3768 Redondo Beach Boulevard

Torrance, CA 90504

$1,400,000
Last Sold Price
8
Beds
4
Baths
3,516 Sq. Ft.
$398 / Sq. Ft.
3,516
Sq. Ft.
$398
per Sq. Ft.

Description

If you have been looking for rental property in a great neighborhood you know they don’t come up very often. Owned by the same owner for the last 22 years, this is a fully occupied 4 unit property in a great area of Torrance across from Alondra park and golf course. NO Local Rent Control – Just California rent control AB 1482. The property is comprised of Four 2 bedroom one bath units. Double paned windows and plantation shutters. Each unit is approximately 900 square feet. Two units have remodeled...If you have been looking for rental property in a great neighborhood you know they don’t come up very often. Owned by the same owner for the last 22 years, this is a fully occupied 4 unit property in a great area of Torrance across from Alondra park and golf course. NO Local Rent Control – Just California rent control AB 1482. The property is comprised of Four 2 bedroom one bath units. Double paned windows and plantation shutters. Each unit is approximately 900 square feet. Two units have remodeled kitchens. Lower units have a nice size private fenced patio off the living room. The upper two units have a good size balcony. All units are in good condition and the property has been well maintained. New top of the line water heater at the end of 2021 ($12,000) 4 separate gas and electric meters. Each unit has a one car garage with storage. Red tile roof. All units are month to month. Prime Location in Torrance directly across from the Alondra Park & Golf Course, El Camino College, and near the South Bay Galleria, Space-X, Freeways, Restaurants & Shops. All units are occupied and offers are subject to inspection. Trust Sale, no court approval required.
  1. Listed by Patricia Hedstrom • DRE #00796720 • Brokerage DRE #01879720 • RE/MAX Estate Properties • 310-936-5875

Property Details for 3768 Redondo Beach Boulevard

Architectural Style
Traditional
View
Golf Course, Park/Greenbelt
Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of RE/MAX Estate Properties, Patricia Hedstrom, DRE #00796720

Sold By Montero Real Estate Services, Alfonso Montero, DRE #01463615

Add your commute
LISTING UPDATED: 05/12/2023 08:40 AM

Property Details for 3768 Redondo Beach Boulevard

StatusClosed
MLS #PV23042618
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.11 AC / 4,970 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX Estate Properties, Patricia Hedstrom, DRE #00796720

Sold By Montero Real Estate Services, Alfonso Montero, DRE #01463615

Add your commute

Building Information for 3768 Redondo Beach Boulevard

Stories2Residences-Year Built1957Building Size-Lot Size0.11 AC / 4,970 SF

Payment Calculator

$7,894 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3768 Redondo Beach Boulevard

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $83,940
  • Gross Scheduled Income: $82,740
  • Gross Operating Income: $83,940
  • Net Operating Income: $51,692
  • Laundry Income: $1,200
  • Gross Multiplier: 18.2
  • Cap Rate: 3.45
  • Financing: Conventional
Expense Details
  • Operating Expense: $31,048
  • New Taxes Expense: $16,500
  • Gardener Expense: $1,200
  • Fuel Expense: $1,812
  • Licenses Expense: $106
  • Electric Expense: $275
  • Insurance Expense: $1,981
  • Maintenance Expense: $3,000
  • Trash Expense: $4,000
  • Water Sewer Expense: $2,174
  • Total Expenses: $31,048
Tax / Assessment Info
  • Tax Tract Number: 21246
  • Tax Census Tract: 6037.02
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 16
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Gas Cooktop, Microwave
  • Equipment: Dishwasher, Dryer, Dryer Included, Laundry Area, Microwave, Washer, Washer Included
  • Interior Features: Balcony, Open Floorplan, Stone Counters, Tile Counters
  • Room Type: Main Floor Master Bedroom
  • Bedroom Features: Main Floor Master Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Tile, Vinyl
Exterior Features
  • Door Features: Sliding Doors
  • Window Features: Double Pane Windows, Plantation Shutters, Shutters
  • Roof: Tile
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
  • View Description: Golf Course
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Garden, Landscaped
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned, Built-In Storage, Garage - 2 Car
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned, Built-In Storage, Garage - Two Door
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: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2400
  • 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: Yes
  • Unit Type Actual Rent: $1,570
  • Unit Type Total Rent: $1,570
  • Unit Type Pro Forma: 2400
  • 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: Yes
  • Unit Type Actual Rent: $1,900
  • Unit Type Total Rent: $1,900
  • Unit Type Pro Forma: 2400
  • 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: Yes
  • Unit Type Actual Rent: $1,425
  • Unit Type Total Rent: $1,425
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Carpet: 3
  • Number With Disposal: 4
  • Number With Patio: 4

Property History for 3768 Redondo Beach Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3768 Redondo Beach Boulevard

Taxable ValueLand$84,753Additions$120,800Total$205,553
Tax Record2023$3,044 ($254 / month)
Home Facts
Total Finished SqFt3,516 SqFtAbove Grade Finished SqFt3,516 SqFtLot Size4,970 SqFtStyleQuadraplexYear Built1957ZoningTORR-MHCountyLOS ANGELESAPN4087-002-016

Schools near 3768 Redondo Beach Boulevard

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 - 7 to 12
Rating
School
Distance
Evelyn Carr Elementary School
PublicK to 5

Philip Magruder Middle School
Public6 to 8

North High School
Public9 to 12

Gene Drevno Community Day School
Public7 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 RE/MAX Estate Properties, Patricia Hedstrom, DRE #00796720

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.