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2602 Carnegie Ln #4, Redondo Beach, CA 90278
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2602 Carnegie Ln #4 Redondo Beach, CA 90278

$2,401,000 Sold Price as of 06/13/2022
  • 20 Beds
  • 20 Baths
  • 4,620 Sq.Ft.
Sold
$2,401,000 Sold Price as of 06/13/2022 Refinance Your Mortgage
Map preview of 2602 Carnegie Ln #4, Redondo Beach, CA 90278

Property Overview: 2602 Carnegie Ln #4 Redondo Beach, CA has 20 bedrooms, 20 bathrooms, 4,620 living square feet and 7,497 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investor/Owner User, hot opportunity, 4 unit property in Redondo Beach close to local shopping, parks, restaurants, theatre and transportation. Unit #4 is 2 bed/2 Bath + Den with Washer/Dryer hookup in unit. Unit #3 is 2 bed/2 bath, Unit #2 is 2 bed/2 bath with direct access garage. Unit #1 is 2 bed/2 bath, to be delivered Vacant. 5 parking spaces + large storage space and on-site laundry for residents use. Current tenants on month to month agreements. Redondo Beach has no Rent Control making this a great investment! Beautiful, quiet, tree lined street with award winning schools, parks and beaches to enjoy. Added value awaits a new owner!! Live the California Beach Life with Income in beautiful Redondo Beach.

Listed by Sue Ross-Chayes | BRE #01893594 | Douglas Elliman
Last checked: 2 minutes ago | Last updated: June 13th, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
7,497
HOA Dues
$0/mo
Year built
1969
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
22138107
City
Redondo Beach
County
Los Angeles
Time on Site
762 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,380
  • Total Rent: $2,380
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,946
  • Total Rent: $1,946
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,406
  • Total Rent: $2,406
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.85
  • Gross Scheduled Income: $108,642
  • Net Operating Income: $85,521
  • Gross Operating Income: $110,784
  • # of Rented Garages: 4
  • Garage Rental Rate: $0
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $535
  • New Taxes: $3,612
  • Insurance: $4,309
  • Water/Sewer: $3,010

Property Details for 2602 Carnegie Ln #4

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Radiant
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Bath, Dining Room, Kitchen, Living Room, Master Bedroom, Patio, Bonus Room
Room Information
  • Flooring: Carpet, Laminate
  • Two Masters
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Gas Cooktop, Gas Oven, Electric Cooktop, Electric Oven
Interior Features
  • Living Room Balcony, Living Room Deck Attached
  • Levels: Two
  • Window Features: Blinds, Screens
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Covered
Lot Information
  • Lot Features: Landscaped, Front Yard
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 4082003010
  • Foundation Details: Slab
  • Accessibility Features: None
  • Offered With Property: Washer & Dryer Equipment in community Laundry Room
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Subdivision Name: Redondo Villa Tr Lot 11
  • Directions: 405 exit Inglewood Ave (42B) to Artesia Blvd, turn Right to Felton, turn Left to Carnegie Ln, Turn Left.
View more facts & features

Local Redondo Beach Agent

Sale History for 2602 Carnegie Ln #4

Last sold for $2,401,000 on June 13th, 2022

  • June, 2022

  • Jun 13, 2022

    Date

    Sold

    CRMLS: 22138107

    $2,401,000

    Price

  • Mar 28, 2022

    Date

    Active

    CRMLS: 22138107

    $2,200,000

    Price

Tax History for 2602 Carnegie Ln #4

Assessed Value (2020): $192,971
Year Land Value Improved Value Assessed Value
2020 $54,001 $138,970 $192,971

Home Value Compared to the Market

This property vs the competition

2602 Carnegie Ln #4 sold on June 13, 2022 for 37.5% 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 $476.19 per/sqft which puts the price per square foot 41.14% lower than the current median sale per square foot for the city of Redondo Beach.

About 2602 Carnegie Ln #4

Detailed summary of property

2602 Carnegie Ln #4 is a multi family that recently sold in Redondo Beach, CA 90278. This multi family property offered 20 bedrooms, 20 bathrooms, roughly 4,620 living square feet, and sits on an approximately 7,497 square foot lot. 2602 Carnegie Ln #4 was first listed on ArdentRealEstateGroup.com on March 25, 2022. The homeowner sold the property for $2,401,000. 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 37.5% higher than the current median priced home. Local homes that are currently for sale include 324 W 51st St, 3994 S La Salle Ave and 603 W 47th St. While the average home in Redondo Beach, CA is selling in 40 days, 2602 Carnegie Ln #4 has a days on market of 17 days. There are currently 150 homes for sale in the Redondo Beach real estate market and 45 of them are single family homes while 33 of them are condos and 72 are townhomes. For more information on this home for sale at 2602 Carnegie Ln #4 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 2602 Carnegie Ln #4

Public county record property details
Beds
8
Baths
8
Year built
1969
Sq. Ft.
4,620
Lot Size
7,496
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
4082-003-010

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.
$726
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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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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