$1,085,000
●
House -
Off Market
2308 Ives Lane
Redondo Beach, CA 90278
3 Beds
2 Baths
1,655 Ft²
$1,616,247
RealtyHop Estimate
34.80%
Since Oct 1, 2020
CA-Los Angeles
Primary Model
About This Property
Great family home atop the 'Redondo Hill' on a rare, nearly 7500 sq
ft FLAT lot! This 3 bedroom 2 bathroom single story home has been
in the current owners family for almost 60 years! The property
consists of a master suite and bathroom, with a potential 4th
bedroom if needed. Large kitchen and dining area with beautiful
wood flooring that flows perfectly in to a very large and spacious
family room, that opens up to your very large backyard, with so
many fun possibilities. Potential build up one day, will give you
amazing 360 degree views being at one of the highest points of the
area. Walking distance to the highly demanded Washington Elementary
and Adams Middle Schools. Undoubtedly a great opportunity to make
this amazing Redondo Beach location your home today, to raise a
family in for many years to come.
Unit Size
1,655 Ft²
Days on Market
62 days
Land Size
0.17 acres
Price per sqft
$724
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 months ago (CLAW #20608612)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2020 | Sold | ||
| Sold | |||
| Jul 9, 2020 | Listed by Latitude 33 Real Estate | $1,199,000 | |
| Listed by Latitude 33 Real Estate | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About North Redondo Beach
Similar Homes for Sale
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Listed by: Anthony Giordano, Latitude 33 Real Estate
Last Updated: 7 months ago
Data Source: CRMLS, MLS# 20608612
Last Updated: 7 months ago
Data Source: CRMLS, MLS# 20608612
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