Fantastic investor opportunity. Four townhome-style units in prime Redondo Beach neighborhood. Well maintained building. Two units have been upgraded (2019 & 2020) Front unit 'A is deemed an "owners unit". First floor has an updated kitchen that opens to a family room w/ fireplace. This unit also has a large living room as well as a home office space. There is a 3/4 bath downstairs as well as laundry hook-ups.
Upstairs in Unit A, there are two bedrooms + upgraded bathroom + a huge private deck that is accessible from both bedrooms.
Three other townhome-style units each have 2 bedrooms and 1 1/2 baths. There are 3 double car garages and one single garage that has direct access into unit 'D. Each unit has laundry hookups. There is also a common laundry room on east side of the building.
NO city rent control - only AB1482. Easy access to schools, freeways and many great restaurants.
Sold for $2,255,000
Listed by: Chris Broadhurst • Chris Broadhurst • Contact: 310-753-8871
Bought with: Coldwell Banker Residential Br
$2,255,000
2228 Nelson Ave, Redondo Beach, CA 90278
8beds
8baths
4,716sqft
Multi Family
Built in 1969
-- sqft lot
$2,766,100 Zestimate®
$478/sqft
$3,276 Estimated rent
Home value
$2,766,100
$2.46M - $3.15M
$3,276/mo
Zestimate® history
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$14,465/mo
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List your homeWhat's special
Single garageHome office spaceHuge private deckEasy access to schoolsUpgraded bathroomUpdated kitchenLaundry hook - ups
Zillow last checked:
Listing updated:
Listed by:
Chris Broadhurst DRE #00615897 310-753-8871,
Chris Broadhurst
Bought with:
Brian Erdmann, DRE #02029048
Coldwell Banker Residential Br
Source: CRMLS,MLS#: SB24060644
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Electric
Appliances
- Included: Electric Range, Disposal, Water Heater
- Laundry: Common Area, See Remarks
Features
- Open Floorplan, Quartz Counters, Unfurnished
- Flooring: Laminate
- Windows: Blinds, Drapes
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: 2+ Common Walls,No One Above,No One Below
Interior area
- Total structure area: 4,716
- Total interior livable area: 4,716 sqft
Property
Parking
- Total spaces: 7
- Parking features: Assigned
- Garage spaces: 7
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Block,Good Condition
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,506 Square Feet
- Dimensions: 50 x 150
- Features: Garden, Street Level
Details
- Parcel number: 4155025002
- Zoning: RBR-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Storm Drain(s), Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Redondo Beach
Financial & listing details
- Price per square foot: $478/sqft
- Tax assessed value: $2,300,100
- Annual tax amount: $27,427
- Date on market: 3/28/2024
- Cumulative days on market: 6 days
- Listing terms: Cash to New Loan
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2024 | Sold | $2,255,000+0.2%$478/sqft |
Source:  CRMLS #SB24060644 Report a problem | ||
| 4/4/2024 | Pending sale | $2,250,000$477/sqft |
Source: CRMLS #SB24060644 Report a problem | ||
| 3/28/2024 | Listed for sale | $2,250,000$477/sqft |
Source: CRMLS #SB24060644 Report a problem | ||
| 11/24/2020 | Listing removed | $3,150$1/sqft |
Source: Lyon Stahl Investment Real Estate, Inc. #SB20208148 Report a problem | ||
| 10/24/2020 | Price change | $3,150-3.1%$1/sqft |
Source: Lyon Stahl Investment Real Estate, Inc. #SB20208148 Report a problem | ||
| 10/6/2020 | Listed for rent | $3,250+30%$1/sqft |
Source: Lyon Stahl Investment Real Estate, Inc. #SB20208148 Report a problem | ||
| 3/13/2020 | Listing removed | $2,500$1/sqft |
Source: Lyon Stahl Investment Real Estate, Inc. #SB20046995 Report a problem | ||
| 3/6/2020 | Listed for rent | $2,500$1/sqft |
Source: Lyon Stahl Investment Real Estate, Inc. #SB20046995 Report a problem | ||
| 3/23/2019 | Listing removed | $2,500$1/sqft |
Source: Lyon Stahl Investment Real Estate, Inc. #SB19061334 Report a problem | ||
| 3/20/2019 | Listed for rent | $2,500$1/sqft |
Source: Lyon Stahl Investment Real Estate, Inc. #SB19061334 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $27,427 +155.7% | $2,300,100 +173.1% |
| 2024 | $10,727 +1.7% | $842,190 +2% |
| 2023 | $10,542 +1.3% | $825,677 +2% |
| 2022 | $10,405 +2.4% | $809,488 +2% |
| 2021 | $10,163 -0.1% | $793,616 +1% |
| 2020 | $10,172 | $785,479 +2% |
| 2019 | $10,172 +5.4% | $770,078 +2% |
| 2018 | $9,654 | $754,979 +2% |
| 2017 | $9,654 +1.5% | $740,176 +2% |
| 2016 | $9,514 +2.1% | $725,664 +1.5% |
| 2015 | $9,317 +2.9% | $714,764 +2% |
| 2014 | $9,052 | $700,764 +2.5% |
| 2012 | -- | $683,920 +2% |
| 2011 | -- | $670,511 +0.8% |
| 2010 | -- | $665,501 -0.2% |
| 2009 | -- | $667,083 +2% |
| 2008 | -- | $654,004 +2% |
| 2007 | -- | $641,181 +2% |
| 2006 | -- | $628,609 |
| 2005 | -- | $628,609 +4% |
| 2004 | -- | $604,202 +1.9% |
| 2003 | -- | $593,129 +2% |
| 2002 | -- | $581,500 +16.3% |
| 2000 | -- | $500,000 |
Find assessor info on the county website
Neighborhood: 90278
Nearby homes
- $--2 bd2 ba-- sqft2228 Nelson Ave #C, Redondo Beach, CA 90278Off Market
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- $1,441,5004 bd3 ba2.3k sqft2226 Nelson Ave #A, Redondo Beach, CA 90278Off Market
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- $1,400,0003 bd3 ba2.2k sqft2224 Nelson Ave #A, Redondo Beach, CA 90278Off Market
- $1,690,2004 bd3 ba2.2k sqft2224 Nelson Ave #B, Redondo Beach, CA 90278Off Market
Nearby schools
GreatSchools rating
- 9/10Madison Elementary SchoolGrades: K-5Distance: 0.1 mi
- 8/10Adams Middle SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Redondo Union High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$2,766,100
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Estimated market value
$2,766,100
- California
- Los Angeles County
- Redondo Beach
- 90278
- 2228 Nelson Ave
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