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Sold for $2,559,500
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • Austin Zahn • Contact: 310-425-9838
    Bought with: Compass
    $2,559,500

    1714 Clark Ln, Redondo Beach, CA 90278

    11beds
    8baths
    3,849sqft
    Quadruplex
    Built in 1969
    -- sqft lot
    $2,589,500 Zestimate®
    $665/sqft
    $2,981 Estimated rent

    Home value

    $2,589,500

    $2.38M - $2.82M

    $2,981/mo

    Zestimate® history
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    What's special

    Modern baseboardsRedondo beachPrivate yardFull roof replacementPrivate garage spaceCalacatta-quartz countertopsNew window system
    Introducing 1714 Clark Ln, Redondo Beach. Located on the outskirts of the Golden Triangle, this building is wonderfully poised for an owner-occupant or a cash-flow seeking investor! There is a rare 4-bedroom unit to be delivered vacant, complete with front and back yard space. Additionally, there is a 3-bedroom 1.5-bath unit with a private yard and two 2-bedroom 1.5-bath units. This building has undergone a complete rehab including upgrades such as a full roof replacement, new window system, exterior paint and an enhanced shared backyard space. Each unit has its own washer/dryer and private garage space. The unit interiors have been upgraded with new two-tone cabinets, Calacatta-quartz countertops, vinyl plank flooring with modern baseboards and a new stainless steel appliance package. Step into immediate cash flow now operating at a very impressive 5.20% in-place Cap Rate and 13.74 in-place GRM!

    Zillow last checked:

    Listing updated:

    Listed by:

    Austin Zahn DRE #01936451 310-613-1251,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Nicholas Phillips, DRE #01742107

    Compass

    Source: CRMLS,MLS#: SB23172337MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 8
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,849
    • Total interior livable area: 3,849 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage
    • Garage spaces: 6
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 7,503 Square Feet
    • Features: Rectangular Lot
    Details
    • Parcel number: 4161010027
    • Zoning: RBR-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Redondo Beach

    Financial & listing details

    • Price per square foot: $665/sqft
    • Tax assessed value: $2,610,690
    • Annual tax amount: $31,121
    • Date on market: 9/15/2023
    • Cumulative days on market: 86 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    2/27/2024Sold$2,559,500-3.4%$665/sqft
    Source: CRMLS #SB23172337 Report a problem
    2/23/2024Pending sale$2,650,000$688/sqft
    Source: CRMLS #SB23172337 Report a problem
    12/14/2023Contingent$2,650,000$688/sqft
    Source: CRMLS #SB23172337 Report a problem
    11/10/2023Price change$2,650,000-3.6%$688/sqft
    Source: CRMLS #SB23172337 Report a problem
    10/26/2023Price change$2,750,000-1.8%$714/sqft
    Source: CRMLS #SB23172337 Report a problem
    10/5/2023Listed for sale$2,800,000$727/sqft
    Source: CRMLS #SB23172337 Report a problem
    10/2/2023Pending sale$2,800,000$727/sqft
    Source: CRMLS #SB23172337 Report a problem
    9/15/2023Listed for sale$2,800,000+51.4%$727/sqft
    Source: CRMLS #SB23172337 Report a problem
    8/14/2020Sold$1,850,000-11.9%$481/sqft
    Source: CRMLS #SB20048317 Report a problem
    4/14/2020Listing removed$2,100,000$546/sqft
    Source: Lyon Stahl Investment Real Estate, Inc. #SB20048317 Report a problem
    3/5/2020Listed for sale$2,100,000$546/sqft
    Source: Lyon Stahl Investment Real Estate, Inc. #SB20048317 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,121 +34.9%$2,610,690 +33%
    2024$23,077 +2.3%$1,963,234 +2%
    2023$22,550 +1.4%$1,924,740 +2%
    2022$22,249 +2.4%$1,887,000 +2%
    2021$21,729 +624.3%$1,850,000 +1192%
    2020$3,000 $143,193 +2%
    2019$3,000 +7.3%$140,387 +2%
    2018$2,796 $137,635 +2%
    2017$2,796 +1.2%$134,938 +2%
    2016$2,762 +3.9%$132,293 +1.5%
    2015$2,658 +1.3%$130,307 +2%
    2014$2,624 $127,756 +4.5%
    2011-- $122,243 +0.8%
    2010-- $121,330 -0.2%
    2009-- $121,619 +2%
    2008-- $119,235 +8.2%
    2004-- $110,158 +1.9%
    2003-- $108,140 +2%
    2002-- $106,021
    Find assessor info on the county website

    Neighborhood: 90278

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,589,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,589,500