Well-maintained 4-unit complex in desirable Jefferson Elementary neighborhood. 100% tenant occupied. Three units are 2BD/1BA with add'l separate powder area, all recently remodeled with granite counters, vinyl windows, tile floors, tiled stairwells to rooftop decks, vinyl flooring, new E-pipe plumbing, and newer roofing. Termite repairs have been completed. Each unit has a private courtyard and garage parking.
Front unit is approx. 1,500 sq. ft. 3BD/2.5BA + den with fireplace, vaulted ceilings, washer/dryer hook-ups, and private courtyard. Strong rental history, pride of ownership, and excellent owner-user or investor opportunity.
Highlights:
• 4 Units – 100% occupied
• Three remodeled 2BD/1BA units w/ powder area
• Front unit ~1,500 sq. ft. 3BD/2.5BA + den
• Private courtyards for all units
• Garage parking for every tenant
• New E-pipe plumbing, vinyl windows, sealed/coated roof
• Termite repairs completed
• Located in Jefferson Elementary School district
Sold for $1,925,000
Listed by: Thompson Team Real Estate, Inc. • Greg Fabian • Contact: 310-493-2177
Bought with: Marcus & Millichap
$1,925,000
1816 Speyer Ln, Redondo Beach, CA 90278
9beds
6baths
5,080sqft
Quadruplex
Built in 1973
-- sqft lot
$2,923,400 Zestimate®
$379/sqft
$2,940 Estimated rent
Home value
$2,923,400
$2.57M - $3.30M
$2,940/mo
Zestimate® history
Owner options
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$2,940/mo
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$12,267/mo
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List your homeWhat's special
New e-pipe plumbingPrivate courtyardRemodeled with granite countersVinyl windowsTile floorsVinyl flooringGarage parking
Zillow last checked:
Listing updated:
Listed by:
Greg Fabian DRE #01811979 310-493-2177,
Thompson Team Real Estate, Inc.
Bought with:
Jonathan Weir, DRE #02038545
Marcus & Millichap
Source: CRMLS,MLS#: SB25186430
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Rooms
- Room types: Bathroom, Bedroom
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Jack and Jill Bath
Heating
- Combination, Forced Air
Cooling
- None
Appliances
- Included: Dishwasher, Electric Range, Gas Range, Gas Water Heater
- Laundry: Common Area
Features
- Beamed Ceilings, All Bedrooms Up, Jack and Jill Bath
- Flooring: Carpet, Laminate
- Windows: Insulated Windows
- Has fireplace: Yes
- Fireplace features: Den
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 5,080
- Total interior livable area: 5,080 sqft
Property
Parking
- Total spaces: 7
- Parking features: Assigned, Driveway Level, Garage
- Garage spaces: 7
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 7,501 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 4160001004
- Zoning: RBR-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Stucco, Copper Plumbing
- Foundation: Slab
- Roof: Flat
Condition
- Updated/Remodeled,Turnkey
- New construction: No
- Year built: 1973
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Biking, Dog Park
- Security: Fire Detection System, Smoke Detector(s)
Location
- Region: Redondo Beach
Financial & listing details
- Price per square foot: $379/sqft
- Tax assessed value: $928,359
- Annual tax amount: $12,059
- Date on market: 8/19/2025
- Cumulative days on market: 72 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2025 | Sold | $1,925,000-16.3%$379/sqft |
Source:  CRMLS #SB25186430 Report a problem | ||
| 11/7/2025 | Pending sale | $2,300,000$453/sqft |
Source: CRMLS #SB25186430 Report a problem | ||
| 11/3/2025 | Price change | $2,300,000-7.8%$453/sqft |
Source: CRMLS #SB25186430 Report a problem | ||
| 10/29/2025 | Pending sale | $2,495,000$491/sqft |
Source: CRMLS #SB25186430 Report a problem | ||
| 8/19/2025 | Listed for sale | $2,495,000$491/sqft |
Source: CRMLS #SB25186430 Report a problem | ||
| 10/18/2011 | Listing removed | $1,850 |
Source: TMC Report a problem | ||
| 10/8/2011 | Listed for rent | $1,850 |
Source: TMC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,059 +4.7% | $928,359 +2% |
| 2024 | $11,518 +1.8% | $910,157 +2% |
| 2023 | $11,319 +1.3% | $892,312 +2% |
| 2022 | $11,171 +2.4% | $874,817 +2% |
| 2021 | $10,909 -0.1% | $857,665 +1% |
| 2020 | $10,919 | $848,872 +2% |
| 2019 | $10,919 +5.5% | $832,228 +2% |
| 2018 | $10,350 | $815,911 +2% |
| 2017 | $10,350 +1.5% | $799,914 +2% |
| 2016 | $10,198 +2.1% | $784,231 +1.5% |
| 2015 | $9,987 +3% | $772,452 +2% |
| 2014 | $9,700 | $757,322 +2.5% |
| 2012 | -- | $739,119 +2% |
| 2011 | -- | $724,627 +0.8% |
| 2010 | -- | $719,213 -0.2% |
| 2009 | -- | $720,923 +2% |
| 2008 | -- | $706,788 +2% |
| 2007 | -- | $692,930 +2% |
| 2006 | -- | $679,345 |
| 2005 | -- | $679,345 +4% |
| 2004 | -- | $652,968 +1.9% |
| 2003 | -- | $641,002 +2% |
| 2002 | -- | $628,434 +22% |
| 2000 | -- | $515,000 |
Find assessor info on the county website
Neighborhood: 90278
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Nearby schools
GreatSchools rating
- 8/10Jefferson Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Parras (Nick G.) Middle SchoolGrades: 6-8Distance: 1.2 mi
- 10/10Redondo Union High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$2,923,400
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Estimated market value
$2,923,400
- California
- Los Angeles County
- Redondo Beach
- 90278
- 1816 Speyer Ln
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