142 Paseo De La Concha

Redondo Beach, CA 90277

$6,700,000
Last Sold Price
4
Beds
12
Baths
8,116 Sq. Ft.
$826 / Sq. Ft.
8,116
Sq. Ft.
$826
per Sq. Ft.

Description

Twelve unit apartment complex in prime location. This property is one block from Torrance Beach. This is a very hot property located within walking distance to the Riviera Village as well as Torrance/Redondo Beach. Twelve units include, 2- studios, 7- 1 bedrooom units and 3- 2 bedroom units. All units occupied. Almost all units have been recently remodeled. Great/easy tenants. Laundry on site. Service provided from outside source. Nice patio area with BBQ and table w/ chairs. Please call with any...Twelve unit apartment complex in prime location. This property is one block from Torrance Beach. This is a very hot property located within walking distance to the Riviera Village as well as Torrance/Redondo Beach. Twelve units include, 2- studios, 7- 1 bedrooom units and 3- 2 bedroom units. All units occupied. Almost all units have been recently remodeled. Great/easy tenants. Laundry on site. Service provided from outside source. Nice patio area with BBQ and table w/ chairs. Please call with any inquiries but do not disturb tenants
  1. Listed by Stephanie Wells • DRE #01442352 • Brokerage DRE #00707775 • Real Estate West, Inc.

Property Details for 142 Paseo De La Concha

Architectural Style
Contemporary
Parking Spaces Total
12
Private Pool
No
Cooling Type
N/K
Total Units
12.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
8116

Location

Listing Courtesy of Real Estate West, Inc., Stephanie Wells, DRE #01442352

Sold By The Realestate Group, Thomas Cole, DRE #01463959

Add your commute
LISTING UPDATED: 09/30/2022 05:03 AM

Property Details for 142 Paseo De La Concha

StatusClosed
MLS #SB22105347
Days on Market75
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.20 AC / 8,762 SF
CountyLos Angeles County

Location

Listing Courtesy of Real Estate West, Inc., Stephanie Wells, DRE #01442352

Sold By The Realestate Group, Thomas Cole, DRE #01463959

Add your commute

Building Information for 142 Paseo De La Concha

Stories2Residences-Year Built1958Building Size-Lot Size0.20 AC / 8,762 SF

Payment Calculator

$42,902 per month

30 year fixed, 7.25% Interest

Principal and Interest

$36,565

Property Taxes

$6,337

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 142 Paseo De La Concha

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $165,676
  • Gross Scheduled Income: $262,010
  • Net Operating Income: $165,676
  • Laundry Income: $800
  • Current Financing: None
  • Financing: Cash
Expense Details
  • Operating Expense: $96,334
  • Gardener Expense: $1,920
  • Fuel Expense: $2,640
  • Licenses Expense: $400
  • Pest Control Expense: $672
  • Electric Expense: $2,400
  • Insurance Expense: $5,112
  • Professional Management Expense: $6,000
  • Trash Expense: $1,728
  • Water Sewer Expense: $5,400
  • Total Expenses: $26,272
Tax / Assessment Info
  • Tax Block: E
  • Tax Tract Number: 10303
  • Tax Census Tract: 6513.04
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 12
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits, Parking
  • Disability Access: 2+ Access Exits, Other Main Level Modifications
  • Community Features: Biking, Dog Park, Park, Watersports
Property / Structure Info
Interior Features
  • Room Type: Laundry
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room
  • Laundry Equipment Own Lease: Lease
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Tile, Wood
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Exterior Features: Barbecue Private
  • Roof: Flat
  • Foundation Details: Concrete Perimeter
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 11-15 Units/Acre, Park Nearby
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking: Yes
  • Parking Garage: Assigned, Carport, Garage, Garage - 1 Car
  • Parking Garage Spaces: 6
  • Carport Spaces: 6
  • Parking Features: Assigned, Carport, Garage, Garage Faces Front, Garage - Single Door
Unit Information
Unit 1
  • Unit Type Units Total: 3
  • 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: $2,200
  • Unit Type Total Rent: $6,600
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 7
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $14,000
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • 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: $1,350
  • Unit Type Total Rent: $2,700
  • Unit Type Pro Forma: 1700
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 12
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 10
  • Number Of Separate Water Meters: 1

Property History for 142 Paseo De La Concha

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 142 Paseo De La Concha

Taxable ValueLand$4,000,000Additions$2,702,560Total$6,702,560
Tax Record2023$76,042 ($6,337 / month)
Home Facts
Total Finished SqFt8,116 SqFtAbove Grade Finished SqFt8,116 SqFtLot Size8,762 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningTORR-MDCountyLOS ANGELESAPN7511-019-009

Schools near 142 Paseo De La Concha

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

Edward J. Richardson Middle School
Public6 to 8

South High School
Public9 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate West, Inc., Stephanie Wells, DRE #01442352

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.