$1,480,000
●
House -
Off Market
249 calle de madrid
Redondo Beach, CA 90277
3 Beds
2 Baths
1,553 Ft²
$2,226,759
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Located on one of the best tree lined streets in the upper rivera,
this COMPLETELY remodeled property is not one to be missed.
Fantastic One level home features a modern open floorplan that
thoughtfully utilizes every inch of the square footage. Great
master suite offers a luxurious bathroom and large walk in closet.
Welcoming entry way with Dutch door and formal dining room are
lined with beautiful finished carpentry. The kitchen overlooks the
family room with french doors that lead out to the large back yard,
deck and patio. All areas enjoy a peak of a city lights view. High
end materials and detailed craftsmanship permeate every aspect of
this home and precise attention to detail and quality is evident
throughout the entirety of the property. Lush landscaping is
enjoyed throughout and a nice compliment to the tranquility of the
location.
Unit Size
1,553 Ft²
Days on Market
30 days
Land Size
0.17 acres
Price per sqft
$946
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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: 4 months ago (CRMLS #PV18103045)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2018 | Sold | ||
| Sold | |||
| May 2, 2018 | Listed by RE/MAX Estate Properties | $1,469,000 | |
| Listed by RE/MAX Estate Properties | |||
| Jul 9, 2017 | Listed | $1,489,000 | |
| Listed | |||
| | |||
|
Located on one of the best tree lined streets in the upper rivera, this COMPLETELY remodeled property is not one to be missed. Fantastic One level home features a modern open floorplan that thoughtfully utilizes every inch of the square footage. Great master suite offers a luxurious bathroom and large walk in closet. Welcoming entry way with Dutch door and formal dining room are lined with beautiful finished carpentry. The kitchen overlooks the family room with french doors that lead out to the large back yard, deck and patio. All areas enjoy a peak of a city lights view. High end materials and detailed craftsmanship permeate every aspect of this home and precise attention to detail and quality is evident throughout the entirety of the property. Lush landscaping is enjoyed throughout and a nice compliment to the tranquility of the location.The manager has listed the unit size as 1553 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Torrance
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Listed by: Haley Larson, RE/MAX Estate Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PV18103045
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PV18103045
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