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2621 Huntington Ln, Redondo Beach, CA 90278
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2621 Huntington Ln Redondo Beach, CA 90278

$1,900,000 Sold Price as of 01/24/2022
  • 9 Beds
  • 8 Baths
  • 4,471 Sq.Ft.
Sold
$1,900,000 Sold Price as of 01/24/2022 Refinance Your Mortgage
Map preview of 2621 Huntington Ln, Redondo Beach, CA 90278

Property Overview: 2621 Huntington Ln Redondo Beach, CA has 9 bedrooms, 8 bathrooms, 4,471 living square feet and 7,504 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Significant Price reduction. The lowest price per sq. Ft. Units in all of Redondo Beach - only $446/sq.ft. Which means lots of rent upside. Four Unit building in El Nido area of North Redondo. Rents have not been raised in a long time and approximately 60% in rental upside. All units have 2 bathrooms. Two bedroom + 2 bath front house. In the back are two more 2 bedroom + 2 bath units, as well as a 3 bedroom + 2 bath owner's unit. Four Garage Spaces. 14.46 GRM and 4.84% cap rate at Market Rents. Front house built in 1953. Back 3 units built in 1963.

Listed by Michael Millea | BRE #01069014 | Keller Williams Beach Cities
Last checked: 58 seconds ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
7,504
HOA Dues
$0/mo
Year built
1953
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21189414
City
Redondo Beach
County
Los Angeles
Time on Site
972 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,430
  • Total Rent: $1,430
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $78,240
  • Net Operating Income: $41,208
  • Gross Operating Income: $75,893
  • Vacancy Allowance: $2,347
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $37,032
  • Electric: $184
  • Gas/Fuel: $200
  • New Taxes: $22,145
  • Trash: $3,000
  • Gardener: $900
  • Insurance: $2,012
  • Maintenance: $3,795
  • Water/Sewer: $3,698

Property Details for 2621 Huntington Ln

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 4082005024
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Go East on Grant from Aviation Blvd. turn right on Felton and Left on Huntington Lane
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Redondo Beach Agent

Sale History for 2621 Huntington Ln

Last sold for $1,900,000 on January 24th, 2022

  • January, 2022

  • Jan 25, 2022

    Date

    Sold

    CRMLS: SB21189414

    $1,900,000

    Price

  • Oct 29, 2021

    Date

    Pending

    CRMLS: SB21189414

    $2,199,500

    Price

  • Sep 13, 2021

    Date

    Active

    CRMLS: SB21189414

    $2,199,500

    Price

  • Sep 3, 2021

    Date

    Pending

    CRMLS: SB21189414

    $2,199,500

    Price

  • Aug 27, 2021

    Date

    Active

    CRMLS: SB21189414

    $2,199,500

    Price

  • April, 2003

  • Apr 9, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2003

  • Mar 25, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2621 Huntington Ln

Assessed Value (2020): $1,007,869
Year Land Value Improved Value Assessed Value
2020 $635,668 $372,201 $1,007,869

Home Value Compared to the Market

This property vs the competition

2621 Huntington Ln sold on January 24, 2022 for 24.69% 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 $446.21 per/sqft which puts the price per square foot 44.84% lower than the current median sale per square foot for the city of Redondo Beach.

About 2621 Huntington Ln

Detailed summary of property

2621 Huntington Ln is a multi family that recently sold in Redondo Beach, CA 90278. This multi family property offered 9 bedrooms, 8 bathrooms, roughly 4,471 living square feet, and sits on an approximately 7,504 square foot lot. 2621 Huntington Ln was first listed on ArdentRealEstateGroup.com on August 27, 2021. The homeowner sold the property for $1,900,000. 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 24.69% higher than the current median priced home. Local homes that are currently for sale include 3008 Stocker St, 9118 Compton Ave and 232 E Gage Ave. While the average home in Redondo Beach, CA is selling in 40 days, 2621 Huntington Ln has a days on market of 53 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 2621 Huntington Ln 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 2621 Huntington Ln

Public county record property details
Beds
9
Baths
8
Year built
1953
Sq. Ft.
4,471
Lot Size
7,504
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
4082-005-024

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
79
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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