Rockefeller Lane

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $9,908
  • Gross Scheduled Income: $118,896
  • Vacancy Allowance Rate: 2
  • Net Operating Income: $85,955
  • Number Of Rented Garages: 1
  • Gross Multiplier: 15.0
  • Cap Rate: 4.8
  • Financing: Cash
Expense Details
  • Operating Expense: $30,902
  • New Taxes Expense: $22,237
  • Gardener Expense: $264
  • Electric Expense: $336
  • Insurance Expense: $1,788
  • Maintenance Expense: $3,000
  • Professional Management Expense: $0
  • Trash Expense: $1,212
  • Water Sewer Expense: $1,320
Tax / Assessment Info
  • Tax Year: 2012
  • Tax Tract Number: 6207
  • Tax Lot: 14
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
Exterior Features
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Front Yard, Park Nearby
  • Number Of Units: 8
  • Levels: Two
  • Water: District
  • Sewer: In Street
  • Utilities: Sewer Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Assigned
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: Yes
  • Unit Type Actual Rent: $1,790
  • Unit Type Total Rent: $1,790
  • Unit Type Pro Forma: 1900
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,045
  • Unit Type Total Rent: $1,045
  • Unit Type Pro Forma: 1440
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,055
  • Unit Type Total Rent: $1,055
  • Unit Type Pro Forma: 1440
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,440
  • Unit Type Total Rent: $1,440
  • Unit Type Pro Forma: 1440
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,055
  • Unit Type Total Rent: $1,055
  • Unit Type Pro Forma: 1440
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,175
  • Unit Type Total Rent: $1,175
  • Unit Type Pro Forma: 1440
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,065
  • Unit Type Total Rent: $1,065
  • Unit Type Pro Forma: 1440
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,070
  • Unit Type Total Rent: $1,070
  • Unit Type Pro Forma: 1440
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9

Property History for 2003 Rockefeller Lane

DateEvent & SourcePriceAppreciation
Jul 19, 2013

Sold

CRMLS #SB13076861

$1,730,000—
Jul 19, 2013

Sold

CLAW #SB13076861MR

$1,730,000—
Jun 26, 2013

Sold (Public Record)

Public Record #356902214

$1,730,000—
DateEvent & SourcePrice
07/19/2013

Sold

CRMLS #SB13076861

$1,730,000
07/19/2013

Sold

CLAW #SB13076861MR

$1,730,000
06/26/2013

Sold (Public Record)

Public Record #356902214

$1,730,000

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

Public Records for 2003 Rockefeller Lane

Taxable ValueLand$1,348,446Additions$773,076Total$2,121,522
Tax Record2025$26,716 ($2,226 / month)
Home Facts
Total Finished SqFt5,239 SqFtAbove Grade Finished SqFt5,239 SqFtLot Size7,485 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningRBR-3CountyLOS ANGELESAPN4156-010-015

Schools near 2003 Rockefeller Lane

This home is within Redondo Beach Unified School District.
Rating
School
Type
Grades
Distance
Birney Elementary School
Public - K to 5
Adams Middle School
Public - 6 to 8
Redondo Union High School
Public - 9 to 12
Redondo Beach Virtual Learning
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vista Sotheby’s International Realty, Rachel Ezra, DRE #01396863

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.