2604 Curtis Avenue

Redondo Beach, CA 90278

$2,035,000
Last Sold Price
9
Beds
5
Baths
3,830 Sq. Ft.
$531 / Sq. Ft.
3,830
Sq. Ft.
$531
per Sq. Ft.

Description

Great 4 Unit investment property located in the city of Redondo Beach. All units are currently occupied and all are on month to month leases. This property is conveniently located near LAX, 405 Freeway, places of interest such as South Bay Galleria, Alondra Gold Course Park, Redondo beach pier and much more. Don't miss out on this investment opportunity!Great 4 Unit investment property located in the city of Redondo Beach. All units are currently occupied and all are on month to month leases. This property is conveniently located near LAX, 405 Freeway, places of interest such as South Bay Galleria, Alondra Gold Course Park, Redondo beach pier and much more. Don't miss out on this investment opportunity!
  1. Listed by Frederick Okuda • DRE #02073148 • Brokerage DRE #01944598 • ADW Management USA, Inc.

Property Details for 2604 Curtis Avenue

View
None
Parking Spaces Total
5
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3830

Location

Listing Courtesy of ADW Management USA, Inc., Frederick Okuda, DRE #02073148

Sold By Century 21 Union Realty, Steve Hwang, DRE #01406095

Add your commute
LISTING UPDATED: 09/26/2023 04:57 AM

Property Details for 2604 Curtis Avenue

StatusClosed
MLS #SB23149128
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
CountyLos Angeles County

Location

Listing Courtesy of ADW Management USA, Inc., Frederick Okuda, DRE #02073148

Sold By Century 21 Union Realty, Steve Hwang, DRE #01406095

Add your commute

Building Information for 2604 Curtis Avenue

Building/Complex2604 Curtis AveFloor-Stories2Residences-Pet Policy-Year Built1965Building Size-

Payment Calculator

$13,255 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,106

Property Taxes

$2,149

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2604 Curtis Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $119,880
  • Gross Scheduled Income: $119,880
  • Vacancy Allowance: 3596
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $116,284
  • Net Operating Income: $75,076
  • Number Of Rented Garages: 5
  • Laundry Income: $40
  • Gross Multiplier: 19.6
  • Cap Rate: 3.19
  • Financing: Cash
Expense Details
  • Operating Expense: $41,208
  • Operating Expense Percent: 34.00%
  • New Taxes Expense: $27,359
  • Gardener Expense: $840
  • Fuel Expense: $0
  • Pest Control Expense: $288
  • Electric Expense: $1,842
  • Insurance Expense: $1,014
  • Maintenance Expense: $2,000
  • Maintenance Percent: 1.70%
  • Professional Management Expense: $4,651
  • Other Expense: $1,000
  • Other Expense Description: Reserve
  • Trash Expense: $0
  • Water Sewer Expense: $2,213
  • Total Expenses: $41,208
Tax / Assessment Info
  • Tax Block: 10
  • Tax Tract Number: 2
  • Tax Census Tract: 6205.21
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 10
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Laundry Equipment Own Lease: Lease
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: ground
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 0
  • Open Other Spaces Total: 0
  • Parking Garage Spaces: 5
  • 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: No
  • Unit Type Actual Rent: $2,270
  • Unit Type Total Rent: $2,270
  • Unit Type Pro Forma: 2500
  • 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: $2,500
  • Unit Type Total Rent: $2,500
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,800
  • Unit Type Total Rent: $2,800
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 3
Unit 4
  • 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: $2,380
  • Unit Type Total Rent: $2,380
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 2604 Curtis Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2604 Curtis Avenue

Taxable ValueLand$1,443,612Additions$776,487Total$2,220,099
Tax Record2023$25,791 ($2,149 / month)
Home Facts
Total Finished SqFt3,830 SqFtAbove Grade Finished SqFt3,830 SqFtLot Size7,514 SqFtStyleQuadraplexYear Built1965ZoningRBR-3CountyLOS ANGELESAPN4153-025-010

Schools near 2604 Curtis Avenue

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 - 9 to 12
Rating
School
Distance
Madison Elementary School
PublicK to 5

Adams Middle School
Public6 to 8

Redondo Union 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

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Similar Sold Homes

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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 ADW Management USA, Inc., Frederick Okuda, DRE #02073148

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.