1512 S Redondo Blvd, Los Angeles, CA 90019
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1512 S Redondo Blvd Los Angeles, CA 90019

$945,000 Sold Price as of 12/07/2020
  • 4 Beds
  • 4 Baths
  • 2,340 Sq.Ft.
Sold
$945,000 Sold Price as of 12/07/2020 Refinance Your Mortgage

Map preview of 1512 S Redondo Blvd, Los Angeles, CA 90019

Property Overview: 1512 S Redondo Blvd Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,340 living square feet and 5,080 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 1512 S Redondo Blvd, a stylish and chic, single level 4-plex. Many upgrades and well maintained. All 4 units are 1 bed + 1 bath. Long term tenancy, stable income history, with excellent upside opportunity. Additional opportunity to build an additional ADU unit, or redevelop entirely to highest and best use! Rapidly improving area with several new development projects nearby

Listed by Scott Rosenberg | BRE #01456686 | RE/MAX ESTATE PROPERTIES
Co-listed by Casey Lins | BRE #01902650 | RE/MAX ESTATE PROPERTIES
Last checked: 10 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 182

Home details

Lot Sq. Ft
5,080
HOA Dues
$0/mo
Year built
1940
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
20582054
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $810
  • Total Rent: $810
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,434
  • Total Rent: $1,434
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,406
  • Total Rent: $1,406
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,130
  • Total Rent: $1,130
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.23
  • Gross Scheduled Income: --
  • Net Operating Income: $43,110
  • Gross Operating Income: $61,558
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1512 S Redondo Blvd

Interior Features
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 4
  • Parcel Number: 5070016019
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: 1512 S Redondo, Los Angeles, CA 90019
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Sale History for 1512 S Redondo Blvd

Last sold for $945,000 on December 7th, 2020
  • December, 2020

  • Dec 14, 2020

    Date

    Sold

    CRMLS: 20582054

    $945,000

    Price

  • Nov 23, 2020

    Date

    Pending

    CRMLS: 20582054

    $999,000

    Price

  • Aug 24, 2020

    Date

    Price Change

    CRMLS: 20582054

    $999,000

    Price

  • Jul 16, 2020

    Date

    Price Change

    CRMLS: 20582054

    $1,025,000

    Price

  • May 22, 2020

    Date

    Active

    CRMLS: 20582054

    $1,050,000

    Price

  • December, 2020

  • Dec 7, 2020

    Date

    Sold (Public Records)

    Public Records

    $945,000

    Price

  • January, 2013

  • Jan 17, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1512 S Redondo Blvd

Assessed Value (2020): $422,838
Year Land Value Improved Value Assessed Value
2020 $281,494 $141,344 $422,838

Home Value Compared to the Market

This property vs the competition

1512 S Redondo Blvd sold on December 7, 2020 for 10.8% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $426.92 per/sqft which puts the price per square foot 41.03% lower than the current median sale per square foot for the city of Los Angeles.

About 1512 S Redondo Blvd

Detailed summary of property

1512 S Redondo Blvd is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,340 living square feet, and sits on an approximately 5,080 square foot lot. 1512 S Redondo Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $945,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 10.8% lower than the current median priced home. Local homes that are currently for sale include 5346 Smiley Dr, 5441 Smiley Dr and 5161 W Jefferson Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1512 S Redondo Blvd has a days on market of 182 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1512 S Redondo Blvd Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1512 S Redondo Blvd

Public county record property details
Beds
4
Baths
4
Year built
1940
Sq. Ft.
2,340
Lot Size
5,080
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5070-016-019

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Related Resources to 1512 S Redondo Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.