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2102 Manhattan Beach Blvd, Redondo Beach, CA 90278
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2102 Manhattan Beach Blvd Redondo Beach, CA 90278

$3,187,500 Sold Price as of 09/25/2023
  • 11 Beds
  • 5.5 Baths
  • 4,210 Sq.Ft.
Sold
$3,187,500 Sold Price as of 09/25/2023 Refinance Your Mortgage
Map preview of 2102 Manhattan Beach Blvd, Redondo Beach, CA 90278

Property Overview: 2102 Manhattan Beach Blvd Redondo Beach, CA has 11 bedrooms, 5.5 bathrooms, 4,210 living square feet and 5,626 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 2102 Manhattan Beach Blvd. 5 units located across the street from the South Bay’s largest employers. This building has recently been completely rehabbed with improvements including, a full building electrical system upgrade, full roof replacement, new window system, new plumbing upgrades to include in unit washer/dryer infastructure, new garage doors, a new paver walkway with an exterior lighting package and improved landscaping. Unit interiors have been upgraded with, new two-tone cabinets and calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, and soaking tubs with custom tiled showers and new plumbing hardware. Now operating at a 4.69% CAP, with units recently resigning first or second year terms at increased rates, this property is ready for someone to benefit from long term headache free stabilized cash-flow!

Listed by Austin Zahn | BRE #01936451 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 16 minutes ago | Last updated: September 25th, 2023 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
5,626
HOA Dues
$0/mo
Year built
1958
Garage
5 Car
Property Type:
Apartment
Status
Sold
MLS#
SB23146544
City
Redondo Beach
County
Los Angeles
Time on Site
254 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,550
  • Total Rent: $3,550
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,499
  • Total Rent: $3,499
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,392
  • Total Rent: $3,392
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,999
  • Total Rent: $3,999
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,400
  • Total Rent: $3,400
  • Pro Forma/Market Rent: $3,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $214,104
  • Net Operating Income: $154,861
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $52,820
  • Electric: $0
  • Trash: $0
  • Insurance: $4,000
  • Professional Management: $10,000
  • Water/Sewer: $0

Property Details for 2102 Manhattan Beach Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 4150002028
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Head south on Aviation Blvd then make a left on to Manhattan Beach BLvd. The property is on your right.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Redondo Beach Agent

Sale History for 2102 Manhattan Beach Blvd

Last sold for $3,187,500 on September 25th, 2023

  • September, 2023

  • Sep 25, 2023

    Date

    Sold

    CRMLS: SB23146544

    $3,187,500

    Price

  • Aug 8, 2023

    Date

    Active

    CRMLS: SB23146544

    $3,300,000

    Price

  • May, 2023

  • May 30, 2023

    Date

    Canceled

    CRMLS: SB23037530

    $3,100,000

    Price

  • Mar 8, 2023

    Date

    Active

    CRMLS: SB23037530

    $3,200,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 2102 Manhattan Beach Blvd. 5 units located across the street from the South Bay’s largest employers. This building has recently been completely rehabbed with improvements including, a full building electrical system upgrade, full roof replacement, new window system, new plumbing upgrades to include in unit washer/dryer infastructure, new garage doors, a new paver walkway with an exterior lighting package and improved landscaping. Unit interiors have been upgraded with, new two-tone cabinets and calacatta-quartz countertops, vinyl plank flooring with modern baseboards, new stainless steel appliance packages with Miele washer/dryers, new shaker doors, and soaking tubs with custom tiled showers and new plumbing hardware. If you are looking for a safe place to invest, look no further as this property is sure to produce great long term cash with very little maintenance headache!

  • August, 2020

  • Aug 18, 2020

    Date

    Sold

    CRMLS: SB20165611

    $1,930,000

    Price

  • Aug 18, 2020

    Date

    Active

    CRMLS: SB20165611

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    Sold off-market. Posted for Comps purposes.

  • August, 2020

  • Aug 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $5,790,000

    Price

  • January, 2008

  • Jan 29, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2102 Manhattan Beach Blvd

Assessed Value (2020): $121,005
Year Land Value Improved Value Assessed Value
2020 $42,797 $78,208 $121,005

Home Value Compared to the Market

This property vs the competition

2102 Manhattan Beach Blvd sold on September 25, 2023 for 106.25% higher than the current median sold price for the city of Redondo Beach which is $1,600,000. The median sold price per/sqft for Redondo Beach is $809 and this home is sold at $783.85 per/sqft which puts the price per square foot 3.11% lower than the current median sale per square foot for the city of Redondo Beach.

About 2102 Manhattan Beach Blvd

Detailed summary of property

2102 Manhattan Beach Blvd is a apartment that recently sold in Redondo Beach, CA 90278. This apartment offered 11 bedrooms, 5.5 bathrooms, roughly 4,210 living square feet, and sits on an approximately 5,626 square foot lot. 2102 Manhattan Beach Blvd was first listed on ArdentRealEstateGroup.com on August 8, 2023. The homeowner sold the property for $3,187,500. Home in Redondo Beach are selling for a median price of $1,600,000 and a median price per square foot of $809. Based on Ardent Real Estate Group's Redondo Beach Market Data, this home is sold 106.25% higher than the current median priced home. Local homes that are currently for sale include 3126 S Canfield Ave, 2525 Hauser Blvd and 2621 Chariton St. While the average home in Redondo Beach, CA is selling in 40 days, 2102 Manhattan Beach Blvd has a days on market of 20 days. There are currently 153 homes for sale in the Redondo Beach real estate market and 47 of them are single family homes while 33 of them are condos and 73 are townhomes. For more information on this home for sale at 2102 Manhattan Beach Blvd Redondo Beach, CA 90278 contact Ardent Real Estate Group and we will put you in touch with one of our Redondo Beach agents.

Public Facts for 2102 Manhattan Beach Blvd

Public county record property details
Beds
11
Baths
5
Year built
1958
Sq. Ft.
4,210
Lot Size
5,625
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
4150-002-028

The source for these homes facts are from public records.

90278 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,359,000
Median List Price/Sq.Ft.
$718
Median Sold Price
$1,355,000
Median Sold Price/Sq.Ft.
$693
Total Inventory
80
Median Sale to List Price %
100.37%
Avg Days on Market
46
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (7.14%), Other (50%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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