$1,380,000
●
House -
Off Market
437 Via La Soledad
Redondo Beach, CA 90277
3 Beds
1 Bath
1,562 Ft²
$1,929,086
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Time to enjoy the Hollywood Riviera lifestyle you
deserve! Rare corner lot with ocean views from the living
areas and back yard in this beautiful upper Riviera
neighborhood. Spacious living room features a cozy fireplace
and plenty of west facing windows to bring in tons of natural light
and ocean and sunset views. The full sized dining room is
perfect for entertaining family and friends for a dinner party or
holiday dinners. An added bonus is a bright sun room or den
with French doors opening up to the lovely patio (and more ocean
views!) - perfect for morning coffee or evening
cocktails. Three bedrooms and two baths plus original hardwood
floors in most rooms complete this special home. With a 2 car
garage and long driveway there is plenty of space to park when
guests come to visit. Walk to the beach and Riviera Village, or
take a hike through the woods of PV in the other direction with
nearby access to the Eucalyptus Trail behind Calle de
Arboles. Don't forget the excellent California
Distinguished Schools in the Torrance Unified School District!
This is a home you will want to call your own!
Unit Size
1,562 Ft²
Days on Market
139 days
Land Size
0.15 acres
Price per sqft
$864
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 #SB19245703)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2020 | Sold | ||
| Sold | |||
| Oct 24, 2019 | Listed by Keller Williams Beach Cities | $1,349,000 | |
| Listed by Keller Williams Beach Cities | |||
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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Status
Status
Type
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ft²
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Sold On
HOA + Taxes
About Torrance
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Listed by: Sue Murphy, Keller Williams Beach Cities
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB19245703
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB19245703
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